$1,617,946
SOLD NOV 7, 2024
3 Beds
3.5 Baths
3,140 Sq Ft
$2,655/mo HOA Fee

Recently Sold

$515 Per Sq Ft

14% Below List Price

58 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Bay View
  • Wood Flooring
  • Howard Drive Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of November 2024

Venice Building Rarely Available, Exclusive East Tower Dream! With spectacular wrap-around balcony views of Downtown Miami, golf course, lagoon, & Biscayne Bay, this uniquely positioned oasis will not disappoint. Enter private foyer to spacious 3 bed/3 ½ bath plus office w/over 3,140 SF of livable space! Open-concept living/dining areas plus eat-in kitchen all open to the oversized water-view-filled balconies. Generous owners suite w/2 baths, 3 closets, & office. Experience the fabulous Country Club lifestyle at South Florida’s only exclusive boating/golf/tennis community along Biscayne Bay. Amenities include spa, heated pool, 2 parking spots, storage unit, golf cart spot, plus building/elevator security.Golf/Tennis memberships available. Who is ready to call this slice of paradise home?

Last Agent to Sell the Property

Adam Levy

Compass Florida, LLC License #0639784 Listed on: 07/23/2024

Compass Florida, LLC

Co-Listed By

Chris Crystal

Miami Real Estate Company License #0485590

Last Buyer's Agent

Olalla Gimenez

Great Properties International LLC License #3358589

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,636

Year Built

  • Built in 1993

HOA Fees

  • $2,655 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Golf Course

Home Design

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

Interior Spaces

  • 3,140 Sq Ft Home
  • Plantation Shutters
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

  • Howard Drive Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Home fronts a lagoon or estuary
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-50-24-010-0220

Community Details

Overview

  • Club Membership Available
  • Mid-Rise Condominium
  • Deering Bay Condos
  • Deering Bay Condo I Subdivision, Venice Floorplan
  • 6-Story Property

Amenities

  • Trash Chute
  • Lobby
  • Bike Room
  • Elevator

Recreation

  • Golf Course Membership Available
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $718

Security

  • Security Guard
  • Secure Elevator
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,636

Year Built

Built in 1993

Lot Details

0

HOA Fees

$2,655 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Condominium
  • Co List Office Mls Id: MREC01
  • Co List Office Phone: 305-666-7966
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: Venice
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: DEERING BAY CONDO I
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 3140
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Complete Accordian Shutters, Plantation Shutters
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Golf View, Lagoon
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Deering Bay
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 7965
  • Amenities: Bike Storage, Elevator(s), Golf Equity Available, Heated Pool, Other Membership Available, Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Howard Drive
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-50-24-010-0220
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 718

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Oct 5, 2024
Sold by
Rapperport Alan S and Rapperport Sue
Bought by
Gonzalez Fernando De Frutos and Gonzalez Nadia Morger
Seller's Agent
Adam Levy
Compass Florida, LLC
Buyer's Agent
Olalla Gimenez
Great Properties International LLC
List Price
$1,875,000
Sold Price
$1,617,946
Premium/Discount to List
-$257,054
-13.71%
Views
31
Current Estimated Value
$1,725,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,381
Avg. Annual Appreciation
7.67%
Original Mortgage
$1,000,000
Outstanding Balance
$989,021
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$736,306

Purchase Details

Closed on
May 17, 2016
Sold by
Rapperport Alan S and Rapperport Sue
Bought by
Rapperport Alan S and Rapperport Sue

Purchase Details

Closed on
Sep 27, 1993
Sold by
Deering Bay Assoc
Bought by
Rapperport Alan S and Rapperport Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,618,000 None Listed On Document
Warranty Deed $1,618,000 None Listed On Document
Warranty Deed $1,618,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Deed $926,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $900,000 Credit Line Revolving
Previous Owner $203,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $1,617,946 -13.7% $515 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $1,875,000 -- $597 / 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 $16,031 $1,272,583 -- --
2024 $15,636 $917,817 -- --
2023 $15,636 $891,085 $0 $0
2022 $15,149 $865,132 $0 $0
2021 $15,108 $839,934 $0 $0
2020 $14,933 $828,338 $0 $0
2019 $14,619 $809,715 $0 $0
2018 $14,201 $805,774 $0 $0
2017 $14,078 $789,201 $0 $0
2016 $14,058 $772,969 $0 $0
2015 $14,224 $767,596 $0 $0
2014 $14,416 $761,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11628250

MIAMI REALTORS® MLS

APN: 03-5024-010-0220