by RH Advisors

See Home Value
$2,495,000
House - Off Market

1033 W 47th St

Miami Beach, FL 33140
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2977 Sqft
$14,493
Estimated Monthly
$0
HOA / Fees
7.82%
Cap Rate

About This Property

This tastefully updated 5 Beds, 4 baths home is just waiting for you to give the final instruction to the general contractor and make it your dream home. Ideally located in Miami Beach Nautilus neighborhood, in close proximity to the Ritz Carlton residences, one of the most luxurious developments in Miami. The large entrance welcomes you into a spacious living, dining & family room. The open and optimized floor plan creates a peaceful living environment for your family, including a large kitchen, a private office and a lovely backyard. The large number of bedrooms and bathrooms creates privacy both for you and your guests. Ideally located in close proximity to shops, best dining and minutes away from airport, entertainment district and more. Home was updated except a couple of bathrooms.
Unit Size
2,977Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$838
Property Type
House
Property Taxes
$2,241
HOA Dues
-
Year Built
1950
Last updated: 27 days ago (Miami MLS #A11512970)

Price History

Date / Event Date Event Price
Apr 3, 2024 No longer available -
No longer available
Feb 29, 2024 Price Decreased $2,495,000
↓ $205K (7.6%)
Price Decreased
Feb 24, 2024 Price Decreased $2,699,500
↓ $300K (10%)
Price Decreased
Jan 13, 2024 No longer available -
No longer available
Jan 11, 2024 Listed by One Sotheby's International Re $2,999,000
Listed by One Sotheby's International Re
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,005
  • Gross Building Area: 3,005
  • Building Area: 2,977
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,977
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NAUTILUS ADDN
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NAUTILUS ADDN PB 8-130 LOT 15 BLK 12 LOT SIZE 60.000 X 125 OR 16658-2840 0195 1

Ownership

  • Current Owner : MILA DEVELOPMENT GROUP LLC
  • Previous Owner : 1033 W 47 LLC
  • Owner Before Previous Owner: ROTTMAN MICHAEL
  • Owner Before Previous Owner 2: ROTTMAN PNINA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004000

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 176
  • District: 02
  • Parcel: 02-3222-014-0990
  • Block: 12
  • Lot: 15
  • Meridian: SEC 22 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8228
  • Longitude: -80.1343

    Address

  • Full Address: 1033 W 47th St
  • Address - House Number: 1033
  • Street Direction: W
  • Address - Street Name: 47th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C025
  • 4-Digit Zip Code: 2802
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 2,795
  • Tax Year: 2023
  • Tax Amount: $26,896
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,340,006
  • High Value: 2,559,815
  • Low Value: 2,120,197

    Market Valuation

  • Market Total Value: $1,423,296
  • Market Land Value: $1,087,800
  • Market Improvement Value: $335,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,423,296
  • Assessed Land Value: $1,087,800
  • Assessed Improvements Value: $335,496

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Transaction ID: 11909410595
  • Current Sale Price: $1,960,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 443888
  • Previous Sale Recording Date: Dec 20, 2022
  • Previous Sale Contract Date: Dec 15, 2022
  • Previous Sale Amount: $1,666,600
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FRC VTX ASSETS LLC
  • Previous Mortgage Transaction Date: Dec 20, 2022
  • Previous Mortgage Loan Amount: $1,349,912
  • Previous Mortgage Loan Due Date: Dec 15, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
2,694 ft²
$1,037/ft²
$2,795,000 Nov 10, 2023
$2,795,000 Dec 4, 2023
$1,117/mo
House
5 Beds
5 Baths
2,673 ft²
$1,122/ft²
$3,000,000 Jul 7, 2023
$3,000,000 Dec 22, 2023
$348/mo
House
5 Beds
4 Baths
2,465 ft²
$811/ft²
$2,000,000 Apr 19, 2023
$2,000,000 Dec 15, 2023
$2,294/mo
House
4 Beds
5 Baths
3,271 ft²
$825/ft²
$2,700,000 May 10, 2023
$2,700,000 Dec 14, 2023
$1,837/mo
House
6 Beds
4 Baths
3,347 ft²
$846/ft²
$2,830,000 Jun 16, 2023
$2,830,000 Sep 11, 2023
$2,654/mo
House
4 Beds
3 Baths
2,587 ft²
$1,102/ft²
$2,850,000 Jul 21, 2023
$2,850,000 Sep 22, 2023
$1,437/mo
House
5 Beds
4 Baths
2,922 ft²
$847/ft²
$2,475,000 Dec 2, 2023
-
$759/mo
House
5 Beds
5 Baths
3,848 ft²
$649/ft²
$2,499,000 Dec 8, 2023
-
$2,099/mo
House
4 Beds
3 Baths
3,015 ft²
$1,061/ft²
$3,200,000 Nov 3, 2023
-
$1,272/mo
House
4 Beds
4 Baths
2,977 ft²
$1,007/ft²
$2,999,180 Jul 12, 2023
-
$443/mo
House
6 Beds
6 Baths
2,733 ft²
$1,079/ft²
$2,950,000 Aug 24, 2023
-
$1,284/mo
House
4 Beds
5 Baths
2,862 ft²
$1,074/ft²
$3,075,000 Sep 28, 2023
-
$801/mo

About Nautilus


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Frequently Asked Questions

When was property at 1033 West 47th Street built and last sold?
The property at 1033 West 47th Street was built in 1950 and last sold on Jun 20, 2023 for $1,960,000.
How much is this home worth?
The estimated value of the home located at 1033 West 47th Street is $2,519,950.
What are some comparable homes to 1033 West 47th Street?
Homes that are comparable to 1033 West 47th Street include a house property at 4331 Alton Road, 5208 Alton Road, 5250 Alton Road.

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