Seller's Agent in 2022
Ines Flax
One Sotheby's International Re
(786) 218-7600
22 in this area
60 Total Sales
Estimated Value: $1,363,000 - $1,804,000
2
Beds
2
Baths
1,170
Sq Ft
$1,806/mo
HOA Fee
Highlights
- Valet Parking
- Fitness Center
- Furnished
- Ocean Front
- Marble Flooring
- 1-minute walk to Miami Beach Ocean Walk
About This Home
As of May 2022Most Desirable 08 line; SW corner residence with direct ocean & city views at the iconic Michael Graves building. The unit has beautiful marble floors and bathrooms throughout. Lots of custom-designed buildouts with the highest quality and taste. Come make each day a BEACH DAY at the Michael Graves on South Beach an award-winner boutique condo in the heart of the historical art deco district and ON THE SAND... Luxurious amenities like newly renovated spa/gym and Mother of Pearl pool, concierge & private beach services, billiard table, social room, barbecue area, extra ac storage, communal bikes, magnificent gardens, gym with state-of-the-art equipment + peloton bike, 24/7 security, valet and front desk, concierge and so much more.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,504
Year Built
- Built in 1998
Lot Details
- Ocean Front
- Southwest Facing Home
- Fenced
HOA Fees
- $1,806 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
Home Design
- Entry on the 8th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,170 Sq Ft Home
- Furnished
- Built-In Features
- Drapes & Rods
- Marble Flooring
- Intercom Access
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Property has ocean access
- Beach Access
- Attended Boat Services
- Outdoor Grill
- Porch
Additional Features
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-34-118-0810
Community Details
Overview
- 113 Units
- High-Rise Condominium
- 1500 Ocean Drive Condos
- 1500 Ocean Drive Condo Subdivision
- 15-Story Property
Amenities
- Valet Parking
- Elevator
Recreation
- Community Spa
Pet Policy
- Breed Restrictions
Building Details
Security
- Complex Is Fenced
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2021
Closed on
May 16, 2022
Sold by
Jerry Herman Inter Vivos Trust
Bought by
Archambault-Maheu Miami Trust
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Ines Flax
One Sotheby's International Re
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,092
Avg. Annual Appreciation
4.07%
Purchase Details
Closed on
Dec 17, 2021
Sold by
Given Not
Bought by
Jerry Herman Inter Vivos Trust
Purchase Details
Closed on
Feb 1, 2008
Sold by
Herman Jerry
Bought by
Herman Jerry
Purchase Details
Closed on
May 15, 2006
Sold by
Yee Kohhann
Bought by
Herman Jerry
Purchase Details
Closed on
Mar 9, 2005
Sold by
Cadira Frank J and Santos Mario L
Bought by
Yee Kohhann
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Archambault-Maheu Miami Trust | $1,375,000 | Lance A Geller Pa | |
| Jerry Herman Inter Vivos Trust | -- | Greenberg Traurig Pa | |
| Herman Jerry | -- | Attorney | |
| Herman Jerry | $1,250,000 | Attorney | |
| Yee Kohhann | $815,000 | Keys Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $1,375,000 | -8.3% | $1,175 / Sq Ft |
| 12/14/2021 12/14/21 | For Sale | $1,500,000 | 0.0% | $1,282 / Sq Ft |
| 12/23/2020 12/23/20 | Rented | $10,000 | +56.3% | -- |
| 12/20/2020 12/20/20 | Under Contract | -- | -- | -- |
| 08/06/2020 08/06/20 | For Rent | $6,400 | +16.4% | -- |
| 03/22/2019 03/22/19 | Rented | $5,500 | -15.4% | -- |
| 03/11/2019 03/11/19 | Under Contract | -- | -- | -- |
| 05/07/2018 05/07/18 | For Rent | $6,500 | 0.0% | -- |
| 08/28/2017 08/28/17 | For Rent | $6,500 | 0.0% | -- |
| 08/22/2017 08/22/17 | Off Market | $6,500 | -- | -- |
| 04/20/2017 04/20/17 | For Rent | $6,500 | 0.0% | -- |
| 11/01/2015 11/01/15 | Rented | $6,500 | -7.1% | -- |
| 10/02/2015 10/02/15 | Under Contract | -- | -- | -- |
| 06/26/2015 06/26/15 | For Rent | $7,000 | +16.7% | -- |
| 06/20/2014 06/20/14 | Rented | $6,000 | +9.1% | -- |
| 05/21/2014 05/21/14 | Under Contract | -- | -- | -- |
| 12/10/2012 12/10/12 | For Rent | $5,500 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $20,284 | $1,079,463 | -- | -- |
| 2024 | $18,544 | $1,079,463 | -- | -- |
| 2023 | $18,544 | $981,330 | $0 | $0 |
| 2022 | $18,439 | $981,330 | $0 | $0 |
| 2021 | $18,045 | $934,600 | $0 | $0 |
| 2020 | $18,093 | $934,600 | $0 | $0 |
| 2019 | $19,687 | $1,015,900 | $0 | $0 |
| 2018 | $20,109 | $1,069,414 | $0 | $0 |
| 2017 | $20,604 | $1,056,552 | $0 | $0 |
| 2016 | $20,682 | $960,502 | $0 | $0 |
| 2015 | $19,372 | $873,184 | $0 | $0 |
| 2014 | $17,740 | $793,804 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ines Flax
-
Cindy Orlinsky
Buyer's Agent in 2020
Cindy Orlinsky
Douglas Elliman
(305) 469-3222
66 Total Sales
-
Stephane Zerdoun
S
Buyer's Agent in 2019
Stephane Zerdoun
One Sotheby's International Re
(786) 247-4596
3 Total Sales
-
Patty Marun
Seller Co-Listing Agent in 2014
Patty Marun
Suma Luxury Realty
(305) 767-5220
10 in this area
23 Total Sales
About This Building
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11136073
APN: 02-3234-118-0810
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