NOT LISTED FOR SALE

Estimated Value: $1,224,000 - $1,470,000

2 Beds
1.5 Baths
1,044 Sq Ft
2016 Built

Last Sold July 25, 2019

Last sale price $800,000 $766 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,315/month

Highlights

  • Private Dock
  • Full Time Lobby Attendant
  • Furnished
  • North Beach Elementary School Rated A-
  • Above Ground Pool
  • 1-minute walk to Probus Park

About This Home

As of October 2022

Turnkey 2BD/1.5BA, 1,044 SF professionally designed interior luxury residence with private terrace. Palau Sunset Harbour is a beautifully designed, boutique condo featuring Kobi Karp architecture & Raymond Jungles landscapes. Luxury amenities include rooftop pool, lush gardens, waterfront promenade with boat slips, fitness center, library, full service concierge, 24-hour security and valet. Located in South Beach, close distance to shops and restaurants.

Last Agent to Rent the Property

John Sandberg

Compass Florida, LLC License #3211334 Listed on: 08/18/2022

Compass Florida, LLC

Last Renter's Agent

Roxana Budetta

Coldwell Banker Realty License #3145144

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,056

Year Built

  • Built in 2016

Parking

  • 2 Car Garage
  • Parking Garage Space

Interior Spaces

  • 1,044 Sq Ft Home
  • Furnished
  • Open Floorplan
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Above Ground Pool
  • Private Dock

Additional Features

  • Energy-Efficient Appliances
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/17/22
  • Assessor Parcel Number 02-32-34-242-0190

Community Details

Overview

  • No Home Owners Association
  • Palau Sunset Harbour Subdivision

Pet Policy

  • Breed Restrictions

Additional Features

  • Full Time Lobby Attendant
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$18,056

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2022-08-17

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: Palau Sunset HArbour
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Living Area: 1044
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Family/Dining Combination

Exterior Features

  • View: Other
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Parking Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-242-0190
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6400
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 19, 2019
Sold by
Albom Barbara and Miller Rainey
Bought by
Schechter Joe and Schechter Angela
Seller's Agent
John Sandberg
Compass Florida, LLC
Buyer's Agent
Paul Sasseville
Compass Florida, LLC
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%
Current Estimated Value
$1,426,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,585
Avg. Annual Appreciation
8.62%
Original Mortgage
$400,000
Outstanding Balance
$351,085
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$969,658

Purchase Details

Closed on
Aug 26, 2016
Sold by
Palau Sunset Harbor Llc
Bought by
Miller Rainey and Albom Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,100
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Schechter Joe $800,000 Attorney
Miller Rainey $689,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schechter Joe $400,000
Previous Owner Miller Rainey $422,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Rented $8,500 +7.6% --
09/16/2022 09/16/22 Under Contract -- -- --
08/18/2022 08/18/22 For Rent $7,900 0.0% --
07/25/2019 07/25/19 Sold $800,000 -11.0% $766 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $899,000 -2.8% $861 / Sq Ft
10/09/2018 10/09/18 Price Changed $925,000 -2.5% $886 / Sq Ft
06/15/2018 06/15/18 Price Changed $949,000 +2.6% $909 / Sq Ft
05/15/2018 05/15/18 For Sale $925,000 0.0% $886 / Sq Ft
12/05/2017 12/05/17 Rented $4,600 -8.0% --
11/20/2017 11/20/17 Under Contract -- -- --
11/14/2017 11/14/17 For Rent $5,000 -- --
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 $18,056 $924,871 -- --
2024 $15,925 $840,792 -- --
2023 $15,925 $764,357 $0 $0
2022 $13,472 $694,870 $0 $0
2021 $12,197 $631,700 $0 $0
2020 $12,229 $631,700 $0 $0
2019 $11,597 $631,700 $0 $0
2018 $9,899 $526,400 $0 $0
2017 $10,024 $526,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11256791

MIAMI REALTORS® MLS

APN: 02-3234-242-0190