NOT LISTED FOR SALE

Estimated Value: $7,679,384

5 Beds
5.5 Baths
5,431 Sq Ft
$10,449/mo HOA Fee

Last Sold September 07, 2023

Last sale price $12,400,000 $2,283 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $65,181/month

450 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Sitting Area In Primary Bedroom
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Newly Remodeled
  • 3-minute walk to Town Center Park

About This Home

As of September 2023

REDUCED PRICE SUNNY ISLES RESIDENCE TURNKEY Custom Designed & artfully crafted this 60' foot wide, full floor 5 bedroom 5 & 1/2 baths condo redefines expectations! Contemporary interiors are thoughtful, functional, fuse art & technology with iHome media systems. A 165" planar wall movie screen, private elevator with biometric security, 12 foot ceilings showcase multi slide stacking walls of glass that let you extend your interior spaces to blend with the expansive terraces that are up to 36' feet wide, offer summer kitchens & stunning views of the Ocean, Bay & city skyline as far as the eye can see. Muse offers an infinity oceanfront pool, Spa & Fitness center, resort style beachfront services, Cafe/restaurant, automated parking system with valet, unparalleled security, concierge services.

Last Listed By

Sylvia Fragos

Great Estates Int'l Realty License #0560461 Listed on: 05/18/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $144,165

Year Built

  • Built in 2018 | Newly Remodeled

HOA Fees

  • $10,449 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Electric Vehicle Home Charger
  • Guest Parking

Interior Spaces

  • 5,431 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Home Security

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 31-22-11-085-0390

Community Details

Overview

  • High-Rise Condominium
  • Muse Condos
  • Muse Condo Subdivision
  • 50-Story Property

Amenities

  • Doorman

Pet Policy

  • Dogs Allowed

Security

  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$144,165

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$10,449 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Collins Avenue at 171st street
  • Entry Level: 43
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MUSE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Other, Split Bedroom, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Other
  • Furnished: Furnished
  • Living Area: 5431
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 50
  • Window Features: Clear Impact Glass
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Formal Dining, Other
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MUSE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Electric Vehicle Charging Station(s), Guest

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Elevator Secure, Other

Condo/Co-op/Association

  • Association Fee: 10449
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-11-085-0390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 144165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 6, 2023
Sold by
Atmosphere 55 Llc
Bought by
Singh Ranbir and Dalla Navninder
Seller's Agent
Sylvia Fragos
Great Estates Int'l Realty
Buyer's Agent
Ivan Chorney
Compass Florida, LLC.
List Price
$13,900,000
Sold Price
$12,400,000
Premium/Discount to List
-$1,500,000
-10.79%
Total Days on Market
450
Views
95
Current Estimated Value
$7,679,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,720,616
Avg. Annual Appreciation
-24.19%

Purchase Details

Closed on
Apr 5, 2019
Sold by
Pmg S2 Sunny Isles Llc
Bought by
Atmosphere 55 Llc

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
Singh Ranbir $12,400,000 Union Title
Atmosphere 55 Llc $10,610,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Ranbir $9,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $12,400,000 -10.8% $2,283 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $13,900,000 +12.1% $2,559 / Sq Ft
06/29/2023 06/29/23 Off Market $12,400,000 -- --
06/29/2023 06/29/23 Price Changed $13,900,000 -4.1% $2,559 / Sq Ft
02/15/2023 02/15/23 Price Changed $14,500,000 -6.5% $2,670 / Sq Ft
06/22/2022 06/22/22 Price Changed $15,500,000 -3.1% $2,854 / Sq Ft
05/18/2022 05/18/22 For Sale $15,995,000 -- $2,945 / 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
2024 $140,963 $9,097,000 -- --
2023 $140,963 $8,270,000 $0 $0
2022 $140,829 $8,187,300 $0 $0
2021 $144,165 $8,005,021 $0 $0
2020 $148,265 $8,269,650 $0 $0
2019 $129,273 $7,191,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11206394

MIAMI REALTORS® MLS

APN: 31-2211-085-0390