See Home Value
$2,433,814*
House - Off Market

111 3rd San Marino Ter

Miami Beach, FL 33139
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3091 Sqft
$1,260,000 - $1,540,000
Reference Base Price*
73.84%
Since Nov 1, 2019
FL-Miami
Primary Model
Sold Oct 26, 2018
$1,310,000
$1,248,000 by Sprout Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Nov 07, 2016
$1,450,000

About This Property

Opportunity knocks.  Beautiful, tropical lot with structure on San Marino Island. Build your oasis surrounded by royal palms and lush landscaping. Great for end user or developer in well established and appreciating Venetian Causeway.

The manager has listed the unit size as 3091 square feet.
Unit Size
3,091Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$453
Property Type
House
Property Taxes
$1,655
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Oct 2, 2019 No longer available -
No longer available
Aug 11, 2019 Price Decreased $1,400,000
↓ $100K (6.7%)
Price Decreased
Jul 21, 2019 Price Decreased $1,499,999
↓ $50K (3.2%)
Price Decreased
Jun 28, 2019 Listed $1,550,000
Listed
Oct 26, 2018 Sold to Grant Michael Gibson, Jacqu... $1,310,000
Sold to Grant Michael Gibson, Jacqu...

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 284
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,091
  • Gross Building Area: 3,091
  • Building Area: 1,684
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,684
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN MARINO ISLAND
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAN MARINO ISLAND PB 9-22 LOT 2 BLK 8 LOT SIZE 60.000 X 120 OR 20802-3662 12 2002 1 COC 23528-4311 02 2005 4

Ownership

  • Current Owner : GIBSON GRANT MICHAEL
  • Current Owner 2: GIBSON JACQUELINE A
  • Previous Owner : BAILEY LARRY D
  • Owner Before Previous Owner: ROTH STEVEN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004102

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 182
  • District: 02
  • Parcel: 02-3232-003-0820
  • Block: 8
  • Lot: 2
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7918
  • Longitude: -80.1629

    Address

  • Full Address: 111 3rd San Marino Ter
  • Address - House Number: 111
  • Address - Street Name: 3rd San Marino
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1123
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 2,212
  • Tax Year: 2023
  • Tax Amount: $31,611
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,228,965
  • High Value: 3,816,519
  • Low Value: 2,641,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,248,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,248,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $2,348,117
  • Market Land Value: $2,124,014
  • Market Improvement Value: $224,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,713,951

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Transaction ID: 11529522457
  • Current Sale Price: $1,310,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018R0655598
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Contract Date: Nov 02, 2016
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Mortgage Transaction Date: Oct 26, 2018
  • First Mortgage Loan Amount: $948,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2 Baths
1,898 ft²
$803/ft²
$1,525,000 Aug 10, 2023
$1,525,000 Nov 7, 2023
$382/mo
Condo
2 Beds
2 Baths
1,384 ft²
$932/ft²
$1,290,000 May 27, 2023
$1,290,000 Oct 4, 2023
$2,593/mo
Condo
2 Beds
2 Baths
1,370 ft²
$1,000/ft²
$1,370,000 Aug 2, 2023
$1,370,000 Jan 25, 2024
$2,717/mo
Condo
2 Beds
2 Baths
1,440 ft²
$740/ft²
$1,065,000 Jan 17, 2023
$1,065,000 Dec 15, 2023
$2,422/mo
Condo
2 Beds
2 Baths
1,480 ft²
$851/ft²
$1,260,000 Feb 1, 2023
$1,260,000 Sep 1, 2023
$2,549/mo
Condo
2 Beds
2 Baths
1,250 ft²
$1,200/ft²
$1,500,000 Dec 7, 2023
$1,500,000 Apr 1, 2024
$1,847/mo
Condo
2 Beds
2 Baths
1,494 ft²
$934/ft²
$1,395,000 Jan 24, 2024
-
$2,904/mo
Condo
2 Beds
2 Baths
1,520 ft²
$786/ft²
$1,195,000 Oct 25, 2023
-
$2,715/mo
Condo
2 Beds
2 Baths
1,381 ft²
$1,191/ft²
$1,645,000 Apr 2, 2024
-
$2,299/mo
Condo
2 Beds
3 Baths
1,210 ft²
$983/ft²
$1,190,000 Sep 25, 2023
-
$2,495/mo
Condo
2 Beds
2 Baths
1,287 ft²
$967/ft²
$1,245,000 Mar 4, 2024
-
$3,123/mo
Condo
1 Bed
1 Bath
1,368 ft²
$874/ft²
$1,195,000 Jan 17, 2024
-
$3,020/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 111 3rd San Marino Terrace built and last sold?
The property at 111 3rd San Marino Terrace was built in 1950 and last sold on Oct 10, 2018 for $1,310,000.
How much is this home worth?
The estimated value of the home located at 111 3rd San Marino Terrace is $1,543,984.
What are some comparable homes to 111 3rd San Marino Terrace?
There are currently no comparable homes to 111 3rd San Marino Terrace.

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