NOT LISTED FOR SALE

Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated Value: $6,060,000 - $24,829,327

5 Beds
5 Baths
5,353 Sq Ft
$2,885/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $26,250,000 $4,904 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $111,130/month

3 Days on Market

Highlights

  • Property has ocean access
  • North Beach Elementary School Rated A-
  • No HOA

About This Home

As of June 2022

This home since 24 June 2022 and is currently estimated at $15,444,664, approximately $2,885 per square foot. This property was built in 2020. This home is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Last Agent to Sell the Property

Comp Sale

Comp Only Sales Listed on: 06/24/2022

Last Buyer's Agent

Dina Goldentayer

Douglas Elliman License #3116846

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $230,509

Year Built

  • Built in 2020

Lot Details

  • 10,500 Sq Ft Lot
  • Property is zoned 0800

Home Design

  • 5,353 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Property has ocean access

Community Details

  • No Home Owners Association
  • DI Lido Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-011-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$230,509

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: DI LIDO ISLAND
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Furnished: Unfurnished
  • Living Area: 5353
  • Possible Use: Unknown/Withheld

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access
  • Waterfront: No

Garage/Parking

  • Park Building Name: DI LIDO ISLAND

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-32-011-0020
  • Lot Size Sq Ft: 10500
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 230509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jun 24, 2022
Sold by
Frederic Korsant Justin
Bought by
Theo 45 E Dilido Trust
Seller's Agent
Comp Sale
Comp Only Sales
Buyer's Agent
Dina Goldentayer
Douglas Elliman
Sold Price
$26,250,000
Current Estimated Value
$15,444,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,805,336
Avg. Annual Appreciation
-13.95%
Original Mortgage
$15,750,000
Outstanding Balance
$14,780,712
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$663,952

Purchase Details

Closed on
Dec 2, 2021
Sold by
David Sutcliffe Mark and David Siobhan
Bought by
Korsant Justin Frederic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,300,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 10, 2020
Sold by
Horvitz Michael D
Bought by
Sutcliffe Mark David and Sutcliffe Siobhan
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$14,995,000
Sold Price
$15,775,000
Premium/Discount to List
$780,000
5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 20, 2016
Sold by
Buxton Robert M and Buxton Mary
Bought by
Horvitz Michael D and Michael D Horvitz Revocable Trust
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
John Lennon
South Pointe Drive Realty Inc
List Price
$5,400,000
Sold Price
$4,875,000
Premium/Discount to List
-$525,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.67%

Purchase Details

Closed on
Aug 26, 2009
Sold by
Degaetano Peter F
Bought by
Degunzburg Mary Mcfall
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Theo 45 E Dilido Trust $26,250,000 Ballaga Freedman & Atkins Llp
Korsant Justin Frederic $19,000,000 Ballaga Freedman & Atkins Llp
Sutcliffe Mark David $15,775,000 None Available
Horvitz Michael D $4,875,000 Premier Title Company Ltd
Degunzburg Mary Mcfall -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theo 45 E Dilido Trust $15,750,000
Previous Owner Korsant Justin Frederic $13,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $26,250,000 +66.4% $4,904 / Sq Ft
12/11/2020 12/11/20 Sold $15,775,000 -1.4% $2,919 / Sq Ft View Prior Sale
12/05/2020 12/05/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $15,995,000 +6.7% $2,959 / Sq Ft
10/30/2020 10/30/20 For Sale $14,995,000 +207.6% $2,774 / Sq Ft
07/22/2016 07/22/16 Sold $4,875,000 -9.7% $1,408 / Sq Ft View Prior Sale
05/25/2016 05/25/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $5,400,000 -- $1,559 / 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 $364,429 $19,291,029 $9,450,000 $9,841,029
2024 $372,988 $19,393,511 $9,450,000 $9,943,511
2023 $372,988 $19,738,271 $9,450,000 $10,288,271
2022 $319,078 $16,981,886 $7,140,000 $9,841,886
2021 $230,509 $11,938,438 $4,515,000 $7,423,438
2020 $75,212 $3,885,000 $3,885,000 $0
2019 $75,285 $3,885,000 $3,885,000 $0
2018 $67,131 $3,570,000 $3,570,000 $0
2017 $75,335 $3,956,035 $0 $0
2016 $58,684 $2,556,434 $0 $0
2015 $52,501 $2,324,031 $0 $0
2014 $47,264 $2,112,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Comp Sale

    Comp Only Sales

    (305) 468-7000

    8 in this area

    854 Total Sales

    Comp Sale
    Section Image
  • Dina Goldentayer

    Buyer's Agent in 2022

    Dina Goldentayer

    Douglas Elliman

    (305) 695-6300

    32 in this area

    223 Total Sales

    Dina Goldentayer
    Section Image

  • D

    Seller's Agent in 2020

    Darin Tansey

    Douglas Elliman

  • Julian Johnston

    Buyer's Agent in 2020

    Julian Johnston

    The Corcoran Group

    (305) 332-2346

    17 in this area

    212 Total Sales

    Julian Johnston
    Section Image
  • Nelson Gonzalez

    Seller's Agent in 2016

    Nelson Gonzalez

    BHHS EWM Realty

    (305) 674-4040

    7 in this area

    107 Total Sales

    Nelson Gonzalez
    Section Image

  • J

    Buyer's Agent in 2016

    John Lennon

    South Pointe Drive Realty Inc

    (305) 588-9188

    35 Total Sales

    John Lennon
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11229766

MIAMI REALTORS® MLS

APN: 02-3232-011-0020

Florida Miami/Dade County Miami Beach 33139

Venetian Islands

Not Listed for Sale

Detached

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