by RH Advisors

Check Availability
$4,950,000
↓ $200K (3.9%)
House - For Sale

2550 Flamingo Dr

Miami Beach, FL 33140
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3725 Sqft
$29,395
Estimated Monthly
$0
HOA / Fees
1.19%
Cap Rate

About This Property

Architectural Charm meets Modern Sophistication in this meticulously remodeled Art Deco gem. Indulge in luxury in this beautifully furnished, move-in-ready 4 BDR/ 4 BA Russell Pancoast masterpiece. Spacious living areas, formal dining, media room, & office, seamlessly blend historic charm w/ modern elegance.  Impact windows & doors throughout, Control4 system, new baths, HVAC, & chef's kitchen. Beautiful staircase w/ elaborate tile design takes you to the 2nd floor featuring 2 bedrooms including a lavish Primary suite w/ elaborate bath, walk-in closets, & outdoor terrace. The lush tropical backyard oasis offers a saltwater pool, summer kitchen, patio for lounging, & total privacy. Perfectly located, this rare gem offers Miami Beach living at its finest.
Unit Size
3,725Ft²
Days on Market
90 days
Land Size
0.25 acres
Price per sqft
$1,329
Property Type
House
Property Taxes
$5,090
HOA Dues
-
Year Built
1936
Listed By
Last updated: 2 months ago (Miami MLS #A11522932)

Price History

Date / Event Date Event Price
Mar 19, 2024 Price Decreased $4,950,000
↓ $200K (3.9%)
Price Decreased
Jan 30, 2024 Listed by BHHS EWM Realty $5,150,000
Listed by BHHS EWM Realty
Dec 14, 2023 No longer available -
No longer available
Oct 18, 2023 Price Decreased $4,995,000
↓ $505K (9.2%)
Price Decreased
Apr 21, 2023 Listed by Compass Florida, LLC. $5,500,000
Listed by Compass Florida, LLC.
Step into this beautifully remodeled Russell Pancoast art deco gem, located on tranquil Flamingo Drive offered fully furnished & move-in ready. The spacious 4 bd. & 4.5 bath home recently updated w/impact glass windows, Control4 system, new baths, HVAC, & modern chef's kitchen, offers great living space, breakfast room, formal dining, media room & office. The beautiful staircase w/ intricate tile design wall will take you to the Master suite w/ opulent bath, 2 walk-in…
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 4
Master Bathroom Features: Bidet, Separate Tub & Shower

Bedroom Information

Bedrooms: 4
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs

Interior Information

Interior Features: First Floor Entry, Walk-In Closet(s), Den/Library/Office
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Wood

Room Information

Dining Room Features: Breakfast Area, Formal Dining
Living Room Features: Den/Library/Office

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,724
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,989
  • Gross Building Area: 3,989
  • Building Area: 3,725
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,725
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FLAMINGO TERRACE EXT
  • Land Acres: 0.246
  • Legal Description 1: 27 53 42 FLAMINGO TERRACE EXT PB 38-61 LOT 10 BLK 8 LOT SIZE 80.030 X 134 COC 25293-3502 01 2007 1

Ownership

  • Current Owner : MIAMI BLUE LLC
  • Previous Owner : MAUCERI FRANK
  • Previous Owner 2: MAUCERI LISA
  • Owner Before Previous Owner: SUTCLIFFE MARK
  • Owner Before Previous Owner 2: SUTCLIFFE SIOBHAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004105

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 179
  • District: 02
  • Parcel: 02-3227-012-0160
  • Block: 8
  • Lot: 10
  • Meridian: SEC 27 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8026
  • Longitude: -80.128

    Address

  • Full Address: 2550 Flamingo Dr
  • Address - House Number: 2550
  • Address - Street Name: Flamingo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 4315
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 3,366
  • Tax Year: 2023
  • Tax Amount: $61,075
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 5,043,559
  • High Value: 5,939,552
  • Low Value: 4,147,566

    Market Valuation

  • Market Total Value: $3,701,088
  • Market Land Value: $2,695,106
  • Market Improvement Value: $1,005,982

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,974,461

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11836277387
  • Current Sale Price: $3,450,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021R0331724
  • Previous Sale Recording Date: Oct 31, 2016
  • Previous Sale Contract Date: Oct 25, 2016
  • Previous Sale Amount: $2,150,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
4,480 ft²
$893/ft²
$4,000,000 Jul 17, 2023
$4,000,000 Nov 8, 2023
$499/mo
House
3 Beds
4 Baths
2,403 ft²
$2,164/ft²
$5,200,000 Jan 10, 2023
$5,200,000 Oct 13, 2023
$197/mo
House
5 Beds
7 Baths
4,910 ft²
$927/ft²
$4,550,000 Jun 22, 2023
$4,550,000 Oct 16, 2023
$3,376/mo
Condo
3 Beds
5 Baths
2,250 ft²
$2,067/ft²
$4,650,000 Aug 25, 2023
$4,650,000 Dec 29, 2023
$8,247/mo
House
4 Beds
4 Baths
3,281 ft²
$1,280/ft²
$4,199,000 Sep 5, 2023
-
$917/mo
House
4 Beds
4 Baths
3,353 ft²
$1,566/ft²
$5,250,000 Oct 27, 2023
-
$526/mo
House
4 Beds
4 Baths
3,750 ft²
$1,600/ft²
$6,000,000 Mar 6, 2023
-
$1,322/mo
House
4 Beds
3 Baths
2,104 ft²
$2,258/ft²
$4,750,000 Feb 5, 2024
-
$439/mo
House
5 Beds
3 Baths
3,447 ft²
$1,668/ft²
$5,750,000 Feb 10, 2023
-
$1,241/mo
House
3 Beds
3 Baths
2,799 ft²
$1,608/ft²
$4,500,000 Aug 28, 2023
-
$3,978/mo
Condo
4 Beds
4 Baths
3,200 ft²
$1,656/ft²
$5,300,000 Feb 3, 2024
-
$10,706/mo
House
3 Beds
2 Baths
2,651 ft²
$2,037/ft²
$5,400,000 Jan 23, 2024
-
$3,487/mo

About Bayshore


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Frequently Asked Questions

When was property at 2550 Flamingo Drive built and last sold?
The property at 2550 Flamingo Drive was built in 1936 and last sold on Apr 30, 2021 for $3,450,000.
How much is this home worth?
The estimated value of the home located at 2550 Flamingo Drive is $5,061,948.
What are some comparable homes to 2550 Flamingo Drive?
Homes that are comparable to 2550 Flamingo Drive include a house property at 1800 Jefferson Avenue, 1728 Lenox Avenue, 3485 North Meridian Avenue.

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