NOT LISTED FOR SALE

Estimated Value: $811,000 - $829,521

2 Beds
2 Baths
1,088 Sq Ft
$3,200/mo HOA Fee

Last Sold January 06, 2023

Last sale price $720,000 $662 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,658/month

75 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Property has ocean access
  • Fitness Center
  • Elevator

About This Home

As of January 2023

Spacious 2 bedroom, 2 bath furnished unit with direct Bay & Downtown views located in a Condo/Hotel building. The Mondrian South Beach offers two pools with amazing bay & skyline views, food and beverage services, gym, spa, salon, on-site concierge, 24 hour room service, 24/7 security, valet parking, restaurant and a sunset pool bar. Best of both worlds, take advantage of a rental producing property and a vacation destination. Mondrian South Beach offers opportunity to rent out unit and manage it for you. Unit also approved for Air B&B. Inquire for details. Excellent location walking distance to Ocean Dr, beaches, Lincoln Rd and Washington Ave night life.

Last Agent to Sell the Property

Amado Mederos

Real Estate Services Inc License #513010 Listed on: 09/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,189

Year Built

  • Built in 2008

HOA Fees

  • $3,200 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,088 Sq Ft Home
  • Laminate Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Open Patio

Schools

  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-334-1830

Community Details

Overview

  • Association fees include management, amenities, common areas, cable TV, hot water, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, security
  • Mondrian Hotel Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,189

Year Built

Built in 2008

Lot Details

0

HOA Fees

$3,200 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: McArthur Causeway, to Alton Rd, go north to 11 St, turn left and the building will be at the end of the street.
  • Year Built: 2008
  • Carport Y N: No
  • Entry Level: 10
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Bedroom on Main Level
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1088.0
  • Stories: 16

Exterior Features

  • Exterior Features: Balcony
  • View: Bay
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Bay Front, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Valet

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Elevator Secured, Secured Garage/Parking, Lobby Secured, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3200.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Cable TV, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Security

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel #: 02-42-03-334-1830

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9189.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Dec 7, 2022
Sold by
Citimortgage Inc
Bought by
Mansour Investment Group Llc
Seller's Agent
Amado Mederos
Real Estate Services Inc
List Price
$848,900
Sold Price
$720,000
Premium/Discount to List
-$128,900
-15.18%
Views
34
Current Estimated Value
$818,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,840
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Jul 27, 2022
Sold by
Lance Briggs
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 9, 2008
Sold by
1100 West Properties Llc
Bought by
Briggs Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,750
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Mansour Investment Group Llc $720,000 --
Mansour Investment Group Llc $720,000 None Listed On Document
Citimortgage Inc $552,000 --
Briggs Lance $1,212,300 Usa Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briggs Lance $750,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $720,000 -10.6% $662 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
10/08/2022 10/08/22 Price Changed $805,600 -5.1% $740 / Sq Ft
09/07/2022 09/07/22 For Sale $848,900 -- $780 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $12,063 $522,240 -- --
2024 $12,665 $641,920 -- --
2023 $12,665 $670,208 $0 $0
2022 $10,149 $523,480 $0 $0
2021 $9,189 $475,891 $0 $0
2020 $10,237 $528,768 $0 $0
2019 $10,239 $528,390 $0 $0
2018 $11,040 $587,096 $0 $0
2017 $12,286 $645,160 $0 $0
2016 $13,192 $679,120 $0 $0
2015 $13,095 $649,580 $0 $0
2014 $12,212 $590,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10347712

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4203-334-1830