See Home Value
$5,031,397*
House - Off Market

2121 Regatta Ave

Miami Beach, FL 33140
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3276 Sqft
$4,050,000 - $4,950,000
Reference Base Price*
11.81%
Since Apr 1, 2022
FL-Miami
Primary Model
Sold Sep 19, 2023
$3,600,000
$1,800,000 by Eastern Fin'l Mortgage Corp
Mortgage Due Oct 01, 2024
Sold Jan 12, 2021
$1,960,000
$1,500,000 by Us Bank Na
Mortgage Due Jan 01, 2051

About This Property

WALK to Lincoln Road & Sunset Harbour from this Premier Location home on Sunset Island #4. Property is being sold with fully approved construction permits from City of Miami Beach for a complete remodeling of existing Mediterranean Villa. Available with completed plans for a total remodel as per Renderings. The existing home features a beautiful courtyard and foyer entry + living room with Formal dining, gourmet kitchen, luxurious master suite, office/library, 3 bedrooms with en-suite baths, family room, pool & lush landscape. The remodeling plans will add two additional Terraces on each floor totaling 750SF. Premier & hard to find location, located steps from major South Beach attractions on 24 hour guard gated Sunset Island #4.

The manager has listed the unit size as 3276 square feet.
Unit Size
3,276Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$1,374
Property Type
House
Property Taxes
$1,513
HOA Dues
$2,000
Year Built
1940

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold $3,600,000
Sold
Mar 20, 2022 No longer available -
No longer available
Mar 19, 2022 Relisted $4,500,000
Relisted
Jan 18, 2022 No longer available -
No longer available
Oct 19, 2021 Listed $4,500,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,276
  • Gross Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET ISLANDS-NO 4
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET ISLANDS-NO 4 PB 40-8 W60FT LOTS 4 & 5 BLK 4D LOT SIZE 60.000 X 120 OR 20234-4255 02 2002 1 COC 22862-2479 11 2004 1

Ownership

  • Current Owner : THERMAL HARBOR 2121 LLC
  • Previous Owner : ALLENBERG MICHAEL
  • Previous Owner 2: ALLENBERG ALEXANDRA NEFF
  • Owner Before Previous Owner: ROBINSON JEFFREY J
  • Owner Before Previous Owner 2: ROBINSON KARYN S
  • Ownership Rights Codes: unknown
  • 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: 02-3228-001-2230
  • Block: 4D
  • Lot: 4,5
  • Meridian: SEC 28 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7975
  • Longitude: -80.1429

    Address

  • Full Address: 2121 Regatta Ave
  • Address - House Number: 2121
  • Address - Street Name: Regatta
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 4543
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 2,907
  • Tax Year: 2023
  • Tax Amount: $31,481
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 4,173,523
  • High Value: 4,928,661
  • Low Value: 3,418,385

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,400,000
  • First Open Lien Mortgage Lender: EASTERN FIN'L MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 19, 2023
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2024
  • Second Open Lien Mortgage Lender: BIMIJA LIMITED PARTNERSHIP
  • Second Open Lien Mortgage Recording Date: Mar 11, 2024
  • Second Open Lien Mortgage Loan Amount: $600,000
  • Second Open Lien Mortgage Term: 24
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2026

    Market Valuation

  • Market Total Value: $3,095,987
  • Market Land Value: $2,664,000
  • Market Improvement Value: $431,987

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,707,111

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Transaction ID: 11913615290
  • Current Sale Price: $3,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 659840
  • Previous Sale Recording Date: Jan 12, 2021
  • Previous Sale Contract Date: Dec 09, 2020
  • Previous Sale Amount: $1,960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN FIN'L MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 19, 2023
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Oct 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jan 12, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,274 ft²
$1,220/ft²
$3,995,000 Aug 23, 2022
-
$1,052/mo
House
4 Beds
3 Baths
2,826 ft²
$1,378/ft²
$3,895,000 Feb 28, 2023
-
$2,630/mo
House
6 Beds
5 Baths
3,884 ft²
$1,386/ft²
$5,385,000 Feb 17, 2023
-
$3,283/mo
Condo
4 Beds
4 Baths
2,246 ft²
$2,182/ft²
$4,900,000 Feb 14, 2023
-
$4,735/mo
House
2 Beds
2 Baths
1,554 ft²
$2,477/ft²
$3,850,000 Nov 15, 2022
-
$1,925/mo
Condo
3 Beds
3.5 Baths
2,691 ft²
$1,594/ft²
$4,290,000 Aug 23, 2022
-
$620/mo
Condo
3 Beds
3.5 Baths
2,269 ft²
$1,851/ft²
$4,199,000 Dec 31, 2022
-
$6,818/mo
Condo
3 Beds
3.5 Baths
2,269 ft²
$1,851/ft²
$4,200,000 Mar 4, 2023
-
$6,796/mo
Condo
2 Beds
2.5 Baths
2,282 ft²
$1,862/ft²
$4,250,000 Dec 1, 2022
-
$3,233/mo
Condo
3 Beds
3.5 Baths
1,820 ft²
$2,197/ft²
$3,999,000 Feb 18, 2023
-
$4,768/mo
Condo
2 Beds
2 Baths
1,565 ft²
$2,620/ft²
$4,100,000 Dec 2, 2022
-
$9,143/mo
Condo
2 Beds
2 Baths
1,565 ft²
$2,364/ft²
$3,700,000 Jan 3, 2022
-
$8,879/mo

About Bayshore


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Frequently Asked Questions

When was property at 2121 Regatta Avenue built and last sold?
The property at 2121 Regatta Avenue was built in 1940 and last sold on Sep 5, 2023 for $3,600,000.
How much is this home worth?
The estimated value of the home located at 2121 Regatta Avenue is $4,545,000.
What are some comparable homes to 2121 Regatta Avenue?
There are currently no comparable homes to 2121 Regatta Avenue.

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