$295,000
SOLD SEP 13, 2019
2 Beds
2 Baths
1,070 Sq Ft
$675/mo HOA Fee

Recently Sold

$276 Per Sq Ft

46% Below List Price

354 Days on Market

Highlights

  • Doorman
  • Two Primary Bathrooms
  • Community Pool
  • Fitness Center
  • Home fronts a canal
  • 3-minute walk to Maurice Gibb Memorial Park ( Under Consturction )

About This Home

As of September 2019

Open Floor Plan 2 bedroom, 2 bath condo, 1070 sq ft located in South Beach.
Walking distance from Lincoln Road, trader Joe, Marina , Publix,
Fresh Market, walk to Lincoln Road and vast selection of restaurants.
Building offers pool, BBQ area, fitness facility, laundry, security and
Assigned parking. MOTIVATED SELLER - ORIGINAL OWNER
CURRENT LIST PRICE FIRM.... PROPERTY SOLD AD IS with right to inspect

NO RENTAL RESTRICTIONS - Can rent right away.. Seller paying assessment at closing

Last Agent to Sell the Property

Mildred Martinez Villamar

Villamar Real Estate & Investments License #3169802 Listed on: 08/14/2018

Last Buyer's Agent

Vivian De La Rosa

Realty World Executive Homes License #3108146

Realty World Executive Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1995

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Interior Spaces

  • 1,070 Sq Ft Home
  • Tile Flooring
  • Water Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Home fronts a canal
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-057-0040

Community Details

Overview

  • High-Rise Condominium
  • West Bay Plaza Condos
  • West Bay Plaza Condo Subdivision
  • The community has rules related to no trucks or trailers
  • 15-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,672

Year Built

Built in 1995

Lot Details

0

HOA Fees

$675 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: mapquest
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WEST BAY PLAZA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Elevator, Fire Sprinklers, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1070
  • Possible Use: Primary
  • Stories: 15
  • Bedroom Features: None
  • Master Bathroom Features: 2 Master Bathrooms

Exterior Features

  • View: Water View
  • Exterior Features: Other
  • Construction Type: Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: west bay plaza
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 675
  • Amenities: Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-057-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 675

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Elias Silvia
Bought by
Rumich Pantaleon Morel
Current Estimated Value
$577,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 13, 2019
Sold by
Yhap Marie
Bought by
Morel Rumich Pantaleon and Elias Silvia Maria
Seller's Agent
Mildred Martinez Villamar
Villamar Real Estate & Investments
Buyer's Agent
Vivian De La Rosa
Realty World Executive Homes
List Price
$550,000
Sold Price
$295,000
Premium/Discount to List
-$255,000
-46.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$194,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1995
Sold by
W Bay Plaza Inc
Bought by
Yhap Marie
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $295,000 Flamingo Title Ins Agcy Inc
Deed $121,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $196,000 New Conventional
Previous Owner $194,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Rented $3,000 0.0% --
04/03/2021 04/03/21 Under Contract -- -- --
04/01/2021 04/01/21 For Rent $3,000 0.0% --
09/13/2019 09/13/19 Sold $295,000 -0.3% $276 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $295,900 -17.6% $277 / Sq Ft
07/11/2019 07/11/19 Price Changed $359,000 -0.8% $336 / Sq Ft
07/02/2019 07/02/19 Price Changed $362,000 -1.9% $338 / Sq Ft
06/24/2019 06/24/19 Price Changed $369,000 -5.9% $345 / Sq Ft
06/23/2019 06/23/19 Price Changed $392,000 -0.8% $366 / Sq Ft
06/17/2019 06/17/19 Price Changed $395,000 -0.8% $369 / Sq Ft
05/16/2019 05/16/19 Price Changed $398,000 -2.9% $372 / Sq Ft
05/09/2019 05/09/19 Price Changed $410,000 -9.3% $383 / Sq Ft
05/01/2019 05/01/19 Price Changed $452,000 -2.2% $422 / Sq Ft
04/30/2019 04/30/19 Price Changed $462,000 -0.4% $432 / Sq Ft
04/25/2019 04/25/19 Price Changed $464,000 -0.6% $434 / Sq Ft
04/20/2019 04/20/19 Price Changed $467,000 -0.8% $436 / Sq Ft
04/08/2019 04/08/19 Price Changed $471,000 -0.4% $440 / Sq Ft
03/28/2019 03/28/19 Price Changed $473,000 -0.4% $442 / Sq Ft
03/21/2019 03/21/19 Price Changed $475,000 -0.6% $444 / Sq Ft
03/11/2019 03/11/19 Price Changed $478,000 -0.4% $447 / Sq Ft
03/06/2019 03/06/19 Price Changed $480,000 -8.6% $449 / Sq Ft
02/14/2019 02/14/19 Price Changed $525,000 -2.4% $491 / Sq Ft
02/07/2019 02/07/19 Price Changed $538,000 -2.2% $503 / Sq Ft
02/02/2019 02/02/19 For Sale $550,000 +86.4% $514 / Sq Ft
08/20/2018 08/20/18 Off Market $295,000 -- --
08/13/2018 08/13/18 For Sale $550,000 -- $514 / 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 $7,765 $407,897 -- --
2024 $6,975 $370,816 -- --
2023 $6,975 $337,106 $0 $0
2022 $6,125 $306,460 $0 $0
2021 $5,379 $278,600 $0 $0
2020 $5,394 $278,600 $0 $0
2019 $7,209 $372,000 $0 $0
2018 $1,699 $161,942 $0 $0
2017 $1,672 $158,612 $0 $0
2016 $1,658 $155,350 $0 $0
2015 $1,681 $154,271 $0 $0
2014 $1,712 $153,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10520568

MIAMI REALTORS® MLS

APN: 02-3233-057-0040