NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,337,000

4 Beds
2 Baths
1,630 Sq Ft
$773/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $875,000 $537 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,643/month

63 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Two Primary Bathrooms
  • Cooling System Mounted To A Wall/Window
  • Garage Apartment
  • No HOA
  • Views

About This Home

As of November 2022

House For Sale. RM-1 Zoning with FAR of 1.25 x 6250 s.f. = 7,812 s.f. BUILDABLE. You may keep the current house, build a dream large Single Family up to 5 stories or a building with 2 to 6 units, with architectural plans, for 6 units (3 X 3 bdrs + 3 X 2 bdrs). The price is $114. per buildable s.f. that is just about the lowest price in Miami Beach. See the pictures for renderings of potential developments Amazing location on Normandy Drive, close to a bus stop, trolley, park, pool, and a few minutes to the beach. The house and the studio are in good condition and are currently rented for $4500 a month until 7-22-2023. The main house is a 3/1, and there is an attached 0/1 apartment. There is a large backyard. Also Listed in Residential Land.

Last Agent to Sell the Property

Roger Charland

London Foster Realty License #3156432 Listed on: 09/02/2022

London Foster Realty

Last Buyer's Agent

Omar Garban

Douglas Elliman License #3046524

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,935

Year Built

  • Built in 1940

Lot Details

  • 6,250 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned RM-1

Parking

  • 1 Car Garage
  • Garage Apartment
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Gas Range
  • Washer and Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Shower Only

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • Treasure Island Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Isle Of Normandy Miami VI Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-011-0290

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,935

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: From Collins Ave, go West on 71st S, it becomes Normandy Dr. From Miami, go East on 79th St, go thru North Bay Village, cross the bridge to Miami Beach, left on Granville and left on Normandy Dr. and it will be the 2nd house on the right.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: ISLE OF NORMANDY MIAMI VI
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Garage Apartment
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1630
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Garage Apartment
  • Master Bathroom Features: 2 Master Bathrooms, Shower Only

Exterior Features

  • Roof: Barrel Roof
  • View: Other
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ISLE OF NORMANDY MIAMI VI
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Treasure Island
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-10-011-0290
  • Lot Size Sq Ft: 6250
  • Zoning: RM-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9935

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 17, 2022
Sold by
Elfeki Ahmed
Bought by
Arviv Group Llc
Seller's Agent
Roger Charland
London Foster Realty
Buyer's Agent
Omar Garban
Douglas Elliman
List Price
$875,000
Sold Price
$875,000
Views
66
Current Estimated Value
$1,259,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,381
Avg. Annual Appreciation
13.14%
Original Mortgage
$656,250
Outstanding Balance
$635,145
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$624,236

Purchase Details

Closed on
Jan 31, 2018
Sold by
1915 Normandy Llc
Bought by
Elfeki Ahmed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jun 20, 2017
Sold by
Rodriguez Kyrah Nereida
Bought by
1915 Normandy Llc
Seller's Agent
Monica Steinmuller
Coldwell Banker Realty
Buyer's Agent
Roger Charland
London Foster Realty
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jun 13, 2017
Sold by
Arango Luis Miguel
Bought by
Rodriguez Kyrah Nereida
Seller's Agent
Monica Steinmuller
Coldwell Banker Realty
Buyer's Agent
Roger Charland
London Foster Realty
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Shames Moises
Bought by
Arango Luis M and Rodriguez Kyrah N

Purchase Details

Closed on
Oct 21, 1999
Sold by
Sipajlo Jiri
Bought by
Shames Moises
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
Arviv Group Llc $875,000 Clear Title Group
Elfeki Ahmed -- Attorney
1915 Normandy Llc $425,000 Certified Escrow And Title C
Rodriguez Kyrah Nereida -- Certified Title
Arango Luis M $125,000 --
Shames Moises $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arviv Group Llc $656,250
Previous Owner Elfeki Ahmed $337,500
Previous Owner Shames Moises $150,547
Previous Owner Shames Moises $150,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $875,000 0.0% $537 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $875,000 0.0% $537 / Sq Ft
05/02/2021 05/02/21 For Rent $3,200 0.0% --
05/01/2021 05/01/21 Rented $3,200 0.0% --
03/29/2021 03/29/21 Off Market $3,200 -- --
03/29/2021 03/29/21 Under Contract -- -- --
12/21/2020 12/21/20 For Rent $3,200 0.0% --
06/30/2017 06/30/17 Sold $425,000 -9.4% $261 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
02/09/2017 02/09/17 Price Changed $469,000 -5.3% $288 / Sq Ft
01/18/2017 01/18/17 For Sale $495,000 -- $304 / 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 $12,458 $664,612 $625,000 $39,612
2024 $12,528 $662,946 $625,000 $37,946
2023 $12,528 $662,947 $625,000 $37,947
2022 $10,241 $498,285 $0 $0
2021 $9,935 $452,987 $0 $0
2020 $9,786 $560,072 $531,250 $28,822
2019 $10,248 $528,833 $500,000 $28,833
2018 $6,793 $466,344 $437,500 $28,844
2017 $1,793 $134,982 $0 $0
2016 $1,780 $132,206 $0 $0
2015 $1,801 $131,287 $0 $0
2014 $1,830 $130,246 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11267185

MIAMI REALTORS® MLS

APN: 02-3210-011-0290