by RH Advisors

Check Availability
$3,944,000
House - For Sale

1240 Stillwater Dr

Miami Beach, FL 33141
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2299 Sqft
$22,685
Estimated Monthly
$0
HOA / Fees
1.10%
Cap Rate

About This Property

Waterfront home w/ beautiful & lush garden features 3 bed,3 baths + den. Direct intercoastal access w/ 60' water frontage, perfect for boaters.(lift 56,000lbs) Easy to get on water into incredible sunsets. The principal bedroom is facing magnificent green oasis where you can create your own little paradise:morning yoga/meditation or entertain dinners under the starlight. Located in gated community, residents of Stillwater enjoy a sense of privacy and security. Despite its peaceful settings, its short drive away from the vibrant nightlife, world-class dining and the beach (close proximity to Surfside, Bal Harbor&South Beach) The community has basketball courts and kids' park. Enjoy the magical views of the open Bay sunrise & sunsets, bonfire at night in the garden.
Unit Size
2,299Ft²
Days on Market
26 days
Land Size
0.18 acres
Price per sqft
$1,716
Property Type
House
Property Taxes
$3,319
HOA Dues
-
Year Built
1951
Listed By
Ana Raznatovic
Coldwell Banker Realty
Last updated: 25 days ago (Miami MLS #A11562469)

Price History

Date / Event Date Event Price
Apr 2, 2024 Listed by Coldwell Banker Realty $3,944,000
Listed by Coldwell Banker Realty
Nov 6, 2018 Sold to Marko Jaric $1,550,000
Sold to Marko Jaric

Property Highlights

Air Conditioning
With View
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 3

Bedroom Information

Bedrooms: 3
Bedroom Features: At Least 1 Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, Garage Converted
Appliances: Dishwasher, Dryer
Flooring Type: Other

Room Information

Living Room Features: Garage Converted

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,389
  • Gross Building Area: 2,389
  • Building Area: 2,299
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BISCAYNE BEACH 2ND ADDN
  • Land Acres: 0.184
  • Legal Description 1: 2-3 53 42 BISCAYNE BEACH 2ND ADDN PB 46-39 LOT 26 BLK 16 LOT SIZE 50.000 X 160 COC 25157-2010 1106 1

Ownership

  • Current Owner : JARIC MARKO
  • Previous Owner : EPSTEIN DAVID
  • Owner Before Previous Owner: HEDWIG CORP

Neighborhood

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

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 165
  • District: 02
  • Parcel: 02-3203-011-1870
  • Block: 16
  • Lot: 26
  • Meridian: SEC 03 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.869
  • Longitude: -80.1332

    Address

  • Full Address: 1240 Stillwater Dr
  • Address - House Number: 1240
  • Address - Street Name: Stillwater
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 1028
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 2,009
  • Tax Year: 2023
  • Tax Amount: $39,823
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,688,342
  • High Value: 4,354,891
  • Low Value: 3,021,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,070,000
  • First Open Lien Mortgage Lender: SHABTAI BENJAMIN
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Loan Amount: $1,070,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $2,755,425
  • Market Land Value: $2,480,082
  • Market Improvement Value: $275,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,554,396

    Sales

  • Current Sale Contract Date: Oct 29, 2018
  • Current Sale Recording Date: Nov 06, 2018
  • Current Sale Transaction ID: 11532185659
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2018R0675673
  • Previous Sale Recording Date: Dec 05, 2006
  • Previous Sale Contract Date: Nov 28, 2006
  • Previous Sale Amount: $1,223,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: RECOVO MORTGAGE MANAGEMENT LLC
  • First Mortgage Transaction Date: Nov 06, 2018
  • First Mortgage Loan Amount: $930,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE LENDERS NETWORK USA I
  • Previous Mortgage Transaction Date: Dec 05, 2006
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $978,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Dec 01, 2036

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,385 ft²
$1,604/ft²
$3,825,000 Dec 18, 2023
$3,825,000 Mar 25, 2024
$4,051/mo
House
3 Beds
3 Baths
2,709 ft²
$1,532/ft²
$4,150,000 Jun 24, 2022
$4,150,000 Sep 15, 2022
$631/mo
House
3 Beds
2 Baths
1,963 ft²
$2,140/ft²
$4,200,000 Apr 9, 2023
$4,200,000 Dec 15, 2023
$1,081/mo
House
4 Beds
3 Baths
2,363 ft²
$1,650/ft²
$3,900,000 Nov 22, 2023
$3,900,000 Mar 20, 2024
$4,133/mo
Condo
3 Beds
4 Baths
2,150 ft²
$1,674/ft²
$3,600,000 May 13, 2023
$3,600,000 Jan 25, 2024
$3,698/mo
House
4 Beds
3 Baths
2,397 ft²
$1,252/ft²
$3,000,000 Jan 8, 2024
$3,000,000 Mar 1, 2024
-
House
3 Beds
2 Baths
2,503 ft²
$1,794/ft²
$4,490,000 Feb 26, 2024
-
$631/mo
House
3 Beds
2 Baths
1,865 ft²
$2,142/ft²
$3,995,000 Mar 3, 2024
-
$2,313/mo
House
3 Beds
2 Baths
1,950 ft²
$1,846/ft²
$3,600,000 Jan 23, 2024
-
$1,285/mo
House
3 Beds
2 Baths
1,530 ft²
$2,405/ft²
$3,680,000 Dec 7, 2023
-
$4,130/mo
House
3 Beds
3 Baths
3,125 ft²
$1,120/ft²
$3,499,000 Oct 18, 2023
-
$1,144/mo
House
4 Beds
3 Baths
1,987 ft²
$2,063/ft²
$4,099,000 Dec 24, 2023
-
$494/mo

About Biscayne Point


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Frequently Asked Questions

When was property at 1240 Stillwater Drive built and last sold?
The property at 1240 Stillwater Drive was built in 1951 and last sold on Oct 29, 2018 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 1240 Stillwater Drive is $3,952,654.
What are some comparable homes to 1240 Stillwater Drive?
Homes that are comparable to 1240 Stillwater Drive include a house property at 235 North Shore Drive, 930 Stillwater Drive, 9348 Byron Avenue.

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