$305,000
SOLD APR 18, 2025
2 Beds
2 Baths
1,178 Sq Ft
$1,211/mo HOA Fee

Recently Sold

$259 Per Sq Ft

18% Below List Price

198 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Community Center
  • Card or Code Access
  • Fitness Center
  • Balcony
  • Community Barbecue Grill

About This Home

As of April 2025

Discover your perfect vacation home or investment opportunity in the thriving community of North Bay Village. This 7th-floor corner unit offers unobstructed panoramic views and allows six-month rentals immediately after purchase. Featuring two spacious bedrooms, two bathrooms, a bright living area, a south-facing balcony, four oversized closets, and a functional galley kitchen. Island Place amenities include a waterfront pool, BBQ area, fitness center, and assigned parking, with additional street parking available. With ongoing upgrades to complement the island’s beautification, this is your chance to secure a prime property in one of Miami's most rapidly growing areas!

Last Agent to Sell the Property

Chelsea Bagley

Compass Florida, LLC Brokerage Phone: 305-778-9625 License #3468697 Listed on: 10/02/2024

Compass Florida, LLC

Co-Listed By

Joanna Jimenez

Compass Florida, LLC Brokerage Phone: 305-778-9625 License #3224030

Last Buyer's Agent

Jeffrey Moore

Sterling Equity Realty LLC License #3014541

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1966

HOA Fees

  • $1,211 Monthly HOA Fees

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,178 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Assigned Parking

Schools

  • Treasure Island Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 23-32-09-042-1220

Community Details

Overview

  • Mid-Rise Condominium
  • Island Place At North Bay Condos
  • Island Place At North Bay Subdivision
  • 8-Story Property

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,856

Year Built

Built in 1966

Lot Details

0

HOA Fees

$1,211 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 305-851-2820
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND PLACE AT NORTH BAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-778-9625
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1178
  • Possible Use: Unknown/Withheld
  • Stories: 8
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ISLAND PLACE AT NORTH BAY
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 1211
  • Amenities: Barbecue, Community Room, Exercise Room, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Treasure Island
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 23-32-09-042-1220
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Apr 17, 2025
Sold by
Galarce Fabio and Galarce Mauricio
Bought by
Island Place Llc
Seller's Agent
Chelsea Bagley
Compass Florida, LLC
Buyer's Agent
Jeffrey Moore
Sterling Equity Realty LLC
List Price
$370,000
Sold Price
$305,000
Premium/Discount to List
-$65,000
-17.57%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Listed on
Feb 27, 2018
Closed on
May 24, 2018
Sold by
Fernandez Fernando
Bought by
Galarce Fablo and Galarce Mauricio
Seller's Agent
Gary Aboff
Ocean International Realty
Buyer's Agent
Eric Periu
United Realty Group Inc
List Price
$245,000
Sold Price
$238,750
Premium/Discount to List
-$6,250
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$214,875
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2012
Closed on
Jul 17, 2012
Sold by
Boodhoo Niala K
Bought by
Pachi Llc
Seller's Agent
Lindsey Brown
BHHS EWM Realty
Buyer's Agent
Gary Aboff
Ocean International Realty
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Aug 26, 2004
Sold by
Michaels Louis and Meyer Diane
Bought by
Boodhoo Niala K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2003
Sold by
Grec Conversions V Ltd
Bought by
Michaels Louis and Major Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,210
Interest Rate
6.32%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $305,000 None Listed On Document
Warranty Deed $305,000 None Listed On Document
Warranty Deed $238,750 My Title Guy
Warranty Deed $135,000 Attorney
Warranty Deed $260,000 Universal Land Title Inc
Warranty Deed $236,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $214,875 New Conventional
Previous Owner $12,000 Credit Line Revolving
Previous Owner $220,000 Unknown
Previous Owner $208,000 Unknown
Previous Owner $213,210 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $2,950 -7.8% $3 / Sq Ft
06/10/2025 06/10/25 For Rent $3,200 0.0% --
04/18/2025 04/18/25 Sold $305,000 -10.3% $259 / Sq Ft
12/17/2024 12/17/24 Price Changed $340,000 -8.1% $289 / Sq Ft
12/02/2024 12/02/24 For Sale $370,000 +21.3% $314 / Sq Ft
12/01/2024 12/01/24 Off Market $305,000 -- --
10/02/2024 10/02/24 For Sale $370,000 +55.0% $314 / Sq Ft
05/31/2018 05/31/18 Sold $238,750 -2.6% $203 / Sq Ft
02/22/2018 02/22/18 For Sale $245,000 0.0% $208 / Sq Ft
02/11/2016 02/11/16 Rented $1,800 -8.9% --
01/28/2016 01/28/16 Under Contract -- -- --
11/12/2015 11/12/15 For Rent $1,975 +14.5% --
01/10/2014 01/10/14 Rented $1,725 -2.8% --
12/11/2013 12/11/13 Under Contract -- -- --
10/04/2013 10/04/13 For Rent $1,775 +4.4% --
10/25/2012 10/25/12 Rented $1,700 -5.3% --
09/25/2012 09/25/12 Under Contract -- -- --
08/01/2012 08/01/12 For Rent $1,795 0.0% --
07/31/2012 07/31/12 Sold $135,000 0.0% $115 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $135,000 -- $115 / 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 $2,948 $182,153 -- --
2024 $2,856 $177,020 -- --
2023 $2,856 $171,865 $0 $0
2022 $2,698 $166,860 $0 $0
2021 $2,694 $162,000 $0 $0
2020 $2,918 $172,368 $0 $0
2019 $3,973 $181,440 $0 $0
2018 $3,609 $168,000 $0 $0
2017 $3,998 $180,346 $0 $0
2016 $3,707 $163,951 $0 $0
2015 $3,912 $149,047 $0 $0
2014 $3,812 $135,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11669783

MIAMI REALTORS® MLS

APN: 23-3209-042-1220