by RH Advisors

Check Availability
North Miami 33181 Keystone
12478 N Bayshore Drive
$7,905,278
↓ $95K (1.2%)
House - For Sale

12478 N Bayshore Drive

North Miami, FL 33181
bedrooms
7 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
5922 Sqft
$41,150
Estimated Monthly
$0
HOA / Fees
3.29%
Cap Rate

About This Property

NEW 3-STORY PRE-CONSTRUCTION  7BR | 6BA + 2x ½BA | 6,174 SF | 4 Car Garage | 1,000 SF GREENROOF     DIRECT OCEAN ACCESS | DEEPWATER WIDE CANAL | 75' SEAWALL – 60' BOAT DOCK   24K LBS BOAT-LIFT SALT-WATER-POOL/SPA| WATER-SPRINKLER | FULL-HOUSE-STAND-BY-GENERATOR | 10' HIGH CEILINGS RV/MOTORHOME PARKING-SPACE | No H.O.A. 24/7 gated community at KEYSTONE POINT, nearby Synagogues & just 8 minutes from Bal Harbor Shops, this custom Waterfront-Home is a masterpiece w/ TOP of the line finishes the 9,375 SF lot is a tropical oasis that offers beautifully designed outdoor areas & Summer Kitchen perfect for entertaining guests. Has 1Yr Builder's Warranty and FLOOR PLAN MODIFICATION & CUSTOMIZATION AVAILABLE, AS WELL AS THE OPTION TO INSTALL AN INTERIOR HOUSE ELEVATOR & GARAGE LIFTS TOTALLING 8 CARS.
Unit Size
5,922Ft²
Days on Market
146 days
Land Size
0.22 acres
Price per sqft
$1,335
Property Type
House
Property Taxes
$2,333
HOA Dues
-
Year Built
1955
Listed By
Hector Rivera
Beachfront Realty Inc
Last updated: 3 days ago (Miami MLS #A11485320)

Price History

Date / Event Date Event Price
Apr 25, 2024 Price Decreased $7,905,278
↓ $95K (1.2%)
Price Decreased
Apr 25, 2024 Price Increased $7,999,999
↑ $2M (23.1%)
Price Increased
Feb 22, 2024 Price Decreased $6,500,000
↓ $178K (2.7%)
Price Decreased
Dec 4, 2023 Listed by American Dream Investment Realty Inc $6,677,889
Listed by American Dream Investment Realty Inc

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Circular Driveway, Electric Vehicle Charging Station(s), Rv/Boat Parking
Garage Spaces: 4
Covered Parking Spaces: 4
Interior Details

Bathroom Information

Half Bathrooms: 2
Full Bathrooms: 6
Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks, Separate Tub & Shower

Bedroom Information

Bedrooms: 7
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Interior Information

Interior Features: First Floor Entry, Closet Cabinetry, Cooking Island, Fire Sprinklers, Laundry Tub, Pantry, Split Bedroom, Volume Ceilings, Den/Library/Office, Great Room, Recreation Room, Sauna, Utility Room/Laundry
Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
Flooring Type: Ceramic Floor, Marble
Door Features: High Impact Doors
Laundry Features: Laundry Tub, Utility Room/Laundry

Room Information

Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
Living Room Features: Den/Library/Office, Great Room, Recreation Room, Sauna, Utility Room/Laundry

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,022
  • Gross Building Area: 3,022
  • Building Area: 2,513
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,513
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: KEYSTONE ISLAND NO 1
  • Land Acres: 0.215
  • Legal Description 1: 28 52 42 KEYSTONE ISLAND NO 1 PB 53-87 LOT 3 RIP RTS BLK 4 LOT SIZE 75.000 X 125 OR 17924-4771 1197 4 COC 22657-0243 09 2004 1

Ownership

  • Current Owner : RIVERA HECTOR
  • Current Owner 2: CRUZ MARIA YSABEL
  • Previous Owner : BERGER JAY R
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH MIAMI
  • Census Tract: 000120

Zoning

  • Zoning: 0900

Geography

  • Assessors Map Reference: 93
  • District: 06
  • Parcel: 06-2228-013-0410
  • Block: 4
  • Lot: 3
  • Meridian: SEC 28 TWN 52S RNG 42E
  • Municipality: NORTH MIAMI
  • Latitude: 25.8927
  • Longitude: -80.1528

    Address

  • Full Address: 12478 N Bayshore Dr
  • Address - House Number: 12478
  • Street Direction: N
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: North Miami
  • Carrier Code: C083
  • 4-Digit Zip Code: 2431
  • Zip Code: 33181

Valuation

    Tax

  • Total Area: 2,535
  • Tax Year: 2023
  • Tax Amount: $12,709
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,768,191
  • High Value: 4,446,161
  • Low Value: 3,090,220

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $779,500
  • First Open Lien Mortgage Lender: IMPAC LENDING GROUP
  • First Open Lien Mortgage Recording Date: Sep 15, 2004
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $479,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034
  • Second Open Lien Mortgage Lender: OAKTREE FUNDING CORP.
  • Second Open Lien Mortgage Recording Date: Dec 27, 2023
  • Second Open Lien Mortgage Loan Amount: $300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $1,763,819
  • Market Land Value: $1,429,500
  • Market Improvement Value: $334,319

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570,811

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2004
  • Current Sale Recording Date: Sep 15, 2004
  • Current Sale Transaction ID: 11460053472
  • Current Sale Price: $685,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2004R0807406

    Last Sale Mortgage

  • First Mortgage Lender: IMPAC LENDING GROUP
  • First Mortgage Transaction Date: Sep 15, 2004
  • First Mortgage Loan Amount: $479,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Oct 01, 2034

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
5,022 ft²
$1,065/ft²
$5,350,000 Aug 2, 2023
$5,350,000 Oct 23, 2023
$4,330/mo
House
7 Beds
8 Baths
-
$5,450,000 Apr 17, 2023
$5,450,000 Nov 14, 2023
$697/mo
House
4 Beds
6 Baths
4,789 ft²
$1,483/ft²
$7,100,000 Mar 9, 2023
$7,100,000 Jan 26, 2024
$2,224/mo
Condo
2 Beds
3 Baths
2,233 ft²
$2,553/ft²
$5,700,000 Mar 15, 2023
$5,700,000 Oct 31, 2023
$8,733/mo
Condo
3 Beds
4 Baths
2,643 ft²
$2,081/ft²
$5,500,000 Jun 30, 2023
$5,500,000 Sep 28, 2023
$7,564/mo
House
7 Beds
8 Baths
5,046 ft²
$1,377/ft²
$6,950,000 Dec 29, 2023
-
$2,472/mo
House
6 Beds
6 Baths
6,173 ft²
$1,021/ft²
$6,300,000 Nov 30, 2023
-
$1,646/mo
House
7 Beds
8 Baths
6,615 ft²
$892/ft²
$5,900,000 Feb 5, 2024
-
-
House
6 Beds
5 Baths
4,327 ft²
$1,271/ft²
$5,500,000 Nov 11, 2023
-
$2,230/mo

About North Miami


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Frequently Asked Questions

When was property at 12478 North Bayshore Drive built and last sold?
The property at 12478 North Bayshore Drive was built in 1955 and last sold on Sep 7, 2004 for $685,000.
How much is this home worth?
The estimated value of the home located at 12478 North Bayshore Drive is $6,744,668.
What are some comparable homes to 12478 North Bayshore Drive?
Homes that are comparable to 12478 North Bayshore Drive include a house property at 12710 Maple Road, 1925 North Hibiscus Drive, 1980 Northeast 124th Street.

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