NOT LISTED FOR SALE

Estimated Value: $3,988,000 - $4,763,000

3 Beds
3.5 Baths
2,691 Sq Ft
2021 Built

Last Sold April 03, 2024

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

Current estimated payment $28,779/month

Highlights

  • Valet Parking
  • Property has ocean access
  • Fitness Center
  • Ocean View
  • Property fronts an intracoastal waterway
  • Building Security

About This Home

As of May 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.

Last Agent to Rent the Property

Lauren Fannon

Compass Florida, LLC. License #3478109 Listed on: 04/10/2024

Compass Florida, LLC.

Last Renter's Agent

Philip Scheinfeld

Compass Florida, LLC. License #3491185

Compass Florida, LLC.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,569

Year Built

  • Built in 2021

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Electric Vehicle Home Charger
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Secure Parking

Property Views

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,691 Sq Ft Home
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/10/24
  • 1 Year With Renewal Option,Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-33-091-0140

Community Details

Overview

  • No Home Owners Association
  • Monad Terrace Condos
  • Monad Terrace Subdivision
  • Property has 1 Level

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Building Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$53,569

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-04-10
  • Lease Term: 1 Year With Renewal Option,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 13
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: Monad Terrace
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 13

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Furnished
  • Living Area: 2691
  • Other Equipment: Elevator
  • Stories: 13
  • Window Features: Clear Impact Glass, Blinds, Drapes, High Impact Windows
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Laundry

Exterior Features

  • View: Bay, Intracoastal View, Ocean
  • Exterior Features: Open Balcony
  • Construction Type: Stucco
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Community, Hot Tub
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Monad Terrace
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, 2 Spaces, Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Parking Garage, On Street, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Security: Smoke Detector, Key Card Entry, Building Security, Lobby Attended, Key/Card Entry Parking

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Management On Site, Spa/Hot Tub
  • Association: No
  • Community Features: Pool, Exercise Room, Management On Site

Lot Info

  • Parcel Number: 02-32-33-091-0140
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

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
$4,402,608

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
-2.55%

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
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
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
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
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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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11564341

MIAMI REALTORS® MLS

APN: 02-3233-091-0140