NOT LISTED FOR SALE

Estimated Value: $624,846 - $676,000

2 Beds
2 Baths
1,390 Sq Ft
$826/mo HOA Fee

Last Sold December 30, 2021

Last sale price $460,000 $331 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,189/month

114 Days on Market

Highlights

  • Doorman
  • Private Dock
  • Bar or Lounge
  • Marina
  • Property Fronts a Bay or Harbor
  • 4-minute walk to Margaret Pace Park

About This Home

As of December 2021

PRICE IS FIRM. The unit comes unfurnished. Tenant in place until 11/30/2021 (See BR Remarks). New impact windows will be installed by Association. Beautiful views of Biscayne Bay, the Atlantic Ocean, and Miami Beach! Excellent investment opportunity to own a 2 bedroom 2 bath condo with spectacular bay and city views. Featuring stainless steel appliances, washer and dryer in the unit, split floor plan with a very large terrace. Located next to the Bayfront Margaret Pace Park and just minutes from Miami Beach, Design District, Brickell, and Miami International Airport. Close to shops, restaurants, and more. The building offers 2 levels of retail shops.

Last Agent to Sell the Property

Vanessa Gomez

Engel & Völkers Miami License #3251029 Listed on: 05/03/2021

Engel & Völkers Miami

Last Buyer's Agent

Vanessa Gomez

Engel & Völkers Miami License #3251029 Listed on: 05/03/2021

Engel & Völkers Miami

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1986

HOA Fees

  • $826 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Condo Hotel

Interior Spaces

  • 1,390 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Dock

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-048-0320

Community Details

Overview

  • High-Rise Condominium
  • The Grand Condos
  • Venetia Condo Subdivision
  • Car Wash Area
  • 50-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,528

Year Built

Built in 1986

Lot Details

0

HOA Fees

$826 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 3340
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: VENETIA CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1390
  • Possible Use: Primary
  • Stories: 50
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Intracoastal View, Skyline
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Grand
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 826
  • Amenities: Bar, Exercise Room, Marina, Pool, Sauna, Spa/Hot Tub, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-31-048-0320
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Dec 30, 2021
Sold by
Five Sisters And Me Llc
Bought by
Zeaiter Alaa Mohamad Ali and Sahi Zaryab
Seller's Agent
Vanessa Gomez
Engel & Völkers Miami
Buyer's Agent
Vanessa Gomez
Engel & Völkers Miami
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Current Estimated Value
$647,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,712
Avg. Annual Appreciation
10.21%
Original Mortgage
$345,000
Outstanding Balance
$320,967
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$326,745

Purchase Details

Closed on
Mar 2, 2020
Sold by
Haven Sunshine Properties Llc
Bought by
Five Sisters And Me Llc

Purchase Details

Closed on
May 15, 2009
Sold by
Campos Elena V
Bought by
Heaven Sunshine Properties Llc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Ilan Of The Grand Inc
Bought by
Campos Elena V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1997
Sold by
Gardenia Inc
Bought by
Ilan Of The Grand Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1996
Sold by
Fernando and Edward S Levine Atty In Fact
Bought by
Gardenia Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zeaiter Alaa Mohamad Ali $460,000 Halpern Rodriguez Llp
Five Sisters And Me Llc $370,000 Attorney
Heaven Sunshine Properties Llc $270,000 Attorney
Campos Elena V $305,000 Traditional Title Co Inc
Ilan Of The Grand Corporation $185,000 --
Gardenia Inc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeaiter Alaa Mohamad Ali $345,000
Previous Owner Campos Elena Viviana $240,000
Previous Owner Campos Elena $100,000
Previous Owner Campos Elena V $244,000
Previous Owner Gardenia Inc $145,000
Previous Owner Gardenia Inc $135,000
Closed Campos Elena V $45,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $460,000 -3.2% $331 / Sq Ft
06/01/2021 06/01/21 Price Changed $475,000 +5.6% $342 / Sq Ft
05/01/2021 05/01/21 For Sale $450,000 0.0% $324 / Sq Ft
12/15/2020 12/15/20 Rented $2,500 -7.4% --
11/23/2020 11/23/20 Under Contract -- -- --
10/21/2020 10/21/20 For Rent $2,700 +8.0% --
05/11/2020 05/11/20 Under Contract -- -- --
05/08/2020 05/08/20 Rented $2,500 0.0% --
04/16/2020 04/16/20 Price Changed $2,500 -7.4% $2 / Sq Ft
04/06/2020 04/06/20 For Rent $2,700 -- --
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 $9,415 $476,038 -- --
2023 $9,415 $432,762 $0 $0
2022 $8,295 $393,420 $0 $0
2021 $7,494 $345,105 $0 $0
2020 $7,512 $345,105 $0 $0
2019 $7,528 $345,105 $0 $0
2018 $7,902 $383,450 $0 $0
2017 $7,511 $329,428 $0 $0
2016 $7,158 $299,480 $0 $0
2015 $6,888 $272,255 $0 $0
2014 $6,290 $247,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11036488

MIAMI REALTORS® MLS

APN: 01-3231-048-0320