See Home Value
$6,548,901*
House - Off Market

450 W Dilido Dr

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4469 Sqft
$4,635,000 - $5,665,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Dec 04, 2020
$5,100,000
$6,000,000 by Td Bank Na
Mortgage Due Apr 01, 2052
Sold Jul 30, 1997
$723,000
$500,000 by Citibank Federal Savings Bank
Mortgage

About This Property

Positioned on 10,980 Sq. Ft. waterfront Lot on Di Lido Island, 450 W Dilido Dr. presents a development opportunity with City of Miami Beach pre-approved demolition and approved plans designed by Kobi Karp. The proposed home boasts 5,425sf of living area, 5 Bedrooms and 5.5 Bathroom and includes a Roof Deck accessible by elevator and a two-car garage. Entertain in Style in your pool deck with jacuzzi and summer kitchen, along your 60Ft. of waterfrontage.

The manager has listed the unit size as 4469 square feet.
Unit Size
4,469Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$1,152
Property Type
House
Property Taxes
$1,098
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 5, 2020 In contract -
In contract
Oct 15, 2020 Price Decreased $5,150,000
↓ $350K (6.4%)
Price Decreased
Aug 6, 2020 Listed $5,500,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 5
  • Full Bathrooms: 4
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,469
  • Gross Building Area: 4,469
  • Building Area: 4,281
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,281
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: DI LIDO ISLAND
  • Land Acres: 0.241
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: DI LIDO ISLAND PB 8-36 LOT 4 & 8FT STRIP CONTIG TO SAME ON BAY BLK 3 LOT SIZE 60.000 X 175 OR 17732-0181 0797 1

Ownership

  • Current Owner : 450 WEST LLC
  • Previous Owner : 450 W DILIDO LLC
  • Owner Before Previous Owner: JOSEPH
  • Owner Before Previous Owner 2: MERRILL CHRISTEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004102

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 182
  • District: 02
  • Parcel: 02-3232-011-0330
  • Block: 3
  • Lot: 4
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7915
  • Longitude: -80.1599

    Address

  • Full Address: 450 W Dilido Dr
  • Address - House Number: 450
  • Street Direction: W
  • Address - Street Name: Dilido
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 1163
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 3,978
  • Tax Year: 2023
  • Tax Amount: $124,360
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2778
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 60
  • Final Value: 4,092,510
  • High Value: 5,229,773
  • Low Value: 2,955,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,000,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $6,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $9,450,000
  • Market Land Value: $9,450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,005,386

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11809366936
  • Current Sale Price: $5,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0699411
  • Previous Sale Recording Date: Jul 30, 1997
  • Previous Sale Amount: $723,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 30, 1997
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,353 ft²
$1,491/ft²
$5,000,000 Oct 27, 2023
$5,000,000 Feb 27, 2024
$526/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
Condo
3 Beds
4 Baths
2,894 ft²
$1,330/ft²
$3,850,000 Feb 16, 2024
$3,850,000 Mar 12, 2024
$7,938/mo
Condo
3 Beds
4 Baths
2,691 ft²
$1,630/ft²
$4,387,500 Nov 8, 2023
$4,387,500 Apr 3, 2024
$7,952/mo
Condo
3 Beds
4 Baths
2,720 ft²
$1,507/ft²
$4,100,000 Sep 12, 2022
$4,100,000 Mar 7, 2024
$140/mo
House
4 Beds
5 Baths
2,741 ft²
$2,114/ft²
$5,795,000 Dec 4, 2023
-
$3,313/mo
House
3 Beds
4 Baths
2,743 ft²
$1,732/ft²
$4,750,000 Nov 28, 2023
-
$3,819/mo
House
3 Beds
3 Baths
2,344 ft²
$2,410/ft²
$5,650,000 Mar 11, 2024
-
$3,604/mo
House
3 Beds
3 Baths
2,003 ft²
$2,144/ft²
$4,295,000 Jan 10, 2024
-
$2,461/mo
Condo
2 Beds
5 Baths
2,364 ft²
$2,071/ft²
$4,895,000 Nov 19, 2023
-
$5,522/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 450 West Di Lido Drive built and last sold?
The property at 450 West Di Lido Drive was built in 1940 and last sold on Nov 23, 2020 for $5,100,000.
How much is this home worth?
The estimated value of the home located at 450 West Di Lido Drive is $5,555,000.
What are some comparable homes to 450 West Di Lido Drive?
There are currently no comparable homes to 450 West Di Lido Drive.

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