by RH Advisors

Check Availability
$11,500,000
House - In Contract

1220 S Biscayne Point Rd

Miami Beach, FL 33141
bedrooms
6 Beds
bathrooms
6 Baths
square feet
5423 Sqft
$67,920
Estimated Monthly
$0
HOA / Fees
0.68%
Cap Rate

About This Property

Remarkable turn-key waterfront residence located in the gated community of Biscayne Point. This exquisite 6 BD/6 BA home boasts 5,423 SF & breathtaking southwestern exposure. Upon entering you will find an open-concept layout, double-height ceilings & an abundance of natural light. The gourmet kitchen is equipped with Sub-Zero appliances, marble countertops, & an island perfect for entertaining. The primary suite is a tranquil retreat, with a spa-like ensuite bathroom & private balcony overlooking Normandy Island & the Downtown Skyline. Outside, indulge in the Miami lifestyle with a pool, spa, BBQ & patio area. 70 FT of water frontage & a dock with direct Intracoastal access make this home suitable for boaters. Just minutes from Bal Harbour Shops, beaches, upscale dining, & entertainment.
Unit Size
5,423Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$2,121
Property Type
House
Property Taxes
$11,453
HOA Dues
-
Year Built
2015
Listed By
Oren Alexander
Prudential Douglas Elliman Real Estate
Last updated: 3 months ago (Miami MLS #A11427822)

Price History

Date / Event Date Event Price
Feb 13, 2024 In contract -
In contract
Dec 1, 2023 Price Decreased $11,500,000
↓ $1M (8%)
Price Decreased
Aug 4, 2023 Listed by Official $12,500,000
Listed by Official
Jun 22, 2023 No longer available -
No longer available
May 6, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Covered, Driveway
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 6
Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Bedroom Information

Bedrooms: 6
Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Interior Information

Interior Features: First Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Pantry, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Utility Room/Laundry
Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
Flooring Type: Other, Wood
Door Features: High Impact Doors
Laundry Features: Utility Room/Laundry

Room Information

Dining Room Features: Eat-In Kitchen, Formal Dining
Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Utility Room/Laundry

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 7,451
  • Gross Building Area: 7,451
  • Building Area: 5,423
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,423
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BISCAYNE POINT
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3 53 42 BISCAYNE POINT PB 14-35 LOT 28 BLK 7 LOT SIZE 75.000 X 150 OR 18087-2581 0298 1

Ownership

  • Current Owner : SBP 1220 MB LLC
  • Previous Owner : LLOYD OLIVER MORRIS
  • Previous Owner 2: LLOYD LAURIE NEHMEN
  • Owner Before Previous Owner: STILLWATER REAL PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003912

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 165
  • District: 02
  • Parcel: 02-3203-001-1430
  • Block: 7
  • Lot: 28
  • Meridian: SEC 03 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8622
  • Longitude: -80.1303

    Address

  • Full Address: 1220 S Biscayne Point Rd
  • Address - House Number: 1220
  • Street Direction: S
  • Address - Street Name: Biscayne Point
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 1742
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 5,948
  • Tax Year: 2023
  • Tax Amount: $155,736
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $8,514,613
  • Market Land Value: $3,150,388
  • Market Improvement Value: $5,364,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,005,918

    Sales

  • Current Sale Contract Date: Jul 17, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11846835803
  • Current Sale Price: $8,700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021R0544527
  • Previous Sale Recording Date: Jul 17, 2020
  • Previous Sale Contract Date: Jul 06, 2020
  • Previous Sale Amount: $5,540,000
  • Previous Sale Document Type: Warranty Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6 Baths
4,642 ft²
$2,127/ft²
$9,875,000 Nov 11, 2022
$9,875,000 Dec 27, 2023
$1,534/mo
House
6 Beds
7 Baths
5,600 ft²
$2,321/ft²
$13,000,000 Nov 4, 2022
$13,000,000 Sep 6, 2023
$2,202/mo
House
5 Beds
6 Baths
6,250 ft²
$1,500/ft²
$9,375,000 Aug 25, 2023
$9,375,000 Feb 12, 2024
$7,137/mo
House
5 Beds
5 Baths
5,484 ft²
$1,823/ft²
$10,000,000 Sep 6, 2023
$10,000,000 Feb 8, 2024
$1,417/mo
Condo
3 Beds
3 Baths
2,903 ft²
$3,019/ft²
$8,765,000 Oct 3, 2023
$8,765,000 Dec 11, 2023
$13,956/mo
House
6 Beds
5 Baths
5,052 ft²
$1,970/ft²
$9,950,000 Oct 16, 2023
-
$2,093/mo
House
5 Beds
6 Baths
5,151 ft²
$2,233/ft²
$11,500,000 Sep 7, 2023
-
$5,339/mo
House
5 Beds
6 Baths
5,544 ft²
$1,894/ft²
$10,500,000 Oct 23, 2023
-
$3,073/mo
House
5 Beds
3 Baths
4,386 ft²
$2,200/ft²
$9,650,000 Feb 16, 2024
-
$6,471/mo
House
4 Beds
3 Baths
3,094 ft²
$3,846/ft²
$11,900,000 Dec 1, 2023
-
$5,196/mo
Other
Loft
-
-
$10,900,000 Nov 10, 2023
-
$9,209/mo
Commercial
Loft
-
-
$9,800,000 Feb 14, 2024
-
$1,882/mo

About Biscayne Point


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Frequently Asked Questions

When was property at 1220 South Biscayne Point Road built and last sold?
The property at 1220 South Biscayne Point Road was built in 2015 and last sold on Jul 17, 2021 for $8,700,000.
How much is this home worth?
The estimated value of the home located at 1220 South Biscayne Point Road is $11,615,000.
What are some comparable homes to 1220 South Biscayne Point Road?
Homes that are comparable to 1220 South Biscayne Point Road include a house property at 1801 Cleveland Road, 1411 North Biscayne Point Road, 1885 Cleveland Road.

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