NOT LISTED FOR SALE

1120 98th St Unit 202 Bay Harbor Islands, FL 33154

Estimated Value: $718,000 - $882,000

2 Beds
2 Baths
1,175 Sq Ft
$550/mo HOA Fee

Last Sold October 08, 2021

Last sale price $550,000 $468 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,455/month

165 Days on Market

Highlights

  • Newly Remodeled
  • Garden View
  • Community Pool
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Furnished
  • 1-minute walk to Officer Scott Winters Park

About This Home

As of October 2021

**Short term rentals allowed***Live walking distance from it all. Elegant apartment in a boutique building in Bay Harbor across from new city park. Just steps away from the area's A-rated K-8 school, the beach, restaurants, cafes, places of worship, and Bal Harbor Shops. Enjoy sunrise an d sunset from the spacious rooftop pool terrace.. Unit delivered decorator ready with European kitchen, elegant designer fixtures, spacious balcony, and key-locked elevators. Personal storage space provided on every floor.

Last Agent to Sell the Property

Alejandro Vila

SIR Realty LLC License #3059266 Listed on: 03/02/2021

Co-Listed By

Valeria Rodriguez

SIR Realty LLC License #3061821

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,983

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,175 Sq Ft Home
  • Furnished
  • Blinds
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-115-0060

Community Details

Overview

  • Mid-Rise Condominium
  • Bay Breeze Residences Condos
  • Bay Breeze Residences Con Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 7-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,983

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Co List Office Mls Id: SLSA01
  • Co List Office Phone: 305-396-9065
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAY BREEZE RESIDENCES CON
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1175
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Stories: 7
  • Window Features: Blinds
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY BREEZE RESIDENCES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry, Other

Condo/Co-op/Association

  • Association Fee: 550
  • Amenities: Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 13-22-27-115-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 550

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Oct 8, 2021
Sold by
Bay Breeze 202 Llc
Bought by
Ramchandani Sunil and Valliani Mohammed N
Seller's Agent
Alejandro Vila
SIR Realty LLC
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$769,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,369
Avg. Annual Appreciation
8.66%
Original Mortgage
$364,000
Outstanding Balance
$331,934
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$437,435

Purchase Details

Closed on
Mar 31, 2017
Sold by
Bay Harbor Loft Llc
Bought by
Bay Breeze 202 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
4.16%
Mortgage Type
Balloon
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
Ramchandani Sunil $550,000 Tlc Title Company Of Florida
Bay Breeze 202 Llc $550,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramchandani Sunil $364,000
Previous Owner Bay Breeze 202 Llc $302,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $550,000 0.0% $468 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $550,000 -- $468 / 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 $10,058 $563,750 -- --
2024 $9,541 $545,710 -- --
2023 $9,541 $496,100 $0 $0
2022 $8,257 $451,000 $0 $0
2021 $6,952 $360,800 $0 $0
2020 $6,983 $360,824 $0 $0
2019 $7,609 $392,200 $0 $0
2018 $7,051 $370,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11006538

MIAMI REALTORS® MLS

APN: 13-2227-115-0060