See Home Value
$7,457,858*
House - Off Market

1509 NE 12th Pl

Miami, FL 33139
bedrooms
5 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
5213 Sqft
$4,275,000 - $5,225,000
Reference Base Price*
57.01%
Since Jan 1, 2021
FL-Miami
Primary Model
Sold Jun 08, 2021
$1,200,000
$1,200,000 by Bradesco Bac Florida Bank
Mortgage Due Jun 01, 2051
Sold Mar 09, 2015
$890,000

About This Property

Unique investment opportunity! Stunning Venetian Islands home built in 2019 with the finest finishes. This 5,015 adj. SF homes stunning entrance opens to soaring ceilings, enormous windows and doors offering an abundance of natural light and pool views making this 5 BR floor plan spectacular. Enjoy bay breezes and incredible 360 degree views of Biscayne Bay, Miami Beach, and the Downtown Miami skyline from the homes 2,100+SF rooftop deck. Picture perfect main living area and POGGENPOHL kitchen opens to the pool and yard making this a great home for entertaining. Some of the many features that make this property exceptional include 5 en-suite bedrooms, a stunning master suite w/ water views, 2 massive walk-in closets & bathroom with a serious 'wow' factor. Leased until MARCH 2022.

The manager has listed the unit size as 5213 square feet.
Unit Size
5,213Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$911
Property Type
House
Property Taxes
$1,366
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Jun 8, 2021 Sold $1,200,000
Sold
Dec 11, 2020 No longer available -
No longer available
Jul 7, 2020 Listed $4,750,000
Listed

Property Highlights

Air Conditioning
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 5,213
  • Gross Building Area: 5,213
  • Building Area: 4,687
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,687
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN MARCO
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 32 53 42 SAN MARCO PB 9-21 LOT 2 BLK 6 LOT SIZE 60.000 X 125 OR# 14793-0493 11 1990 COC 23841-2320 07 2005 6

Ownership

  • Current Owner : LA BODEGA 007 LLC
  • Previous Owner : ISLA GRANDE LLC
  • Owner Before Previous Owner: MARTY AILEEN M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002710

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 182
  • District: 01
  • Parcel: 01-3232-001-0450
  • Block: 6
  • Lot: 2
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7904
  • Longitude: -80.1692

    Address

  • Full Address: 1509 Ne 12th Pl
  • Address - House Number: 1509
  • Street Direction: NE
  • Address - Street Name: 12th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1113
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 4,494
  • Tax Year: 2023
  • Tax Amount: $74,249
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 3,850,868
  • High Value: 4,590,933
  • Low Value: 3,110,803

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: BRADESCO BAC FLORIDA BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $3,846,065
  • Market Land Value: $1,687,500
  • Market Improvement Value: $2,158,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,471,381

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11840792781
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0405387
  • Previous Sale Recording Date: Mar 09, 2015
  • Previous Sale Contract Date: Mar 04, 2015
  • Previous Sale Amount: $890,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRADESCO BAC FLORIDA BANK
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    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
House
4 Beds
4 Baths
3,760 ft²
$1,064/ft²
$4,000,000 Dec 13, 2022
-
$3,648/mo
Condo
4 Beds
5.5 Baths
3,298 ft²
$1,304/ft²
$4,299,000 Jun 27, 2022
-
$147/mo
Condo
4 Beds
4.5 Baths
3,492 ft²
$1,589/ft²
$5,550,000 Jul 25, 2022
-
$4,360/mo
Condo
4 Beds
4.5 Baths
3,492 ft²
$1,589/ft²
$5,550,000 Dec 10, 2022
-
$9,869/mo
Condo
4 Beds
4.5 Baths
3,488 ft²
$1,548/ft²
$5,400,000 Jul 25, 2022
-
$4,355/mo
Condo
3 Beds
3.5 Baths
2,894 ft²
$1,486/ft²
$4,300,000 Dec 2, 2022
-
$7,044/mo
Condo
Stu
-
2,720 ft²
$1,838/ft²
$4,999,000 Sep 12, 2022
-
$140/mo
Land
Loft
-
-
$4,500,000 Nov 18, 2022
-
$1,817/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 1509 Northeast 12th Place built and last sold?
The property at 1509 Northeast 12th Place was built in 2019 and last sold on May 26, 2021 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 1509 Northeast 12th Place is $4,513,111.
What are some comparable homes to 1509 Northeast 12th Place?
There are currently no comparable homes to 1509 Northeast 12th Place.

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