NOT LISTED FOR SALE

Miami Beach, FL 33109

Estimated Value: $8,200,000 - $13,414,353

4 Beds
6 Baths
6,170 Sq Ft
$1,907/mo HOA Fee

Last Sold March 28, 2012

Last sale price $6,462,500 $1,047 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $67,116/month

307 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Golf Course Community
  • South Pointe Elementary School Rated 9+
  • Dock Available
  • 1-minute walk to South Pointe Park

About This Home

As of March 2012

JUST REDUCED LOWER PENTHOUSE VILLA DEL MARE! FABULOUS 6170 SQ. FT. ON OPEN OCEAN AND GOVERNMENT CUT - MAGNIFICENT PANORAMA OF OCEAN, SOUTH POINT PARK, MIAMI BEACH MARINA...AS CRUISE SHIPS GLIDE MAJESTICALLY BY. GORGEOUS VIEWS BOTH DAY AND NIGHT. MASTER SU ITE FEATURES HIS/HERS BATHS, GYM WITH SAUNA AND INDOOR & OUTDOOR JACUZZI. HIGH CEILINGS, GORGEOUS OCEANFRONT FORMAL DINING ROOM, TOP OF THE LINE IMPACT RESISTANT DOORS AND WINDOWS INSTALLED THROUGHOUT. DON'T MISS THIS ONCE IN A LIFETIME OPPORTUNITY!

Last Agent to Sell the Property

Denise Levine

Denise LeVine Realty, Inc. License #0172511 Listed on: 04/26/2011

Last Buyer's Agent

Mary Ann Portell

Portell International License #0371392

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $103,131

Year Built

  • Built in 1992

Lot Details

  • Ocean Front
  • End Unit
  • Northeast Facing Home

HOA Fees

  • $1,907 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Golf Cart Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,170 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Formal Dining Room
  • Direct Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • No Fixed Bridges
  • Dock Available
  • Balcony
  • Exterior Lighting

Location

  • East of U.S. Route 1

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-011-0150

Community Details

Overview

  • 37 Units
  • Club Membership Available
  • Mid-Rise Condominium
  • Villa Del Mare Condos
  • Fisher Island Subdivision
  • Property has 1 Level

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Bar or Lounge

Recreation

  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Community Playground
  • Community Pool
  • Community Spa
  • Putting Green
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $3,996

Security

  • Private Guards
  • Security Service
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$103,131

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,907 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: MACARTHUR CAUSEWAY TO FISHER ISLAND FERRY TERMINAL. SECURITY CLEARANCE NEEDED FOR ACCESS TO ISLAND.
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Dock Available
  • Unit Levels: 1
  • Master Model: G
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Fisher Island
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 6462500
  • InternetRemarks: Spectacular Lower Penthouse in Villa Del Mare - Over 6100 Square Feet Interior with Multiple Terraces and Views of Ocean, Cut, Miami Beach Waterway.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 6170
  • Stories: 9
  • Window Features: Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom, Other
  • Dining Room Features: Breakfast Area, Formal Dining, Other
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Direct Ocean, Other View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Villa del Mare
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Golf Cart Parking

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 5722
  • Amenities: Bar, Bike/Jog Path, Billiard Room, Clubhouse-Clubroom, Golf Equity Available, Golf Course Com, Exterior Lighting, Marina, Other Membership Available, Child Play Area, Private Pool, Putting Green, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-10-011-0150

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 103131

Multi Family

  • Maintenance Expense: 3996
  • Number Of Units In Community: 37
  • Number Of Units Total: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2011
Closed on
Mar 28, 2012
Sold by
Nsfl Inc
Bought by
Nehmen Joseph and Nehmen Susan
Seller's Agent
Denise Levine
Denise LeVine Realty, Inc.
Buyer's Agent
Mary Ann Portell
Portell International
List Price
$6,462,500
Sold Price
$6,462,500
Current Estimated Value
$10,695,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,233,284
Avg. Annual Appreciation
3.73%

Purchase Details

Listed on
Apr 26, 2011
Closed on
Mar 15, 2012
Sold by
North Star Seaside Inc
Bought by
Nsfl Inc
Seller's Agent
Denise Levine
Denise LeVine Realty, Inc.
Buyer's Agent
Mary Ann Portell
Portell International
List Price
$6,462,500
Sold Price
$6,462,500

Purchase Details

Closed on
Dec 20, 2007
Sold by
The North Star Offshore Ltd
Bought by
North Star Seaside Inc

Purchase Details

Closed on
Oct 6, 1998
Sold by
William and Rollnick Nancy
Bought by
The North Star Offshore Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1996
Sold by
Island Developers Ltd
Bought by
Rollnick William and Rollnick Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Nehmen Joseph $5,900,000 Attorney
Nsfl Inc -- Attorney
North Star Seaside Inc -- Attorney
The North Star Offshore Ltd $3,900,000 --
Rollnick William $3,128,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rollnick William $2,200,000
Previous Owner Rollnick William $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2012 03/28/12 Sold $6,462,500 0.0% $1,047 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
04/26/2011 04/26/11 For Sale $6,462,500 -- $1,047 / 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 $110,026 $6,067,344 -- --
2024 $107,399 $5,896,350 -- --
2023 $107,399 $5,724,612 $0 $0
2022 $103,654 $5,557,876 $0 $0
2021 $103,396 $5,395,997 $0 $0
2020 $102,232 $5,321,497 $0 $0
2019 $100,014 $5,201,855 $0 $0
2018 $95,221 $5,104,863 $0 $0
2017 $94,435 $4,999,866 $0 $0
2016 $94,334 $4,897,029 $0 $0
2015 $95,547 $4,862,989 $0 $0
2014 $106,484 $5,281,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Levine

    Seller's Agent in 2012

    Denise Levine

    Denise LeVine Realty, Inc.

    (305) 448-2201

    8 in this area

    8 Total Sales

    Denise Levine
    Section Image

  • M

    Buyer's Agent in 2012

    Mary Ann Portell

    Portell International

    (305) 710-5188

    Mary Ann Portell
    Section Image
See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: M1499038

MIAMI REALTORS® MLS

APN: 02-4210-011-0150

Florida Miami/Dade County Miami Beach

33109

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes