$3,900,000
SOLD NOV 11, 2021
3 Beds
3.5 Baths
2,691 Sq Ft
2021 Built

Recently Sold

$1,449 Per Sq Ft

8% Below List Price

227 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • New Construction
  • Boat Dock
  • Fitness Center
  • Clubhouse

About This Home

As of April 2024

Best line in the building, flow through unit with Direct Sunrise and Sunset views. Dubbed "The Reflection Machine" by architects and Pritzker Prize Winner Ateliers Jean Nouvel, Monad Terrace was designed to emulate the brilliant azure waters of Biscayne Bay. Along with its stunning views, expansive outdoor spaces throughout the building are sheltered by climbing gardens made up of native plants and flowers. This home features dramatic and richly veined Calacatta marble throughout, and has statement making marble island in its kitchen, perfect for entertaining.

Last Agent to Sell the Property

Reid Heidenry

One Sotheby's International Re License #3194322 Listed on: 03/05/2021

One Sotheby's International Re

Last Buyer's Agent

Joseph Schafer

Douglas Elliman License #3087675

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,132

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Interior Spaces

  • 2,691 Sq Ft Home
  • Vaulted Ceiling
  • Formal Dining Room
  • Open Floorplan
  • Marble Flooring

Kitchen

  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-010-0901

Community Details

Overview

  • Property has a Home Owners Association
  • Monad Terrace Condos
  • Alton Beach Realty Co Subdivision
  • 13-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Bike Room
  • Elevator

Recreation

  • Boat Dock
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,037

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,132

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ALTON BEACH REALTY CO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Split Bedroom, Volume Ceilings
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2691
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 13
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Formal Dining, Kitchen Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Monad Terrace
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Other

Condo/Co-op/Association

  • Amenities: Bike Storage, Boat Dock, Barbecue, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-010-0901
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3037

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 60132

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
-2.51%

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

Similar Homes in Miami Beach, FL

  • 400 Alton Rd Unit 1201, Miami Beach, FL 33139

    $3,175,000

    • 2 Beds
    • 2.5 Baths
    • 2,003 Sq Ft
    • 400 Alton Rd
    • Unit 1201
    • Miami Beach, FL

    One of the best views in all of Miami! Watch the cruise ships go by from this oversized 2,000SF corner unit in the heart of SoFi. Revel in the breathtaking downtown Miami sunset, ocean, & bay views from your spacious balcony! Enjoy sun-filled interiors, floor-to-ceiling glass impact windows, updated kitchen w/Italian lacquer cabinetry & Miele & Subzero appliances, & gorgeous primary bath. Murano

    Nancy Batchelor Compass Florida, LLC.

    Section Image
  • 101 20th St Unit 1803/5, Miami Beach, FL 33139

    $4,775,000

    • 2 Beds
    • 4 Baths
    • 101 20th St
    • Unit 1803/5
    • Miami Beach, FL

    Unique Flexibility at The Setai Residences - Miami Beach. Units 1803 and 1805 at The Setai offer a rare opportunity to either combine the two residences or enjoy them separately. By adding two connecting doors—similar to those in luxury hotels—you can seamlessly join the units for an expansive, open living space or keep them entirely separate for privacy and flexibility. Enjoy breathtaking ocean

    Angielle Knowle Miami Beach Real Estate Prop.

    Section Image
  • 101 20th St Unit 3806, Miami Beach, FL 33139

    $4,975,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 101 20th St
    • Unit 3806
    • Miami Beach, FL

    All Offers Welcome! Luxury living at The Setai Hotel Residences, Miami Beach. This meticulously maintained 2-bed condo, eligible for daily, weekly, monthly, or annual rentals, offers a lucrative income opportunity through the hotel rental package. Revel in 5-star resort living with 3 infinity pools, spa, 24-hr room service, beach service, 3 restaurants, and 2 bars. Situated on a high floor, the

    Angielle Knowle Miami Beach Real Estate Prop.

