NOT LISTED FOR SALE

Estimated Value: $7,955,000 - $20,492,120

5 Beds
6.5 Baths
9,200 Sq Ft
$12,485/mo HOA Fee

Last Sold September 29, 2022

Last sale price $19,500,000 $2,120 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $120,371/month

124 Days on Market

Highlights

  • Doorman
  • 2-minute walk to Eleventh Street
  • Fitness Center
  • Ocean View
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Bicentennial Park

About This Home

As of September 2022

Welcome the most desirable penthouse in Miami. One Thousand Museum, artfully crafted by world-renown architect Zaha Hadid, feat. this jaw dropping 5 bd, 6.5 ba, full floor masterpiece w/ immaculate 360 degree views of Miami, combining the city’s glamourous allure & endless ocean captured from the oversized terrace & living spaces. Top-of-the-line finishes w/ custom details, make this extraordinary residence a genuine treasure. This is the only residential building in the US w/ a helipad, allowing residents to take their helicopter directly from the roof to wherever they please. Amenities incl. smart technology, indoor/outdoor state-of-the-art wellness facility & spa, sculptural sun & swim terrace, Sky Lounge for private events & more. 9,910 living sf | 1,216 balcony sf | 11,126 total sf

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 05/27/2022

The Corcoran Group

Last Buyer's Agent

Christopher Wands

Douglas Elliman License #3350620

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $254,632

Year Built

  • Built in 2019

HOA Fees

  • $12,485 Monthly HOA Fees

Parking

  • 7 Car Garage

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,200 Sq Ft Home
  • Furnished
  • Fireplace
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-079-0470

Community Details

Overview

  • 83 Units
  • High-Rise Condominium
  • One Thousand Museum Condos
  • One Thousand Museum Condo Subdivision
  • 62-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$254,632

Year Built

Built in 2019

Lot Details

0

HOA Fees

$12,485 per month

Parking

7

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 57
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ONE THOUSAND MUSEUM CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 9200
  • Possible Use: Investment
  • Stories: 62
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ONE THOUSAND MUSEUM
  • Covered Parking Spaces: 7
  • Garage Spaces: 7
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 12485
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-31-079-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 83
  • Number Of Units Total: 83

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 254632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 29, 2022
Sold by
5701 Biscayne Trust
Bought by
Museum 5701 Llc
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Christopher Wands
Douglas Elliman
List Price
$28,000,000
Sold Price
$19,500,000
Premium/Discount to List
-$8,500,000
-30.36%
Total Days on Market
124
Current Estimated Value
$14,223,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,276,440
Avg. Annual Appreciation
-13.55%

Purchase Details

Closed on
Dec 31, 2020
Sold by
5701 Biscayne Llc
Bought by
Bryn Mark and The 5701 Biscayne Trust

Purchase Details

Closed on
Mar 18, 2020
Sold by
Zh Holdings Group Llc
Bought by
5701 Biscayne Llc

Purchase Details

Closed on
Jul 17, 2019
Sold by
1000 Biscayne Tower Llc
Bought by
Zh Holdings Group Llc
Source: Public Records

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Range of Values:

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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
Museum 5701 Llc $19,500,000 --
Bryn Mark -- None Available
5701 Biscayne Llc $13,800,000 Attorney
Zh Holdings Group Llc $12,760,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $19,500,000 -11.4% $2,120 / Sq Ft
08/16/2022 08/16/22 Price Changed $22,000,000 -8.3% $2,391 / Sq Ft
06/16/2022 06/16/22 Price Changed $24,000,000 -14.3% $2,609 / Sq Ft
05/27/2022 05/27/22 For Sale $28,000,000 -- $3,043 / 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 $336,512 $15,410,000 -- --
2023 $336,512 $16,006,300 $0 $0
2022 $309,965 $14,744,125 $0 $0
2021 $254,632 $11,726,250 $0 $0
2020 $204,189 $9,381,000 $0 $0
2019 $9,683 $495,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11213213

MIAMI REALTORS® MLS

APN: 01-3231-079-0470