NOT LISTED FOR SALE

Estimated Value: $224,066 - $294,000

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

Last Sold March 04, 2022

Last sale price $195,000 $197 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,489/month

106 Days on Market

Highlights

  • Marina
  • Property fronts an intracoastal waterway
  • Penthouse
  • Boat Dock
  • Fitness Center
  • Clubhouse

About This Home

As of March 2022

Price reduce to sell now! Motivated seller! Amazing investment opportunity to own a very affordable, large top-floor 1 bedroom apartment in a unique, one of a kind, Reef Club Condominium and Marina. Beautiful views of the intracoastal waterways, newer AC, spacious floor plan with an open kitchen and den. Gated community is a hidden gem in the heart of North Miami, east of US1, is situated across from Oleta River Park, closed distance to the beach, offers 24/7 security, dedicated parking space, heated pool, jacuzzi, BBQ area, gym, tennis courts, billiards, boat slips available for rent, ample guest parking spots. Close to airports, shopping malls and fine dining. Unit needs your loving care, priced to sell. No rental allowed for 2 years after purchase.

Last Agent to Sell the Property

Julia Ray

MMLS Assoc.-Inactive Member License #3242466 Listed on: 10/17/2021

Last Buyer's Agent

Lina Arango

LA Realty, LLC. License #3436442

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1980

HOA Fees

  • $535 Monthly HOA Fees

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 990 Sq Ft Home
  • Custom Mirrors
  • Blinds
  • Intracoastal Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Seawall
  • Boat Lock
  • Shared Dock
  • Balcony

Additional Features

  • Property fronts an intracoastal waterway
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 07-22-15-020-0400

Community Details

Overview

  • 240 Units
  • Mid-Rise Condominium
  • Reef Club Condo Marina Condos
  • Reef West Condo,Reef Club Condo Mari Subdivision, Penthouse Floorplan
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,692

Year Built

Built in 1980

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 6
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlock,Community Boat Dock,Dock Available, Common Dock,Dock Available
  • Master Model: Penthouse
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: REEF WEST CONDO,Reef Club Condo Mari
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Closet Cabinetry, Custom Mirrors, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 990
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Intracoastal View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Reef Club Condo Marina
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 535
  • Amenities: Bike Storage, Billiard Room, Boat Dock, Barbecue, Clubhouse-Clubroom, Laundry, Exercise Room, Storage, Heated Pool, Marina, Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 07-22-15-020-0400
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 240
  • Number Of Units Total: 60

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2021
Closed on
Mar 4, 2022
Sold by
Inga Humphrey
Bought by
Charrys Jorge David and Meza Liliana Maria
Seller's Agent
Julia Ray
MMLS Assoc.-Inactive Member
Buyer's Agent
Lina Arango
LA Realty, LLC.
Sold Price
$195,000
Current Estimated Value
$303,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,024
Avg. Annual Appreciation
14.21%
Original Mortgage
$133,500
Outstanding Balance
$124,961
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$181,777

Purchase Details

Closed on
Oct 28, 2008
Sold by
Raykhshtat Roza
Bought by
Humphrey Inga

Purchase Details

Closed on
May 16, 2005
Sold by
Correa Edgar Prudente and Migliavacca Erodiades Leonor
Bought by
Raykhshtat Roza

Purchase Details

Closed on
May 24, 2002
Sold by
Alon Steiger I
Bought by
Correa Edgar P and Migliavacca Erodiades L

Purchase Details

Closed on
Jan 26, 1996
Sold by
Santo and Muradian Seta
Bought by
Steiger Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.12%
Mortgage Type
New Conventional
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
Charrys Jorge David $195,000 Howard B Nadel Pa
Humphrey Inga -- None Available
Raykhshtat Roza $215,000 --
Correa Edgar P $118,000 --
Steiger Alon $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charrys Jorge David $133,500
Previous Owner Steiger Alon $101,800
Previous Owner Steiger Alon $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $195,000 0.0% $197 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/15/2022 01/15/22 For Sale -- -- --
01/14/2022 01/14/22 Off Market $195,000 -- --
10/17/2021 10/17/21 For Sale $200,000 -- $202 / 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 $3,367 $201,901 -- --
2024 $3,289 $201,900 -- --
2023 $3,289 $196,020 $0 $0
2022 $3,051 $133,100 $0 $0
2021 $2,682 $121,000 $0 $0
2020 $2,692 $121,000 $0 $0
2019 $2,947 $132,100 $0 $0
2018 $3,067 $139,000 $0 $0
2017 $3,138 $129,289 $0 $0
2016 $2,926 $117,536 $0 $0
2015 $2,689 $106,851 $0 $0
2014 $2,589 $97,138 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11112718

MIAMI REALTORS® MLS

APN: 07-2215-020-0400