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Sold for $10,300,000
    • $10,300,000

    1221 W 48th St, Miami Beach, FL 33140

    5beds
    5,863sqft
    Single Family Residence
    Built in 1929
    0.37 Acres Lot
    $11,821,200 Zestimate®
    $1,757/sqft
    $61,451 Estimated rent

    Home value

    $11,821,200

    $10.40M - $13.59M

    $61,451/mo

    Zestimate® history
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    What's special

    Dive into bliss at 1221 W 48th Street nestled on 100 FT of waterfront! Fully-renovated, $350k+ in upgrades, move-in ready & can be fully turnkey. Modern Mediterranean villa boasts 5 beds/5.5 baths + an office. Oak floors, arched doorways & windows unveil water views. Gather by the fireplace or entertain in the TV lounge w/ a built-in bar, ice maker, fridge & sink. Chef's kitchen features Miele appliances & marble countertops. Primary suite includes dual walk-in closets, reading nook, dual vanities & oversized soaking tub. French doors blur the lines between interior & exterior spaces. Auto-blinds offer privacy & light control. Fire up the cabana BBQ w/ ice maker or play on the pro putting green. Outdoor cabana w/ shower. 2-car garage. New dock w/ shore power can accommodate a 70 FT yacht.

    Zillow last checked:

    Listing updated:

    Listed by:

    Darin Tansey darin.tansey@elliman.com,

    Douglas Elliman,

    Marc Brandt 954-445-3033,

    Douglas Elliman

    Bought with:

    Alyssa Morgan Ende PA, 3302039

    The Inside Network

    Source: MIAMI,MLS#: A11532892MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other, Electric Range, Refrigerator, Washer
    Features
    • Bar, Built-in Features, Kitchen Island, Other, Walk-In Closet(s)
    • Flooring: Marble, Other, Wood
    • Doors: High Impact Doors, French Doors
    • Windows: Clear Impact Glass, Arched Windows, Blinds, Drapes, High Impact Windows
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 6,805
    • Total interior livable area: 5,863 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Other
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Patio & porch: Awning(s), Deck, Patio
    • Exterior features: Barbecue, Built-in Barbecue, Lighting, Other, Awning(s)
    • Has private pool: Yes
    • Pool features: Heated, Other
    • Has view: Yes
    • View description: Bay, Canal, Other, Pool, Water
    • Has water view: Yes
    • Water view: Bay,Canal,Water
    • Waterfront features: Ocean Access, Canal Front, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 100
    Lot
    • Size: 0.37 Acres
    • Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
    Details
    • Parcel number: 0232220110510
    • Zoning: 0100
    • Other equipment: Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Curved/S-Tile Roof
    Condition
    • Updated/Remodeled
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Security: Smoke Detector
    • Subdivision: Nautilus Sub
    HOA
    • Has HOA: No
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,757/sqft
    • Tax assessed value: $9,571,193
    • Annual tax amount: $153,627
    • Date on market: 2/22/2024
    • Listing terms: All Cash,Conventional
    • Road surface type: Paved Road

