NOT LISTED FOR SALE

Estimated Value: $4,262,660 - $4,370,000

4 Beds
4 Baths
3,019 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $4,300,000 $1,424 Per Sq Ft

Current estimated payment $30,342/month

17 Days on Market

Highlights

  • 222 Feet of Waterfront
  • Dock has access to electricity
  • Boat Ramp
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Swim Spa

About This Home

As of November 2024

Discover timeless elegance intertwined with Florida's enchanting charm in this breathtaking Key West-style waterfront home, nestled within the secure gates of North Bay Island in North Bay Village. This remarkable residence invites you to bask in panoramic vistas of the expansive bay and the dazzling downtown Miami skyline, complemented by the awe-inspiring beauty of sunsets gliding across the waters. Constructed in 1940, this two-story jewel maintains its historical allure while offering modern comforts. The completely remodeled home boasts exquisite hardwood flooring throughout. It comprises four luxurious bedrooms, each with an en-suite bathroom.

Last Listed By

Maggie Walas

FORTUNE INTERNATIONAL REALTY Brokerage Phone: 305-695-6070 License #3267798 Listed on: 10/13/2024

FORTUNE INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,322

Year Built

  • Built in 1940

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 70x115
  • 222 Feet of Waterfront
  • 74 Feet of Bay Harbor Waterfront
  • 74 Feet of Ocean to Bay Waterfront
  • 74 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Property is zoned 0900

Parking

  • 1 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Florida Architecture
  • Key West Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,019 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Ceiling Fan
  • Awning
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Swim Spa
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Property is near a marina
  • Seawall
  • Boat Ramp
  • Dock has access to electricity
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox
  • Front Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • North Bay Island Subdivision
  • The community has rules related to deed restrictions

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,322

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Key West
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3019
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 3212
  • Lot Size Sq Ft: 8050
  • Directions to Property: From I-95 North take exit to NW 6th Ave, turn Right onto NW 79th St (JFK Causeway), turn Right into North Bay Island, past the guard gate and turn Right into Coquina Dr, turn Right into Bay Terrace and then Right into Miami View Dr.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Maitland
  • Escrow Postal Code: 32751
  • Escrow State: FL
  • Escrow Street Name: S Orlando Ave
  • Escrow Street Number: 931
  • List Office Head Office Key Nume: 539789176
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 1424.31
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Open,Dock w/Electric
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,Intracoastal Waterway,Private Boat Ramp,Water Access,Waterfront
  • Attribution Contact: 305-695-6070
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Above Ground, Heated, Swim Spa
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 7530
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 280.47
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Awning(s), Balcony, Irrigation System, Lighting, Outdoor Grill, Private Mailbox
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: BISCAYNE BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Boat Ramp - Private,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 222
  • Flood Zone Date: 2009-09-11
  • Flood Zone Panel: 12086C0306L
  • Water Frontage Feet Bay Harbor: 74
  • Water Frontage Feet ICW: 74
  • Water Frontage Feet Ocean 2 Bay: 74

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - Guard
  • Association: No
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 0900
  • Parcel Number: 23-3209-008-0340
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Flood Insurance Required, Landscaped, Near Marina
  • Lot Dimensions: 70x115
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 748

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 76321.63
  • Tax Block: 2
  • Tax Book Number: 40-59
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2024
Closed on
Nov 25, 2024
Sold by
Quandary Bay Llc
Bought by
Coleman Gary and Coleman Emily
Seller's Agent
Maggie Walas
FORTUNE INTERNATIONAL REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$4,986,000
Sold Price
$4,300,000
Premium/Discount to List
-$686,000
-13.76%
Total Days on Market
17
Views
103
Current Estimated Value
$4,304,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,915
Avg. Annual Appreciation
-1.44%
Original Mortgage
$3,010,000
Outstanding Balance
$3,004,833
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,269,104

Purchase Details

Listed on
Oct 13, 2024
Closed on
Nov 23, 2024
Sold by
Gallagher Susan T and Gallagher Thomas J
Bought by
Quandary Bay Llc
Seller's Agent
Maggie Walas
FORTUNE INTERNATIONAL REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$4,986,000
Sold Price
$4,300,000
Premium/Discount to List
-$686,000
-13.76%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,010,000
Outstanding Balance
$3,004,833
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,269,104

Purchase Details

Closed on
Sep 2, 2022
Sold by
Susan T Gallagher Revocable Trust
Bought by
Quandary Bay Llc

Purchase Details

Listed on
Sep 30, 2021
Closed on
Mar 28, 2022
Sold by
7530 Miami View Llc
Bought by
Susan T Gallagher Revocable Trust
Seller's Agent
Fabio Lopes
Coldwell Banker Realty
Buyer's Agent
Caroline Puren
Compass Florida, LLC.
List Price
$3,980,000
Sold Price
$3,980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%

Purchase Details

Listed on
Aug 23, 2017
Closed on
Mar 26, 2021
Sold by
1405 Daytonia Llc
Bought by
7530 Miami View Llc
Seller's Agent
Felise Eber
Coldwell Banker Realty
Buyer's Agent
Fabio Lopes
Coldwell Banker Realty
List Price
$2,550,000
Sold Price
$2,750,000
Premium/Discount to List
$200,000
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.20%

Purchase Details

Listed on
Sep 6, 2013
Closed on
Nov 25, 2013
Sold by
Mellado Jose and Cabrerizo Ania
Bought by
1405 Daytonia Llc
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
William Harbour
MMLS Assoc.-Inactive Member
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Jul 10, 2008
Sold by
Hamdan Saad
Bought by
Mellado Jose and Cabrerizo Ania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,112,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2004
Sold by
Franklin Jeanne and Franklin Dean
Bought by
Hamdan Saad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1993
Sold by
Franklin Dean H and Franklin Jeanne
Bought by
Franklin Jeanne

