NOT LISTED FOR SALE

Oceania I 16425 Collins Ave Unit 1514 Sunny Isles Beach, FL 33160

Estimated Value: $1,001,000 - $1,233,000

2 Beds
2 Baths
1,760 Sq Ft
$94/mo HOA Fee

Last Sold May 18, 2018

Last sale price $680,000 $386 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,282/month

89 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Wood Flooring
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of May 2018

Beautiful 2 bedroom 2 bathroom on the beach with stunning ocean and intercostal views and two large balconies. Bright and spacious apartment with parquet wood floors throughout. Oceania I is a great building on the ocean that just completed a multimillion dollar renovations in the lobby, hallways and common areas. Enjoy the resort lifestyle with a fitness center offering lots of classes, full spa with beauty salon, pool, indoor racquetball, tennis courts, beach club with bar and food service, 24 hour doorman, security and complimentary valet. Text or call for showing instructions

Last Agent to Sell the Property

Federica Tuaty

ORBIS Realty, LLC License #3233339 Listed on: 11/30/2017

Last Buyer's Agent

Federica Tuaty

ORBIS Realty, LLC License #3233339 Listed on: 11/30/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,746

Year Built

  • Built in 1990

Lot Details

  • Ocean Front
  • Northeast Facing Home
  • Land Lease of $1 per year

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,760 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 31-22-14-025-1000

Community Details

Overview

  • Club Membership Available
  • High-Rise Condominium
  • Oceania I Condos
  • Oceania I Condo Subdivision
  • 29-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Secure Lobby
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $1,129

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,746

Year Built

Built in 1990

Lot Details

0

HOA Fees

$94 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEANIA I CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Parquet, Wood
  • Furnished: Unfurnished
  • Living Area: 1760
  • Possible Use: Primary
  • Stories: 29
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Oceania I
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1131
  • Amenities: Barbecue, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Other Membership Available, Pool, Private Pool, Trash Chute
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 31-22-14-025-1000
  • Land Lease Amount Frequency: Annually
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Land Lease Amount: 1

Multi Family

  • Maintenance Expense: 1129

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
May 11, 2018
Sold by
Wachter Qualified Domestic Trust
Bought by
Canelo Mariana A and Canelo Daniel
Seller's Agent
Federica Tuaty
ORBIS Realty, LLC
Buyer's Agent
Federica Tuaty
ORBIS Realty, LLC
List Price
$785,000
Sold Price
$680,000
Premium/Discount to List
-$105,000
-13.38%
Current Estimated Value
$1,115,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,471
Avg. Annual Appreciation
7.16%
Original Mortgage
$430,000
Outstanding Balance
$371,827
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$750,785

Purchase Details

Closed on
Nov 17, 2001
Sold by
Pina F Wachter I
Bought by
Wachter Trust

Purchase Details

Closed on
Oct 23, 2001
Sold by
Brian Vanore M and Brian Wendy Vanore
Bought by
Wachter Pina F and Tuaty Federica
Source: Public Records

Range of Values:

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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
Canelo Mariana A $680,000 Attorney
Wachter Trust $87,500 --
Wachter Pina F $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canelo Mariana A $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $680,000 -4.9% $386 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/01/2018 02/01/18 Price Changed $715,000 -2.7% $406 / Sq Ft
01/23/2018 01/23/18 Price Changed $735,000 -2.6% $418 / Sq Ft
12/18/2017 12/18/17 Price Changed $755,000 -2.6% $429 / Sq Ft
12/07/2017 12/07/17 Price Changed $775,000 -1.3% $440 / Sq Ft
11/30/2017 11/30/17 For Sale $785,000 -- $446 / 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 $13,334 $821,940 -- --
2024 $12,611 $772,435 -- --
2023 $12,611 $702,214 $0 $0
2022 $10,938 $638,377 $0 $0
2021 $10,336 $581,400 $0 $0
2020 $9,735 $543,000 $0 $0
2019 $9,762 $543,000 $0 $0
2018 $8,660 $493,835 $0 $0
2017 $10,746 $599,317 $0 $0
2016 $10,716 $544,834 $0 $0
2015 $9,805 $495,304 $0 $0
2014 $9,562 $450,277 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10380144

MIAMI REALTORS® MLS

APN: 31-2214-025-1000