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$11,900,000

Beds
9
Baths
9.0
sq ft
Unknown

270 Atlantic Ave, Sunny Isles Beach, FL 33160

270 Atlantic Ave

Sunny Isles Beach, FL 33160

  • 415 days on market
    • Price drop $1,000,000↓
One of a kind Mediterranean Oasis in the heart of Sunny Isles Beach. Custom built and expanded on by its current owner, Civil Engineer and Founding Father of Sunny Isles. Truly stunning waterfront estate situated on one of the largest parcel available in Sunny Isles Beach. Step off your boat onto your own private island or take a stroll to the neighborhoods private beach access. Featuring three separate independent dwellings, this estate offers accommodations for family, friends, and staff. 8420 Sq ft under air featuring 9 bedrooms, 5 of which with on suite accommodations, 8 full bathrooms, 2 half baths, 4 kitchens (3 indoor, 1 outdoor), and more! 1/1 Guest House, 2/2 + Den in law suite, and 6 bedrooms in the main. Property extends 65 feet beyond the sea wall providing additional dockage.

Details

Property type

Single Family Residence

Est. home value

$7,226,192

Lot size

0.38 acres

Price per sq ft

Unknown

Year built

2009

Annual property taxes

$27,657

Price History

02/05/2024
SEF

SEF #A11438703

Price change
$11,900,000
-7.75%
08/18/2023
SEF

SEF #A11438703

Listed
$12,900,000

Schools & Community

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

Nationwide Equities Corporation

Loan start date

April 2021

Original loan amount

$5,124,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 84 year

Seller

Daniel Iglesias and Daniel Iglesias Living Trust

Lender

Nationwide Equities Corporation

Loan start date

April 2021

Original loan amount

$5,124,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 84 year

Seller

Daniel Iglesias and Daniel Iglesias Living Trust

Lender

Option One Mortgage Corp

Loan start date

June 2003

Original loan amount

$585,000

Est. remaining balance

$280,442

Interest rate

5.82%

Loan type

Not Provided, 30 year

Seller

Daniel Iglesias

Lender

Option One Mortgage Corp

Loan start date

June 2003

Original loan amount

$585,000

Est. remaining balance

$280,442

Interest rate

5.82%

Loan type

Not Provided, 30 year

Seller

Daniel Iglesias

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: 10/05/2024 at 8:00 PM

Listing updated: 09/30/2024 at 5:38 PM

Listed by: Brandon Ramos, Sustainable RE, LLC. Phone #: (305) 510-4613

MLS: SEF #A11438703

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