See Home Value
$6,913,937*
House - Off Market

4245 Lake Rd

Miami, FL 33137
bedrooms
Studio
bathrooms
0 Bath
square feet
5617 Sqft
$4,275,000 - $5,225,000
Reference Base Price*
45.56%
Since May 1, 2021
FL-Miami
Primary Model
Sold Apr 21, 2021
$4,400,000
$3,000,000 by Sprout Mortgage Llc
Mortgage Due May 01, 2051

About This Property

RARE PRIME PROPERTY WITH 92 FEET OF WATERFRONT AND UNOBSTRUCTED ACCESS TO BISCAYNE BAY LOCATED IN SOUGHT AFTER BAY POINT - A TRULLY PRIVATE GATED COMMUNITY. BOAT DOCK INCLUDES 2X 30AMP. GRANDFATHERED DAVITS IN PLACE + RETAINING WALL. This east facing 16,051 SF lot sits 7 houses away from the open Bay and offers a protected harbor with dream water views & uninterrupted coastal breeze (canal is 100' wide). This exclusive coveted community offers private roads patrolled by 3 security guards 24/7. Perfect for families looking to be near the best private schools in Miami! Existing 5 beds, 5.5 baths + pool French inspired home can be rented or occupied during design and city plans phase. Close to the Beach, Design District, Downtown, Brickell, Midtown, Wynwood, Museum and Art's District.

The manager has listed the unit size as 5617 square feet.
Unit Size
5,617Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$846
Property Type
House
Property Taxes
$1,244
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Apr 21, 2021 Sold to Jorge L Dona $4,400,000
Sold to Jorge L Dona
Apr 2, 2021 No longer available -
No longer available
Feb 26, 2021 No longer available -
No longer available
Jul 5, 2020 Listed $4,750,000
Listed
Feb 17, 2020 Listed $4,750,000
Listed
Colonial homes are having a moment: renovate or build your own definition of luxury on this tranquil setting w/ 92 feet of water frontage in highly sought-after private gated Bay Point. Enjoy breathtaking panoramas of Biscayne Bay from this french inspired residence. Complimented by oversized 16,051 sf lot, this 1960s charm is perfect for a family searching for character! Private large housekeeping quarter, +/- 800sf open space 2nd floor w/ bath (ideal for playroom, guest suites, office…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,051
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 910
  • Total Building Area: 5,617
  • Gross Building Area: 5,617
  • Building Area: 4,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAY POINT
  • Land Acres: 0.369
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAY POINT PB 40-63 LOT 24 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 91.200 X 176 OR 14376-1649 1289 1

Ownership

  • Current Owner : DONA JORGE L
  • Previous Owner : SCHOU MICHAEL J
  • Previous Owner 2: LAMBERT LYNDALL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 175
  • District: 01
  • Parcel: 01-3219-008-0620
  • Block: 3
  • Lot: 24
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.818
  • Longitude: -80.184

    Address

  • Full Address: 4245 Lake Rd
  • Address - House Number: 4245
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami
  • Carrier Code: C054
  • 4-Digit Zip Code: 3334
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 4,634
  • Tax Year: 2023
  • Tax Amount: $92,959
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 6,171,894
  • High Value: 7,364,206
  • Low Value: 4,979,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 21, 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: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $4,952,603
  • Market Land Value: $4,574,535
  • Market Improvement Value: $378,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,286,604

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Transaction ID: 11833766695
  • Current Sale Price: $4,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0276684

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 21, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northern Miami


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Frequently Asked Questions

When was property at 4245 Lake Road built and last sold?
The property at 4245 Lake Road was built in 1959 and last sold on Apr 12, 2021 for $4,400,000.
How much is this home worth?
The estimated value of the home located at 4245 Lake Road is $4,701,186.
What are some comparable homes to 4245 Lake Road?
There are currently no comparable homes to 4245 Lake Road.

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