NOT LISTED FOR SALE

Estimated Value: $525,000 - $699,000

2 Beds
2 Baths
1,110 Sq Ft
1995 Built

Last Sold January 31, 2022

Last sale price $510,000 $459 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,895/month

254 Days on Market

Highlights

  • Doorman
  • Intercom to Front Desk
  • Bay View
  • Fitness Center
  • Newly Remodeled
  • 3-minute walk to Maurice Gibb Memorial Park ( Under Consturction )

About This Home

As of January 2022

LOCATION LOCATION LOCATION! Spacious, bright, airy 2 bed 2 bath unit with great views in the heart of South Beach. 2 gated/covered parking spots (tandem). Large private balcony. Water and city views, including downtown Miami. Open kitchen, new ac, water heater, appliances, lighting, paint, updated bathrooms. Walk in closet, lots of storage. Boutique building within walking distance to all groceries (next to Trader Joe's), shops, Lincoln Road, the beach, restaurants, Purdy Lane, yoga, gyms. Pets under 25lb permitted. Tenant occupied with 60-days notice to vacate. Please call or text and give agent 24 hour notice to show--agent must accompany.

Last Agent to Sell the Property

Raymond Janssen

Gary Hennes Realtors License #3048118 Listed on: 05/12/2021

Last Buyer's Agent

Denis Tejedor

Aleman Realty, LLC License #3252174

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1995 | Newly Remodeled

Lot Details

  • End Unit
  • Southeast Facing Home
  • Fenced

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Bay

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,110 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-057-0980

Community Details

Overview

  • Property has a Home Owners Association
  • 113 Units
  • High-Rise Condominium
  • West Bay Plaza Condos
  • West Bay Plaza Condo Subdivision
  • 13-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Kitchen
  • Community Center
  • Party Room
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $747

Security

  • Phone Entry
  • Complex Is Fenced
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,500

Year Built

Built in 1995 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WEST BAY PLAZA CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1110
  • Possible Use: Primary
  • Stories: 13
  • Window Features: Clear Impact Glass, Blinds, Impact Glass
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: Barbeque, Open Balcony
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: West Bay Plaza
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Doorman, Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, None

Lot Info

  • Parcel Number: 02-32-33-057-0980
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 747
  • Number Of Units In Community: 113
  • Number Of Units Total: 113

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jan 13, 2022
Sold by
Immobella Llc
Bought by
Herrmann Felipe and Locke Daniel Ryan
Seller's Agent
Raymond Janssen
Gary Hennes Realtors
Buyer's Agent
Denis Tejedor
Aleman Realty, LLC
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$608,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,644
Avg. Annual Appreciation
7.12%
Original Mortgage
$255,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2013
Closed on
Mar 4, 2014
Sold by
Delrivero Eduardo and Del Rivero Mariluz Durazo
Bought by
Immobella Llc
Seller's Agent
Lorena Clark
MMLS Assoc.-Inactive Member
Buyer's Agent
Raymond Janssen
Gary Hennes Realtors
List Price
$449,000
Sold Price
$360,000
Premium/Discount to List
-$89,000
-19.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Sep 19, 2012
Sold by
Delrivero Eduardo A and Del Rivero Eduardo
Bought by
Delrivero Eduardo and Del Rivero Mariluz Durazo

Purchase Details

Closed on
Aug 31, 1998
Sold by
Igoe Alison M
Bought by
Delrivero Eduardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 1995
Sold by
W Bay Plaza Inc
Bought by
Igoe Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
8.39%
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
Herrmann Felipe $510,000 Lisa Pearson Pa
Immobella Llc $360,000 Attorney
Delrivero Eduardo -- Attorney
Delrivero Eduardo A $150,900 --
Igoe Alison M $134,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrmann Felipe $255,000
Previous Owner Delrivero Eduardo A $67,000
Previous Owner Delrivero Eduardo A $80,000
Previous Owner Igoe Alison M $107,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $510,000 -2.9% $459 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
09/02/2021 09/02/21 For Sale $525,000 +2.9% $473 / Sq Ft
07/06/2021 07/06/21 Off Market $510,000 -- --
05/12/2021 05/12/21 For Sale $525,000 0.0% $473 / Sq Ft
10/30/2020 10/30/20 Rented $2,850 +5.6% --
09/21/2020 09/21/20 Under Contract -- -- --
09/04/2020 09/04/20 Off Market $2,700 -- --
08/18/2020 08/18/20 Price Changed $2,700 -6.9% $2 / Sq Ft
06/04/2020 06/04/20 For Rent $2,900 +31.8% --
06/01/2017 06/01/17 Rented $2,200 -4.3% --
05/16/2017 05/16/17 Under Contract -- -- --
04/18/2017 04/18/17 Price Changed $2,300 -8.0% $2 / Sq Ft
03/13/2017 03/13/17 For Rent $2,500 0.0% --
03/07/2014 03/07/14 Sold $360,000 -14.3% $324 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
12/10/2013 12/10/13 Price Changed $420,000 -6.5% $378 / Sq Ft
10/14/2013 10/14/13 For Sale $449,000 -- $405 / 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 $8,011 $481,086 -- --
2024 $7,800 $467,528 -- --
2023 $7,800 $453,911 $0 $0
2022 $6,506 $325,490 $0 $0
2021 $5,713 $295,900 $0 $0
2020 $5,729 $295,900 $0 $0
2019 $7,906 $408,000 $0 $0
2018 $7,677 $408,256 $0 $0
2017 $7,404 $388,815 $0 $0
2016 $7,348 $371,910 $0 $0
2015 $6,699 $338,100 $0 $0
2014 $5,680 $241,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11028089

MIAMI REALTORS® MLS

APN: 02-3233-057-0980