NOT LISTED FOR SALE

Estimated Value: $671,130 - $1,019,000

1 Bed
1.5 Baths
1,025 Sq Ft
$535/mo HOA Fee

Last Sold May 24, 2016

Last sale price $424,000 $414 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,657/month

64 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Coconut Grove Elementary School Rated A
  • Newly Remodeled
  • 2-minute walk to Steele Mini Park

About This Home

As of May 2016

Conveniently located boutique building. 32 units sitting on Biscayne Bay w/boat slips to lease. Spacious condo w/oversized balcony, open floor plan, w/updated kitchen & baths. The master suite features hardwood floors and California shutters. Building amenities: heated pool, social room w/kitchen, BBQ area & sauna. Close to Cocowalk, Coral Gables attractions, MIA, Key Biscayne, Downtown & the Beaches.

Last Agent to Sell the Property

Marilyn Tatman

MMLS Assoc.-Inactive Member License #0634172 Listed on: 02/22/2016

Last Buyer's Agent

Toni Keel

RE/MAX 360 Real Estate License #0191108

RE/MAX 360 Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,435

Year Built

  • Built in 1970 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Privacy Fence
  • Fenced

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Property Views

  • Bay
  • Garden

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Casement Windows
  • Family or Dining Combination
  • Storage Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Seawall
  • Dock Available
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Reverse Cycle Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-4114-014-0160

Community Details

Overview

  • 32 Units
  • Mid-Rise Condominium
  • 1600 South Bayshore Lane Condos
  • The community has rules related to no recreational vehicles or boats
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Community Kitchen
  • Community Center
  • Party Room
  • Elevator
  • Lobby
  • Secure Lobby
  • Bike Room

Recreation

  • Boat Dock
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,435

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: One Block E. of South Bayshore Drive No. of SW 17 Ave. turn on E. Fairview, . and drive straight to gated complex.
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Walk-In Closet(s), Storage
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1025
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Hurricane Shutters, Blinds, Casement, Drapes, Plantation Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Storage Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Garden View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced, Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1600 South Bayshore Lane
  • Parking Features: 2 Or More Spaces, No Rv/Boats

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Reverse Cycle
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Card Entry, Phone Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 535
  • Amenities: Bike Storage, Boat Dock, Barbecue, Community Room, Elevator(s), Heated Pool, Kitchen Facilities, Exterior Lighting, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-4114-014-0160
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 535
  • Number Of Units In Community: 32
  • Number Of Units Total: 32

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
May 20, 2016
Sold by
Stewart Robert C and Finzio Marianne L
Bought by
Suter Lawrence P
Seller's Agent
Marilyn Tatman
MMLS Assoc.-Inactive Member
Buyer's Agent
Toni Keel
RE/MAX 360 Real Estate
List Price
$466,000
Sold Price
$424,000
Premium/Discount to List
-$42,000
-9.01%
Current Estimated Value
$823,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,783
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Jones Douglas M
Bought by
Stewart Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2002
Sold by
Luke W Charlton I
Bought by
Jones Douglas M

Purchase Details

Closed on
Jun 15, 2001
Sold by
Liliana Armas I
Bought by
Charlton Luke W

Purchase Details

Closed on
Mar 21, 1994
Sold by
Dela Torre Grace M
Bought by
Armas Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.97%
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 Buyer Sale Price Title Company
Suter Lawrence P $424,000 Attorney
Stewart Robert C $295,000 Columbia Title Of Fl Inc
Jones Douglas M $229,000 --
Charlton Luke W $199,000 --
Armas Liliana $125,000 --
Dela Torre Grace M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Robert C $295,000
Previous Owner Charlton Luke W $183,200
Previous Owner Dela Torre Grace M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $424,000 -9.0% $414 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $466,000 +9.9% $455 / Sq Ft
04/14/2016 04/14/16 Off Market $424,000 -- --
04/08/2016 04/08/16 Price Changed $466,000 -1.9% $455 / Sq Ft
02/22/2016 02/22/16 For Sale $475,000 -- $463 / 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 $9,629 $496,276 -- --
2024 $9,305 $451,160 -- --
2023 $9,305 $410,146 $0 $0
2022 $7,687 $372,860 $0 $0
2021 $7,691 $362,000 $0 $0
2020 $7,710 $362,000 $0 $0
2019 $7,727 $362,000 $0 $0
2018 $7,952 $379,638 $0 $0
2017 $7,311 $345,125 $0 $0
2016 $6,143 $265,148 $0 $0
2015 $5,435 $241,044 $0 $0
2014 $5,128 $219,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10038147

MIAMI REALTORS® MLS

APN: 01-4114-014-0160