NOT LISTED FOR SALE

Estimated Value: $6,599,000 - $18,098,703

5 Beds
5.5 Baths
3,605 Sq Ft
$3,425/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $13,000,000 $3,606 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $79,983/month

510 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • 1 Bedroom Guest House
  • 2-minute walk to Venetian Causeway Park

About This Home

As of August 2021

Magnificent Bayfront Villa- situated on a double lot offering 27,250 SF and 175 linear ft of Wide Bay waterfront. Elegant European home, designed by L. Carmellini of Milan (creator of Gianni Versace's boutiques and homes). The two-story residence offers unobstructed views of Biscayne Bay and Miami's skyline from most of the rooms. Carrara marble floors, exuberant wood work, gourmet kitchen, soaring coffered ceiling, formal dining room, large summer kitchen, over-sized mosaic swimming pool. Top of the line boat accommodations for large yacht or multiple elevated dockage. The residence is immaculate with no expense spared- move in condition. Rare opportunity to own one of the largest properties on the Venetian Isles.

Last Agent to Sell the Property

Allan Kleer

One Sotheby's International Re License #0675979 Listed on: 09/17/2019

One Sotheby's International Re

Co-Listed By

Fabian Garcia-Diaz

One Sotheby's International Re License #0492073

Last Buyer's Agent

Mike Kuritnik

Axon Advisors License #3488510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $105,443

Year Built

  • Built in 2011

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 175x150
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,605 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bay Window
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Marble Flooring
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Outdoor Features

  • Heated Above Ground Pool
  • Property has ocean access
  • Private Dock
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Kitchen

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Biscayne Isl,Bayfront Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-026-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$105,443

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 175x150
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE ISL,Bayfront Estate
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances
  • Interior Amenities: Built-in Features, Entrance Foyer, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 3605
  • Possible Use: Unknown/Withheld
  • Window Features: Bay Window(s), Casement, Sliding
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Bay
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: Above Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE ISL
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular 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: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-31-026-0100
  • Lot Size Sq Ft: 27250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 105443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Aug 4, 2021
Sold by
Ken Hill Investment Group Inc
Bought by
Patkin Joshua
Seller's Agent
Allan Kleer
One Sotheby's International Re
Buyer's Agent
Mike Kuritnik
Axon Advisors
List Price
$19,900,000
Sold Price
$13,000,000
Premium/Discount to List
-$6,900,000
-34.67%
Current Estimated Value
$12,348,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$651,148
Avg. Annual Appreciation
-3.89%
Original Mortgage
$8,900,000
Outstanding Balance
$8,127,704
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,923,316

Purchase Details

Closed on
Nov 20, 2009
Sold by
Dansky Alan Scott
Bought by
Ken Hill Investment Group Inc

Purchase Details

Closed on
Oct 5, 1999
Sold by
Barton Ira S
Bought by
Dansky Alan S

Purchase Details

Closed on
Sep 3, 1996
Sold by
Cadogan Stephen J and Viejo Ronald
Bought by
Barton Ira S

Purchase Details

Closed on
Dec 23, 1994
Sold by
Patel Monique and Patel Kailesh
Bought by
Cadogan Stephen J and Viejo Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,100
Interest Rate
9.23%

Purchase Details

Closed on
Aug 4, 1993
Sold by
Jacobs Mollie
Bought by
Patel Monique
Source: Public Records

Range of Values:

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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
Patkin Joshua $8,900,000 Attorney
Ken Hill Investment Group Inc $3,700,000 Attorney
Dansky Alan S $1,275,000 --
Barton Ira S $850,000 --
Cadogan Stephen J $477,500 --
Patel Monique $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patkin Joshua $8,900,000
Previous Owner Ken Hill Investment Group Inc $4,000,000
Previous Owner Dansky Alan Scott $2,500,000
Previous Owner Cadogan Stephen J $358,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $13,000,000 -3.7% $3,606 / Sq Ft
12/03/2020 12/03/20 Price Changed $13,500,000 -18.2% $3,745 / Sq Ft
10/16/2020 10/16/20 Price Changed $16,500,000 -17.1% $4,577 / Sq Ft
09/12/2019 09/12/19 For Sale $19,900,000 -- $5,520 / 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 $158,620 $8,170,929 -- --
2024 $157,997 $7,940,651 -- --
2023 $157,997 $7,709,370 $0 $0
2022 $153,815 $7,484,826 $6,160,000 $1,324,826
2021 $109,989 $5,158,889 $4,560,000 $598,889
2020 $105,174 $4,920,356 $4,320,000 $600,356
2019 $105,443 $4,921,820 $4,320,000 $601,820
2018 $102,430 $4,923,285 $4,320,000 $603,285
2017 $97,364 $4,407,255 $0 $0
2016 $94,560 $4,006,596 $0 $0
2015 $73,758 $3,235,419 $0 $0
2014 $67,084 $2,941,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10738434

MIAMI REALTORS® MLS

APN: 01-3231-026-0100