NOT LISTED FOR SALE

Estimated Value: $4,558,585 - $7,803,000

4 Beds
4 Baths
2,750 Sq Ft
$2,256/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $2,950,000 $1,073 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $39,084/month

132 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • No HOA
  • Dock Available
  • In Ground Pool
  • Concrete Block With Brick

About This Home

As of October 2016

Incredible and rare South facing corner point lot on guard gated Biscayne Point. Build your dream home and enjoy a water view from every room! 12,150 SQ FT lot with commanding wide bay vistas Islands. Existing home with appx. 3,000 SQ FT can be utilized but is in need of renovations.

Last Agent to Sell the Property

Jeff Morr

Douglas Elliman License #3161292 Listed on: 03/31/2016

Douglas Elliman

Last Buyer's Agent

Dora Puig

Luxe Living Realty License #3268462

Luxe Living Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,541

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned RS-3

Home Design

  • Concrete Block With Brick
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Bay Views

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Detached Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Dock Available

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Biscayne Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-001-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,541

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Biscayne Point
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Furnished: Unfurnished
  • Living Area: 2750
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Other

Exterior Features

  • Roof: Flat Tile
  • View: Bay
  • Exterior Features: Other
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Biscayne Point
  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Detached Carport, 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: 02-32-03-001-0010
  • Lot Size Sq Ft: 12150
  • Zoning: RS-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 19541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Oct 21, 2016
Sold by
Bowman Neil O and Bowman Gwen
Bought by
Point Bay Inc
Seller's Agent
Jeff Morr
Douglas Elliman
Buyer's Agent
Dora Puig
Luxe Living Realty
List Price
$3,950,000
Sold Price
$2,950,000
Premium/Discount to List
-$1,000,000
-25.32%
Current Estimated Value
$6,204,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,254,896
Avg. Annual Appreciation
8.40%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Point Bay Inc $2,950,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Neil O $267,867
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $2,950,000 -25.3% $1,073 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $3,950,000 -- $1,436 / 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 $72,304 $3,363,294 -- --
2024 $66,169 $3,057,540 -- --
2023 $66,169 $2,779,582 $0 $0
2022 $49,583 $2,526,893 $0 $0
2021 $44,776 $2,297,176 $0 $0
2020 $40,768 $2,088,342 $2,088,342 $0
2019 $40,469 $2,088,342 $2,088,342 $0
2018 $40,036 $2,088,342 $2,088,342 $0
2017 $46,353 $2,394,372 $0 $0
2016 $19,281 $996,578 $0 $0
2015 $19,541 $989,651 $0 $0
2014 $19,800 $981,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A10056903

MIAMI REALTORS® MLS

APN: 02-3203-001-0010