$4,000,000
SOLD MAY 16, 2025
3 Beds
3.5 Baths
2,691 Sq Ft
$6,685/mo HOA Fee

Recently Sold

$1,486 Per Sq Ft

17% Below List Price

238 Days on Market

Highlights

  • Doorman
  • Boat Dock
  • Fitness Center
  • Ocean View
  • Property Fronts a Bay or Harbor
  • Vaulted Ceiling

About This Home

As of May 2025

Welcome home to the sophisticated elegance of Monad Terrace, designed by the award-winning Jean Nouvel. This expansive corner residence boasts wraparound terrace with panoramic views of South Beach, Biscayne Bay & the Miami Skyline. Fully upgraded to perfection, this home features private elevator, custom blinds, a smart home system, security cameras, and a convenient laundry sink. The open kitchen and living area flow seamlessly onto expansive balconies. Inside, you’ll find teak wood and marble flooring, custom Calcutta marble countertops, Gaggenau appliances, and sleek custom cabinetry. Monad Terrace offers a boutique feel with just 59 residences, plus top-tier amenities including a bayfront infinity pool, sun deck, strength and cardio gyms, valet service, and 24/7 concierge.

Last Agent to Sell the Property

Todd Nordstrom

Compass Florida, LLC License #0618419 Listed on: 09/20/2024

Compass Florida, LLC

Co-Listed By

Julian Fernandez

Compass Florida, LLC License #3330934

Last Buyer's Agent

Juan Zuluaga

Coldwell Banker Realty License #3399420

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,410

Year Built

  • Built in 2021

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $6,685 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Interior Spaces

  • 2,691 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-091-0130

Community Details

Overview

  • 59 Units
  • High-Rise Condominium
  • Monad Terrace Condos
  • Alton Beach Realty Co Sub Subdivision
  • 13-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Lobby
  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,410

Year Built

Built in 2021

Lot Details

0

HOA Fees

$6,685 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 9
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ALTON BEACH REALTY CO SUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Entrance Foyer, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2691
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 13
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen, Kitchen Dining, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • 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, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Card Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 6685
  • Amenities: Elevator(s), Exercise Room, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-091-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 6685
  • Number Of Units In Community: 59
  • Number Of Units Total: 59

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 53410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
May 12, 2025
Sold by
Thompson Westlake and Thompson Rosemarie
Bought by
Levy Elad and Ghanayim Riham
Seller's Agent
Todd Nordstrom
Compass Florida, LLC
Buyer's Agent
Juan Zuluaga
Coldwell Banker Realty
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%
Views
19
Current Estimated Value
$4,212,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,443
Avg. Annual Appreciation
20.30%

Purchase Details

Closed on
Mar 12, 2021
Sold by
Monad Terrace Property Owner Llc
Bought by
Marseille Real Property Investment Llc
Source: Public Records

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Range of Values:

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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
Warranty Deed $4,000,000 Clear Title Group
Warranty Deed $4,000,000 Clear Title Group
Special Warranty Deed $2,850,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $4,000,000 -4.8% $1,486 / Sq Ft
04/07/2025 04/07/25 Price Changed $4,200,000 -2.2% $1,561 / Sq Ft
01/22/2025 01/22/25 Price Changed $4,295,000 -4.5% $1,596 / Sq Ft
11/16/2024 11/16/24 Price Changed $4,499,000 -6.3% $1,672 / Sq Ft
09/20/2024 09/20/24 For Sale $4,800,000 +20.0% $1,784 / Sq Ft
07/05/2023 07/05/23 Sold $4,000,000 -5.9% $1,486 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/04/2023 05/04/23 Price Changed $4,250,000 -0.9% $1,579 / Sq Ft
08/23/2022 08/23/22 For Sale $4,290,000 0.0% $1,594 / Sq Ft
09/01/2021 09/01/21 Rented $24,000 0.0% --
07/08/2021 07/08/21 Off Market $24,000 -- --
07/08/2021 07/08/21 Under Contract -- -- --
06/28/2021 06/28/21 For Rent $24,000 -- --
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 $61,926 $3,336,681 -- --
2024 $53,410 $3,336,681 -- --
2023 $53,410 $2,712,748 $0 $0
2022 $46,337 $2,466,135 $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: A11661491

MIAMI REALTORS® MLS

APN: 02-3233-091-0130