$4,802,777 - $6,178,000
RENTED FEB 1, 2025
3 Beds
3.5 Baths
2,618 Sq Ft
2002 Built

Last Sold May 31, 2023

Last sale price $4,570,000 $1,746 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $35,604/month

Highlights

  • Valet Parking
  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Boat Dock
  • Fitness Center
  • Heated Pool

About This Home

As of February 2025

Seasonal rental, flexible terms, available 10/01/24. Beautifully updated high floor 3 bedroom 3 full bath. Large expansive terrace with access from living room and primary bedroom. Sunset views of Gov't Cut & Downtown Miami. Walking distance to beach, park & fine dining S of 5th. Beach club saltwater pool and onsite restaurant. Full fitness center and spa. Flexible terms, call for details. Minimum 90 day rental period. Large terrace will be closed for balcony restoration during the duration of the lease.

Last Agent to Rent the Property

Colin Feuling

Brown Harris Stevens License #3208144 Listed on: 08/20/2024

Brown Harris Stevens

Co-Listed By

Lance Butnick

Brown Harris Stevens License #3326480

Last Renter's Agent

Thatiana Andrade Silva

Luft Realty License #3562616

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $75,655

Year Built

  • Built in 2002 | Newly Remodeled

Lot Details

  • Southeast Facing Home

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,618 Sq Ft Home
  • Furnished
  • Blinds
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 11/1/24
  • Assessor Parcel Number 02-42-03-251-0690

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • High-Rise Condominium
  • Murano At Portofino Condo
  • Murano At Portofino Condo,Murano At Portofino Subdivision
  • 36-Story Property

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Sauna
  • Courtesy Bus
  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • High Impact Windows

Condo Details

Home Type

Condominium

Est. Annual Taxes

$75,655

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: More Than 20 Lbs
  • Available Date: 2024-11-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: BHSM01
  • Co List Office Phone: 305-726-0100
  • Entry Level: 20
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Building Stories: 36
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: MURANO AT PORTOFINO CONDO,MURANO AT PORTOFINO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 36

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2618
  • Stories: 36
  • Window Features: Blinds, High Impact Windows

Exterior Features

  • View: Intracoastal View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Features: Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MURANO AT PORTOFINO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Sewer: Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Lobby Attended

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Sauna, Security Patrol
  • Association: No
  • Community Features: Tennis, Courtesy Bus
  • Senior Community: Yes

Lot Info

  • Parcel Number: 02-42-03-251-0690
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6505
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
May 31, 2023
Sold by
Mugar David
Bought by
Damata Llc
Seller's Agent
Laura Pantano
Coldwell Banker Realty
Buyer's Agent
Colin Feuling
Brown Harris Stevens
List Price
$4,900,000
Sold Price
$4,570,000
Premium/Discount to List
-$330,000
-6.73%
Views
67
Current Estimated Value
$5,351,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,194
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jun 14, 2016
Sold by
Sastri Gautham and Camaiani Caterina
Bought by
Mugar David G
Seller's Agent
Vincent Pinto
Related ISG Realty, LLC.
Buyer's Agent
ralph chaoul
Venice Consulting LLC
List Price
$4,300,000
Sold Price
$4,000,000
Premium/Discount to List
-$300,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$2,800,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2012
Sold by
Sastri Gautham
Bought by
Sastri Gautham and Camaiani Caterina

Purchase Details

Closed on
May 27, 2008
Sold by
Pendragon Real Estate Sa
Bought by
Sastri Gautham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2005
Sold by
Goss Kenneth M
Bought by
Pendragon Realty Estates S A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2004
Sold by
Fears Gary
Bought by
Goss Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2002
Sold by
Trg & Ssdi Ltd
Bought by
Fears Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,900
Interest Rate
7.18%
Mortgage Type
New Conventional
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
Damata Llc $4,570,000 None Listed On Document
Mugar David G $4,000,000 Attorney
Sastri Gautham -- South Pointe Title Company
Sastri Gautham $2,600,000 Attorney
Pendragon Realty Estates S A $2,100,000 --
Goss Kenneth M $1,000,000 Addison Title Company Inc
Fears Gary $839,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mugar David G $2,800,000
Previous Owner Sastri Gautham $1,100,000
Previous Owner Pendragon Realty Estates S A $1,470,000
Previous Owner Goss Kenneth M $650,000
Previous Owner Fears Gary $250,000
Previous Owner Fears Gary $500,000
Previous Owner Fears Gary $671,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $19,000 0.0% --
01/30/2025 01/30/25 Under Contract -- -- --
01/03/2025 01/03/25 Price Changed $19,000 -13.6% $7 / Sq Ft
12/02/2024 12/02/24 Price Changed $22,000 -12.0% $8 / Sq Ft
08/20/2024 08/20/24 For Rent $25,000 +25.0% --
12/14/2023 12/14/23 Rented $20,000 -25.9% --
12/13/2023 12/13/23 Under Contract -- -- --
10/30/2023 10/30/23 Price Changed $27,000 -15.6% $10 / Sq Ft
10/19/2023 10/19/23 For Rent $32,000 0.0% --
05/31/2023 05/31/23 Sold $4,570,000 -6.7% $1,746 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $4,900,000 0.0% $1,872 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $4,900,000 -7.5% $1,872 / Sq Ft
10/11/2022 10/11/22 For Sale $5,300,000 +32.5% $2,024 / Sq Ft
06/16/2016 06/16/16 Sold $4,000,000 -7.0% $1,528 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $4,300,000 -- $1,642 / 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 $75,655 $3,905,301 -- --
2024 $63,400 $4,026,084 -- --
2023 $63,400 $3,355,070 $0 $0
2022 $68,482 $3,554,100 $0 $0
2021 $62,384 $3,231,000 $0 $0
2020 $62,551 $3,231,000 $0 $0
2019 $62,612 $3,231,000 $0 $0
2018 $55,236 $2,937,443 $0 $0
2017 $54,308 $2,851,886 $0 $0
2016 $62,162 $3,240,780 $0 $0
2015 $45,463 $2,041,360 $0 $0
2014 $42,484 $1,855,782 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11646037

MIAMI REALTORS® MLS

APN: 02-4203-251-0690