NOT LISTED FOR SALE

Estimated Value: $4,214,000 - $45,324,666

5 Beds
4 Baths
161 Sq Ft
$119,716/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $10,000,000 $62,112 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $125,468/month

Highlights

  • Direct Ocean View
  • Property has ocean access
  • 23,361 Sq Ft lot
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Probus Park

About This Home

As of December 2020

Unique opportunity to build a dream home on guard gated Sunset Island 4. This 23,361 Sq. Ft. with 147 ft of waterfrontage facing Sunset Lake comes with plans by renowned Miami architect, Cesar Molina. Build your dream private sanctuary up-to ~11,500 Sq. Ft. in a quiet North East corner lot, located within walking distance of Sunset Harbour, Miami Beach’s most interesting urban neighborhood, featuring restaurants, shopping, and nightlife.

Last Listed By

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 12/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,233

Year Built

  • Built in 2000

Lot Details

  • 0.54 Acre Lot
  • 147 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 0800

Home Design

  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 161 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Sun or Florida Room
  • Concrete Flooring
  • Direct Ocean Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Circular Driveway
  • Open Parking

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Club Membership Available
  • Sunset Lake Extension Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-010-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,233

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Phone: 305-695-6300
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET LAKE EXTENSION
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: First Floor Entry, Built-in Features, Florida Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 161
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Aluminum
  • View: Ocean, Direct Ocean
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SUNSET LAKE EXTENSION
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular 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: Other Membership Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-27-010-0200
  • Lot Size Sq Ft: 23361
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 20233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
2135 Lake Llc
Bought by
Alexander Oren
Total Days on Market
0
Current Estimated Value
$19,274,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Outstanding Balance
$8,399,993
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$10,532,212

Purchase Details

Listed on
Dec 23, 2020
Closed on
Dec 29, 2020
Sold by
Rosefielde Alan P
Bought by
2135 Lake Llc
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$10,000,000
Sold Price
$10,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%
Original Mortgage
$7,952,877
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Alexander Oren -- Attorney
2135 Lake Llc $10,000,000 Clear Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Oren $9,000,000
Previous Owner 2135 Lake Llc $7,952,877
Previous Owner Rosefielde Alan P $1,000,000
Previous Owner Rosefielde Alan P $596,000
Previous Owner Rosefielde Alan P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $10,000,000 0.0% $62,112 / Sq Ft
12/23/2020 12/23/20 For Sale $10,000,000 0.0% $62,112 / Sq Ft
02/01/2019 02/01/19 Rented $115,000 +820.0% --
01/24/2019 01/24/19 Under Contract -- -- --
01/14/2019 01/14/19 Price Changed $12,500 -16.7% $2 / Sq Ft
11/14/2018 11/14/18 For Rent $15,000 0.0% --
12/08/2017 12/08/17 Rented $15,000 -20.6% --
02/21/2017 02/21/17 Price Changed $18,900 -24.4% $4 / Sq Ft
06/23/2016 06/23/16 For Rent $25,000 -- --
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
2024 $214,696 $10,045,662 $16,352,700 $2,200
2023 $214,696 $9,132,420 $0 $0
2022 $199,154 $10,599,347 $9,811,620 $787,727
2021 $147,567 $7,642,772 $7,057,358 $585,414
2020 $135,465 $7,038,114 $6,541,080 $497,034
2019 $21,268 $1,138,301 $0 $0
2018 $20,234 $1,117,077 $0 $0
2017 $20,058 $1,094,101 $0 $0
2016 $20,027 $1,071,598 $0 $0
2015 $20,283 $1,064,149 $0 $0
2014 $20,633 $1,055,704 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10974918

MIAMI REALTORS® MLS

APN: 02-3227-010-0200