See Home Value
$4,959,362*
House - Off Market

1500 Bay Dr

Miami Beach, FL 33141
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3771 Sqft
$3,510,000 - $4,290,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Jul 23, 2021
$3,500,000
$1,200,000 by First Republic Bank
Mortgage Due Oct 26, 2046
Sold Jun 28, 2019
$420,000

About This Property

WEST COAST COOL MEETS KEY WEST TROPICAL VIBES. LUSH WATERFRONT PRIVATE RESIDENCE FEATURES 4 BEDROOMS/3.5 BATHS PLUS 1 BED/1 BATH SPACIOUS GUEST COTTAGE W/SEPARATE ENTRY WAY. BRIGHT, OPEN & BREEZY FLOOR PLAN INCLUDES LIVING AREA LINED WITH FRENCH DOORS ,  FORMAL DINING AREA, &  OPEN KITCHEN, ALL FEATURING SERENE WATER VIEWS FROM EVERY ANGLE. 2ND LEVEL CONSISTS OF MASTER BEDROOM & BATH AND FRENCH DOORS LEADING OUT ONTO SPACIOUS WOODEN SUN DECK WITH OPEN BAY VIEWS TOWARDS DOWNTOWN MIAMI AND LA GORCE ISLAND TO THE SOUTH. MAIN HOUSE 3,771 SQ FT + GUEST HOUSE IS APPROX 4,220 TOTAL LIVING AREA.

The manager has listed the unit size as 3771 square feet.
Unit Size
3,771Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$1,034
Property Type
House
Property Taxes
$3,149
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 25, 2021 In contract -
In contract
Apr 8, 2021 Price Decreased $3,900,000
↓ $200K (4.9%)
Price Decreased
Mar 3, 2021 Listed $4,100,000
Listed
May 16, 2019 Sold to Benjamin Wolkov $2,500,000
Sold to Benjamin Wolkov
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,671
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 628
  • Total Building Area: 4,568
  • Gross Building Area: 4,568
  • Building Area: 3,517
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,517
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLE OF NORMANDY TROUVILLE
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 10 53 42 PB 25-56 ISLE OF NORMANDY TROUVILLE SEC LOT 23 BLK 26 LOT SIZE 62.770 X 170 OR 18885-1377 11 1999 1

Ownership

  • Current Owner : ROSENFELD ALLISON
  • Current Owner 2: ROSENFELD JASON
  • Previous Owner : WOLKOV BENJAMIN
  • Owner Before Previous Owner: CASTANO ALFONSO
  • Owner Before Previous Owner 2: RISSE ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003915

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 171
  • District: 02
  • Parcel: 02-3210-001-1130
  • Block: 26
  • Lot: 23
  • Meridian: SEC 10 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8512
  • Longitude: -80.1334

    Address

  • Full Address: 1500 Bay Dr
  • Address - House Number: 1500
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 4745
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 3,804
  • Tax Year: 2023
  • Tax Amount: $56,182
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 5,673,275
  • High Value: 6,708,873
  • Low Value: 4,637,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 26, 2046

    Market Valuation

  • Market Total Value: $4,528,459
  • Market Land Value: $3,468,231
  • Market Improvement Value: $1,060,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,014,269

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11847233152
  • Current Sale Price: $3,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0532154
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 18, 2019
  • Previous Sale Amount: $420,000
  • 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
4 Beds
3 Baths
3,674 ft²
$1,252/ft²
$4,600,000 Mar 24, 2023
-
$1,540/mo
House
4 Beds
3 Baths
3,674 ft²
$1,252/ft²
$4,600,000 Aug 26, 2023
-
$1,540/mo
House
4 Beds
4 Baths
4,000 ft²
$1,100/ft²
$4,400,000 Feb 9, 2023
-
$917/mo
House
4 Beds
4 Baths
3,077 ft²
$1,219/ft²
$3,750,000 Aug 18, 2023
-
$2,112/mo
House
4 Beds
4 Baths
2,761 ft²
$1,231/ft²
$3,400,000 Jun 30, 2023
-
$1,361/mo
House
3 Beds
3 Baths
4,248 ft²
$946/ft²
$4,020,000 Aug 18, 2023
-
$1,750/mo
House
5 Beds
6 Baths
2,842 ft²
$1,458/ft²
$4,145,000 Jul 18, 2023
-
$2,611/mo
House
3 Beds
4 Baths
2,527 ft²
$1,581/ft²
$3,995,000 Jun 7, 2023
-
$1,590/mo
House
3 Beds
2 Baths
2,220 ft²
$1,484/ft²
$3,295,000 Apr 4, 2023
-
$2,641/mo
House
3 Beds
3 Baths
1,932 ft²
$2,329/ft²
$4,500,000 Sep 5, 2023
-
$2,007/mo
Townhouse
3 Beds
4 Baths
3,647 ft²
$905/ft²
$3,299,999 Apr 21, 2023
-
$4,244/mo
Condo
3 Beds
0.5 Bath
3,683 ft²
$863/ft²
$3,178,000 Mar 8, 2023
-
-

About Normandy Isles


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Frequently Asked Questions

When was property at 1500 Bay Drive built and last sold?
The property at 1500 Bay Drive was built in 1940 and last sold on Jul 16, 2021 for $3,500,000.
How much is this home worth?
The estimated value of the home located at 1500 Bay Drive is $3,914,288.
What are some comparable homes to 1500 Bay Drive?
There are currently no comparable homes to 1500 Bay Drive.

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