$580,000
SOLD NOV 25, 2024
2 Beds
2 Baths
1,335 Sq Ft
1966 Built

Recently Sold

$434 Per Sq Ft

15% Below List Price

197 Days on Market

Highlights

  • Doorman
  • Boat Dock
  • Fitness Center
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property Fronts a Bay or Harbor
  • Main Floor Bedroom

About This Home

As of November 2024

Completely updated 2-bedroom corner unit at Island Pointe Condominium. This Unit is facing
South Southeast. Large galley kitchen with granite countertops and lots of cabinet space. Large
walk-in closets. Spacious living room and dining room. Access to balcony from the living room and
bedroom. The building has lots of amenities: Heated pool, large gym, media room, tiki huts & gas grills, 24-hour front desk attendant and on-site management. Gated property. Premium cable,
high-speed internet, Reserves are included in the HOA. Cooling tower & chiller system for air
conditioning, electric bills are lower. Walk to A+ school. Unit comes with 1 assigned parking space.

Last Agent to Sell the Property

Eric Broad

The Corcoran Group License #3257992 Listed on: 04/02/2024

The Corcoran Group

Last Buyer's Agent

Johana Abraham

A Real Estate Solution License #3524727

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,337

Year Built

  • Built in 1966

Lot Details

  • Southeast Facing Home

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,335 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Shared Dock

Location

  • East of U.S. Route 1

Schools

  • Bay Harbor Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-095-0820

Community Details

Overview

  • Property has a Home Owners Association
  • 168 Units
  • Mid-Rise Condominium
  • Island Pointe Condominium Condos
  • Island Pointe Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 11-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,392

Security

  • Phone Entry
  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,337

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available, Common Dock,Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND POINTE CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 1335
  • Possible Use: Investment
  • Stories: 11
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ISLAND POINTE CONDOMINIUM
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Security: Doorman, Phone Entry, Lobby Secured

Condo/Co-op/Association

  • Amenities: Barbecue, Billiard Room, Boat Dock, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Bay Harbor
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 13-22-27-095-0820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1392
  • Number Of Units In Community: 168
  • Number Of Units Total: 168

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8337

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Nov 25, 2024
Sold by
Island Pointe 7H Llc
Bought by
Miami First Llc
Seller's Agent
Eric Broad
The Corcoran Group
Buyer's Agent
Johana Abraham
A Real Estate Solution
List Price
$685,000
Sold Price
$580,000
Premium/Discount to List
-$105,000
-15.33%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Jul 14, 2022
Sold by
Simon Shimunov
Bought by
Island Pointe 7H Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 10, 2022
Sold by
Felix The Cap Llc
Bought by
Shimunov Simon
Seller's Agent
Luis Apa
NV Realty
Buyer's Agent
Albert Salpetrier
Coldwell Banker Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Listed on
May 14, 2015
Closed on
Nov 16, 2015
Sold by
Island Pointe Unit 7H Llc
Bought by
Felix The Cap Llc
Seller's Agent
Johns Lahmi
United Realty Group Inc
Buyer's Agent
Maria Jose Cardenas
Compass Florida, LLC.
List Price
$380,000
Sold Price
$330,000
Premium/Discount to List
-$50,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Dec 29, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Island Pointe Unit 7H Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Teman Roland
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 10, 2006
Sold by
Tilroc Inc
Bought by
Teman Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
7.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2004
Sold by
Island Pointe Realty Llc
Bought by
Tilroc Inc
Source: Public Records

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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 $580,000 Cnergy Title & Escrow Llc
Quit Claim Deed -- Ar Law Group Pllc
Warranty Deed $430,000 Southeastern Title
Warranty Deed $330,000 Attorney
Corporate Deed $170,000 Integrity Title Services Inc
Trustee Deed $115,100 None Available
Quit Claim Deed -- Attorney
Condominium Deed $333,900 Royal Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Balloon
Previous Owner $360,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 For Rent $4,600 0.0% --
11/25/2024 11/25/24 Sold $580,000 -9.2% $434 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $639,000 -4.5% $479 / Sq Ft
07/24/2024 07/24/24 Price Changed $669,000 -2.3% $501 / Sq Ft
04/02/2024 04/02/24 For Sale $685,000 +59.3% $513 / Sq Ft
01/10/2022 01/10/22 Sold $430,000 -4.4% $322 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $450,000 0.0% $337 / Sq Ft
01/10/2020 01/10/20 Rented $2,300 0.0% --
12/26/2019 12/26/19 Under Contract -- -- --
12/02/2019 12/02/19 Price Changed $2,300 -4.2% $2 / Sq Ft
11/19/2019 11/19/19 For Rent $2,400 +6.7% --
03/23/2018 03/23/18 Rented $2,250 0.0% --
03/15/2018 03/15/18 Under Contract -- -- --
02/23/2018 02/23/18 Price Changed $2,250 -6.3% $2 / Sq Ft
02/16/2018 02/16/18 Price Changed $2,400 -4.0% $2 / Sq Ft
01/25/2018 01/25/18 For Rent $2,500 +6.4% --
02/01/2016 02/01/16 Rented $2,350 -6.0% --
01/07/2016 01/07/16 Under Contract -- -- --
12/14/2015 12/14/15 For Rent $2,500 0.0% --
11/16/2015 11/16/15 Sold $330,000 -5.7% $247 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $350,000 -7.9% $262 / Sq Ft
05/14/2015 05/14/15 For Sale $380,000 0.0% $285 / Sq Ft
06/08/2012 06/08/12 Rented $1,950 0.0% --
05/09/2012 05/09/12 Under Contract -- -- --
04/05/2012 04/05/12 For Rent $1,950 -- --
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 $8,496 $466,514 -- --
2024 $8,337 $466,514 -- --
2023 $8,337 $455,136 $0 $0
2022 $5,827 $303,380 $0 $0
2021 $5,314 $275,800 $0 $0
2020 $5,678 $293,375 $0 $0
2019 $6,468 $333,381 $0 $0
2018 $5,775 $303,074 $0 $0
2017 $5,807 $296,550 $0 $0
2016 $6,039 $296,550 $0 $0
2015 $5,374 $240,015 $0 $0
2014 $4,973 $218,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11561598

MIAMI REALTORS® MLS

APN: 13-2227-095-0820