by RH Advisors

See Home Value
$8,299,000
House - Off Market

714 NE 59th St

Miami, FL 33137
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
4125 Sqft
$42,242
Estimated Monthly
$0
HOA / Fees
2.39%
Cap Rate

About This Property

Truly one of a kind, this 1924 architectural jewel in historic Morningside has been restored to perfection and is on the market for the first time since 2000. "Le Jardin" well named for its luscious, magnificently landscaped gardens has an architectural authenticity rarely found. Le Jardin has high impact windows, Spanish barrel tile roof, terracotta & wood floors, arched windows, beautiful lighting fixtures (2 exclusions), beam ceilings, sunroom, courtyards, secret nooks, fountains & statuary in the exquisite gardens, patterned Chicago brick driveway & terraces, gazebo, salt water pool & so much more. 5 bedrooms, 4 full & 2 1/2 baths. One master 1st floor & other master on 2nd floor. The details in this exquisite residence are too many to mention. One must experience them. 24 hour notice.
Unit Size
4,125Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$2,012
Property Type
House
Property Taxes
$1,492
HOA Dues
-
Year Built
1924
Last updated: 4 months ago (Miami MLS #A11295220)

Price History

Date / Event Date Event Price
Jan 11, 2024 No longer available -
No longer available
May 6, 2023 Price Decreased $8,299,000
↓ $201K (2.4%)
Price Decreased
Dec 3, 2022 Price Decreased $8,500,000
↓ $1M (13.3%)
Price Decreased
Nov 29, 2022 Price Decreased $9,800,000
↓ $200K (2%)
Price Decreased
Nov 4, 2022 Listed by One Sothebys International Realty $10,000,000
Listed by One Sothebys International Realty
Truly one of a kind, this 1924 architectural jewel in historic Morningside has been restored to perfection and is on the market for the first time since 2000. "Le Jardin" well named for its luscious, magnificently landscaped gardens has an architectural authenticity rarely found. Le Jardin has high impact windows, Spanish barrel tile roof, terracotta & wood floors, arched windows, beautiful lighting fixtures (2 exclusions), beam ceilings, sunroom, courtyards, secret nooks, fountains…

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,317
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 1,718
  • Total Building Area: 4,993
  • Gross Building Area: 4,993
  • Building Area: 4,257
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,257
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE UNIT NO 2
  • Land Acres: 0.466
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYSHORE UNIT NO 2 PB 9-98 LOTS 4 & 5 & N1/2 OF LOT 6 BLK 10 LOT SIZE 20317 SQ FT OR 19347-0246 09 2000 1

Ownership

  • Current Owner : MATZ RUBEN
  • Current Owner 2: MATZ GLADYS
  • Previous Owner : ANDERSON EDGAR H
  • Previous Owner 2: ANDERSON MARTINE C
  • Owner Before Previous Owner: PRAY MARK W
  • Owner Before Previous Owner 2: PIELOW LYNN 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: 174
  • District: 01
  • Parcel: 01-3218-036-0090
  • Block: 10
  • Lot: 4,5,6
  • Meridian: SEC 18 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8299
  • Longitude: -80.1812

    Address

  • Full Address: 714 Ne 59th St
  • Legal Unit: 2
  • Address - House Number: 714
  • Street Direction: NE
  • Address - Street Name: 59th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C062
  • 4-Digit Zip Code: 2326
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 4,203
  • Tax Year: 2023
  • Tax Amount: $18,886
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,864,319
  • High Value: 4,570,998
  • Low Value: 3,157,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,230,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Open Lien Mortgage Recording Date: Feb 10, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,230,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2047

    Market Valuation

  • Market Total Value: $2,886,106
  • Market Land Value: $2,336,473
  • Market Improvement Value: $549,633

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $861,121

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Nov 01, 2000
  • Current Sale Transaction ID: 11459535294
  • Current Sale Price: $735,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 24, 1997
  • Previous Sale Amount: $398,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN BANK
  • Previous Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,334 ft²
$2,123/ft²
$9,200,000 Jun 5, 2023
-
$4,030/mo
House
6 Beds
8 Baths
6,574 ft²
$1,514/ft²
$9,950,000 Jun 12, 2023
-
$6,784/mo
Land
Loft
-
-
$8,112,000 Jun 4, 2023
-
$810/mo
Commercial
Loft
-
-
$9,000,000 Jun 1, 2023
-
$3,788/mo

About Northern Miami


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Frequently Asked Questions

When was property at 714 Northeast 59th Street built and last sold?
The property at 714 Northeast 59th Street was built in 1924 and last sold on Jan 1, 1970 for $735,000.
How much is this home worth?
The estimated value of the home located at 714 Northeast 59th Street is $8,381,990.
What are some comparable homes to 714 Northeast 59th Street?
Homes that are comparable to 714 Northeast 59th Street include a house property at 4380 Lake Road, 4225 Lake Road, 237 Northeast 54th Street.

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