NOT LISTED FOR SALE

Estimated Value: $4,064,000 - $4,669,000

3 Beds
4 Baths
2,691 Sq Ft
$1,578/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $4,387,500 $1,630 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $28,004/month

About This Home

As of April 2024

Enjoy spectacular sunset & sunrise views in this flow-through north tower corner unit at the Monad Terrace. Gaze out to the Downtown Miami skyline, the Bay, & South Beach. Private elevator brings you into this 3 bed/3.5 bath residence in the sky w/ floor-to-ceiling windows & a 15' deep wrap-around terrace. Perfect for entertaining, the kitchen features Calcutta marble & Gaggenau appliances. Enjoy views of the bay from your steam shower & bath tub. Custom closets throughout the unit and plenty of storage space. Monad Terrace is designed by Pritzker prize winner Jean Nouvel; the 59 homes have a breathaking lagoon & lush climbing gardens. Full-service amenities include 24-hr front desk, bayfront pool, jacuzzi, and gym. Ideal location, close to Sunset Harbour & South of Fifth.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Monad 10B Revocable Trust and Monad 10B Llc
Bought by
Monad 10B Revocable Trust and Rubinson
Current Estimated Value
$4,246,053

Purchase Details

Listed on
Apr 10, 2024
Closed on
Apr 3, 2024
Sold by
Francis Philip and Francis Phillip
Bought by
Monad 10B Revocable Trust and Rubinson
Seller's Agent
Lauren Fannon
Compass Florida, LLC.
Buyer's Agent
Philip Scheinfeld
Compass Florida, LLC.
Sold Price
$21,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.94%

Purchase Details

Listed on
Mar 5, 2021
Closed on
Nov 11, 2021
Sold by
Randy Carver
Bought by
Francis Phillip and Sullivan Halley
Seller's Agent
Reid Heidenry
One Sotheby's International Re
Buyer's Agent
Joseph Schafer
Douglas Elliman
List Price
$4,250,000
Sold Price
$3,900,000
Premium/Discount to List
-$350,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,900,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2021
Sold by
Monad Terrace Property Owner Llc
Bought by
Carver Randy

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
Monad 10B Revocable Trust -- None Listed On Document
Monad 10B Revocable Trust -- None Listed On Document
Monad 10B Revocable Trust $4,387,500 Clear Title
Francis Phillip $3,900,000 Clear Title
Carver Randy $3,250,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Phillip $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $21,000 -15.2% --
04/17/2024 04/17/24 Under Contract -- -- --
04/10/2024 04/10/24 For Rent $24,750 0.0% --
04/03/2024 04/03/24 Sold $4,387,500 -4.4% $1,630 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $4,590,000 +17.7% $1,706 / Sq Ft
11/11/2021 11/11/21 Sold $3,900,000 -4.9% $1,449 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $4,100,000 +2.8% $1,524 / Sq Ft
06/15/2021 06/15/21 Price Changed $3,990,000 -6.1% $1,483 / Sq Ft
03/05/2021 03/05/21 For Sale $4,250,000 -- $1,579 / Sq Ft

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
2024 $53,569 $2,992,916 -- --
2023 $53,569 $2,720,833 $0 $0
2022 $46,475 $2,473,485 $0 $0
2021 $7,438 $385,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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