NOT LISTED FOR SALE

Estimated Value: $841,000 - $860,000

2 Beds
2 Baths
1,640 Sq Ft
1981 Built

Last Sold March 09, 2021

Last sale price $675,000 $412 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,861/month

5 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • Private Dock
  • Fitness Center
  • Newly Remodeled

About This Home

As of March 2021

Situated on one of the most prestigious streets in Miami. This unit affords views of the bay and the city. On a clear day you can even see Stiltsville. The two bedroom split plan allows privacy for each occupant. The living room has floor to ceiling sliding glass doors allowing a panoramic view. No pets allowed only ESA.

Easy to show. Call listing agent.

Exclusion to the sale is the Luminair bookcase in the living room.

Last Agent to Sell the Property

Denise Ringpfeil

SDR Properties of Dade County License #0354015 Listed on: 02/03/2021

Last Buyer's Agent

Denise Ringpfeil

SDR Properties of Dade County License #0354015 Listed on: 02/03/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 1981 | Newly Remodeled

Lot Details

  • West Facing Home

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,640 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Private Dock
  • Deck

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-038-0440

Community Details

Overview

  • Property has a Home Owners Association
  • The Palace Condos
  • The Palace Condo Subdivision
  • 40-Story Property

Amenities

  • Doorman
  • Trash Chute

Recreation

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $1,341

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,206

Year Built

Built in 1981 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Directions: Go north on Brickell Avenue. Building is located on the east side .
  • Entry Level: 12
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Elevator, Exclusions, Entrance Foyer, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1640
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 40
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Intracoastal View
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: West
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Palace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Amenities: Exercise Room, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-39-038-0440
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1341

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 4, 2021
Sold by
Martindale Christine
Bought by
Garcia Michael and Garcia Sandi Hecht
Seller's Agent
Denise Ringpfeil
SDR Properties of Dade County
Buyer's Agent
Denise Ringpfeil
SDR Properties of Dade County
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$909,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,472
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Aug 11, 2020
Sold by
Martindale Christine
Bought by
Martindale Christine and Watkins Glen D
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
Garcia Michael $675,000 Attorney
Martindale Christine -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martindale Christine $153,358
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $675,000 0.0% $412 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $675,000 -- $412 / 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 $10,052 $559,268 -- --
2024 $9,987 $543,507 -- --
2023 $9,987 $527,677 $0 $0
2022 $9,695 $512,308 $0 $0
2021 $8,184 $426,923 $0 $0
2020 $8,206 $426,923 $0 $0
2019 $8,225 $426,923 $0 $0
2018 $8,063 $426,923 $0 $0
2017 $8,737 $454,173 $0 $0
2016 $9,147 $460,692 $0 $0
2015 $9,251 $457,490 $0 $0
2014 $8,501 $348,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10990553

MIAMI REALTORS® MLS

APN: 01-4139-038-0440