Range of Values:

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
Coleman Gary $4,300,000 Harbor Title
Coleman Gary $4,300,000 Harbor Title
Quandary Bay Llc -- Harbor Title
Quandary Bay Llc -- Harbor Title
Quandary Bay Llc -- --
Susan T Gallagher Revocable Trust $3,980,000 Great Eastern Title
7530 Miami View Llc $2,750,000 Attorney
1405 Daytonia Llc $1,700,000 Attorney
Mellado Jose $1,390,000 Attorney
Hamdan Saad -- Attorney
Hamdan Saad $900,000 --
Franklin Jeanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Gary $3,010,000
Closed Coleman Gary $3,010,000
Previous Owner 1405 Daytonia Llc $400,000
Previous Owner Mellado Jose $1,112,000
Previous Owner Franklin Jeanne $540,000
Previous Owner Hamdan Saad $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $4,300,000 -13.8% $1,424 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/13/2024 10/13/24 For Sale $4,986,000 +25.3% $1,652 / Sq Ft
03/28/2022 03/28/22 Sold $3,980,000 0.0% $1,318 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $3,980,000 +44.7% $1,318 / Sq Ft
03/26/2021 03/26/21 Sold $2,750,000 +7.8% $911 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $2,550,000 -7.3% $845 / Sq Ft
02/04/2021 02/04/21 Off Market $2,750,000 -- --
02/04/2021 02/04/21 For Sale $2,550,000 -7.3% $845 / Sq Ft
01/19/2021 01/19/21 Off Market $2,750,000 -- --
01/19/2021 01/19/21 For Sale $2,550,000 -7.3% $845 / Sq Ft
11/20/2020 11/20/20 Off Market $2,750,000 -- --
11/17/2020 11/17/20 For Sale $2,550,000 -7.3% $845 / Sq Ft
10/05/2020 10/05/20 Off Market $2,750,000 -- --
10/02/2020 10/02/20 For Sale $2,550,000 -7.3% $845 / Sq Ft
08/28/2020 08/28/20 Off Market $2,750,000 -- --
07/06/2020 07/06/20 For Sale $2,550,000 -7.3% $845 / Sq Ft
03/30/2020 03/30/20 Off Market $2,750,000 -- --
02/07/2020 02/07/20 For Sale $2,550,000 -7.3% $845 / Sq Ft
02/04/2020 02/04/20 Off Market $2,750,000 -- --
10/01/2019 10/01/19 Rented $5,900 0.0% --
09/27/2019 09/27/19 Under Contract -- -- --
09/06/2019 09/06/19 Price Changed $5,900 0.0% $2 / Sq Ft
05/30/2019 05/30/19 Price Changed $2,550,000 0.0% $845 / Sq Ft
11/05/2018 11/05/18 For Rent $8,000 0.0% --
01/05/2018 01/05/18 Price Changed $2,625,000 -5.9% $869 / Sq Ft
07/31/2017 07/31/17 For Sale $2,790,000 +64.1% $924 / Sq Ft
11/25/2013 11/25/13 Sold $1,700,000 -2.9% $628 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $1,750,000 -- $646 / Sq Ft
Source: Stellar 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 $76,322 $3,480,461 $2,736,775 $743,686
2023 $76,322 $3,368,182 $2,615,976 $752,206
2022 $53,106 $2,367,859 $1,811,314 $556,545
2021 $50,032 $2,145,662 $1,529,452 $616,210
2020 $45,458 $1,951,149 $1,328,121 $623,028
2019 $44,640 $1,957,967 $1,328,121 $629,846
2018 $43,979 $1,964,787 $1,328,121 $636,666
2017 $42,859 $1,828,029 $0 $0
2016 $39,611 $1,661,845 $0 $0
2015 $36,978 $1,510,769 $0 $0
2014 $33,146 $1,373,427 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in North Bay Village, FL

  • 7509 W Treasure Dr, North Bay Village, FL 33141

    $3,700,000

    • 3 Beds
    • 3 Baths
    • 1,538 Sq Ft
    • 7509 W Treasure Dr
    • North Bay Village, FL

    Rare Opportunity in North Bay Village! This prime property at 7509 W Treasure Dr is perfect for developers or investors seeking a ready-to-build project. It includes approved architectural plans for a modern Mediterranean-style home, allowing construction to begin immediately. Located in a sought-after island community with easy access to Miami Beach and Downtown, this 7,140 sq. ft. lot is

    Leidis Escobar Rodriguez Top Tier International Realty, LLC.

    Section Image
  • 7509 Buccaneer Ave, North Bay Village, FL 33141

    $4,890,000

    • 4 Beds
    • 4.5 Baths
    • 3,790 Sq Ft
    • 7509 Buccaneer Ave
    • North Bay Village, FL

    Welcome to the future most beautiful & modern home in North Bay Village. It will feature 4 bed/4.5 baths - 3,900 sq. ft. under air and 5,200 sq. ft. in total, on a 7200 square-foot lot with a pool, two car garage, 11-foot ceilings with a complete height from street level of 35 feet. Preconstruction purchase options are available. Enjoy this modern home with a large and spacious rooftop terrace

    Dan Maza Fortune Christie's International Real Estate

    Section Image

Source: Stellar MLS

MLS Number: O6248861

Stellar MLS

APN: 23-3209-008-0340