See Home Value
$5,559,180*
House - Off Market

7838 Atlantic Way

Miami Beach, FL 33141
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
3854 Sqft
$4,950,000 - $6,050,000
Reference Base Price*
1.08%
Since Sep 1, 2023
FL-Miami
Primary Model
Sold Sep 03, 2020
$2,750,000
$2,337,500 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2050
Sold Mar 11, 2013
$2,310,000
$1,840,000 by Gibraltar Private Bank & Trust
Mortgage Due Apr 01, 2043

About This Property

Beach-lovers! Own 1 of only 23 homes in prestigious Altos Del Mar, a 24/7 guard-gated enclave situated East of Collins (same side of Collins as Four Seasons & St.Regis). Half the homes are $20M+ w/direct ocean views. Watch the waterfront sunrise, stroll/bike/jog along the boardwalk & dip your feet in the ocean water on a daily basis. Parks on either side of the gates provide add'l recreation. Beautifully appointed with limestone/wood floors, indoor/outdoor speakers w/Control 4 A/V system, volume ceilings, California closets in every room. Dine under the stars in the tranquil inner courtyard & entertain family/friends poolside with ample covered patio. 5 covered balconies, including a huge private terrace off the master, offer ample ways to enjoy the 2nd floor of this Mediterranean villa.

The manager has listed the unit size as 3854 square feet.
Unit Size
3,854Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,427
Property Type
House
Property Taxes
$3,471
HOA Dues
$1,416
Year Built
2010

Price History

Date / Event Date Event Price
Aug 10, 2023 No longer available -
No longer available
Jul 19, 2023 In contract -
In contract
May 17, 2023 Price Decreased $5,500,000
↓ $150K (2.7%)
Price Decreased
Mar 2, 2023 Price Decreased $5,650,000
↓ $350K (5.8%)
Price Decreased
Dec 29, 2022 Price Decreased $6,000,000
↓ $250K (4%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: E
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 320
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,514
  • Gross Building Area: 5,514
  • Building Area: 3,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALTOS DEL MAR NO 1
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALTOS DEL MAR NO 1 PB 31/40 LOT 2 BLK 12 LOT SIZE 50.000 X 125 OR 20962-2581 01 2003 5

Ownership

  • Current Owner : KANDEL GILL
  • Current Owner 2: KANDEL DONNA
  • Previous Owner : FLORIDA GIG PROPERTIES CORPORATION
  • Owner Before Previous Owner: ALTOS DEL MAR LTD
  • 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: 0100

Geography

  • Assessors Map Reference: 164
  • District: 02
  • Parcel: 02-3202-004-0530
  • Block: 12
  • Lot: 2
  • Meridian: SEC 02 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8639
  • Longitude: -80.1208

    Address

  • Full Address: 7838 Atlantic Way
  • Address - House Number: 7838
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 2307
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 4,306
  • Tax Year: 2023
  • Tax Amount: $41,747
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 39,688
  • High Value: 43,416
  • Low Value: 35,959

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,337,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $2,337,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $2,439,539
  • Market Land Value: $1,218,750
  • Market Improvement Value: $1,220,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,250,384

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11787533368
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0500829
  • Previous Sale Recording Date: Mar 11, 2013
  • Previous Sale Contract Date: Mar 08, 2013
  • Previous Sale Amount: $2,310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $2,337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GIBRALTAR PRIVATE BANK & TRUST
  • Previous Mortgage Transaction Date: Mar 11, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,840,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3.5 Baths
3,623 ft²
$1,544/ft²
$5,595,000 Jul 15, 2023
-
$4,552/mo
House
5 Beds
4.5 Baths
3,500 ft²
$1,600/ft²
$5,600,000 Apr 4, 2023
-
$1,905/mo
Condo
3 Beds
5.5 Baths
3,420 ft²
$1,681/ft²
$5,750,000 Feb 11, 2023
-
$12,818/mo
Condo
3 Beds
3.5 Baths
2,133 ft²
$2,344/ft²
$5,000,000 Mar 11, 2023
-
$11,497/mo
Condo
2 Beds
2.5 Baths
1,602 ft²
$2,996/ft²
$4,800,000 Feb 6, 2023
-
$9,460/mo
Commercial
Loft
-
-
$6,000,000 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 North Shore


Similar Homes for Sale

Unit for sale at 7643 Harding Avenue, Miami Beach, FL 33141

$4,579,000

  • Land
7643 Harding Avenue, Miami Beach, FL 33141 Listing by Avigail Gayer
Unit for sale at 7643 Harding Avenue, Miami Beach, FL 33141

$4,579,000

  • Commercial
7643 Harding Avenue, Miami Beach, FL 33141 Listing by Avigail Gayer
Unit for sale at 7610 Byron Avenue, Miami Beach, FL 33141

$6,000,000

  • Commercial
7610 Byron Avenue, Miami Beach, FL 33141 Listing by Laura Veitia

Nearby Rentals

Unit for rent at 6801 Collins Ave, Miami Beach, FL, 33141

$12,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,330 ft²
6801 Collins Ave #1402DOOR, Miami Beach, FL, 33141 Listing by Maria Fernan Martino
Unit for rent at 5845 N Bay Rd, Miami Beach, FL, 33140

$12,500 /mo

  • 4 Beds
  • 5 Baths
  • 2,634 ft²
5845 N Bay Rd, Miami Beach, FL, 33140 Listing by Bruno Ricci
Unit for rent at 6799 Collins Ave, Miami Beach, FL, 33141

$12,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,420 ft²
6799 Collins Ave #1005, Miami Beach, FL, 33141 Listing by Denis Bankovskii


Frequently Asked Questions

When was property at 7838 Atlantic Way built and last sold?
The property at 7838 Atlantic Way was built in 2010 and last sold on Aug 21, 2020 for $2,750,000.
How much is this home worth?
The estimated value of the home located at 7838 Atlantic Way is $5,221,026.
What are some comparable homes to 7838 Atlantic Way?
There are currently no comparable homes to 7838 Atlantic Way.

Quantcast