by RH Advisors

Check Availability
$13,000,000
↓ $1.5M (10.3%)
House - For Sale

1740 S Bayshore Ln

Miami, FL 33133
bedrooms
8 Beds
bathrooms
11 Baths, 1 Half Bath
square feet
7335 Sqft
$68,214
Estimated Monthly
$0
HOA / Fees
4.21%
Cap Rate

About This Property

Coconut Grove bayfront with 139 ft of water frontage on a wide point lot w/rare and substantive dockage. Price improved, making this an exceptional value in one of Miami's most prestigious areas. The existing home offers a canvas for updates or to embark on a complete redevelopment. The 7,000 sqft 8 bed/10.5 bath house can be rented out while going through design and permitting process.
Unit Size
7,335Ft²
Days on Market
181 days
Land Size
0.28 acres
Price per sqft
$1,772
Property Type
House
Property Taxes
$4,382
HOA Dues
-
Year Built
1990
Last updated: 23 days ago (Miami MLS #A11479196)

Price History

Date / Event Date Event Price
Jan 18, 2024 Price Decreased $13,000,000
↓ $2M (10.3%)
Price Decreased
Nov 1, 2023 Listed by BHHS EWM Realty $14,500,000
Listed by BHHS EWM Realty
Oct 12, 2023 No longer available -
No longer available
Aug 17, 2023 Price Decreased $16,900,000
↓ $600K (3.4%)
Price Decreased
Aug 3, 2023 Price Decreased $17,500,000
↓ $450K (2.5%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Paver Block, On Street, No Trucks/Trailers
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 10
Master Bathroom Features: Bidet, Dual Sinks, Tub Only

Bedroom Information

Bedrooms: 8
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs

Interior Information

Interior Features: Second Floor Entry, Entrance Foyer, Pantry, Skylight, Split Bedroom, Volume Ceilings, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
Flooring Type: Ceramic Floor, Marble, Other
Door Features: High Impact Doors
Laundry Features: Utility Room/Laundry

Room Information

Dining Room Features: Breakfast Area, Eat-In Kitchen
Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Guest House, Media Room, Recreation Room, Utility Room/Laundry

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,305
  • Total Building Area: 9,055
  • Gross Building Area: 9,055
  • Building Area: 7,335
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,335
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FAIRHAVEN
  • Land Acres: 0.283
  • Legal Description 1: 14 15 54 41 FAIRHAVEN PB 8-120 LOT 5 BLK 3 LOT SIZE SITE VALUE OR 19723-1573 06/2001 1

Ownership

  • Current Owner : VARKI VIJAY G
  • Current Owner 2: VARKI JOLLY
  • Previous Owner : MODESTO ECHEZARRETA M
  • Previous Owner 2: MODESTO MARGARITA ECHEZARRETA
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006802

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 251
  • District: 01
  • Parcel: 01-4115-023-0280
  • Block: 3
  • Lot: 5
  • Meridian: SEC 15 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7381
  • Longitude: -80.2206

    Address

  • Full Address: 1740 S Bayshore Ln
  • Address - House Number: 1740
  • Street Direction: S
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miami
  • Carrier Code: C030
  • 4-Digit Zip Code: 4040
  • Zip Code: 33133

Valuation

    Tax

  • Total Area: 7,202
  • Tax Year: 2023
  • Tax Amount: $54,771
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,785,600
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 10, 2007
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $2,785,600
  • 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: Sep 01, 2037

    Market Valuation

  • Market Total Value: $6,849,948
  • Market Land Value: $5,537,250
  • Market Improvement Value: $1,312,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,456,673

    Sales

  • Current Sale Recording Date: Jun 15, 2001
  • Current Sale Transaction ID: 11459591550
  • Current Sale Price: $1,794,500
  • Current Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
9 Baths
6,890 ft²
$1,959/ft²
$13,500,000 Jun 15, 2023
-
$7,824/mo

About Northeast Coconut Grove


Similar Homes for Sale

Unit for sale at 3230 Crystal Court, Miami, FL 33133

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Nearby Rentals

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Unit for rent at 3400 Sw 27th Ave, Miami, FL, 33133

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Frequently Asked Questions

When was property at 1740 South Bayshore Lane built and last sold?
The property at 1740 South Bayshore Lane was built in 1990 and last sold on Jan 1, 1970 for $1,794,500.
How much is this home worth?
The estimated value of the home located at 1740 South Bayshore Lane is $13,130,000.
What are some comparable homes to 1740 South Bayshore Lane?
Homes that are comparable to 1740 South Bayshore Lane include a house property at 3230 Crystal Court, located in Miami, FL.

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