by RH Advisors

See Home Value
$13,200,000
House - Off Market

650 Lake Rd

Miami, FL 33137
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2526 Sqft
$69,945
Estimated Monthly
$329
HOA / Fees
0.35%
Cap Rate

About This Property

650 Lake Rd is a boaters dream! Nestled at the end of the canal with unobstructed views over the "lake". It is a beautiful home, rental, or site to construct your dream come true. Available plans to add a second floor with Master Suite and multiple bedrooms on the ground floor are available if desired. The plans have already been approved by the association and are ready for city submittal. The house features an open floor plan, top of the line appliances, and a pool and patio area perfect for hosting friends and family with amazing views. The view of Bay Point Lake is breathtaking and makes this listing like no other in the area.
Unit Size
2,526Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$5,226
Property Type
House
Property Taxes
$4,801
HOA Dues
$329
Year Built
1950
Last updated: 2 months ago (Miami MLS #A11508483)

Price History

Date / Event Date Event Price
Apr 1, 2024 No longer available -
No longer available
Jan 4, 2024 Listed by All State Realty Corp $13,200,000
Listed by All State Realty Corp

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,740
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 980
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAY POINT
  • Land Acres: 0.293
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAY POINT PB 40-63 LOT 14 BLK 11 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 98.000 X 130 OR 19832-4645 07 2001 1 COC 23167-1516 03 2005 1

Ownership

  • Current Owner : VASCONEZ DANIELA MONTENEGRO
  • Previous Owner : 650 LAKE RESOURCES LLC
  • Owner Before Previous Owner: KOTALIK KEN A
  • Owner Before Previous Owner 2: KOTALIK GRACE
  • 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: 01-3219-008-1700
  • Block: 11
  • Lot: 14
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8216
  • Longitude: -80.1831

    Address

  • Full Address: 650 Lake Rd
  • Address - House Number: 650
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami
  • Carrier Code: C054
  • 4-Digit Zip Code: 3329
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 2,461
  • Tax Year: 2023
  • Tax Amount: $57,615
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 5,878,749
  • High Value: 6,948,313
  • Low Value: 4,809,184

    Market Valuation

  • Market Total Value: $4,132,771
  • Market Land Value: $3,630,900
  • Market Improvement Value: $501,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,826,124

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Transaction ID: 1590422366
  • Current Sale Price: $3,748,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017R0416762
  • Previous Sale Recording Date: Mar 15, 2005
  • Previous Sale Contract Date: Mar 12, 2005
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: KEN A KOTALIK
  • Previous Mortgage Transaction Date: Mar 15, 2005
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Mar 15, 2006



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
7,924 ft²
$1,641/ft²
$13,000,000 Jan 24, 2022
$13,000,000 Sep 29, 2023
$11,523/mo
House
5 Beds
5 Baths
3,814 ft²
$3,205/ft²
$12,222,000 Sep 26, 2023
-
$5,646/mo

About Northern Miami


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Unit for rent at 967 Ne 78th St, Miami, FL, 33138

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  • 1,710 ft²
967 Ne 78th St, Miami, FL, 33138 Listing by Juliana Ospina


Frequently Asked Questions

When was property at 650 Lake Road built and last sold?
The property at 650 Lake Road was built in 1950 and last sold on Jul 17, 2017 for $3,748,000.
How much is this home worth?
The estimated value of the home located at 650 Lake Road is $12,786,852.
What are some comparable homes to 650 Lake Road?
Homes that are comparable to 650 Lake Road include a house property at 575 Hibiscus Lane, 269 North Hibiscus Drive, which are both great to check out.

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