Seller's Agent in 2024
Billy Hernandez
Douglas Elliman
(305) 910-7644
15 in this area
140 Total Sales
Biscayne Beach Residences 2900 NE 7th Ave Unit 5101 Miami, FL 33137
Edgewater NeighborhoodEstimated Value: $8,093,072
5
Beds
8
Baths
7,878
Sq Ft
$9,427/mo
HOA Fee
Highlights
- Valet Parking
- Community Cabanas
- Private Beach Pavilion
- Ocean View
- Property Fronts a Bay or Harbor
- Fitness Center
About This Home
As of October 2024A true penthouse in every sense with 15ft ceilings, a private rooftop pool and nearly 8,000sf interior, and over 2,000sf exterior space. This exquisite residence features 5 bedrooms, 5 bathrooms, 3 powder rooms, outdoor kitchen, 1,000sf primary suite, second-floor club room with junior master suite, wine room, and 6 parking spaces. The grand living room’s scale is awe-inspiring. Enjoy breathtaking water, island, and city views, with sunrise and sunset vistas from every angle. Biscayne Beach luxury amenities include: zero-entry pool, cabanas, upper-level pool with club and party rooms, two tennis courts, fitness center, spa, concierge, valet, and more, all centrally located within minutes to Design District/Wynwood/Brickell/South Beach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $103,154
Year Built
- Built in 2017
HOA Fees
- $9,427 Monthly HOA Fees
Parking
- 6 Car Garage
Property Views
Home Design
- Penthouse
- Concrete Block And Stucco Construction
Interior Spaces
- 7,878 Sq Ft Home
- Furniture for Sale
- Vaulted Ceiling
- Entrance Foyer
- Ceramic Tile Flooring
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-32-30-094-0480
Community Details
Overview
- High-Rise Condominium
- Biscayne Beach Condos
- Biscayne Beach Condo Subdivision
- 51-Story Property
Amenities
- Valet Parking
- Business Center
- Secure Lobby
Recreation
- Private Beach Pavilion
- Community Playground
- Community Spa
- Fishing
Pet Policy
- Breed Restrictions
Security
- Security Service
- Secure Elevator
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2024
Closed on
Oct 15, 2024
Sold by
Minerd Byron Scott
Bought by
Sussman Ari B and Sussman Laurel
Seller's Agent
Billy Hernandez
Douglas Elliman
Buyer's Agent
Daniel Hertzberg
Coldwell Banker Realty
List Price
$8,750,000
Sold Price
$8,250,000
Premium/Discount to List
-$500,000
-5.71%
Total Days on Market
42
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,928
Avg. Annual Appreciation
0.31%
Purchase Details
Listed on
Jan 29, 2020
Closed on
Apr 7, 2021
Sold by
Biscaync Miami Partners Llc
Bought by
Minerd B Scott
Seller's Agent
Billy Hernandez
Douglas Elliman
Buyer's Agent
Billy Hernandez
Douglas Elliman
List Price
$7,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,500,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sussman Ari B | $8,250,000 | None Listed On Document | |
| Minerd B Scott | $12,500,000 | Title Matters Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mendez Minerd B | $6,875,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $8,250,000 | -5.7% | $1,047 / Sq Ft |
| 07/28/2024 07/28/24 | For Sale | $8,750,000 | 0.0% | $1,111 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $8,750,000 | +45.8% | $1,111 / Sq Ft |
| 04/08/2021 04/08/21 | Sold | $6,000,000 | -13.0% | $563 / Sq Ft |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- |
| 10/30/2020 10/30/20 | Price Changed | $6,900,000 | -8.0% | $647 / Sq Ft |
| 01/29/2020 01/29/20 | For Sale | $7,500,000 | -- | $703 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $107,452 | $5,227,200 | -- | -- |
| 2023 | $107,452 | $5,227,200 | $0 | $0 |
| 2022 | $97,963 | $4,752,000 | $0 | $0 |
| 2021 | $100,964 | $4,752,000 | $0 | $0 |
| 2020 | $101,209 | $4,752,000 | $0 | $0 |
| 2019 | $112,709 | $5,280,000 | $0 | $0 |
| 2018 | $110,592 | $5,280,000 | $0 | $0 |
| 2017 | $5,807 | $236,344 | $0 | $0 |
| 2016 | $5,376 | $214,859 | $0 | $0 |
| 2015 | $4,343 | $195,327 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Billy Hernandez
-
Daniel Hertzberg
Buyer's Agent in 2024
Daniel Hertzberg
Coldwell Banker Realty
(305) 341-7489
1 in this area
141 Total Sales
-
Bryan Sereny
Seller Co-Listing Agent in 2021
Bryan Sereny
Douglas Elliman
(305) 695-6300
13 in this area
136 Total Sales
About Biscayne Beach Residences
Map
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11563393
APN: 01-3230-094-0480
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