$1,355,312 - $1,456,000
RENTED NOV 15, 2024

The Reserve at Marina Palms 17111 Biscayne Blvd Unit 1004 Aventura, FL 33160

2 Beds
3 Baths
1,961 Sq Ft
2018 Built

Last Sold June 28, 2021

Last sale price $805,000 $411 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,271/month

Highlights

  • Valet Parking
  • Ocean View
  • Yacht Club
  • Marina
  • Property has ocean access
  • 4-minute walk to East Greynolds Park

About This Home

As of November 2024

A magnificent and impeccable residence specially designed and upgraded throughout. This spacious 2 Bed+Den+3 Full Bath offers the highest technology with outstanding finishes, including a state-of-the-art Italian gourmet kitchen, custom-made doors, elegant ceilings with additional lines of illumination, ample closets, and ensuite baths. Enjoy breathtaking South East views of the Sunny Isles Intracoastal Bay, nature preserve, and ocean. This is a guard-gated community with a private marina with 40 - 100' slips and a boat club with many choices of water sports. The spectacular amenities include a spa, kids' playroom, news café, valet, concierge, and more! Covered parking space and storage under AC. Minutes away from world-class shopping, Bal Harbour-Aventura Mall, fine dining, and more!

Last Agent to Rent the Property

Luis Herrera

Douglas Elliman License #3136192 Listed on: 10/15/2024

Douglas Elliman

Last Renter's Agent

Jensy Florentino

Lifestyle International Realty License #3440500

Lifestyle International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,900

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home

Parking

  • 2 Car Attached Garage
  • Assigned Parking
  • Secure Parking

Property Views

Home Design

  • Concrete Roof

Interior Spaces

  • 1,961 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Marble Flooring
  • Door Monitored By TV

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Restroom Available

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Property is near a marina
  • Attended Boat Services
  • Up to 90-Foot Boat
  • Dock Available

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows

Listing and Financial Details

  • Property Available on 11/1/24
  • 1 Year With Renewal Option,More Than 1 Year Lease Term
  • Assessor Parcel Number 07-22-09-038-0700

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Marina Palms Residences S Condos
  • Marina Palms Residences S,Marina Palms Subdivision
  • Maintained Community
  • 26-Story Property

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Picnic Area
  • Sauna
  • Game Room
  • Billiard Room

Recreation

  • Yacht Club
  • Boating
  • Tennis Courts
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,900

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-11-01
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Other,Unrestricted Salt Water Access, Attended,Community Marina,Dock Available,Fuel,Marina,Restroom,Up to 90 Ft Boat,Yacht Club
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 26
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: MARINA PALMS RESIDENCES S,Marina Palms
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 26

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Fire Sprinklers, Pantry, Walk-In Closet(s), Den/Library/Office, Other, Recreation Room
  • Spa Yn: Yes
  • Accessibility Features: Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1961
  • Other Equipment: TV Antenna, Elevator
  • Spa Features: Community
  • Stories: 26
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Sliding
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Laundry, Other, Recreation Room

Exterior Features

  • Roof: Concrete
  • View: Bay, Ocean, Water
  • Exterior Features: Open Balcony, Other
  • Direction Faces: Southeast
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Auto Pool Clean, In Ground, Community, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MARINA PALMS RESIDENCES S
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Security: Fire Sprinklers, Fire Alarm, Key Card Entry, Complex Fenced, Gated with Guard, Lobby Attended, Key/Card Entry Parking, Security Patrol, TV Monitor

Condo/Co-op/Association

  • Amenities: Gated, Exercise Room, Pool Table, Security Patrol, Spa/Hot Tub
  • Association: No
  • Community Features: Tennis, Boating, Gated, Clubhouse, Pool, Exercise Room, Game Room, Gated Community, Maintained Community, Picnic Area, Sauna, Security Patrol, Spa/Hot Tub, Street Lights

Lot Info

  • Parcel Number: 07-22-09-038-0700
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6200
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jun 28, 2021
Sold by
Garcia Cassiano Murillo Costa and De Oliveira Franco
Bought by
Valero David A Palacios and Valderrama Claudia
Seller's Agent
Rodney Mendes Irala
Coldwell Banker Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%
Current Estimated Value
$1,408,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,078
Avg. Annual Appreciation
14.24%
Original Mortgage
$548,000
Outstanding Balance
$498,525
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$909,553

Purchase Details

Closed on
Mar 20, 2017
Sold by
Marina Palms Residences South Llc
Bought by
Garcia Cassiano Murlio Costa and Garcia Maria Augusta De Oliveira Fran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Valero David A Palacios $805,000 Attorney
Garcia Cassiano Murlio Costa $915,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valero David A Palacios $548,000
Closed Valero David A Palacios $110,000
Previous Owner Garcia Cassiano Murlio Costa $503,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Rented $7,500 -8.5% --
10/15/2024 10/15/24 For Rent $8,200 0.0% --
06/28/2021 06/28/21 Sold $805,000 +0.8% $411 / Sq Ft
03/12/2021 03/12/21 Price Changed $799,000 0.0% $407 / Sq Ft
03/12/2021 03/12/21 For Sale $799,000 -0.7% $407 / Sq Ft
03/10/2021 03/10/21 Off Market $805,000 -- --
01/28/2021 01/28/21 Price Changed $819,000 -1.3% $418 / Sq Ft
01/04/2021 01/04/21 For Sale $830,000 +3.1% $423 / Sq Ft
12/02/2020 12/02/20 Off Market $805,000 -- --
09/11/2020 09/11/20 For Sale $830,000 0.0% $423 / Sq Ft
07/07/2020 07/07/20 Rented $4,500 0.0% --
04/21/2020 04/21/20 For Rent $4,500 0.0% --
08/30/2019 08/30/19 Rented $4,500 0.0% --
08/23/2019 08/23/19 Under Contract -- -- --
07/30/2019 07/30/19 Price Changed $4,500 -10.0% $2 / Sq Ft
05/10/2019 05/10/19 For Rent $5,000 -- --
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 $19,900 $986,117 -- --
2024 $17,583 $986,117 -- --
2023 $17,583 $788,893 $0 $0
2022 $15,367 $717,176 $0 $0
2021 $15,141 $683,025 $0 $0
2020 $14,472 $650,500 $0 $0
2019 $16,127 $722,772 $0 $0
2018 $15,616 $707,647 $0 $0
2017 $543 $11,391 $0 $0
2016 $546 $10,356 $0 $0
2015 $222 $9,415 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11676309

MIAMI REALTORS® MLS

APN: 07-2209-038-0700