NOT LISTED FOR SALE

North Bay Village, FL 33141

North Bay Island Neighborhood

Estimated Value: $2,376,000 - $4,989,000

3 Beds
2.5 Baths
2,711 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $1,375,000 $507 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $19,058/month

187 Days on Market

Highlights

  • Private Dock
  • Gated Community
  • Den
  • Property Fronts a Bay or Harbor
  • Vaulted Ceiling
  • Converted Garage

About This Home

As of August 2014

7511 Beachview Dr. - Immaculate, on guard-gated N. Bay Island, 80' of waterfront with superb wide waterviews. High ceilings, quality restored terrazzo flooring, renovated kitchen w/st steel appliances, gas cooking; 3-BD, 2.5 BA plus office, (3rd BR a conv ertible workrm). 80' restored seawall, approx. 50' dock. Stunning wide East and SE views from most rooms. Semi-circle drvwy w/ carport. Fantastic living and entertaining space. Quiet oasis, well-distanced from cswy. 2,814 adj. sq. ft. per lic. appraiser.

Last Agent to Sell the Property

Peter Chadwick

MMLS Assoc.-Inactive Member License #3012864 Listed on: 12/06/2013

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Peter Chadwick

MMLS Assoc.-Inactive Member License #3012864 Listed on: 12/06/2013

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,201

Year Built

  • Built in 1948 | Under Construction

Lot Details

  • 9,200 Sq Ft Lot
  • 80 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 90/AGRIC

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Den
  • Terrazzo Flooring
  • Bay Views
  • Dryer

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Detached Carport Spaces
  • Converted Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Private Dock

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23-32-09-008-0110

Community Details

Overview

  • Property has a Home Owners Association
  • North Bay Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,201

Year Built

Built in 1948 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Carport Y N: Yes
  • Directions: I-95 OR BISCAYNE BLVD TO 79TH ST, GO EAST TO N. BAY ISLAND ON SOUTH SIDE. OR, ALTON RD. TO 71ST ST, GO WEST TO N. BAY ISLAND ON S. SIDE.
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NORTH BAY ISLAND
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Volume Ceilings, Den/Library/Office, Garage Converted
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Garage Converted

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NORTH BAY ISLAND
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Covered, 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: Yes
  • Community Features: Gated Community, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 23-32-09-008-0110
  • Lot Size Sq Ft: 9200
  • Zoning: 90/AGRIC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 10201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Aug 15, 2014
Sold by
Merriman Klein and Merriman Melanie P
Bought by
Perilli Sarah
Seller's Agent
Peter Chadwick
MMLS Assoc.-Inactive Member
Buyer's Agent
Peter Chadwick
MMLS Assoc.-Inactive Member
List Price
$1,694,500
Sold Price
$1,375,000
Premium/Discount to List
-$319,500
-18.86%
Current Estimated Value
$3,191,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816,625
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,031,250
Outstanding Balance
$775,609
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,658,901

Purchase Details

Closed on
May 14, 1997
Sold by
James B O'Neil Jr Co & P R and Karen Roby Co & P R
Bought by
Merriman Klein and Merriman Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perilli Sarah $1,375,000 Attorney
Merriman Klein $100 --
Merriman Klein $308,000 --
O'Neil James B $100 --
Merriman Klein $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perilli Sarah $1,031,250
Previous Owner Merriman Klein $276,500
Previous Owner Merriman Klein $275,000
Previous Owner Merriman Klein $246,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $1,375,000 -9.8% $507 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/24/2014 05/24/14 Price Changed $1,525,000 -3.2% $563 / Sq Ft
03/01/2014 03/01/14 Price Changed $1,575,000 -4.5% $581 / Sq Ft
12/06/2013 12/06/13 Price Changed $1,649,500 -2.7% $608 / Sq Ft
12/06/2013 12/06/13 For Sale $1,694,500 -- $625 / 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 $28,239 $1,268,116 -- --
2024 $27,477 $1,232,378 -- --
2023 $27,477 $1,196,484 $0 $0
2022 $26,036 $1,161,635 $0 $0
2021 $26,188 $1,127,801 $0 $0
2020 $25,733 $1,112,230 $0 $0
2019 $24,659 $1,087,224 $0 $0
2018 $23,785 $1,066,952 $0 $0
2017 $23,827 $1,045,007 $0 $0
2016 $22,665 $1,023,514 $0 $0
2015 $23,450 $1,016,400 $0 $0
2014 $10,722 $442,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Peter Chadwick

    MMLS Assoc.-Inactive Member

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Source: MIAMI REALTORS® MLS

MLS Number: A1878063

MIAMI REALTORS® MLS

APN: 23-3209-008-0110

Florida Miami/Dade County North Bay Village 33141

North Bay Island

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