$800,000
SOLD FEB 28, 2025
2 Beds
2 Baths
1,640 Sq Ft
$2,520/mo HOA Fee

Recently Sold

$488 Per Sq Ft

1% Above List Price

44 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Tennis Courts
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Bike Room

About This Home

As of February 2025

This exquisite 2-bedroom, 2-bathroom residence offers an expansive 1,640 square feet of beautifully designed living space, tailored for both comfort and style. Floor-to-ceiling windows flood the interiors with natural light, while offering breathtaking views of the iconic Miami skyline and the shimmering waters of Biscayne Bay. Step out onto your private balcony and immerse yourself in the beauty of the surrounding cityscape and waterfront, creating an ideal space for relaxation or entertaining guests. The building features rare amenities, including two tennis courts, a large pool deck over looking the water, and a fully-equipped gym, providing an exceptional lifestyle in one of Miami’s most desirable locations.

Last Agent to Sell the Property

Sean Presti

One Sotheby's International Realty License #3553301 Listed on: 01/15/2025

One Sotheby's International Realty

Co-Listed By

Saddy Delgado

One Sotheby's International Realty License #0430423

Last Buyer's Agent

Sebastian Acosta

One Sotheby's International Realty License #3105252

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,254

Year Built

  • Built in 1981

HOA Fees

  • $2,520 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,640 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-038-0650

Community Details

Overview

  • High-Rise Condominium
  • The Palace Condo
  • The Palace Condo Subdivision
  • 42-Story Property

Amenities

  • Valet Parking
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Phone Entry
  • Complete Storm Protection
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,254

Year Built

Built in 1981

Lot Details

0

HOA Fees

$2,520 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OSIR26
  • Co List Office Phone: 305-503-5275
  • Entry Level: 34
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Water Purifier, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1640
  • Possible Use: Unknown/Withheld
  • Stories: 42
  • Window Features: Complete Other Protection, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE PALACE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Phone Entry, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2520
  • Amenities: Bike Storage, Exercise Room, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-39-038-0650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 27, 2025
Sold by
Dyal Michael D and Smith Madeline Leigh
Bought by
Soteropoulos Demetrios
Seller's Agent
Sean Presti
One Sotheby's International Realty
Buyer's Agent
Sebastian Acosta
One Sotheby's International Realty
List Price
$790,000
Sold Price
$800,000
Premium/Discount to List
$10,000
1.27%
Views
11
Current Estimated Value
$821,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,773
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Aug 19, 2019
Sold by
Spear Gabel Camille Raymonde
Bought by
Dyal Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
3.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2012
Sold by
Nathaniel Spear and Nathaniel Josette F
Bought by
Gabel Camille Raymonde Spear

Purchase Details

Closed on
Dec 13, 2001
Sold by
Augusto J Baptista M and Augusto Ana M
Bought by
Spear Nathaniel and Spear Josette F

Purchase Details

Closed on
Nov 20, 1997
Sold by
Otero Carlos J
Bought by
Baptista Augusto J and Baptista Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $800,000 Florida Secured Title
Warranty Deed $665,000 Attorney
Deed $100 --
Deed $350,000 --
Warranty Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Credit Line Revolving
Previous Owner $498,750 Adjustable Rate Mortgage/ARM
Previous Owner $170,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $800,000 +1.3% $488 / Sq Ft
01/15/2025 01/15/25 For Sale $790,000 -- $482 / 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 $10,681 $591,577 -- --
2024 $10,613 $574,905 -- --
2023 $10,613 $558,161 $0 $0
2022 $10,305 $541,904 $0 $0
2021 $10,291 $526,121 $0 $0
2020 $10,319 $526,121 $0 $0
2019 $11,231 $526,121 $0 $0
2018 $11,020 $526,121 $0 $0
2017 $11,857 $559,703 $0 $0
2016 $12,075 $519,489 $0 $0
2015 $11,198 $472,263 $0 $0
2014 $10,476 $429,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11725637

MIAMI REALTORS® MLS

APN: 01-4139-038-0650