by RH Advisors

See Home Value
$10,500,000
House - Off Market

2957 Flamingo Dr

Miami Beach, FL 33140
bedrooms
7 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
5568 Sqft
$62,905
Estimated Monthly
$0
HOA / Fees
2.15%
Cap Rate

About This Property

Please text Isaac Lustgarten at for any questions.
Unit Size
5,568Ft²
Days on Market
179 days
Land Size
0.38 acres
Price per sqft
$2,128
Property Type
House
Property Taxes
$4,719
HOA Dues
-
Year Built
1925
Last updated: 2 months ago (Miami MLS #A11447333)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold $10,500,000
Sold
Feb 5, 2024 In contract -
In contract
Feb 5, 2024 Price Decreased $11,850,000
↓ $1M (7.8%)
Price Decreased
Dec 7, 2023 Price Decreased $12,850,000
↓ $1M (7.2%)
Price Decreased
Oct 31, 2023 Price Decreased $13,850,000
↓ $1M (6.7%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1995
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,400
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,478
  • Gross Building Area: 6,478
  • Building Area: 5,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLAMINGO TERRACE
  • Land Acres: 0.377
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FLAMINGO TERRACE LOT 6 BLK 3 PB 10-3 LOT SIZE 100.000 X 164

Ownership

  • Current Owner : YESHARIM BABA JOSHUA
  • Previous Owner : LEHMANN MARC
  • Previous Owner 2: KIM JEAN
  • Owner Before Previous Owner: DEVECHT GAYLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 178
  • District: 02
  • Parcel: 02-3226-002-0190
  • Block: 3
  • Lot: 6
  • Meridian: SEC 26 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8069
  • Longitude: -80.1264

    Address

  • Full Address: 2957 Flamingo Dr
  • Address - House Number: 2957
  • Address - Street Name: Flamingo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3916
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 5,391
  • Tax Year: 2023
  • Tax Amount: $58,236
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 6,805,189
  • High Value: 8,036,488
  • Low Value: 5,573,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: BISCAYNE BANK
  • First Open Lien Mortgage Recording Date: Jul 07, 2017
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $5,195,000
  • Market Land Value: $4,428,438
  • Market Improvement Value: $766,562

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,437,585

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Transaction ID: 1590092664
  • Current Sale Price: $3,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017R0386314
  • Previous Sale Recording Date: Jan 07, 2014
  • Previous Sale Contract Date: Dec 20, 2013
  • Previous Sale Amount: $2,975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BISCAYNE BANK
  • First Mortgage Transaction Date: Jul 07, 2017
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
7 Baths
6,104 ft²
$1,720/ft²
$10,500,000 May 3, 2023
$10,500,000 Aug 22, 2023
$2,380/mo
House
5 Beds
8 Baths
5,320 ft²
$1,786/ft²
$9,500,000 Nov 29, 2023
$9,500,000 Mar 4, 2024
$6,785/mo
House
6 Beds
7 Baths
4,441 ft²
$2,032/ft²
$9,025,000 Sep 23, 2023
$9,025,000 Jan 29, 2024
$7,326/mo
House
5 Beds
6 Baths
6,250 ft²
$1,500/ft²
$9,375,000 Aug 25, 2023
$9,375,000 Feb 12, 2024
$7,137/mo
House
5 Beds
7 Baths
4,625 ft²
$2,108/ft²
$9,750,000 Sep 26, 2023
$9,750,000 Jan 17, 2024
$1,799/mo
Condo
3 Beds
3 Baths
2,903 ft²
$3,019/ft²
$8,765,000 Oct 3, 2023
$8,765,000 Dec 11, 2023
$13,956/mo
House
6 Beds
6 Baths
5,248 ft²
$2,475/ft²
$12,990,000 Jan 1, 2024
-
$5,225/mo
House
6 Beds
6 Baths
4,330 ft²
$2,263/ft²
$9,800,000 Jun 13, 2022
-
$5,318/mo
House
6 Beds
5 Baths
4,821 ft²
$2,157/ft²
$10,400,000 Dec 12, 2023
-
$3,071/mo
House
5 Beds
6 Baths
4,862 ft²
$2,108/ft²
$10,250,000 Jan 2, 2024
-
-
House
5 Beds
7 Baths
5,363 ft²
$2,517/ft²
$13,500,000 Jan 30, 2024
-
$8,633/mo
House
11 Beds
10 Baths
6,954 ft²
$1,437/ft²
$9,995,000 Dec 5, 2023
-
$6,110/mo

About Bayshore


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Frequently Asked Questions

When was property at 2957 Flamingo Drive built and last sold?
The property at 2957 Flamingo Drive was built in 1925 and last sold on Jun 21, 2017 for $3,200,000.
How much is this home worth?
The estimated value of the home located at 2957 Flamingo Drive is $14,998,500.
What are some comparable homes to 2957 Flamingo Drive?
There are currently no comparable homes to 2957 Flamingo Drive.

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