NOT LISTED FOR SALE

Estimated Value: $1,334,000 - $1,636,877

4 Beds
4.5 Baths
1,205 Sq Ft
$1,233/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2024

Last sale price $1,550,000 $1,286 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,446 / mo

226 Days on Market

Highlights

  • Direct Ocean View
  • New Construction
  • No HOA
  • South Pointe Elementary School Rated 9+
  • Marble Flooring
  • 2-minute walk to Washington Dog Park & Annex

About This Home

As of July 2024

Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.

Last Agent to Sell the Property

Cyril Bijaoui

The Corcoran Group License #3325796 Listed on: 11/07/2023

The Corcoran Group

Last Buyer's Agent

Pamela Diaz-de-Leon

The Corcoran Group License #0696905

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,219

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 2,656 Sq Ft Lot
  • South Facing Home
  • Property is zoned 3002

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Direct Ocean Views

Home Design

  • Concrete Block And Stucco Construction

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Ocean Beach Addn No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-009-5372

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,219

Year Built

Built in 2025 | New Construction

Lot Details

2,656 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Ownership: Corporation
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: OCEAN BEACH ADDN NO 3
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Ocean, Direct Ocean
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEAN BEACH ADDN NO 3
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-03-009-5372
  • Lot Size Sq Ft: 2656
  • Zoning: 3002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16219

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jul 9, 2024
Sold by
Bought by
Seller's Agent
Cyril Bijaoui
The Corcoran Group
Buyer's Agent
Pamela Diaz-de-Leon
The Corcoran Group
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Views
261
Current Estimated Value
$1,485,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,561
Avg. Annual Appreciation
-2.04%

Purchase Details

Closed on
May 14, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 Pinnacle Title Group
$950,000 Pinnacle Title Group Llc
$850,000 Attorney
$600,100 None Available
$600,100 None Available
$340,000 True Title Agency Inc
$192,000 --
$162,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $510,000
Previous Owner $152,498
Previous Owner $100,000
Previous Owner $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $1,550,000 -8.6% $1,286 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $1,695,000 -- $1,407 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,221 $929,600 $929,600
2024 $16,312 $863,200 $863,200
2023 $16,312 $863,200 $863,200 $0
2022 $16,219 $863,200 $863,200 $0
2021 $15,385 $796,800 $796,800 $0
2020 $15,426 $796,800 $796,800 $0
2019 $15,441 $796,800 $796,800 $0
2018 $15,708 $864,436 $796,800 $67,636
2017 $16,463 $744,680 $0 $0
2016 $12,135 $481,376 $0 $0
2015 $9,824 $437,615 $0 $0
2014 $8,535 $397,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11482712

MIAMI REALTORS® MLS

APN: 02-4203-009-5372

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