NOT LISTED FOR SALE

Estimated Value: $6,750,000 - $13,915,824

5 Beds
3 Baths
4,659 Sq Ft
$2,218/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $2,250,000 $483 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $64,063/month

381 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Built in 1925 | Newly Remodeled
  • Garage Apartment

About This Home

As of December 2012

Beautiful Waterfront Mediterranean House from 1925. 1BR/1BA Apartment Over Garage. On Flamingo. Original Details.

Last Agent to Sell the Property

Dylan Davidson

Premier Realty Team Inc. License #3146277 Listed on: 10/10/2011

Last Buyer's Agent

Raquel Sragowicz

Citadel Realty License #0565174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,139

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 10040x210
  • Waterfront
  • West Facing Home
  • Property is zoned 21/EST 1

Parking

  • 2 Car Garage
  • Garage Apartment
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,659 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Great Room
  • Den
  • Terrazzo Flooring
  • Canal Views
  • High Impact Door

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width is 81-120 Feet
  • Private Dock
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Flamingo Terrace Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-002-0320

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,139

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 10040x210
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: FLAMINGO TERRACE SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 2250000
  • InternetRemarks: Beautiful Waterfront 5/3 Mediterranean House from 1925.Additional 1BR/1BA Apartment Over Garage. On Flamingo. Original Details.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Den/Library/Office, Garage Apartment, Great Room
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 4659
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Garage Apartment, Great Room

Exterior Features

  • Roof: Barrel Roof
  • View: Canal
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FLAMINGO TERRACE SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-26-002-0320
  • Lot Size Sq Ft: 21084
  • Zoning: 21/EST 1

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 21139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Dec 27, 2012
Sold by
Davidson Esther R and Davidson Esther
Bought by
Lehmann Marc and Kim Jean
Seller's Agent
Dylan Davidson
Premier Realty Team Inc.
Buyer's Agent
Raquel Sragowicz
Citadel Realty
List Price
$2,400,000
Sold Price
$2,250,000
Premium/Discount to List
-$150,000
-6.25%
Current Estimated Value
$10,332,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,082,912
Avg. Annual Appreciation
12.37%
Original Mortgage
$1,150,000
Outstanding Balance
$513,688
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$9,819,224

Purchase Details

Closed on
Apr 28, 1998
Sold by
Richards Terry D
Bought by
Davidson David B and Davidson Esther R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,250
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records
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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
Lehmann Marc $2,250,000 Attorney
Davidson David B $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehmann Marc $1,150,000
Previous Owner Davidson David B $445,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2012 12/27/12 Sold $2,250,000 -6.3% $483 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $2,400,000 -- $515 / 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 $126,789 $6,985,272 -- --
2024 $123,765 $6,788,409 -- --
2023 $123,765 $6,590,689 $0 $0
2022 $119,453 $6,398,728 $0 $0
2021 $119,159 $6,212,358 $2,214,037 $3,998,321
2020 $134,290 $6,977,421 $0 $0
2019 $131,382 $6,820,549 $2,740,344 $4,080,205
2018 $128,248 $6,861,224 $2,740,344 $4,120,880
2017 $41,860 $1,883,480 $0 $0
2016 $40,787 $1,712,255 $0 $0
2015 $38,005 $1,556,596 $0 $0
2014 $38,225 $1,839,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1560819

MIAMI REALTORS® MLS

APN: 02-3226-002-0320