See Home Value
$55,000,000*
Land - Off Market

8000 East Dr

North Bay Village, FL 33141
bedrooms
Studio
bathrooms
0 Bath
$49,500,000 - $60,500,000
Reference Base Price*
0.00%
Since Dec 1, 2023
FL-Miami
Primary Model
Sold Nov 22, 2023
$47,700,000
$32,000,000 by Cre Ti Llc
Mortgage Due Apr 30, 2025

About This Property

Biscayne Sea Club Redevelopment Site is Compromised of three parcels totaling approximately 3+/ acres located on the northeast-end of Harbor Island in North Bay Village, Florida. It is currently occupied by Biscayne Sea Club, a cooperative 51 unit condo, Citing Unobstructed Water Views of Biscayne Bay. Zone to build approx 70 units per acre with available TDR's from the city to build approx up to 300 units in total.

Biscayne Sea Club Community (51 unit Co-Op Association) have voted to accept offers from potential developers who see the potential in developing. Approximately 134,860 square feet and BEAUTIFUL WATERFRONT SITE. This site consists of three folios 23-3, 23-3, 23-3 along with 51 condos, 8 boat slips and parking site.
Unit Size
-
Days on Market
-
Land Size
3.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Nov 22, 2023 Sold $47,700,000
Sold
Nov 8, 2023 No longer available -
No longer available
Mar 30, 2023 In contract -
In contract
Dec 10, 2022 Relisted $55,000,000
Relisted
Nov 28, 2022 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Building Style: Condo
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,200
  • Total Building Area: 1,756
  • Gross Building Area: 1,756
  • Building Area: 1,756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,756
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR ISLAND
  • Land Acres: 0.051
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 8-9 53 42 HARBOR ISLAND PB 44-72 BEG 160FTN & 160FTW OF SE COR OF TR B W40FT N55FT E40FT S55FT TO POB LOT SIZE 2200 SQUARE FEET NAS COMMON AREA FOR BAY WATER CONDO PER CASE NO 05-23596-CA-22

Ownership

  • Current Owner : TREASURE ISLAND DEVELOPMENT COMPANY LLC
  • Previous Owner : BAY-FOUR INC
  • Previous Owner 2: BISCAYNE SEA CLUB INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH BAY VIL
  • Census Tract: 003918

Zoning

  • Zoning: 4000

Geography

  • Assessors Map Reference: 170
  • District: 23
  • Subdivision Tract Number: B
  • Parcel: 23-3209-001-0023
  • Block: B
  • Meridian: SEC 09 TWN 53S RNG 42E
  • Municipality: NORTH BAY VILLAGE
  • Latitude: 25.8542
  • Longitude: -80.1576

    Address

  • Full Address: 8000 East Dr
  • Address - House Number: 8000
  • Address - Street Name: East
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: North Bay Village
  • Carrier Code: C028
  • 4-Digit Zip Code: 4143
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 1,592
  • Tax Year: 2023
  • Tax Amount: $22
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 2300

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 60
  • Final Value: 454,813
  • High Value: 581,368
  • Low Value: 328,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,000,000
  • First Open Lien Mortgage Lender: CRE TI LLC
  • First Open Lien Mortgage Recording Date: Nov 22, 2023
  • First Open Lien Mortgage Loan Amount: $32,000,000
  • First Open Lien Mortgage Term: 16
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 30, 2025

    Market Valuation

  • Market Total Value: $1,000
  • Market Land Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,000
  • Assessed Land Value: $1,000

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Nov 22, 2023
  • Current Sale Transaction ID: 11917546471
  • Current Sale Price: $47,700,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 839032

    Last Sale Mortgage

  • First Mortgage Lender: CRE TI LLC
  • First Mortgage Transaction Date: Nov 22, 2023
  • First Mortgage Loan Amount: $32,000,000
  • First Mortgage Terms: 16
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 30, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Bay Village


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Frequently Asked Questions

When was property at 8000 East Drive built and last sold?
The property at 8000 East Drive was built in 1955 and last sold on Oct 31, 2023 for $47,700,000.
How much is this home worth?
The estimated value of the home located at 8000 East Drive is $55,550,000.
What are some comparable homes to 8000 East Drive?
Homes that are comparable to 8000 East Drive include a condo property at 7928 East Drive, 1881 79th Street Causeway, 7900 Harbor Island Drive.

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