NOT LISTED FOR SALE

Estimated Value: $919,000 - $1,330,000

1 Bed
1 Bath
715 Sq Ft
2003 Built

Last Sold October 25, 2023

Last sale price $1,064,000 $1,488 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,737/month

92 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Clubhouse
  • South Pointe Elementary School Rated A-
  • Private Beach Pavilion
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of October 2023

Beautiful Ocean front property in Prime location at Bentley Beach Condo on South of 5th Miami Beach. This is the Place you will Love To Live In, or Stay In Your Visit to Miami and easy to Rent Out Great for Investors. The Bently has the Best restaurants downstairs Prime 112, Next To Nikki Beach, Milos, Papi Steak, Smith & Wollensky, Joes' Stone Crab and many more.You can walk straight to the Beach or enjoy The amazing Amenities at the Bentley which included Spa, Pools, Jacuzzi,Sauna, and Gym.Condo is Available Now. Comes Fully Furnished. Parking is separate, Valet Only or Street Parking.

Last Agent to Sell the Property

Joanna Gutierrez

Cervera Real Estate Inc. License #3358014 Listed on: 06/08/2023

Cervera Real Estate Inc.

Last Buyer's Agent

Jorge Martinez

One Sotheby's International Re License #0678035

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,747

Year Built

  • Built in 2003

Parking

  • Secured Garage or Parking

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 715 Sq Ft Home
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-272-1000

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Bentley Beach Condo
  • Bentley Beach Condo Subdivision
  • The community has rules related to no trucks or trailers

Amenities

  • Valet Parking
  • Sauna
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Private Beach Pavilion
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Stairs
  • Clear Impact Glass
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,747

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: Corner of 1st and Ocean Dr, Turn at Prime 112 Next to Nikki Beach.
  • Entry Level: 7
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BENTLEY BEACH CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 715
  • Possible Use: Secondary
  • Window Features: Clear Impact Glass
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

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

Garage/Parking

  • Park Building Name: BENTLEY BEACH CONDO
  • Parking Features: Valet, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Secured Garage/Parking, Lobby Secured, Stairs Secured

Condo/Co-op/Association

  • Amenities: Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-272-1000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Oct 25, 2023
Sold by
Lundy Tony
Bought by
Obradovic Aleksandar and Bozic Aleksandra
Seller's Agent
Joanna Gutierrez
Cervera Real Estate Inc.
Buyer's Agent
Jorge Martinez
One Sotheby's International Re
List Price
$1,300,000
Sold Price
$1,064,000
Premium/Discount to List
-$236,000
-18.15%
Views
137
Current Estimated Value
$1,028,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,928
Avg. Annual Appreciation
-1.79%
Original Mortgage
$798,000
Outstanding Balance
$783,233
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$244,839

Purchase Details

Closed on
Feb 25, 2020
Sold by
Accime Herickson
Bought by
The Bank Of Newyork Mellon

Purchase Details

Closed on
Mar 2, 2006
Sold by
South River Investors Corp
Bought by
Accime Herickson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 15, 2004
Sold by
Bov Development Corp
Bought by
South River Investors Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
5%
Mortgage Type
Unknown
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

Purchase History

Date Buyer Sale Price Title Company
Obradovic Aleksandar $1,064,000 Florida Secured Title
Obradovic Aleksandar $1,064,000 Florida Secured Title
The Bank Of Newyork Mellon $235,600 None Available
Accime Herickson $900,000 Attorney
South River Investors Corp $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obradovic Aleksandar $798,000
Closed Obradovic Aleksandar $798,000
Previous Owner Accime Herickson $675,000
Previous Owner South River Investors Corp $416,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $1,064,000 -11.3% $1,488 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $1,200,000 -7.7% $1,678 / Sq Ft
06/08/2023 06/08/23 For Sale $1,300,000 +86.2% $1,818 / Sq Ft
05/22/2020 05/22/20 Sold $698,250 -8.7% $977 / Sq Ft
03/24/2020 03/24/20 For Sale $765,000 -- $1,070 / 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 $15,113 $874,195 -- --
2024 $15,079 $874,195 -- --
2023 $15,079 $756,141 $0 $0
2022 $13,747 $723,265 $0 $0
2021 $14,427 $747,175 $0 $0
2020 $14,347 $747,175 $0 $0
2019 $13,539 $746,900 $0 $0
2018 $12,057 $698,037 $0 $0
2017 $11,114 $554,087 $0 $0
2016 $10,743 $503,716 $0 $0
2015 $10,417 $457,924 $0 $0
2014 $8,518 $416,295 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11400155

MIAMI REALTORS® MLS

APN: 02-4203-272-1000