    Section Image
  • 2301 Collins Ave Unit 1011-1012, Miami Beach, FL 33139

    $3,375,000

    • 2 Beds
    • 3 Baths
    • 1,360 Sq Ft
    • 2301 Collins Ave
    • Unit 1011-1012
    • Miami Beach, FL

    New From Top to Bottom! Sophisticated, chic, & move-in ready — this newly gut-renovated residence is essentially brand new. Enjoy panoramic northeast views of the Atlantic Ocean and the iconic 1 Hotel center pool. Offering 1,391 SF of refined living space, the layout features 2 BD, a den/office/guest area, & 3 full baths. The elegant kitchen offers Miele appliances, a wine display, pantry, &

    Nancy Batchelor Compass Florida, LLC.

    Section Image
  • 1300 Monad Terrace Unit 9D, Miami Beach, FL 33139

    $4,500,000

    • 3 Beds
    • 3.5 Baths
    • 2,496 Sq Ft
    • 1300 Monad Terrace
    • Unit 9D
    • Miami Beach, FL

    Welcome to the timeless elegance of Monad Terrace, an architectural masterpiece by Pritzker Prize-winning Jean Nouvel. This 2,500 SF residence features 3 bedrooms, 3/1 bathrooms, plus a versatile den, blending modern sophistication with the natural beauty of Biscayne Bay. Enjoy breathtaking bay, skyline, and ocean views from multiple oversized terraces—perfectly positioned for both sunrise and

    Mallory McGuire One Sotheby's International Re

    Section Image
  • 1300 Monad Terrace Unit 8D, Miami Beach, FL 33139

    $4,050,000

    • 3 Beds
    • 3.5 Baths
    • 2,269 Sq Ft
    • 1300 Monad Terrace
    • Unit 8D
    • Miami Beach, FL

    Experience the elegance of Monad Terrace, Unit 8D—a stunning waterfront residence designed by Pritzker Prize-winning architect Jean Nouvel, part of an exclusive collection of 59 homes along Biscayne Bay. Upon entering, you'll find natural light flooding the spacious interiors, featuring opulent marble bathrooms, custom cabinetry, exquisite designer fixtures, and warm teak wood flooring. Each

    Michael Martirena Compass Florida, LLC.

    Section Image
  • 1470 16th St Unit 501, Miami Beach, FL 33139

    $3,450,000

    • 3 Beds
    • 2.5 Baths
    • 1,974 Sq Ft
    • 1470 16th St
    • Unit 501
    • Miami Beach, FL

    Presenting a rare luxury residence at the prestigious AnaCapri Building: an entire full-floor sanctuary in South Beach's most coveted location. Meticulously designed with floor-to-ceiling windows, this extraordinary condo offers panoramic Downtown and Biscayne Bay views. A sophisticated interior boasts a remarkable kitchen, custom-designed closets, and an elegant bathroom with refined shower/tub

    Daniel Rosa Gary Hennes Realtors

    Section Image
  • 1445 16th St Unit 602, Miami Beach, FL 33139

    $3,200,000

    • 3 Beds
    • 3 Baths
    • 1,842 Sq Ft
    • 1445 16th St
    • Unit 602
    • Miami Beach, FL

    Luxury Meets Serenity in this 2 Bed + Den/Bedroom & 3 bath residence at Capri South Beach. Discover the epitome of Miami Beach living in this exceptional boutique bayfront building that offers a harmonious blend of luxury, comfort, & tranquility. If you're seeking a place where luxury & serenity coexist, where bayfront living meets urban convenience, this is your opportunity. Step inside this

    Wendy Mendoza Cayhill Dumott Realty LLC

    Section Image
  • 11 Island Ave Unit 1201, Miami Beach, FL 33139

    $3,990,000

    • 4 Beds
    • 3.5 Baths
    • 2,760 Sq Ft
    • 11 Island Ave
    • Unit 1201
    • Miami Beach, FL

    Indulge in luxury w/ this meticulously renovated 4BD/3.5BA corner unit, a seamless fusion of sophistication & comfort. Revel in breathtaking views stretching from SoBe to the Miami Skyline. The expansive living room boasts custom furnishings, open kitchen w/ample eat-in area, black & white marble countertops, wine cooler, beverage fridge, & custom cabinetry. The primary BD offers custom closets

    Esther Percal BHHS EWM Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $4,387,500 Clear Title
Warranty Deed $3,900,000 Clear Title
Special Warranty Deed $3,250,000 Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,900,000 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11008749

MIAMI REALTORS® MLS

APN: 02-3233-091-0140