NOT LISTED FOR SALE

Estimated Value: $610,000 - $630,000

2 Beds
2 Baths
1,030 Sq Ft
$865/mo HOA Fee

Last Sold June 17, 2022

Last sale price $510,000 $495 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,957/month

94 Days on Market

Highlights

  • Ocean View
  • Recreation Room
  • Main Floor Primary Bedroom
  • Fitness Center
  • Marble Flooring
  • Heated Community Pool

About This Home

As of June 2022

Location is Everything! South Beach Pied-A-Terre fit for a King! Ideally situated where Lincoln road meets the Bay! This cool, modern home is in South Beach's best-kept boutique building, Bayview Plaza. Easy care marble floors, a separate galley kitchen with a window overlooking South Beach & Lincoln Road, with 2 balconies for outdoor relaxation. Building features integrated key fob entry, security cameras, pool, modern gym, efficient AC system. The lobby and common areas have been redefined and a healthy association to boot! You will not go wrong with this distinct home,
well maintained and ready for the new owner. Walking distance to Trader Joe's, Whole Foods, Publix, Fresh Market, and great restaurants too! Opportunity Knocks, do reserve your private tour today!

Last Agent to Sell the Property

Gary Feix

One Sotheby's International Realty License #0608870 Listed on: 03/14/2022

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,169

Year Built

  • Built in 1997

HOA Fees

  • $865 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,030 Sq Ft Home
  • Bay Window
  • Sliding Windows
  • Combination Dining and Living Room
  • Recreation Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Northeast Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-063-0060

Community Details

Overview

  • 78 Units
  • High-Rise Condominium
  • Bayviewplaza Condos
  • Bayview Plaza Condo,Bayview Plaza Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 13-Story Property

Amenities

  • Trash Chute
  • Community Kitchen
  • Community Center
  • Party Room
  • Laundry Facilities
  • Lobby
  • Interior Hall
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Walled
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,169

Year Built

Built in 1997

Lot Details

0

HOA Fees

$865 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Bayview Plaza Condo,Bayview Plaza
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, Elevator, Fire Sprinklers, Stacked Bedroom, Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1030
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 13
  • Window Features: Bay Window(s), Sliding
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Recreation Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: Northeast
  • Disclosures: Disclosure
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BayviewPlaza
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Fire Alarm, Phone Entry, Secured Garage/Parking, Walled

Condo/Co-op/Association

  • Association Fee: 865
  • Amenities: Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-33-063-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 865
  • Number Of Units In Community: 78

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jun 16, 2022
Sold by
Patrick Maitam
Bought by
Kahhale Ramzy
Seller's Agent
Gary Feix
One Sotheby's International Realty
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Current Estimated Value
$626,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,013
Avg. Annual Appreciation
6.84%
Original Mortgage
$575,000
Outstanding Balance
$526,031
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$99,982

Purchase Details

Closed on
May 17, 2010
Sold by
Maitam Patrick and Deneux Beatrice
Bought by
Maitam Patrick

Purchase Details

Closed on
Jun 12, 2008
Sold by
Williams Annlisa A
Bought by
Maitam Patrick and Deneux Beatrice

Purchase Details

Closed on
Mar 17, 2004
Sold by
Ruiz Marcio
Bought by
Williams Annlisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 1998
Sold by
Lincoln Development Inc
Bought by
Ruiz Marcio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.96%
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
Kahhale Ramzy $510,000 Florida Secured Title
Maitam Patrick -- Attorney
Maitam Patrick $345,000 Attorney
Williams Annlisa A $286,000 --
Ruiz Marcio $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahhale Ramzy $575,000
Previous Owner Williams Annlisa A $271,700
Previous Owner Ruiz Marcio $30,000
Previous Owner Ruiz Marcio $224,000
Previous Owner Ruiz Marcio $172,000
Previous Owner Ruiz Marcio $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $510,000 -5.4% $495 / Sq Ft
03/14/2022 03/14/22 For Sale $539,000 0.0% $523 / Sq Ft
07/26/2021 07/26/21 Rented $2,800 +3.7% --
06/09/2021 06/09/21 For Rent $2,700 +28.6% --
08/01/2017 08/01/17 Rented $2,100 -4.5% --
07/18/2017 07/18/17 Price Changed $2,200 -8.3% $2 / Sq Ft
04/17/2017 04/17/17 For Rent $2,400 +9.1% --
03/28/2013 03/28/13 Rented $2,200 -8.3% --
02/26/2013 02/26/13 Under Contract -- -- --
12/21/2012 12/21/12 For Rent $2,400 -- --
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 $7,617 $448,736 -- --
2024 $7,416 $446,568 -- --
2023 $7,416 $433,562 $0 $0
2022 $6,709 $351,450 $0 $0
2021 $6,169 $319,500 $0 $0
2020 $6,185 $319,500 $0 $0
2019 $6,879 $355,000 $0 $0
2018 $6,962 $394,119 $0 $0
2017 $6,751 $324,474 $0 $0
2016 $6,545 $294,977 $0 $0
2015 $5,849 $268,161 $0 $0
2014 $5,503 $270,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11173827

MIAMI REALTORS® MLS

APN: 02-3233-063-0060