NOT LISTED FOR SALE

Estimated Value: $1,222,984 - $1,987,000

1 Bed
1.5 Baths
1,210 Sq Ft
1998 Built

Last Sold April 27, 2016

Last sale price $1,100,000 $909 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,537/month

Highlights

  • Valet Parking
  • Beach Access
  • Spa
  • Ocean Front
  • Fitness Center
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of June 2024

Welcome to Villaggio, where exceptional service and amenities await you. Step inside your residence to discover wood floors that exude warmth and elegance, creating an inviting living space. Pamper yourself in the marble bath, complete with a Jacuzzi tub for a truly indulgent experience. Gourmet kitchen featuring Italian cabinetry, granite counters, and top-of-the-line appliances that elevate your cooking experience to new heights. Experience luxury from the moment you enter the newly renovated lobby, setting the tone for upscale living. Stay active and healthy in our brand-new, state-of-the-art fitness center, designed to meet all your exercise needs. Outside, our south-facing pool area beckons with its stunning design, offering a tranquil oasis to relax and unwind.

Last Agent to Rent the Property

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 03/11/2024

One Sotheby's International Re

Last Renter's Agent

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 03/11/2024

One Sotheby's International Re

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,992

Year Built

  • Built in 1998

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,210 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Ocean Views
  • Door Monitored By TV

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • Roman Tub

Pool

  • Spa
  • Heated Above Ground Pool

Outdoor Features

  • Beach Access
  • Attended Boat Services
  • Balcony
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Property Available on 5/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-115-0100

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Il Villaggio On South Bea Condos
  • Il Villaggio On South Bea Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Sauna
  • Game Room
  • Billiard Room
  • Community Center
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Dogs Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Walled
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,992

Year Built

Built in 1998

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Dogs OK
  • Available Date: 2024-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Phone: 305-538-9711
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Attended,Beach,Beach Access
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 15
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: IL VILLAGGIO ON SOUTH BEA
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 15

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Fire Sprinklers, Roman Tub, Walk-In Closet(s)
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1210
  • Spa Features: Community
  • Stories: 15
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Ocean, Other
  • Exterior Features: Barbeque, Built-In Grill, Open Balcony
  • Construction Type: CBS Construction
  • Lot Features: East Of US 1
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground, Heated, Hot Tub
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: IL VILLAGGIO ON SOUTH BEA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Key Card Entry, Lobby Attended, TV Monitor, Walled

Condo/Co-op/Association

  • Amenities: Activity Room, Elevator(s), Exercise Room, Maintained Community, Pool Table, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Exercise Room, Game Room, Management On Site, Sauna, Spa/Hot Tub

Lot Info

  • Parcel Number: 02-32-34-115-0100
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Apr 27, 2016
Sold by
Fl Realty Trust & Fund Llc
Bought by
Ghassan S Salameh Revocable Trust
Seller's Agent
Marzia Lopez
FL Real Estate Brokerage
Buyer's Agent
Ines Flax
One Sotheby's International Re
List Price
$1,445,000
Sold Price
$1,100,000
Premium/Discount to List
-$345,000
-23.88%
Current Estimated Value
$1,500,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,746
Avg. Annual Appreciation
3.40%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Ii Villaggio Condo Assn Inc
Bought by
Fl Realty Trust & Fund Llc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Tucker Thomas C
Bought by
Sommer Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 1, 2004
Sold by
Tucker Denise J
Bought by
Tucker Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2001
Sold by
Jorge L Suarez I
Bought by
Tucker Thomas C and Tucker Denise J

Purchase Details

Closed on
Oct 20, 1998
Sold by
Worldinvest Joint Venture
Bought by
Suarez Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ghassan S Salameh Revocable Trust $1,100,000 Attorney
Fl Realty Trust & Fund Llc $400,100 None Available
Sommer Richard $840,000 Attorney
Tucker Thomas C $295,000 --
Tucker Thomas C $599,000 --
Suarez Jorge L $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sommer Richard $672,000
Previous Owner Tucker Thomas C $300,000
Previous Owner Suarez Jorge L $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2024 06/15/24 Rented $6,250 -10.7% --
03/11/2024 03/11/24 For Rent $7,000 0.0% --
12/01/2023 12/01/23 Rented $7,000 +16.7% --
11/03/2023 11/03/23 Under Contract -- -- --
05/15/2023 05/15/23 For Rent $6,000 0.0% --
12/15/2022 12/15/22 Rented $6,000 0.0% --
11/21/2022 11/21/22 Under Contract -- -- --
04/04/2022 04/04/22 For Rent $6,000 0.0% --
02/18/2022 02/18/22 Under Contract -- -- --
01/31/2022 01/31/22 For Rent $6,000 -86.7% --
04/01/2018 04/01/18 Rented $45,000 +900.0% --
03/21/2018 03/21/18 Under Contract -- -- --
01/01/2018 01/01/18 For Rent $4,500 0.0% --
04/27/2016 04/27/16 Sold $1,100,000 -23.9% $909 / Sq Ft
01/14/2016 01/14/16 For Sale $1,445,000 -- $1,194 / 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 $14,992 $800,125 -- --
2024 $13,161 $727,387 -- --
2023 $13,161 $661,261 $0 $0
2022 $11,343 $601,147 $0 $0
2021 $10,552 $563,400 $0 $0
2020 $10,907 $563,400 $0 $0
2019 $15,598 $804,900 $0 $0
2018 $16,818 $894,360 $0 $0
2017 $17,031 $894,360 $0 $0
2016 $17,372 $894,360 $0 $0
2015 $16,845 $822,663 $0 $0
2014 $16,363 $747,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11548239

MIAMI REALTORS® MLS

APN: 02-3234-115-0100