NOT LISTED FOR SALE

36 Star Island Dr Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $4,261,000 - $40,590,090

0.92 Acre
$19,121,047 Price per Acre
40,075 Sq Ft Lot

Last Sold March 28, 2012

Last sale price $8,500,000 $212 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $123,658/month

35 Days on Market

Highlights

  • Ocean Front
  • Bay View
  • 0.92 Acre Lot
  • South Pointe Elementary School Rated A-
  • Gated Community
  • No HOA

About This Lot

As of March 2012

Star Island is "home to the stars", an exclusive guarded island of bayfront on Miami Beach just minutes from Downtown Miami and world famous South Beach. This is a lot with 40,000 sf and 100ft of waterfront along Biscayne Bay. Best opportunity to build yo ur dream estate on Star Island.

Last Listed By

Tara Elias Schuchts

Douglas Elliman License #0594955 Listed on: 02/13/2012

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104,715

Lot Details

  • 0.92 Acre Lot
  • 100 Ft Wide Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 22/EST 2

Interior Spaces

  • 40,000 Sq Ft Home
  • Bay Views

Location

  • City Lot

Listing and Financial Details

  • Tax Lot Lot 36
  • Assessor Parcel Number 02-42-04-001-0300

Community Details

Overview

  • No Home Owners Association
  • Star Island Condos
  • Star Island Subdivision

Security

  • Gated Community

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$104,715

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 0.92
  • New Construction: No
  • Road Frontage Type: Paved Road, Private Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: STAR ISLAND
  • Special Features: None

Exterior Features

  • View: Bay View
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: City Location, Near Seaport, 3/4 To Less Than 1 Acre Lot, Fenced
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: STAR ISLAND

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Lot Info

  • Parcel Number: 02-42-04-001-0300
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 40000
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 104715
  • Tax Lot: Lot 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 20, 2012
Sold by
Rex Ii Llc
Bought by
36 Star Island Holdings Llc
Seller's Agent
Tara Elias Schuchts
Douglas Elliman
Buyer's Agent
David Hasbun
Affinity International Realty
List Price
$10,500,000
Sold Price
$8,500,000
Premium/Discount to List
-$2,000,000
-19.05%
Total Days on Market
35
Current Estimated Value
$17,591,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,091,363
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Bilzin Brian L
Bought by
Rex Ii Llc

Purchase Details

Closed on
Jun 13, 2005
Sold by
Levine Philip
Bought by
Bilzin Brian L

Purchase Details

Closed on
Sep 23, 1998
Sold by
Leon Schigiel Tr
Bought by
Levine Philip

Purchase Details

Closed on
Jul 20, 1998
Sold by
35 Star Island Inc
Bought by
The Leon Schigiel Trust

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
36 Star Island Holdings Llc $8,500,000 Rapid Title Services Co
Rex Ii Llc $12,250,000 Attorney
Bilzin Brian L $7,301,300 --
Levine Philip $2,100,000 --
The Leon Schigiel Trust $1,600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $8,500,000 -19.0% $213 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $10,500,000 -- $263 / 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
2024 $307,937 $14,929,301 -- --
2023 $307,937 $13,572,092 $0 $0
2022 $270,952 $12,338,266 $0 $0
2021 $224,872 $11,216,606 $11,200,000 $16,606
2020 $209,678 $10,416,796 $10,400,000 $16,796
2019 $221,506 $11,016,986 $11,000,000 $16,986
2018 $215,183 $11,017,176 $11,000,000 $17,176
2017 $208,381 $10,128,103 $0 $0
2016 $197,413 $9,207,367 $0 $0
2015 $179,564 $8,370,334 $0 $0
2014 $156,320 $7,609,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tara Elias Schuchts

    Douglas Elliman

    (305) 695-6300

    9 Total Sales

    Tara Elias Schuchts
    Section Image
  • Jill Eber

    Seller Co-Listing Agent in 2012

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    9 in this area

    147 Total Sales

    Jill Eber
    Section Image

  • D

    Buyer's Agent in 2012

    David Hasbun

    Affinity International Realty

    (305) 767-7114

    4 Total Sales

    David Hasbun
    Section Image
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Map

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Source: MIAMI REALTORS® MLS

MLS Number: A1605104

MIAMI REALTORS® MLS

APN: 02-4204-001-0300

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

36 Star Island Dr, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 36 Star Island Dr, Miami Beach, FL 33139 since 13 February 2012 and is currently estimated at $17,591,363, approximately $439 per square foot. 36 Star Island Dr is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

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.