NOT LISTED FOR SALE

Estimated Value: $1,077,000 - $1,341,000

2 Beds
2 Baths
1,384 Sq Ft
$1,027/mo HOA Fee

Last Sold October 21, 2019

Last sale price $720,000 $520 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,839/month

60 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Furnished

About This Home

As of October 2019

Fully renovated and furnished 2 bedroom with direct water views at the Waverly. This is a great apartment that has been fully redone and furnished with quality and designer pieces. The Waverly is a great building located on trendy West Avenue and is just steps to World Famous Lincoln Rd and all that South Beach has to offer. The building was recently painted, brand new modern lobby and social room, amenity floor is currently being renovated (assessment paid for by seller). Great opportunity for either an end user or investor. Call to schedule a showing.

Last Agent to Sell the Property

Rick Rabel

West Avenue Realty License #3073147 Listed on: 06/25/2019

Last Buyer's Agent

Rick Rabel

West Avenue Realty License #3073147 Listed on: 06/25/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,691

Year Built

  • Built in 2001

HOA Fees

  • $1,027 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,384 Sq Ft Home
  • Furnished
  • Built-In Features
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-069-2310

Community Details

Overview

  • High-Rise Condominium
  • The Waverly Condos
  • The Waverly At South Beac Subdivision
  • 36-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill

Recreation

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,691

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,027 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 18
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE WAVERLY AT SOUTH BEAC
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Fire Sprinklers, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished
  • Living Area: 1384
  • Possible Use: Primary
  • Stories: 36
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Water View
  • Exterior Features: East Of Us1, Open Balcony, Other, Tennis Court(s)
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Waverly
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Card Entry

Condo/Co-op/Association

  • Association Fee: 1027
  • Amenities: Barbecue, Clubhouse-Clubroom, Exercise Room, Heated Pool, Other, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-069-2310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1027

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Oct 21, 2019
Sold by
Hughes Hope and Kayse Kathleen
Bought by
Rivera Andrew Michael
Seller's Agent
Rick Rabel
West Avenue Realty
Buyer's Agent
Rick Rabel
West Avenue Realty
List Price
$799,000
Sold Price
$720,000
Premium/Discount to List
-$79,000
-9.89%
Current Estimated Value
$1,196,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,854
Avg. Annual Appreciation
10.06%
Original Mortgage
$648,000
Outstanding Balance
$570,968
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$684,118

Purchase Details

Listed on
May 11, 2013
Closed on
Jun 6, 2013
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Hughes Hope and Kayse Kathleen
Seller's Agent
Lynn Matos
RE/MAX Advance Realty II
Buyer's Agent
Rick Rabel
West Avenue Realty
List Price
$674,900
Sold Price
$650,000
Premium/Discount to List
-$24,900
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$417,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2013
Sold by
Cardenas Fabio
Bought by
Bank Of New York Mellon Trust Company Na

Purchase Details

Closed on
Apr 21, 2011
Sold by
Cardenas Fabio
Bought by
The Waverly At South Beach Condominium A

Purchase Details

Closed on
Dec 3, 2004
Sold by
Iglesia Julieta
Bought by
Wright Richard Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2003
Sold by
Athena Karlton Sobe Llc
Bought by
Iglesia Julieta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,450
Interest Rate
5.16%
Mortgage Type
Unknown
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
Rivera Andrew Michael $720,000 Premier Title Ins Co Llc
Hughes Hope $650,000 Platinum Title Of S Fl Inc
Bank Of New York Mellon Trust Company Na $980,820 None Available
The Waverly At South Beach Condominium A $200 None Available
Wright Richard Anthony $630,000 --
Iglesia Julieta $503,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Andrew Michael $648,000
Previous Owner Hughes Hope $417,000
Previous Owner Wright Richard Anthony $500,000
Previous Owner Wright Richard Anthony $67,000
Previous Owner Iglesia Julieta $402,450
Closed Iglesia Julieta $50,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $720,000 -8.7% $520 / Sq Ft
07/31/2019 07/31/19 Price Changed $789,000 -1.3% $570 / Sq Ft
06/25/2019 06/25/19 For Sale $799,000 0.0% $577 / Sq Ft
06/23/2017 06/23/17 Rented $3,950 -6.0% --
06/05/2017 06/05/17 Under Contract -- -- --
06/01/2017 06/01/17 For Rent $4,200 0.0% --
06/27/2013 06/27/13 Sold $650,000 -3.7% $470 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $674,900 -- $488 / 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
2025 $15,486 $964,859 -- --
2024 $14,334 $747,888 -- --
2023 $14,334 $679,899 $0 $0
2022 $11,910 $618,090 $0 $0
2021 $10,849 $561,900 $0 $0
2020 $10,878 $561,900 $0 $0
2019 $10,852 $560,000 $0 $0
2018 $11,691 $621,742 $0 $0
2017 $11,840 $621,742 $0 $0
2016 $14,632 $679,221 $0 $0
2015 $12,661 $617,474 $0 $0
2014 $11,405 $561,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10696708

MIAMI REALTORS® MLS

APN: 02-3233-069-2310