by RH Advisors

Check Availability
$17,500,000
↓ $4M (18.6%)
House - For Sale

7837 Atlantic Way

Miami Beach, FL 33141
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2293 Sqft
$91,136
Estimated Monthly
$0
HOA / Fees
0.88%
Cap Rate

About This Property

Discover an exceptional opportunity to create your direct oceanfront masterpiece in Altos del Mar, Miami Beach. This expansive lot, spanning 16,000 sqft with 50ft of coveted waterfrontage, offers the canvas for realizing your contemporary gem just steps away from the Atlantic Ocean. Nestled on the east side of Collins Avenue, this prime location within the private gated community between 77th and 79th Streets provides exclusivity and the perfect setting for your vision. With private beach access and breathtaking ocean vistas, design and build the ultimate Miami Beach retreat, embracing the luxury and tranquility of this coveted enclave. Seize the chance to own this exceptional waterfront property where the allure of oceanfront living meets the opportunity to craft your ideal coastal home.
Unit Size
2,293Ft²
Days on Market
138 days
Land Size
0.37 acres
Price per sqft
$7,632
Property Type
House
Property Taxes
$5,208
HOA Dues
-
Year Built
1925
Listed By
Jill Hertzberg
Coldwell Banker Realty
Jill Eber
Coldwell Banker Realty
Last updated: 12 days ago (Miami MLS #A11504638)

Price History

Date / Event Date Event Price
Apr 15, 2024 Price Decreased $17,500,000
↓ $4M (18.6%)
Price Decreased
Dec 11, 2023 Listed by Coldwell Banker Realty $21,500,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details

Bathroom Information

Full Bathrooms: 3

Bedroom Information

Bedrooms: 5
Bedroom Features: At Least 1 Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, Other, Separate Guest/In-Law Quarters
Appliances: Other Equipment/Appliances
Flooring Type: Other

Room Information

Living Room Features: Separate Guest/In-Law Quarters, Guest House

Fireplace Information

Has Fireplace
Fireplace Features: Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1956
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,923
  • Gross Building Area: 2,923
  • Building Area: 2,293
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,293
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALTOS DEL MAR NO 1
  • Land Acres: 0.367
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2 53 42 ALTOS DEL MAR NO 1 PB 31-40 LOT 3 BLK 5 & PORT LYING EAST & ADJACENT WEST OF EROSION LINE PER PB 105-62 LOT SIZE 16000 SQ FT M/L OR 10228-0531 0973 5

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003909

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 164
  • District: 02
  • Parcel: 02-3202-004-0200
  • Block: 5
  • Lot: 3
  • Meridian: SEC 02 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8638
  • Longitude: -80.1203

    Address

  • Full Address: 7837 Atlantic Way
  • Address - House Number: 7837
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 2120
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 2,797
  • Tax Year: 2023
  • Tax Amount: $62,492
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 11, 2008
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2039

    Market Valuation

  • Market Total Value: $11,738,605
  • Market Land Value: $11,519,920
  • Market Improvement Value: $218,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,766,874

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
9 Baths
7,000 ft²
$2,286/ft²
$16,000,000 Feb 16, 2024
$16,000,000 Apr 11, 2024
$15,401/mo
House
6 Beds
10 Baths
8,548 ft²
$2,106/ft²
$18,000,000 Nov 4, 2022
$18,000,000 Apr 1, 2024
$4,739/mo
House
4 Beds
5 Baths
5,077 ft²
$3,545/ft²
$18,000,000 Jan 5, 2024
-
$8,355/mo
Land
Loft
-
-
$17,500,000 Dec 11, 2023
-
$5,208/mo

About North Shore


Similar Homes for Sale

Unit for sale at 7837 Atlantic Way, Miami Beach, FL 33141

$17,500,000

  • Land
7837 Atlantic Way, Miami Beach, FL 33141 Listing by Jill Hertzberg
Unit for sale at 1137 North Biscayne Point Road, Miami Beach, FL 33141

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  • 5 Baths
  • 5,077 ft²
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Nearby Rentals

Unit for rent at 7501 Byron Ave, Miami Beach, FL, 33141

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Frequently Asked Questions

When was property at 7837 Atlantic Way built and last sold?
The property at 7837 Atlantic Way was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7837 Atlantic Way is $17,675,000.
What are some comparable homes to 7837 Atlantic Way?
Homes that are comparable to 7837 Atlantic Way include a house property at 1137 North Biscayne Point Road, a land property at 7837 Atlantic Way, a commercial property at 235 78th Street.

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