$875,000
SOLD JUN 2, 2025
2 Beds
2 Baths
1,697 Sq Ft
$2,648/mo HOA Fee

Recently Sold

$516 Per Sq Ft

10% Below List Price

49 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Clubhouse
  • Property fronts an intracoastal waterway
  • Bay View
  • Deck

About This Home

As of June 2025

Spacious Line 01 updated 2/2 at the Palace Brickell. Spectacular Skyline views from fully renovated kitchen. Gorgeous sunrise Bay views from primary bdrm w/updated spa bath. 2 renovated glass balconies for outdoor enjoyment w/remote low-profile storm shutters for optimum protection. Semi-private elevator to 2-unit foyer. Corner location ensures complete privacy & unobstructed views. 1 reserved parking w/2nd space @$100/mth & EVC avail. Valet parking, 24 hr concierge, gatehouse security, tennis, kids playroom, new gym, party room, BBQ deck & heated bayside pool/spa, bike storage & pkg reception. Easy access to dining, shops, Key Bisc, the Grove & Mia Bch from So Brickel. SIRS report complete with/no spec asses, &40yr nearly complete. Access to the nearby Novotel resort during pool updates.

Last Agent to Sell the Property

Nancy Sanabria

Compass Florida, LLC License #0500376 Listed on: 02/28/2025

Compass Florida, LLC

Last Buyer's Agent

Mayra Aguirre

Keys Gate Realty, Inc. License #0679279

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,390

Year Built

  • Built in 1981 | Remodeled

Lot Details

HOA Fees

  • $2,648 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,697 Sq Ft Home
  • Electric Shutters
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Seawall
  • Courtyard
  • Deck
  • Outdoor Grill

Schools

  • Coral Way Elementary School
  • Ponce De Leon Middle School
  • Miami Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-038-0050

Community Details

Overview

  • 254 Units
  • High-Rise Condominium
  • The Palace Condos
  • The Palace Condo Subdivision
  • 40-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Bike Room
  • Elevator

Recreation

  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • Partial Electric Power Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,390

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$2,648 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Elevator, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1697
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Window Features: Partial Electric Power Shutters, Electric Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Pool Area View, Skyline
  • Exterior Features: Barbeque, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Intracoastal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Palace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Additional Spaces Available, Assigned, Covered, Deeded, Electric Vehicle Charging Station(s), Guest, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2648
  • Amenities: Barbecue, Bike Storage, Bike/Jog Path, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coral Way
  • High School: Miami Senior
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-39-038-0050

Rental Info

  • Pets Allowed: Cats OK

Multi Family

  • Number Of Units In Community: 254
  • Number Of Units Total: 254

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
May 30, 2025
Sold by
Stoll Heather and De Armas George
Bought by
Aguirres Investments Corp Inc
Seller's Agent
Nancy Sanabria
Compass Florida, LLC
Buyer's Agent
Mayra Aguirre
Keys Gate Realty, Inc.
List Price
$970,000
Sold Price
$875,000
Premium/Discount to List
-$95,000
-9.79%
Views
4
Current Estimated Value
$899,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,667
Avg. Annual Appreciation
10.44%
Original Mortgage
$795,500
Outstanding Balance
$794,455
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$105,212

Purchase Details

Listed on
Feb 16, 2018
Closed on
Feb 13, 2018
Sold by
Claflin Clarence and Frigo Catherine R
Bought by
Stoll Heather
Seller's Agent
LF Eric Realtor Sigler
London Foster Realty
Buyer's Agent
Vincent Diaz
Luxe Properties
Sold Price
$2,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Jun 9, 2008
Sold by
Claflin Clarence and Frigo Catherine R
Bought by
Claflin Clarence and Frigo Catherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,637
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2008
Sold by
Claflin Clarence
Bought by
Claflin Clarence and Frigo Catherine R

Purchase Details

Closed on
Dec 29, 2005
Sold by
Habib Hector Hugo
Bought by
Claflin Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $875,000 Carrillo Title Agency
Warranty Deed $875,000 Carrillo Title Agency
Warranty Deed $572,000 Attorney
Interfamily Deed Transfer -- First National Title
Interfamily Deed Transfer -- Nations Title & Escrow Servi
Warranty Deed $560,000 Premier Title Of S Fl Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $795,500 New Conventional
Closed $795,500 New Conventional
Previous Owner $396,085 New Conventional
Previous Owner $406,637 New Conventional
Previous Owner $28,000 Stand Alone Second
Previous Owner $417,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $875,000 -9.8% $516 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $970,000 0.0% $572 / Sq Ft
03/27/2018 03/27/18 Rented $2,900 -99.5% --
03/26/2018 03/26/18 Under Contract -- -- --
02/13/2018 02/13/18 Sold $572,000 0.0% $337 / Sq Ft
02/13/2018 02/13/18 For Rent $2,950 0.0% --
11/08/2017 11/08/17 For Sale $599,000 -- $353 / 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 $10,456 $580,059 -- --
2024 $10,390 $563,712 -- --
2023 $10,390 $547,294 $0 $0
2022 $10,088 $531,354 $0 $0
2021 $9,408 $442,795 $0 $0
2020 $9,431 $442,795 $0 $0
2019 $9,452 $442,795 $0 $0
2018 $6,247 $340,227 $0 $0
2017 $6,175 $333,230 $0 $0
2016 $6,215 $326,377 $0 $0
2015 $6,285 $324,109 $0 $0
2014 $6,357 $321,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11754523

MIAMI REALTORS® MLS

APN: 01-4139-038-0050