NOT LISTED FOR SALE

Estimated Value: $5,420,000 - $5,971,000

3 Beds
3.5 Baths
2,786 Sq Ft
$2,040/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $5,800,000 $2,082 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $39,637/month

Highlights

  • Marina
  • Shared Dock
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Property is near a marina

About This Home

As of June 2023

Introducing the waterfront townhome located in the esteemed South of Fifth area of Miami Beach, featuring a corner unit with an inviting Miami lifestyle. As you step inside, you'll be greeted with a spacious living area complete with floor-to-ceiling windows and high ceilings that overlook the boardwalk and bay front. The open floor plan allows for plenty of natural light and stunning panoramic views of the bay and skyline from all main areas of the townhome. Enjoy privacy and entertainment with access to the fully turfed deck, which also provides direct entry to the community pool, gym, beach club, and tennis court.

Last Agent to Rent the Property

Omar Saab

Compass Florida, LLC. License #3563539 Listed on: 05/04/2023

Compass Florida, LLC.

Last Renter's Agent

Ines Flax

One Sotheby's International Re License #0687724

One Sotheby's International Re

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $98,969

Year Built

  • Built in 2002

Lot Details

  • 40 Ft Wide Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,786 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Outdoor Features

  • Property is near a marina
  • Shared Dock

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 6/1/23
  • 12 Months Lease Term
  • Assessor Parcel Number 02-42-03-251-0110

Community Details

Overview

  • No Home Owners Association
  • Murano At Portofino Condo
  • Murano At Portofino Condo Subdivision

Amenities

  • Sauna

Recreation

  • Marina
  • Community Spa
  • Tennis Courts

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$98,969

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2023-06-01
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Property Sub Type: Townhouse
  • Directions: Enter boardwalk from the round-a-bout on 1000 S Pointe Dr and enter TH-M1 located right off the bay front.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Other, Common Dock,Marina
  • Lease Assignable: No
  • Unit Levels: 3
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse/Villa-Annual, Townhouse
  • Subdivision Name: MURANO AT PORTOFINO CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Third Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Furnished
  • Living Area: 2786
  • Spa Features: Community
  • Stories: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room

Exterior Features

  • View: Bay
  • Exterior Features: Tennis Court(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MURANO AT PORTOFINO CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Amenities: Community Pool, Exercise Room, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Pool, Exercise Room, Sauna, Spa/Hot Tub

Lot Info

  • Parcel Number: 02-42-03-251-0110
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6505
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Golder Joshua Memling
Bought by
S Pointe Th-M1 Llc
Current Estimated Value
$5,683,728

Purchase Details

Closed on
Oct 14, 2020
Sold by
Murano At Portofino Th M1 Llc
Bought by
Golder Josboa Memling

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 1, 2017
Sold by
Murano Real Estate Holdings Llc
Bought by
Murano At Portofino Th M1 Llc
Seller's Agent
Dustin Nero
Douglas Elliman
Buyer's Agent
Dustin Nero
Douglas Elliman
List Price
$6,199,999
Sold Price
$5,800,000
Premium/Discount to List
-$399,999
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.46%

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jul 1, 2013
Sold by
Osa Enterprises Limited Partnership
Bought by
Murano Real Estate Holdings Llc
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$5,495,000
Sold Price
$4,525,000
Premium/Discount to List
-$970,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$3,366,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2012
Sold by
Samuel Deborah
Bought by
Osa Enterprises Limited Partnership

Purchase Details

Closed on
Dec 11, 2012
Sold by
Samuel Deborah
Bought by
Osa Enterprises Limited Partnership

Purchase Details

Closed on
Jun 13, 2005
Sold by
Woodard Eugene M and Woodard Janice S
Bought by
Samuel Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2004
Sold by
Cesar Frantz
Bought by
Woodard Eugene M and Woodard Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.95%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Rented $34,000 -2.9% --
05/30/2023 05/30/23 Price Changed $35,000 -10.3% $13 / Sq Ft
05/04/2023 05/04/23 For Rent $39,000 0.0% --
05/03/2017 05/03/17 Sold $5,800,000 -6.5% $1,942 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $6,199,999 +37.0% $2,076 / Sq Ft
07/03/2013 07/03/13 Sold $4,525,000 -1.5% $1,515 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/26/2013 04/26/13 Price Changed $4,595,000 -8.0% $1,539 / Sq Ft
12/03/2012 12/03/12 Price Changed $4,995,000 -9.1% $1,673 / Sq Ft
04/25/2012 04/25/12 For Sale $5,495,000 -- $1,840 / 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 $98,969 $5,200,280 -- --
2023 $98,969 $5,278,507 $0 $0
2022 $95,516 $5,124,765 $0 $0
2021 $95,277 $4,975,500 $0 $0
2020 $90,022 $4,650,000 $0 $0
2019 $90,110 $4,650,000 $0 $0
2018 $85,099 $4,525,532 $0 $0
2017 $63,837 $3,352,246 $0 $0
2016 $73,995 $3,809,370 $0 $0
2015 $75,472 $3,809,370 $0 $0
2014 $77,396 $3,809,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11381541

MIAMI REALTORS® MLS

APN: 02-4203-251-0110