NOT LISTED FOR SALE

Estimated Value: $1,304,245

1 Bed
1.5 Baths
1,180 Sq Ft
1936 Built

Sale Details

Date Sold: December 15, 2017

Last sale price $651,000 $552 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $9,138 / mo

53 Days on Market

Highlights

  • Direct Ocean View
  • Balcony
  • Tile Flooring
  • Elevator
  • Patio
  • Central Heating and Cooling System

About This Home

As of December 2017

Corporate Owned Condo located in the heart of South Beach On world famous Ocean Drive!!! The nightlife, restaurants, bars, and beach at your doorstep!. Unit features an open kitchen with stainless steel appliances and granite counter tops. Large master suite with access to balcony! Master bath with double sink & so much more!!!. Ready to sell to your owner occupant or investor. Sold As-Is where is, no warranties expressed or implied. See attachments for disclosures and other terms. Contact agent or auction vendor directly for info. $2000 buyer premium paid at closing. Commissions are paid off the SP minus the buyers premium. If occupied property, inspections not available - sold As-Is. no for sale sign. Contact with occupants is prohibited.

Last Agent to Sell the Property

Henry Benito

MMLS Assoc.-Inactive Member License #0662885 Listed on: 08/01/2017

Last Buyer's Agent

Gary Shear

Roy Owen Realty Assoc., Inc. License #0343775

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1936

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,180 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Direct Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-081-0490

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Community
  • Netherland Of South Beach Condos
  • 9-Story Property

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Elevator
  • Maintenance Expense $1,147
  • Phone Entry

Property Details

Home Type

Condominium

Year Built

Built in 1936

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Directions: Bank of America employees, spouse or domestic partner, household members, business partners and insiders are prohibited from purchasing.
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5184

Interior Features

  • Appliances: Dishwasher, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1180
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Netherland of South Beach
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Phone Entry, Other

Condo/Co-op/Association

  • Amenities: Elevator(s), Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-081-0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 17604

Multi Family

  • Maintenance Expense: 1147

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Bought by
Current Estimated Value
$1,304,245

Purchase Details

Listed on
Aug 1, 2017
Closed on
Nov 27, 2017
Sold by
Bought by
Seller's Agent
Henry Benito
MMLS Assoc.-Inactive Member
Buyer's Agent
Gary Shear
Roy Owen Realty Assoc., Inc.
List Price
$679,900
Sold Price
$651,000
Premium/Discount to List
-$28,900
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 Attorney
$653,000 Servicelink Llc
$1,040,000 Attorney
$800,000 Allegiance Title Of Fl Inc
$370,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,040,000
Previous Owner $300,000
Previous Owner $640,000
Previous Owner $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $651,000 -4.3% $552 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $679,900 -- $576 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,805 $1,268,107
2024 $21,293 $1,152,825
2023 $21,293 $1,048,023 $0 $0
2022 $19,754 $1,047,424 $0 $0
2021 $18,778 $952,204 $0 $0
2020 $19,716 $1,018,400 $0 $0
2019 $19,063 $1,018,400 $0 $0
2018 $19,151 $1,018,416 $0 $0
2017 $18,235 $922,284 $0 $0
2016 $17,604 $838,440 $0 $0
2015 $16,613 $762,219 $0 $0
2014 $16,214 $692,927 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10318978

MIAMI REALTORS® MLS

APN: 02-3234-081-0490

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