by RH Advisors

Check Availability
$7,350,000
House - For Sale

2051 N Bay Rd

Miami Beach, FL 33140
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3575 Sqft
$42,393
Estimated Monthly
$0
HOA / Fees
0.56%
Cap Rate

About This Property

Immerse yourself in this meticulously curated home boasting exceptional entertainment areas, elegant travertine stone walls, & a cutting-edge kitchen. Upstairs, discover 3 suites, including an expansive principal bedroom w/ a luxurious marble bath & private furnished terrace. The boutique principal closet by Ornare adds a touch of sophistication. A unique media room is complete w/ professional acoustics and a refined ambiance. Seamlessly blending indoors w/ outdoors, enjoy the tranquil koi-fish pond & heated multi-level pool/jacuzzi. Just steps away from the vibrant offerings of Sunset Harbour, w/ the closest proximity to the city's best coffee shops, yoga studios, gyms, juice bars, bakeries & restaurants. The lot directly behind located on Alton Rd is available separately.
Unit Size
3,575Ft²
Days on Market
30 days
Land Size
0.17 acres
Price per sqft
$2,056
Property Type
House
Property Taxes
$6,303
HOA Dues
-
Year Built
2020
Listed By
Last updated: 5 days ago (Miami MLS #A11563709)

Price History

Date / Event Date Event Price
Apr 2, 2024 Listed by Coldwell Banker Realty $7,350,000
Listed by Coldwell Banker Realty
Apr 1, 2024 No longer available -
No longer available
Jan 18, 2024 Price Decreased $7,899,000
↓ $451K (5.4%)
Price Decreased
Nov 2, 2023 Price Decreased $8,350,000
↓ $100K (1.2%)
Price Decreased
Sep 19, 2023 Price Decreased $8,450,000
↓ $400K (4.5%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 5
Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Bedroom Information

Bedrooms: 4
Bedroom Features: Primary Bedroom Upstairs

Interior Information

Interior Features: First Floor Entry, Built-in Features, Family Room, Media Room
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
Flooring Type: Other, Tile

Room Information

Dining Room Features: Eat-In Kitchen, Family/Dining Combination
Living Room Features: Family Room, Media Room

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 7,475
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 613
  • Total Building Area: 4,332
  • Gross Building Area: 4,332
  • Building Area: 3,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET LAKE SUB AMD PL
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET LAKE SUB AMD PL PB 8-52 LOT 27 & THE NE1.27FT OF LOT 28 BLK 16 LOT SIZE 61.270 X 122 OR 21289-1781 05/2003 1

Ownership

  • Current Owner : ALSALOUSSI ESTATE LLC
  • Previous Owner : BOUCHAREB JAMIL
  • Owner Before Previous Owner: GEISLER STARLETT A
  • Owner Before Previous Owner 2: GEISLER STEPHEN JOHN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004106

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 179
  • District: 02
  • Parcel: 02-3227-008-1630
  • Block: 16
  • Lot: 27,28
  • Meridian: SEC 27 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7978
  • Longitude: -80.1395

    Address

  • Full Address: 2051 N Bay Rd
  • Address - House Number: 2051
  • Street Direction: N
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 4564
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 3,659
  • Tax Year: 2023
  • Tax Amount: $75,635
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 6,222,217
  • High Value: 7,348,036
  • Low Value: 5,096,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $4,319,763
  • Market Land Value: $2,242,760
  • Market Improvement Value: $2,077,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,828,333

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11841698649
  • Current Sale Price: $4,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0436283
  • Previous Sale Recording Date: Jun 09, 2016
  • Previous Sale Contract Date: May 24, 2016
  • Previous Sale Amount: $1,215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,961 ft²
$1,500/ft²
$5,940,000 Sep 19, 2023
$5,940,000 Jan 9, 2024
$1,277/mo
Condo
4 Beds
5 Baths
4,535 ft²
$1,764/ft²
$8,000,000 Jun 16, 2023
$8,000,000 Jan 9, 2024
$14,288/mo
House
7 Beds
5 Baths
3,795 ft²
$1,823/ft²
$6,920,000 Jul 27, 2023
$6,920,000 Mar 6, 2024
$5,910/mo
Condo
3 Beds
4 Baths
3,317 ft²
$1,839/ft²
$6,100,000 Dec 19, 2022
$6,100,000 Feb 8, 2024
$7,794/mo
House
6 Beds
7 Baths
4,200 ft²
$1,452/ft²
$6,100,000 Mar 12, 2023
$6,100,000 Oct 31, 2023
$1,244/mo
Condo
3 Beds
4 Baths
3,418 ft²
$1,843/ft²
$6,300,000 Nov 28, 2023
$6,300,000 Feb 29, 2024
$13,180/mo
House
4 Beds
4 Baths
3,750 ft²
$1,600/ft²
$6,000,000 Mar 6, 2023
-
$1,322/mo
House
4 Beds
5 Baths
4,544 ft²
$1,739/ft²
$7,900,000 Jan 16, 2024
-
$1,363/mo
House
5 Beds
6 Baths
4,680 ft²
$1,699/ft²
$7,950,000 Sep 6, 2023
-
$6,494/mo
Condo
3 Beds
3 Baths
4,750 ft²
$1,579/ft²
$7,500,000 Nov 9, 2023
-
$11,637/mo
Condo
3 Beds
4 Baths
2,970 ft²
$2,088/ft²
$6,200,000 Jan 27, 2024
-
$6,367/mo
House
6 Beds
7 Baths
5,725 ft²
$1,284/ft²
$7,350,000 Mar 18, 2024
-
$3,247/mo

About Bayshore


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Frequently Asked Questions

When was property at 2051 North Bay Road built and last sold?
The property at 2051 North Bay Road was built in 2020 and last sold on May 28, 2021 for $4,350,000.
How much is this home worth?
The estimated value of the home located at 2051 North Bay Road is $7,352,167.
What are some comparable homes to 2051 North Bay Road?
Homes that are comparable to 2051 North Bay Road include a house property at 1728 Lenox Avenue, 1530 West 27th Street, 2211 Meridian Avenue.

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