by RH Advisors

See Home Value
$5,600,000
House - Off Market

7745 Noremac Ave

Miami Beach, FL 33141
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3500 Sqft
$29,333
Estimated Monthly
$6
HOA / Fees
3.89%
Cap Rate

About This Property

Luxurious waterfront living awaits in Miami Beach. This stunning property boasts generous 10,500 sq ft lot with an impressive 70 ft of water frontage & no fixed bridges. The spacious home offers 5 bedrooms & 4.5 bathrooms across its expansive 3,500 living sq ft. Step inside to find a beautifully designed interior featuring high-end finishes throughout. Entertain guests in open-plan living area or take the party outside to enjoy the sparkling pool and breathtaking views of the waterway. With 2 car garage, you'll have plenty of space for your vehicles and toys alike. Set on one of Miami's most coveted streets, this property is sure to impress even the most discerning buyer looking for luxury waterfront living in paradise. Don't miss your chance to own this exceptional piece of real estate.
Unit Size
3,500Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$1,600
Property Type
House
Property Taxes
$1,830
HOA Dues
$6
Year Built
1950
Last updated: 5 months ago (Miami MLS #A11366507)

Price History

Date / Event Date Event Price
Dec 18, 2023 No longer available -
No longer available
Jul 21, 2023 Price Decreased $5,600,000
↓ $400K (6.7%)
Price Decreased
Apr 28, 2023 Price Decreased $5,999,999
↓ $200K (3.2%)
Price Decreased
Apr 4, 2023 Listed by The Inside Network $6,200,000
Listed by The Inside Network
Luxurious waterfront living awaits in Miami Beach. This stunning property boasts generous 10,500 sq ft lot with an impressive 70 ft of water frontage & no fixed bridges. The spacious home offers 5 bedrooms & 4.5 bathrooms across its expansive 3,500 living sq ft. Step inside to find a beautifully designed interior featuring high-end finishes throughout. Entertain guests in open-plan living area or take the party outside to enjoy the sparkling pool and breathtaking views of the…
Aug 10, 2018 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1978
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,750
  • Gross Building Area: 4,750
  • Building Area: 3,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BISCAYNE POINT
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BISCAYNE POINT PB 14-35 LOT 5 & N10FT LOT 4 BLK 14 LOT SIZE 70.000 X 150 OR 16819-2138 0695 1

Ownership

  • Current Owner : KREMERS KLAUS FRANZ
  • Current Owner 2: KREMERS BRITTA
  • Previous Owner : 7745 NOREMAC LLC
  • Owner Before Previous Owner: ENRIQUEZ JORGE
  • Owner Before Previous Owner 2: ENRIQUEZ ESTHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003912

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 165
  • District: 02
  • Parcel: 02-3203-001-2820
  • Block: 14
  • Lot: 5,4
  • Meridian: SEC 03 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8627
  • Longitude: -80.1294

    Address

  • Full Address: 7745 Noremac Ave
  • Address - House Number: 7745
  • Address - Street Name: Noremac
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 1747
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 4,344
  • Tax Year: 2023
  • Tax Amount: $27,901
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 4,006,655
  • High Value: 4,726,806
  • Low Value: 3,286,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $972,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Nov 14, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $972,000
  • 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: Dec 01, 2048

    Market Valuation

  • Market Total Value: $2,016,754
  • Market Land Value: $1,680,313
  • Market Improvement Value: $336,441

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,094,306

    Sales

  • Current Sale Contract Date: Aug 08, 2018
  • Current Sale Recording Date: Aug 14, 2018
  • Current Sale Transaction ID: 11498937254
  • Current Sale Price: $1,215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0493641
  • Previous Sale Recording Date: Aug 20, 2014
  • Previous Sale Contract Date: Aug 04, 2014
  • Previous Sale Amount: $1,060,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • Previous Mortgage Transaction Date: Aug 20, 2014
  • Previous Mortgage Loan Amount: $689,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
3,900 ft²
$1,231/ft²
$4,800,000 Jul 29, 2023
-
$1,528/mo
House
5 Beds
4 Baths
5,228 ft²
$1,147/ft²
$5,995,000 Mar 21, 2023
-
$1,998/mo
House
3 Beds
3.5 Baths
3,623 ft²
$1,544/ft²
$5,595,000 Jul 15, 2023
-
$4,552/mo
Condo
4 Beds
3.5 Baths
2,636 ft²
$1,897/ft²
$5,000,000 Feb 24, 2023
-
$4,036/mo
House
3 Beds
2 Baths
2,311 ft²
$2,120/ft²
$4,900,000 Jun 30, 2023
-
$2,087/mo
Condo
3 Beds
3.5 Baths
2,278 ft²
$2,634/ft²
$6,000,000 Dec 7, 2022
-
$4,121/mo
Commercial
Loft
-
-
$5,700,000 Mar 11, 2023
-
$181/mo
Commercial
Loft
-
-
$4,579,000 May 4, 2023
-
$2,114/mo
Land
Loft
-
-
$4,579,000 Apr 11, 2023
-
$2,114/mo

About Biscayne Point


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Frequently Asked Questions

When was property at 7745 Noremac Avenue built and last sold?
The property at 7745 Noremac Avenue was built in 1950 and last sold on Aug 8, 2018 for $1,215,000.
How much is this home worth?
The estimated value of the home located at 7745 Noremac Avenue is $5,656,000.
What are some comparable homes to 7745 Noremac Avenue?
Homes that are comparable to 7745 Noremac Avenue include a house property at 7590 Bayside Lane, 1825 Daytonia Road, 7830 Atlantic Way.

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