$3,650,000
SOLD APR 11, 2014
2 Beds
2.5 Baths
1,757 Sq Ft
$1,985/mo HOA Fee

Recently Sold

$2,077 Per Sq Ft

8% Below List Price

272 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Property has ocean access
  • 2-minute walk to South Pointe Park

About This Home

As of April 2014

Pure Beach Front! Unobstructed views of the Atlantic Ocean at the most sought after address in South Beach. Split floor design with 2 bedroom, 2.5 baths and large balcony accessible by both bedrooms and living room. Brazilian maple and marble floors. Buil ding Amenities are unmatched in SOBE, 3 tennis courts, 1 lagoon/ lap pool, 25,000 square feet gym and new poolside restaurant delivering to your residence or lounge chair on the beach.

Last Agent to Sell the Property

Giorgio Vecchi

Douglas Elliman License #3077796 Listed on: 05/28/2013

Douglas Elliman

Last Buyer's Agent

Diana Carulla

Douglas Elliman License #0675138

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,699

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $1,985 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,757 Sq Ft Home

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Location

  • East of U.S. Route 1

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-262-2580

Community Details

Overview

  • Continuum South Condos
  • Continuum South Subdivision
  • 40-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Community Center
  • Party Room
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,699

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,985 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Continuum South
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1757
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Continuum South
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 1985
  • Amenities: Bike Storage, Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-262-2580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1985

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 29699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Wallred Corp
Bought by
Sanel Inc
Total Days on Market
272
Current Estimated Value
$5,543,592

Purchase Details

Listed on
May 28, 2013
Closed on
Mar 28, 2014
Sold by
Pisati Angelo Giuliano
Bought by
Wallred Corp
Seller's Agent
Giorgio Vecchi
Douglas Elliman
Buyer's Agent
Diana Carulla
Douglas Elliman
List Price
$3,975,000
Sold Price
$3,650,000
Premium/Discount to List
-$325,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Apr 15, 2008
Sold by
Vecchi Giorgio and Cocconcelli Marta
Bought by
Giuliano Angelo Pisati

Purchase Details

Closed on
Jan 8, 2003
Sold by
South Beach Ocean Parcel Ltd
Bought by
Vecchi Giorgio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,600
Interest Rate
6.16%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,200,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $1,875,000 Attorney
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $573,600 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2020 08/01/20 Rented $12,000 0.0% --
07/02/2020 07/02/20 Off Market $12,000 -- --
03/24/2020 03/24/20 For Rent $12,000 0.0% --
04/04/2019 04/04/19 Rented $12,000 0.0% --
02/21/2019 02/21/19 For Rent $12,000 +26.3% --
09/01/2017 09/01/17 Rented $9,500 -5.0% --
08/25/2017 08/25/17 Under Contract -- -- --
05/04/2017 05/04/17 For Rent $10,000 -9.1% --
10/27/2015 10/27/15 Rented $11,000 -31.3% --
09/27/2015 09/27/15 Under Contract -- -- --
05/21/2015 05/21/15 For Rent $16,000 0.0% --
04/11/2014 04/11/14 Sold $3,650,000 -8.2% $2,077 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
05/28/2013 05/28/13 For Sale $3,975,000 -- $2,262 / 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
2024 $57,998 $2,824,730 -- --
2023 $57,998 $2,567,937 $0 $0
2022 $48,664 $2,334,489 $0 $0
2021 $42,244 $2,187,900 $0 $0
2020 $49,832 $2,574,000 $0 $0
2019 $47,257 $2,574,000 $0 $0
2018 $40,335 $2,145,015 $0 $0
2017 $47,005 $2,468,372 $0 $0
2016 $51,831 $2,623,390 $0 $0
2015 $47,250 $2,384,900 $0 $0
2014 $34,769 $1,477,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1792980

MIAMI REALTORS® MLS

APN: 02-4203-262-2580