NOT LISTED FOR SALE

Estimated Value: $7,511,000 - $15,966,065

4 Beds
4.5 Baths
5,049 Sq Ft
$2,676/mo HOA Fee

Last Sold January 16, 2018

Last sale price $13,750,000 $2,723 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $84,119/month

266 Days on Market

Highlights

  • Doorman
  • Marina
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Direct Ocean View
  • 2-minute walk to South Pointe Park

About This Home

As of January 2018

Custom, combined unit is a paradise in the sky completed w/highest quality craftsmanship for the most discerning buyer. Located on rarely available 38th floor in the most sought after line in the building, enjoy sweeping views of the ocean, Government Cut, Fisher Island, Downtown Miami & Miami Beach from every room. No expense spared in this one-of-a-kind unit with smart home technology,custom flr plan,wraparound balcony, Gourmet Kitchen w/SubZero/Miele appliances & incredible custom finishes throughout

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 04/06/2017

Coldwell Banker Realty

Co-Listed By

Jill Eber

Coldwell Banker Realty License #0333469

Last Buyer's Agent

Jon Corso

Coldwell Banker Realty License #0700012

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $65,144

Year Built

  • Built in 2003

HOA Fees

  • $2,676 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,049 Sq Ft Home
  • Built-In Features
  • Family Room
  • Home Theater
  • Den

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Additional Features

  • Accessible Elevator Installed
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-262-1150

Community Details

Overview

  • Continuum On South Beach Condos
  • 42-Story Property

Amenities

  • Doorman
  • Secure Lobby
  • Bike Room

Recreation

  • Marina
  • Community Spa

Pet Policy

  • No Pets Allowed

Additional Features

  • Maintenance Expense $3,621
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$65,144

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,676 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Entry Level: 38
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Den/Library/Office, Family Room, Media Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 5049
  • Possible Use: Unknown/Withheld
  • Stories: 42
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office, Family Room, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CONTINUUM ON SOUTH BEACH
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2676
  • Amenities: Bike Storage, Exercise Room, Heated Pool, Exterior Lighting, Marina, Other, Pool, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-262-1150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 3621

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 65144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jan 16, 2018
Sold by
Klaassen Paul and Klaassen Teresa
Bought by
Iceberg I Llc
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Jon Corso
Coldwell Banker Realty
List Price
$16,950,000
Sold Price
$13,750,000
Premium/Discount to List
-$3,200,000
-18.88%
Current Estimated Value
$10,822,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,927,645
Avg. Annual Appreciation
-3.09%

Purchase Details

Closed on
Feb 3, 2009
Sold by
Klaassen Paul
Bought by
Klaassen Paul and Klaassen Teresa
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
Iceberg I Llc $13,750,000 Attorney
Klaassen Paul -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iceberg I Llc $8,250,000
Previous Owner Klaassen Paul $3,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $13,750,000 -11.3% $2,723 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
10/28/2017 10/28/17 Price Changed $15,500,000 -8.6% $3,070 / Sq Ft
03/17/2017 03/17/17 For Sale $16,950,000 -- $3,357 / 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 $275,176 $14,266,650 -- --
2024 $262,623 $12,969,682 -- --
2023 $262,623 $11,790,620 $0 $0
2022 $220,659 $10,718,746 $0 $0
2021 $188,144 $9,744,315 $0 $0
2020 $221,937 $11,463,900 $0 $0
2019 $211,574 $10,918,000 $0 $0
2018 $65,764 $3,538,334 $0 $0
2017 $65,217 $3,465,558 $0 $0
2016 $65,144 $3,394,279 $0 $0
2015 $65,981 $3,370,685 $0 $0
2014 $67,123 $3,343,934 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10250093

MIAMI REALTORS® MLS

APN: 02-4203-262-1150