$4,570,000
SOLD MAY 31, 2023 RENTED FEB 1, 2025
3 Beds
3.5 Baths
2,618 Sq Ft
$2,659/mo HOA Fee

Recently Sold

$1,746 Per Sq Ft

7% Below List Price

181 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Deck
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of May 2023

JUST REDUCED FOR A QUICK SALE ! BEST DEAL IN SOUTH OF FIFTH!
Showcasing panoramic views of the Bay, downtown skyline, and breathtaking ocean views. Enter your private foyer leading to a split layout. This pristinely renovated residence is one of the largest 3BR floor plans in Sofi 2, 618 SF featuring a wide-open layout and sunrise & sunset terraces. Custom Italian doors, all entryways open to 36 . Three spacious bedrooms w/ en-suite bathrooms, large master, formal dining, custom built-ins, electric shades, remodeled bathrooms & custom kitchen designed by Snaidero including, Miele appliances, quartz countertops, and recessed lighting. Over 600k in upgrades! 5-star amenities including Murano's private beach club and restaurant, impressive two-story gym, tennis courts and 24-hr valet.

Last Agent to Sell the Property

Laura Pantano

Coldwell Banker Realty License #3250448 Listed on: 10/11/2022

Coldwell Banker Realty

Last Buyer's Agent

Colin Feuling

Brown Harris Stevens License #3208144

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $62,384

Year Built

  • Built in 2002

HOA Fees

  • $2,659 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,618 Sq Ft Home
  • Furnished
  • Awning
  • Formal Dining Room
  • Marble Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Shower Only

Home Security

Outdoor Features

  • Deck

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-251-0690

Community Details

Overview

  • The Murano Portofino Condos
  • Murano At Portofino Condo Subdivision
  • 30-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Elevator
  • Lobby
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$62,384

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,659 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Entry Level: 22
  • 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: MURANO AT PORTOFINO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2618
  • Possible Use: Secondary
  • Stories: 30
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Awning(s), Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2659
  • Amenities: Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-251-0690
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 62384

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

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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 Type Sale Price Title Company
Warranty Deed $4,570,000 None Listed On Document
Warranty Deed $4,000,000 Attorney
Interfamily Deed Transfer -- South Pointe Title Company
Warranty Deed $2,600,000 Attorney
Warranty Deed $2,100,000 --
Warranty Deed $1,000,000 Addison Title Company Inc
Deed $839,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Unknown
Previous Owner $1,470,000 Unknown
Previous Owner $650,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Previous Owner $671,900 New Conventional
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: A11286468

MIAMI REALTORS® MLS

APN: 02-4203-251-0690