NOT LISTED FOR SALE

Estimated Value: $2,335,000 - $3,988,000

5 Beds
3.5 Baths
3,789 Sq Ft
$910/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $3,600,000 $950 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $22,936/month

36 Days on Market

Highlights

  • Property has ocean access
  • Guest House
  • In Ground Pool
  • Dock Available
  • Property Fronts a Bay or Harbor
  • 34,835 Sq Ft lot

About This Home

As of May 2024

Nestled along the serene Northlake Drive, this expansive waterfront home presents a rare opportunity for those seeking a spacious retreat in a coveted location. Boasting five bedrooms and three and a half bathrooms, this residence offers ample space for comfortable living and entertaining. With a generous square footage of 4049, there's room to reimagine and remodel according to your unique vision and style.Perched on a sizable lot spanning 34,835 square feet, the property provides a tranquil oasis with breathtaking views of the waterfront approximately 150 feet. From its scenic surroundings to its coveted address, this home is a rare find, seldom available on the market. Embrace the potential of this remarkable property and craft your dream waterfront haven on Northlake Drive.

Last Agent to Sell the Property

Monika Ciocca

Ciocca Real Estate LLC License #3163818 Listed on: 03/14/2024

Last Buyer's Agent

Aliza Shaulson

The Real Estate Lab, Inc. License #3606844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,343

Year Built

  • Built in 1939

Lot Details

  • 0.8 Acre Lot
  • 150 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Property is zoned RS-9

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Interior Spaces

  • 3,789 Sq Ft Home
  • 2-Story Property
  • Den
  • Sun or Florida Room
  • Bay Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Dock Available

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Hollywood Lakes Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514214023060

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,343

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: mapquest
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HOLLYWOOD LAKES SECTION
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Florida Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 3789
  • Possible Use: Investment
  • Bedroom Features: Other
  • Living Room Features: Den/Library/Office, Florida Room, Guest House

Exterior Features

  • Roof: Other
  • View: Bay, Water
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HOLLYWOOD LAKES SECTION
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514214023060
  • Lot Size Sq Ft: 34835
  • Zoning: RS-9
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 45343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 15, 2024
Sold by
Sheppard Cathy and Sheppard Cathy Amended
Bought by
933 S Northlake Dr Llc
Seller's Agent
Monika Ciocca
Ciocca Real Estate LLC
Buyer's Agent
Aliza Shaulson
The Real Estate Lab, Inc.
List Price
$5,800,000
Sold Price
$3,600,000
Premium/Discount to List
-$2,200,000
-37.93%
Views
51
Current Estimated Value
$3,446,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,428
Avg. Annual Appreciation
4.95%
Original Mortgage
$3,000,000
Outstanding Balance
$1,203,161
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
$2,607,851

Purchase Details

Closed on
Nov 4, 2020
Sold by
Sheppard Jonathan and Sheppard Cathy Montgomery
Bought by
Sheppard Cathy and Cathy Sheppard Revocable Trust

Purchase Details

Closed on
Oct 20, 2000
Sold by
Sheppard Jonathan
Bought by
Sheppard Jonathan and Sheppard Catey M

Purchase Details

Closed on
Aug 8, 2000
Sold by
Rosen Ronald and Rosen Lynn
Bought by
Sheppard Jonathan
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
933 S Northlake Dr Llc $3,600,000 None Listed On Document
Sheppard Cathy -- Attorney
Sheppard Jonathan -- --
Sheppard Jonathan $942,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 933 S Northlake Dr Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $3,600,000 -37.9% $950 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $5,800,000 -- $1,531 / 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 $46,146 $4,033,420 $1,316,760 $2,716,660
2024 $45,343 $4,033,420 $1,316,760 $2,716,660
2023 $45,343 $2,169,110 $0 $0
2022 $43,170 $2,105,940 $0 $0
2021 $42,150 $2,044,610 $0 $0
2020 $41,699 $2,016,390 $0 $0
2019 $41,289 $1,971,060 $0 $0
2018 $39,500 $1,934,310 $0 $0
2017 $38,913 $1,894,530 $0 $0
2016 $38,897 $1,855,570 $0 $0
2015 $39,496 $1,842,680 $0 $0
2014 $39,610 $1,828,060 $0 $0
2013 -- $1,927,940 $1,219,230 $708,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11549892

MIAMI REALTORS® MLS

APN: 51-42-14-02-3060