NOT LISTED FOR SALE

Estimated Value: $444,000 - $632,000

2 Beds
2 Baths
1,112 Sq Ft
$564/mo HOA Fee

Last Sold April 14, 2022

Last sale price $475,000 $427 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,924/month

35 Days on Market

Highlights

  • Courtyard
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2022

Beautiful 2 bedroom 2 bath in the heart of South Beach. This is a large and bright 2 bedroom 2 bath within walking distance to everything in South Beach. Your clients will not be disappointed.

Last Agent to Sell the Property

Rick Rabel

West Avenue Realty License #3073147 Listed on: 03/09/2022

Last Buyer's Agent

Mauricio Alfaro

The Canero Group License #3188490

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1957

HOA Fees

  • $564 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 1st floor

Interior Spaces

  • 1,112 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-080-0010

Community Details

Overview

  • 10 Units
  • Malabar Condos
  • Malabar Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,074

Year Built

Built in 1957

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MALABAR CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1112
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: Other, Courtyard
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MALABAR
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 564
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-080-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 564
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
Dec 15, 2014
Sold by
Brinton David L and Sterner Joseph E
Bought by
El Tamer Mahmoud and El Tamer Hania
Seller's Agent
Rick Rabel
West Avenue Realty
Buyer's Agent
Rick Rabel
West Avenue Realty
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Current Estimated Value
$534,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,101
Avg. Annual Appreciation
3.63%
Original Mortgage
$255,500
Outstanding Balance
$91,971
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$444,372

Purchase Details

Closed on
Aug 10, 2007
Sold by
Malabar Llc
Bought by
Brinton David L and Sterner Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
El Tamer Mahmoud $365,000 Jm Title Services Inc
Brinton David L $385,000 Royal Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El Tamer Mahmoud $255,500
Previous Owner Brinton David L $308,000
Previous Owner Brinton David L $57,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $475,000 0.0% $427 / Sq Ft
03/09/2022 03/09/22 For Sale $475,000 +30.1% $427 / Sq Ft
12/16/2014 12/16/14 Sold $365,000 -8.5% $328 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $399,000 0.0% $359 / Sq Ft
09/30/2013 09/30/13 Rented $2,100 -10.6% --
08/31/2013 08/31/13 Under Contract -- -- --
08/06/2013 08/06/13 For Rent $2,350 -- --
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 $6,469 $385,468 -- --
2024 $7,284 $385,468 -- --
2023 $7,284 $385,468 $0 $0
2022 $5,365 $285,532 $0 $0
2021 $5,074 $262,800 $0 $0
2020 $5,088 $262,800 $0 $0
2019 $5,364 $292,000 $0 $0
2018 $4,580 $243,581 $0 $0
2017 $4,883 $256,401 $0 $0
2016 $5,355 $275,700 $0 $0
2015 $5,462 $275,700 $0 $0
2014 $4,001 $196,927 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11162157

MIAMI REALTORS® MLS

APN: 02-3233-080-0010