NOT LISTED FOR SALE

Estimated Value: $5,694,000 - $37,636,140

5 Beds
5.5 Baths
7,938 Sq Ft
$2,729/Sq Ft Est. Value

Last Sold December 26, 2012

Last sale price $11,500,000 $1,449 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $128,544/month

52 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Key Biscayne K-8 Center Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of December 2012

Absolutely stunning and"one of a Kind"..this magnificent 2 story estate offers breathtaking views of Biscayne Bay with a private white sandy beach, an amazing gazebo and a deep water dock with davits.This home is beautiful with perfect defined spaces and elegance.Living,dining,gourmet kitchen,huge family room,office,den,wine cellar,4 bedrooms+staff quarter's,double garage and the most spectacular pool & patio which are perfect for entertaining.With approx 8,000Sq.Ft.of A/C and over 31,000 Sq.Ft.of land.

Last Agent to Sell the Property

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 10/11/2012

One Sotheby's International Realty

Co-Listed By

Jorge Boj

One Sotheby's International Realty License #3016066

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 10/11/2012

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,918

Year Built

  • Built in 1981

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 125x252
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • East Facing Home
  • Property is zoned 1 /S FM

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,938 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Matheson Est Pb 46 86 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-002-0261

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,918

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: ON HARBOR DRIVE HEADING SOUTH TURN RIGHT TO MATHESON DRIVE,CONTINUE TO THE END THEN TURN LEFT ON HARBOR POINT. HOUSE ON RIGHT.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock
  • Lot Size: 125x252
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MATHESON EST PB 46-86
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Tile, Wood
  • Furnished: Unfurnished, Furnished
  • Living Area: 7938
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Primary Bedroom Upstairs, At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Bidet

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Cul-De-Sac
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: MATHESON EST PB 46-86
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-42-32-002-0261
  • Lot Size Sq Ft: 31625
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 86918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2012
Closed on
Dec 17, 2012
Sold by
Sagon Nancy
Bought by
Henriquez Raul and Henriquez Roxana
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$14,900,000
Sold Price
$11,500,000
Premium/Discount to List
-$3,400,000
-22.82%
Current Estimated Value
$21,665,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,165,070
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
May 12, 2004
Sold by
Hayim Stuart M and Hayim Terry
Bought by
The Stuart Hayim Qualified Personal Resi

Purchase Details

Closed on
Jan 14, 2004
Sold by
Hayim Stuart
Bought by
Hayim Stuart M

Purchase Details

Closed on
May 14, 2003
Sold by
Obrein Louise
Bought by
Hayim Stuart M

Purchase Details

Closed on
Jul 23, 1999
Sold by
Menotte Deborah C
Bought by
O'Brien Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.51%
Mortgage Type
New Conventional
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
Henriquez Raul $11,500,000 Attorney
The Stuart Hayim Qualified Personal Resi -- --
Hayim Stuart M -- --
Hayim Stuart M $50,000 --
O'Brien Louise $2,975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O'Brien Louise $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Sold $11,500,000 -22.8% $1,449 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $14,900,000 -- $1,877 / 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 $164,163 $10,667,061 -- --
2024 $179,517 $10,366,435 -- --
2023 $179,517 $11,170,782 $0 $0
2022 $172,825 $10,845,420 $0 $0
2021 $173,681 $10,529,534 $0 $0
2020 $170,798 $10,384,156 $0 $0
2019 $167,359 $10,150,691 $0 $0
2018 $158,904 $9,961,424 $0 $0
2017 $156,976 $9,756,537 $0 $0
2016 $157,368 $9,555,864 $0 $0
2015 $155,458 $9,237,438 $0 $0
2014 $237,446 $9,164,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1699793

MIAMI REALTORS® MLS

APN: 24-4232-002-0261