    Price history

    DateEventPrice
    9/18/2024Sold$10,300,000-13.8%$1,757/sqft
    Source: MIAMI #A11532892 Report a problem
    7/30/2024Listing removed--
    Source: MIAMI #A11588776 Report a problem
    7/15/2024Pending sale$11,950,000$2,038/sqft
    Source: Douglas Elliman #A11532892 Report a problem
    7/15/2024Contingent$11,950,000$2,038/sqft
    Source: MIAMI #A11532892 Report a problem
    6/3/2024Price change$75,000-6.3%$13/sqft
    Source: MIAMI #A11588776 Report a problem
    5/16/2024Listed for rent$80,000+6.7%$14/sqft
    Source: MIAMI #A11588776 Report a problem
    4/9/2024Price change$11,950,000-4.4%$2,038/sqft
    Source: MIAMI #A11532892 Report a problem
    2/22/2024Listed for sale$12,500,000-3.1%$2,132/sqft
    Source: MIAMI #A11532892 Report a problem
    2/10/2024Listing removed$12,900,000$2,200/sqft
    Source: Douglas Elliman #A11516096 Report a problem
    1/18/2024Listing removed--
    Source: MIAMI #A11459685 Report a problem
    1/17/2024Listed for sale$12,900,000$2,200/sqft
    Source: MIAMI #A11516096 Report a problem
    10/2/2023Listing removed--
    Source: MIAMI #A11435440 Report a problem
    9/27/2023Listed for rent$75,000$13/sqft
    Source: MIAMI #A11459685 Report a problem
    4/10/2023Listed for sale$12,900,000$2,200/sqft
    Source: MIAMI #A11369399 Report a problem
    4/8/2023Listing removed$12,900,000$2,200/sqft
    Source: MIAMI #A11319364 Report a problem
    3/9/2023Price change$12,900,000-7.2%$2,200/sqft
    Source: MIAMI #A11319364 Report a problem
    2/7/2023Price change$13,900,000-5.8%$2,371/sqft
    Source: MIAMI #A11319364 Report a problem
    12/28/2022Listed for sale$14,750,000+55.3%$2,516/sqft
    Source: MIAMI #A11319364 Report a problem
    11/9/2021Sold$9,500,000+175.4%$1,620/sqft
    Source: Public Record Report a problem
    6/10/2019Sold$3,450,000-9.2%$588/sqft
    Source: Public Record Report a problem
    3/21/2019Pending sale$3,800,000$648/sqft
    Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10611441 Report a problem
    2/2/2019Listed for sale$3,800,000+655.3%$648/sqft
    Source: Coldwell Banker Residential Real Estate #A10611441 Report a problem
    1/3/2019Sold$503,100-88.7%$86/sqft
    Source: Public Record Report a problem
    10/1/2018Listing removed$4,449,000$759/sqft
    Source: Weichert Realtors Best Beach R #A10427782 Report a problem
    5/15/2018Price change$4,449,000-8.2%$759/sqft
    Source: Miami Beach - WEICHERT, REALTORS - Best Beach Real Estate #A10427782 Report a problem
    3/2/2018Listed for sale$4,849,000+38.5%$827/sqft
    Source: Miami Beach - WEICHERT, REALTORS - Best Beach Real Estate #A10427782 Report a problem
    6/3/2014Sold$3,500,000+105.9%$597/sqft
    Source: Public Record Report a problem
    4/8/2005Sold$1,700,000$290/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$179,557 +14.1%$9,571,193 +13.7%
    2024$157,376 +2.4%$8,416,144 +3%
    2023$153,628 +3.6%$8,171,014 +3%
    2022$148,281 +108.3%$7,933,024 +115.2%
    2021$71,191 -0.4%$3,687,101 -0.1%
    2020$71,465 -0.2%$3,691,441 -0.1%
    2019$71,619 +19.3%$3,695,782 +14.3%
    2018$60,040 $3,233,945 +2.1%
    2017$60,040 +0.8%$3,167,429 +2.1%
    2016$59,540 -1.2%$3,102,282 +0.7%
    2015$60,236 +9.9%$3,080,717 +32.2%
    2014$54,817 +29%$2,330,983 +12.3%
    2012$42,506 +4.6%$2,076,510 +5.7%
    2011$40,650 -12%$1,963,820 -6.2%
    2010$46,217 +9.1%$2,094,460 +1.7%
    2009$42,353 +1.9%$2,058,858 0%
    2007$41,556 +22.3%$2,059,811
    2006$33,992 --
    2005$33,992 +215.7%--
    2004$10,766 +3.2%--
    2003$10,429 +2.5%--
    2002$10,172 --
    2001$10,172 --
    Find assessor info on the county website

    Neighborhood: Nautilus

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    Estimated market value
    $11,821,200
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    Estimated market value
    $11,821,200

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