NOT LISTED FOR SALE

8870 SW 63rd Ct Pinecrest, FL 33156

Estimated Value: $7,970,000 - $9,984,896

7 Beds
7.5 Baths
8,120 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $5,312,500 $654 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $57,023/month

3 Days on Market

Highlights

  • Water Views
  • Home Theater
  • In Ground Pool
  • Pinecrest Elementary School Rated A
  • Newly Remodeled
  • Recreation Room

About This Home

As of March 2019

Breathtaking Tropical Modern Brand-New Estate in Prestigious Stritter Estates. Greeted by soothing water features as you enter your home which leads to a spectacular architectural floor plan w/plenty of natural light. This home offers luxurious finishes & incredible attention to detail throughout. Offering grand living & dining room, designer kitchen, climate-controlled wine cellar, ground level & upstairs master suite w/sitting areas, to a stunning glass stair case & elevator. Premier Limestone & Wood floors. Nested on a deep lot allowing picturesque views of the backyard. Other Features: Large Laundry Room, Smart Home Integration, LED Lights, Resort Style 50 X 30 Pool, Spray Foam Insulation, Summer Kitchen, 3-Car Garage, Fully Gated. Premier Pinecrest Schools. Builder Home Warranty.

Last Agent to Sell the Property

Michael Martinez

One Sotheby's International Realty License #0694150 Listed on: 02/12/2019

One Sotheby's International Realty

Last Buyer's Agent

Jessica Atkins

MMLS Assoc.-Inactive Member License #3212449

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,311

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.87 Acre Lot
  • North Facing Home
  • Fenced

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,120 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • Walk-In Closet
  • Jettted Tub and Separate Shower in Primary Bathroom

Home Security

  • Impact Glass
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Stritter Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-01-053-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,311

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Stritter Estates
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Self Cleaning Oven
  • Interior Amenities: Built-in Features, Walk-In Closet(s), Wet Bar, Den/Library/Office, Media Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8120
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Studio
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Media Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Stritter Estates
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 85
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: None
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 20-50-01-053-0030
  • Lot Size Sq Ft: 38005
  • Zoning: Resident
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 27, 2019
Sold by
Brook Development Company Llc
Bought by
Eljaiek Santiago and Eljaiek Patricia
Seller's Agent
Michael Martinez
One Sotheby's International Realty
Buyer's Agent
Jessica Atkins
MMLS Assoc.-Inactive Member
List Price
$5,500,000
Sold Price
$5,312,500
Premium/Discount to List
-$187,500
-3.41%
Current Estimated Value
$9,069,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,756,799
Avg. Annual Appreciation
9.69%
Original Mortgage
$4,488,531
Outstanding Balance
$3,967,712
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,681,378

Purchase Details

Closed on
Feb 3, 2011
Sold by
King Mark R
Bought by
Brook Development Company Llc

Purchase Details

Closed on
Dec 3, 2009
Sold by
Village Of Pinecrest Dev Inc
Bought by
Mark R King Trs
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
Eljaiek Santiago $5,312,500 Attorney
Brook Development Company Llc $610,000 Attorney
Mark R King Trs $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eljaiek Santiago $750,000
Open Eljaiek Santiago $4,488,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $5,312,500 -3.4% $654 / Sq Ft
02/11/2019 02/11/19 For Sale $5,500,000 -- $677 / 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 $94,855 $4,819,831 -- --
2024 $92,601 $4,683,996 -- --
2023 $92,601 $4,547,569 $0 $0
2022 $90,185 $4,415,116 $0 $0
2021 $90,220 $4,286,521 $0 $0
2020 $76,306 $4,227,339 $0 $0
2019 $80,688 $4,405,917 $1,003,332 $3,402,585
2018 $17,311 $1,003,332 $1,003,332 $0
2017 $16,514 $872,204 $0 $0
2016 $16,022 $792,913 $0 $0
2015 $14,624 $720,830 $0 $0
2014 $13,000 $655,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10616378

MIAMI REALTORS® MLS

APN: 20-5001-053-0030