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$12,995,000

Beds
6
Baths
7.0
sq ft
5,671

1995 NE 118th Rd, North Miami, FL 33181

1995 NE 118th Rd

North Miami, FL 33181

  • 55 days on market
Immaculate Point Lot Home on the open bay in gated San Souci Estates that has been renovated to perfection. Upon entry, you’re greeted by a foyer & great room which boasts soaring 20' ceilings offering an abundance of natural light. Comprised of a 5-suite main residence featuring a chef's kitchen, spacious living areas, waterfront dining plus a versatile guest house. Upstairs is dedicated to the primary suite which features a gallery hall, walk-in closet & dressing room, and expansive terrace overlooking Biscayne bay. Retractable glass doors bring the outdoors inside, offering the quintessential Miami lifestyle. Outdoor features a resort pool setting, Summer kitchen, and covered loggia. This rare 18,253 SF point lot boasts 264' of Biscayne Bay frontage and panoramic skyline views.

Details

Property type

Single Family Residence

Est. home value

$12,577,088

Lot size

0.42 acres

Price per sq ft

$2,292

Year built

1972

Annual property taxes

$197,860

Price History

05/07/2024
SEF

SEF #A11582428

Listed
$12,995,000
-3.38%
04/03/2024
SEF

SEF #A11522076

Removed
$13,450,000
01/30/2024
SEF

SEF #A11522076

Listed
$13,450,000
+26.89%

Schools & Community

Neighborhood: 

Sans Souci

Elementary school: 

Bryan; William J.

Middle school: 

David Lawrence Jr K-8

High school: 

Alonzo and Tracy Mourning Sr. High

Community features: 

Sidewalks

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

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$5,800,000

Est. remaining balance

Not provided

Interest rate

1.62%

Loan type

New Conventional, 30 year

Seller

David Reimer and April Reimer

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$5,800,000

Est. remaining balance

Not provided

Interest rate

1.62%

Loan type

New Conventional, 30 year

Seller

David Reimer and April Reimer

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: 06/30/2024 at 10:35 PM

Listing updated: 06/18/2024 at 2:33 PM

Listed by: Devin Kay, Douglas Elliman Phone #: (305) 677-5000

MLS: SEF #A11582428

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