NOT LISTED FOR SALE

Estimated Value: $5,675,000 - $7,368,767

6 Beds
5.5 Baths
3,735 Sq Ft
$1,756/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $7,200,000 $1,928 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $38,477/month

65 Days on Market

Highlights

  • New Construction
  • Concrete Pool
  • Marble Flooring
  • Coconut Grove Elementary School Rated A
  • Roman Tub
  • Pool View

About This Home

As of January 2024

This spectacular new construction home in prestigious Bay Heights, just completed in October 2023. Situated on a quiet street, The home boasts 6 beds & 5.5 baths, providing ample space for a large family or guests. The centerpiece of the house is the massive open kitchen, equipped with top-of-the-line appliances, ensuring a delightful cooking experience. For wine enthusiasts, a dedicated wine room is incorporated into the design. Two-car garage for convenient parking. Entertainment options abound in this property, as the enormous, covered terrace is appointed with a fully loaded summer kitchen, also includes a heated salt-water pool, jacuzzi, surrounded by lush greenery, adding a touch of natural serenity and privacy to the outdoor oasis.

Last Listed By

Carlos Oliveros

Miami One Real Estate, LLC License #3032491 Listed on: 11/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,243

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,901 Sq Ft Lot
  • Northwest Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Pool Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Flooring

  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Studio bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Concrete Pool
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-006-0800

Community Details

Overview

  • No Home Owners Association
  • Other Membership Included
  • Bay Heights Subdivision

Recreation

  • Community Spa

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,243

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: MNRT01
  • Co List Office Phone: 954-990-3150
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY HEIGHTS
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Fire Sprinklers, Other, Pantry, Roman Tub, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble, Parquet
  • Furnished: Unfurnished
  • Possible Use: Primary
  • Spa Features: Community
  • Bedroom Features: Other, Studio
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Pool
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Direction Faces: Northwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Concrete
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY HEIGHTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Membership Included, Security Patrol, Spa/Hot Tub

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-14-006-0800
  • Lot Size Sq Ft: 9901
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 19243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jan 11, 2024
Sold by
46 Bh Llc
Bought by
Kasbar Michael and Kasbar Mary
Seller's Agent
Carlos Oliveros
Miami One Real Estate, LLC
Buyer's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
List Price
$7,675,000
Sold Price
$7,200,000
Premium/Discount to List
-$475,000
-6.19%
Total Days on Market
65
Views
136
Current Estimated Value
$6,559,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$640,558
Avg. Annual Appreciation
-10.66%

Purchase Details

Listed on
Aug 11, 2020
Closed on
Apr 13, 2021
Sold by
New Day Miami Llc
Bought by
46 Bh Llc
Seller's Agent
Jenifer Longa
Berkshire Hathaway HomeServices Florida Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.02%

Purchase Details

Closed on
Feb 23, 2017
Sold by
Desmond Joseph J
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Aug 25, 1998
Sold by
Cole Edwin H
Bought by
Desmond Joseph J and Desmond Kary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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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
Kasbar Michael $7,200,000 None Listed On Document
46 Bh Llc $1,100,000 Cnergy Title And Escrow Llc
Wells Fargo Bank $860,100 None Available
Desmond Joseph J $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desmond Joseph J $402,500
Previous Owner Desmond Joseph J $92,000
Previous Owner Desmond Joseph J $307,067
Previous Owner Desmond Joseph J $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $7,200,000 -6.2% $1,928 / Sq Ft
11/06/2023 11/06/23 For Sale $7,675,000 +597.7% $2,055 / Sq Ft
04/14/2021 04/14/21 Sold $1,100,000 -4.3% $295 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,150,000 -- $308 / 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 $23,226 $3,384,046 -- --
2023 $23,226 $882,179 $0 $0
2022 $19,243 $801,981 $801,981 $0
2021 $14,869 $584,159 $584,159 $0
2020 $16,134 $642,179 $642,179 $0
2019 $16,041 $642,179 $642,179 $0
2018 $17,997 $729,704 $729,704 $0
2017 $21,897 $923,284 $0 $0
2016 $8,566 $349,905 $0 $0
2015 $8,646 $347,473 $0 $0
2014 $8,685 $344,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11481658

MIAMI REALTORS® MLS

APN: 01-4114-006-0800