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$9,995,000

Beds
10
Baths
9.5
sq ft
8,573

1201 NE 83rd St, Miami, FL 33138

1201 NE 83rd St

Miami, FL 33138

  • 125 days on market
    • Price drop $505,000↓
Experience the epitome of luxury at this Mediterranean-style waterfront estate, featuring an impressive 140 ft of water-frontage. With striking 25 ft ceilings in the living room, this home offers 10BD/9.5 BA layout, including a spacious primary suite complete with a sitting area, walk-in closet, and two balconies offering breathtaking water views. The gourmet kitchen, boasting a large island and double appliances, seamlessly transitions into the bar area. The property also includes a charming 2 bed/1 bath guest cottage, an expansive pool with a cabana, and a summer kitchen for delightful alfresco dining, and a 4-car garage. Situated on an oversized lot, this estate is an entertainer's dream, offering direct open bay and ocean access.

Details

Property type

Single Family Residence

Est. home value

$9,288,870

Lot size

0.58 acres

Price per sq ft

$1,166

Year built

2010

Annual property taxes

$133,128

Price History

11/15/2024
SEF

SEF #A11620676

Price change
$9,995,000
-4.81%
10/07/2024
SEF

SEF #A11620676

Price change
$10,500,000
-8.7%
07/21/2024
SEF

SEF #A11620676

Listed
$11,500,000
+70.37%

Schools & Community

Neighborhood: 

Upper Eastside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Homebridge Financial Services Inc

Loan start date

December 2021

Original loan amount

$5,400,000

Est. remaining balance

$5,070,550

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

1201 83Rd Holdings Llc

Lender

Homebridge Financial Services Inc

Loan start date

December 2021

Original loan amount

$5,400,000

Est. remaining balance

$5,070,550

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

1201 83Rd Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 5:50 AM

Listing updated: 11/18/2024 at 6:05 PM

Listed by: Menachem Fellig, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11620676

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