NOT LISTED FOR SALE

940 88th St Surfside, FL 33154

Estimated Value: $3,715,000 - $9,673,000

0.34 Acre
$22,467,859 Price per Acre
14,810 Sq Ft Lot

Last Sold February 06, 2023

Last sale price $7,925,000 $3,063 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $52,426/month

52 Days on Market

Highlights

  • Private Dock
  • Property Fronts a Bay or Harbor
  • No HOA
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • 0.34 Acre Lot
  • 5-minute walk to Hawthorne Tot Lot

About This Lot

As of February 2023

Land for development!! Existing single story waterfront home in quiet Surfside neighborhood can be used until you knock and build. House situated on oversize 15,000 lot with southern sunset views. Four bedrooms and 4 bathrooms, living room, dining room, spacious kitchen, swimming pool, spa, 75 feet of waterfront, boat lift and Jetski lift, 2 car garage, Tesla charger. Close proximity tennis courts, walk to the beach, Bal Harbor Shopping mall, Publix, Starbucks, The Shul of Bal Harbor, Ruth K Broad school, Surfside community pool. Rented until January 31st. Only exterior being shown for land value. Demolish and build up to 9,500 SF new dream home!!

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 09/23/2022

The Corcoran Group

Last Buyer's Agent

Joyce Gato

Douglas Elliman License #0568186

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,360

Lot Details

  • 0.34 Acre Lot
  • 75 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned 1100

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-005-3940

Community Details

Overview

  • No Home Owners Association
  • Second Amd Plat Of Norman Condos
  • Second Amd Plat Of Norman Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$10,360

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.34
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: SECOND AMD PLAT OF NORMAN
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Primary

Exterior Features

  • View: Bay View
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot, Other
  • Other Structures: Livable, Well Kept
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SECOND AMD PLAT OF NORMAN

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 14-22-35-005-3940
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 15000
  • Zoning: 1100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Philipson Bent
Bought by
148 Bal Bay Drive Propco Llc
Current Estimated Value
$7,639,072

Purchase Details

Closed on
Dec 3, 2024
Sold by
Warshaw Katelyn
Bought by
Phillipson Bent

Purchase Details

Closed on
Nov 22, 2024
Sold by
Warshaw Paul
Bought by
Warshaw Katelyn K

Purchase Details

Closed on
Nov 16, 2023
Sold by
Bww Trust
Bought by
Warshaw Paul and Warshaw Katelyn K

Purchase Details

Listed on
Sep 23, 2022
Closed on
Jan 25, 2023
Sold by
Conlig 940 Llc
Bought by
Bww Trust
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Joyce Gato
Douglas Elliman
List Price
$8,500,000
Sold Price
$7,925,000
Premium/Discount to List
-$575,000
-6.76%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.77%

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 15, 2021
Sold by
940 88 Acquistions Llc
Bought by
Conlig 940 Llc
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$5,900,000
Sold Price
$5,840,000
Premium/Discount to List
-$60,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.43%

Purchase Details

Closed on
Aug 24, 2021
Sold by
Eduartez Jose A and Eduartez Lori E
Bought by
940 88 Acquistions Llc

Purchase Details

Closed on
Feb 23, 1999
Sold by
Angel and Arce Donna
Bought by
Eduartez Jose A and Eduartez Lori E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1997
Sold by
Byron Invest Corp
Bought by
Arce Angel and Arce Donna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
148 Bal Bay Drive Propco Llc -- Bh Title Agency
148 Bal Bay Drive Propco Llc -- Bh Title Agency
Phillipson Bent $14,800,000 Casa Title
Phillipson Bent $14,800,000 Casa Title
Warshaw Katelyn K -- None Listed On Document
Warshaw Katelyn K -- None Listed On Document
Warshaw Paul -- None Listed On Document
Bww Trust $7,925,000 --
Conlig 940 Llc $5,840,000 Attorney
940 88 Acquistions Llc $4,100,000 Attorney
Eduartez Jose A $425,000 --
Arce Angel $269,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eduartez Jose $250,000
Previous Owner Eduartez Jose A $2,061,000
Previous Owner Eduartez Jose A $250,000
Previous Owner Eduartez Jose A $78,000
Previous Owner Eduartez Jose A $300,000
Previous Owner Arce Angel $40,000
Previous Owner Arce Angel $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $7,925,000 -6.8% $3,063 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $8,500,000 0.0% $3,286 / Sq Ft
01/28/2022 01/28/22 Rented -- -- --
01/26/2022 01/26/22 Under Contract -- -- --
01/10/2022 01/10/22 For Rent $25,000 0.0% --
11/16/2021 11/16/21 Sold $5,840,000 -1.0% $2,613 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $5,900,000 -- $2,640 / 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 $140,715 $12,757,421 $10,625,000 $2,132,421
2024 $107,018 $7,483,712 $6,000,433 $1,483,279
2023 $107,018 $5,134,383 $0 $0
2022 $89,264 $4,667,621 $3,150,162 $1,517,459
2021 $10,360 $553,567 $0 $0
2020 $10,314 $545,925 $0 $0
2019 $10,119 $533,652 $0 $0
2018 $9,749 $523,702 $0 $0
2017 $9,756 $512,931 $0 $0
2016 $9,822 $502,381 $0 $0
2015 $9,928 $498,889 $0 $0
2014 $10,030 $494,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11277205

MIAMI REALTORS® MLS

APN: 14-2235-005-3940