by RH Advisors

See Home Value
$3,400,000
House - Off Market

2935 N Bay Rd

Miami Beach, FL 33140
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2130 Sqft
$18,942
Estimated Monthly
$0
HOA / Fees
3.03%
Cap Rate

About This Property

Unique opportunity to own a meticulously maintained 4 bedrooms plus living room pus dining room / 3 bathrooms  pool home in the prestigious lower part of North Bay Road.

Gorgeous extensive outdoor area surrounded by rich tropical vegetation . This house sits on a oversized 11,200 sf lot offering many possibilities. Rebuild, expand or renovate . This property is surrounded by multi million dollars mansions in the most exclusive area of Miami Beach.
Unit Size
2,130Ft²
Days on Market
180 days
Land Size
0.26 acres
Price per sqft
$1,761
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1942
Last updated: 3 months ago (Miami MLS #A11429861)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold $3,400,000
Sold
Nov 29, 2023 In contract -
In contract
Aug 4, 2023 Listed by Douglas Elliman $3,750,000
Listed by Douglas Elliman

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,157
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 915
  • Total Building Area: 2,810
  • Gross Building Area: 2,810
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AMD PLAT OF SUNSET LAKE SUB
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AMD PLAT OF SUNSET LAKE SUB PB 8-52 LOT 42 BLK 9 LOT SIZE 91.450 X 122 OR 14389-1894 0190 5

Ownership

  • Current Owner : SPEAR DANIEL
  • Previous Owner : CERMINARA LILLI LUCIANA
  • Ownership Rights Codes: Single/unmarried man

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: 02-3227-008-0380
  • Block: 9
  • Lot: 42
  • Meridian: SEC 27 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8061
  • Longitude: -80.1395

    Address

  • Full Address: 2935 N Bay Rd
  • Address - House Number: 2935
  • Street Direction: N
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 3810
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 2,482
  • Tax Year: 2023
  • Tax Amount: $6,593
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 4,618,178
  • High Value: 5,453,770
  • Low Value: 3,782,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,210,000
  • First Open Lien Mortgage Lender: SYNOVUS BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,210,000
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $3,699,283
  • Market Land Value: $3,347,485
  • Market Improvement Value: $351,798

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,033

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Transaction ID: 11920572559
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 83834

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: Feb 01, 2024
  • First Mortgage Loan Amount: $2,210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    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
5 Beds
5 Baths
3,655 ft²
$821/ft²
$3,000,000 May 10, 2023
$3,000,000 Aug 14, 2023
$2,284/mo
Condo
3 Beds
4 Baths
2,826 ft²
$1,239/ft²
$3,500,000 Aug 14, 2023
$3,500,000 Sep 15, 2023
$6,047/mo
Condo
2 Beds
3 Baths
2,520 ft²
$1,478/ft²
$3,725,000 Sep 8, 2023
$3,725,000 Nov 21, 2023
$6,597/mo
House
6 Beds
5 Baths
3,926 ft²
$771/ft²
$3,025,000 Sep 19, 2023
$3,025,000 Feb 5, 2024
$420/mo
House
7 Beds
9 Baths
5,846 ft²
$547/ft²
$3,200,000 Jul 28, 2023
$3,200,000 Nov 28, 2023
$2,580/mo
House
4 Beds
5 Baths
2,103 ft²
$1,662/ft²
$3,495,000 Dec 27, 2023
-
$2,975/mo
House
4 Beds
4 Baths
2,257 ft²
$1,529/ft²
$3,450,000 Jan 27, 2024
-
$3,532/mo
House
4 Beds
4.5 Baths
1,908 ft²
$1,572/ft²
$3,000,000 Jan 31, 2024
-
$2,689/mo
House
4 Beds
5 Baths
2,862 ft²
$1,074/ft²
$3,075,000 Sep 28, 2023
-
$801/mo
House
4 Beds
4 Baths
3,281 ft²
$1,280/ft²
$4,199,000 Sep 5, 2023
-
$917/mo
House
4 Beds
5 Baths
3,543 ft²
$1,099/ft²
$3,895,000 Nov 1, 2023
-
$967/mo
House
5 Beds
5 Baths
2,680 ft²
$1,418/ft²
$3,799,000 Jan 24, 2024
-
$2,125/mo

About Bayshore


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Frequently Asked Questions

When was property at 2935 North Bay Road built and last sold?
The property at 2935 North Bay Road was built in 1942 and last sold on Jan 30, 2024 for $3,400,000.
How much is this home worth?
The estimated value of the home located at 2935 North Bay Road is $3,771,023.
What are some comparable homes to 2935 North Bay Road?
Homes that are comparable to 2935 North Bay Road include a house property at 3747 Royal Palm Avenue, 4505 North Michigan Avenue, 3760 Royal Palm Avenue.

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