NOT LISTED FOR SALE

8855 SW 111th Terrace Miami, FL 33176

Estimated Value: $3,139,920 - $3,269,000

5 Beds
5 Baths
5,157 Sq Ft
$622/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $3,100,000 $601 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $19,113/month

47 Days on Market

Highlights

  • Heated Pool
  • 43,212 Sq Ft lot
  • Marble Flooring
  • Vineland K-8 Center Rated A-
  • Vaulted Ceiling
  • Pool View

About This Home

As of June 2024

Majestic Luxury Gated Estate on an acre lot, in a quiet cul de sac. This Stunning Estate features 5 Bedrooms 5 Bathrooms plus library/den, 14ft. ceilings, custom swimming pool complete with a lounge pool, jacuzzi, and Gazebo. Marble floors throughout, formal dining room, wet bar, huge kitchen and wide open spaces. Enormous owner's suite complete with his and hers vanity, and private water closet. The grounds are home to an exquisite collection of mature trees meticulously cultivated.

Last Agent to Sell the Property

Francisco Suarez

EXP Realty LLC License #3407692 Listed on: 02/25/2024

EXP Realty LLC

Last Buyer's Agent

Gleyder Gonzalez

Miami Premier Realty License #3303254

Miami Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,017

Year Built

  • Built in 2000

Lot Details

  • 0.99 Acre Lot
  • Southeast Facing Home
  • Fenced
  • Property is zoned 2300

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,157 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Partially Furnished
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Outdoor Pool
  • Pool Bathroom

Outdoor Features

  • Patio

Schools

  • Vineland Elementary School
  • Palmetto Middle School
  • Killian Senior High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 30-50-09-032-0020

Community Details

Overview

  • No Home Owners Association
  • Killian Place Subdivision

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,017

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: KILLIAN PLACE SUBDIVISION
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Partially Furnished
  • Living Area: 5157
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum
  • Possible Use: Primary
  • Spa Features: Community
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Pool
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: Heated, Pool Bath
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KILLIAN PLACE SUBDIVISION
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Spa/Hot Tub

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Vineland
  • High School: Killian Senior
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 30-50-09-032-0020
  • Lot Size Sq Ft: 43212
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Jun 21, 2024
Sold by
American Family Holdings Inc
Bought by
Lopez Alexis Cedeno
Seller's Agent
Francisco Suarez
EXP Realty LLC
Buyer's Agent
Gleyder Gonzalez
Miami Premier Realty
List Price
$3,399,999
Sold Price
$3,100,000
Premium/Discount to List
-$299,999
-8.82%
Views
51
Current Estimated Value
$3,207,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,730
Avg. Annual Appreciation
2.94%
Original Mortgage
$2,170,000
Outstanding Balance
$2,143,048
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,064,682

Purchase Details

Closed on
Mar 22, 2024
Sold by
Suarez Angel and Angel Suarez And Maria C Suarez Living T
Bought by
American Family Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 24, 2020
Sold by
Suarez Angel and Suarez Maria
Bought by
Suarez Angel and Suarez Maria

Purchase Details

Closed on
Dec 8, 2000
Sold by
G C Homes Inc
Bought by
Suarez Angel and Suarez Maria
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Alexis Cedeno $3,100,000 None Listed On Document
American Family Holdings Inc -- None Listed On Document
Suarez Angel -- Attorney
Suarez Angel $836,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alexis Cedeno $2,170,000
Previous Owner American Family Holdings Inc $2,300,000
Previous Owner Suarez Angel $200,000
Previous Owner Suarez Angel $900,000
Previous Owner Suarez Angel $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $3,100,000 -8.8% $601 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $3,399,999 0.0% $659 / Sq Ft
03/05/2024 03/05/24 Price Changed $3,399,999 -- $659 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $19,622 $2,307,293 $1,253,148 $1,054,145
2024 $19,017 $1,156,886 -- --
2023 $19,017 $1,123,191 $0 $0
2022 $18,407 $1,090,477 $0 $0
2021 $18,418 $1,058,716 $0 $0
2020 $18,215 $1,044,099 $0 $0
2019 $17,848 $1,020,625 $0 $0
2018 $17,061 $1,001,595 $0 $0
2017 $16,941 $980,995 $0 $0
2016 $16,919 $960,818 $0 $0
2015 $17,137 $954,140 $0 $0
2014 -- $946,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11539242

MIAMI REALTORS® MLS

APN: 30-5009-032-0020