Notable sales / buy side waterfront

2085 Ixora Rd, North Miami, FL 33181

With 75 feet of frontage on an intersecting canal in Keystone Point, this house sold for $2,300,000. It was $200,000 under its list price, a discount earned by a five-week delay while the seller’s estate was settled.

By Marina MelnikovaSunSt Real EstateNovember 2025
The deal
List price
$2,500,000
Sale price
$2,300,000
We represented
Buyer
Living area
2,620 SF
Price per SF
$878
Beds / baths
4 / 4
Lot
8,550 SF
Year built
1955
Property type
Single-Family, Canal Front
County
Miami-Dade
Days to contract
55 days
Closed
November 2025

Transactions shown were closed by Marina Melnikova while licensed with BB Realty. 1991 NE 123rd St #1991 was co-represented with Jelena Grady, Trust Invest Real Estate Corp. Marina Melnikova is now a licensed sales associate with SunSt Real Estate LLC. Listing data is deemed reliable but not guaranteed. Client names and details are withheld at the clients' direction.

2085 Ixora Rd, North Miami, Florida
2085 Ixora Rd, North Miami, FL 33181, North Miami, Miami-Dade County.SunSt Real Estate

The Asset

The house was the simple part of the equation. It had four bedrooms, four baths, and 2,620 square feet on a single level. The home was built in 1955 in the gated community of Keystone Point, on a 75-by-114-foot lot. Its grounds offered 75 feet of frontage on an intersecting canal, with a deeded dock and a boat lift. There were no fixed bridges to obstruct access to open salt water. A heated 35-by-15-foot pool had a spa. The kitchen range and the backup generator ran on gas. For a certain kind of buyer, a house like this ends the search.

The Complication

Every difficulty resided on the seller’s side of the closing table. The property's title was entangled in a probate and guardianship process, which subjected the sale to court approvals on a schedule no party could control. There were open permits. Contractors moved at their own pace. The closing date was extended more than once, and midway through the transaction, the title company itself changed.

The Negotiation

Marina Melnikova represented the buyers. Her work over those months was to keep five groups aligned and moving forward: her clients, the listing agent, the title professionals, the estate attorneys, and the contractors responsible for closing out the permits. She tracked documents daily. Each request for an extension was a point of negotiation, not a simple acceptance. The contract set a closing for September 30, 2025. The transaction ultimately funded on November 5. The original list price was $2,500,000; the final sale price was $2,300,000. Those five weeks of delay were worth a $200,000 discount to a seller who needed the deal done, and that discount was available only to a buyer with the patience to see the court process through.

2085 Ixora Rd, North Miami, Florida — photo 2
2085 Ixora Rd, North Miami, Florida — photo 2SunSt Real Estate
The property
Questions
What did 2085 Ixora Rd sell for?
$2,300,000, against a list price of $2,500,000, at roughly $878 per square foot.
What is a probate or guardianship sale and why does it take longer?
When an owner has died or is under guardianship, the sale needs court authority before it can close. Approvals move on the court schedule, so firm dates become estimates and extensions are routine rather than a warning sign.
How did the open permits affect the closing?
Permits pulled but never inspected out have to be resolved before a clean transfer. Closing that work out required contractor coordination and was one reason the timeline extended.
Does SunSt provide legal advice on probate transactions?
No. SunSt is a real estate brokerage. Marina identifies the issue, asks the right questions early, and coordinates licensed Florida attorneys and title professionals who handle the legal work.

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