$413,000 - $484,000
RENTED AUG 15, 2024

Neo Lofts 10 SW South River Dr Unit 1109 Miami, FL 33130

Riverside Neighborhood
2 Beds
2 Baths
1,000 Sq Ft
2004 Built

Last Sold May 23, 2023

Last sale price $405,000 $405 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,916/month

Highlights

  • Valet Parking
  • River View
  • 1 Car Attached Garage
  • In Ground Pool
  • No HOA
  • 5-minute walk to Jose Marti Park

About This Home

As of August 2024

STUNNING 2-bedroom, 2-bathroom condo on the intercoastal with views of the iconic Miami Skyline. This NEWLY RENOVATED unit features updated stainless steel appliances, fully tiled bathrooms, and an in-unit washer/dryer. Enjoy the perks of NEO LOFTS, a FULL-amenities building with a Private dog park, 24-HOUR LOBBY CONCIERGE, Valet parking, secured garage, storage locker, gym, sauna, infinity-edge pool, tennis courts, business center, meditation area, an acclaimed Spanish restaurant onsite, and more. Perfectly situated near Brickell, Wynwood, Coral Gables, Coconut Grove, and direct access to I-95. The landlord is in the process of making some additional upgrades to the unit. Available to move-in ASAP. Don't miss out on this Must-See property!

Last Agent to Rent the Property

Christine Masseus

MMLS Assoc.-Inactive Member License #3510962 Listed on: 05/15/2024

MMLS Assoc.-Inactive Member

Last Renter's Agent

Alejandro Pis-Dudot, CPA

Coldwell Banker Realty License #3487743

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,941

Year Built

  • Built in 2004

Lot Details

  • River Front

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Property Views

Home Design

  • Substantially Remodeled

Interior Spaces

  • 1,000 Sq Ft Home
  • Combination Dining and Living Room
  • Concrete Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 7/1/24
  • 1 Year With Renewal Option,More Than 1 Year,12 Months Lease Term
  • Assessor Parcel Number 01-41-38-086-1180

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Neo Condo
  • Neo Condo Subdivision
  • 20-Story Property

Amenities

  • Valet Parking

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,941

Year Built

Built in 2004

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2024-07-01
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 20
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: NEO CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 20

Interior Features

  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 1000
  • Stories: 20
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other, Pool, River
  • Pool Features: In Ground, Hot Tub
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: NEO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-38-086-1180
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 6110
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
May 25, 2023
Sold by
Amca Holdings Inc
Bought by
Powell Zayquan Otis
Seller's Agent
Alexander Saieh
Midtown Realty Group, LLC
Buyer's Agent
Christine Masseus
MMLS Assoc.-Inactive Member
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Views
42
Current Estimated Value
$437,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,154
Avg. Annual Appreciation
3.60%
Original Mortgage
$384,750
Outstanding Balance
$375,345
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$61,809

Purchase Details

Closed on
Mar 20, 2015
Sold by
Us Bank National Association
Bought by
Amca Holdings Inc

Purchase Details

Closed on
Dec 26, 2014
Sold by
Laster Earlean
Bought by
U S Bank National Association

Purchase Details

Closed on
May 1, 2006
Sold by
Cortes Michael and Arango Gloria
Bought by
Laster Earlean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
9.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2004
Sold by
Neo I Llc
Bought by
Cortes Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,760
Interest Rate
6.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Powell Zayquan Otis $405,000 Assure America Title
Amca Holdings Inc $222,000 Premium Title Services Inc
U S Bank National Association $190,400 None Available
Laster Earlean $382,000 National Title Center Inc
Cortes Michael $244,700 Gulfstream Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Zayquan Otis $384,750
Previous Owner Laster Earlean $382,000
Previous Owner Cortes Michael $135,000
Previous Owner Cortes Michael $62,000
Previous Owner Cortes Michael $195,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Rented $2,850 0.0% --
07/06/2024 07/06/24 Price Changed $2,850 0.0% $3 / Sq Ft
07/06/2024 07/06/24 For Rent $2,850 -13.6% --
06/03/2024 06/03/24 Off Market $3,300 -- --
05/15/2024 05/15/24 For Rent $3,300 +4.8% --
03/13/2024 03/13/24 Rented $3,150 0.0% --
03/08/2024 03/08/24 Under Contract -- -- --
02/28/2024 02/28/24 Price Changed $3,150 -4.5% $3 / Sq Ft
01/26/2024 01/26/24 For Rent $3,300 0.0% --
05/23/2023 05/23/23 Sold $405,000 -2.4% $405 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $415,000 -- $415 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,941 $338,310 -- --
2024 $5,483 $338,310 -- --
2023 $5,483 $239,903 $0 $0
2022 $4,692 $218,094 $0 $0
2021 $4,213 $206,529 $0 $0
2020 $4,399 $206,529 $0 $0
2019 $4,409 $206,529 $0 $0
2018 $4,506 $215,134 $0 $0
2017 $4,557 $215,134 $0 $0
2016 $4,695 $215,134 $0 $0
2015 $4,556 $204,890 $0 $0
2014 $3,119 $123,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11587898

MIAMI REALTORS® MLS

APN: 01-4138-086-1180