NOT LISTED FOR SALE

The Reserve at Marina Palms Aventura, FL 33160

Estimated Value: $1,211,000 - $1,455,000

3 Beds
3.5 Baths
2,158 Sq Ft
$1,057/mo HOA Fee

Last Sold December 29, 2020

Last sale price $825,000 $382 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,938/month

128 Days on Market

Highlights

  • Marina
  • Yacht Club
  • Fitness Center
  • Property has ocean access
  • Home fronts navigable water
  • Newly Remodeled

About This Home

As of December 2020

LOWER PENTHOUSE EXTRAORDINAIRE IN MARINA PALMS YACHT CLUB & RESIDENCES. NEW NEVER USED. NEW FLOORS. THIS LPH6 IS A MANSION IN THE SKY W/ 3 BEDROOMS + DEN, HIGHER CEILINGS. OVERLOOKING THE SPECTACULAR INTER-COASTAL & CITY VIEWS. INTERIOR ELEGANCE APPROPRIATE TO THE INSPIRING VIEWS. FINEST FINISHES INCLUDES MIELE AND SUB-ZERO APPLIANCES, BEAUTIFUL COUNTER TOPS, WOLF-MIELE-SUB ZERO APPLIANCES, BATH FIXTURES, FLOATING ITALIAN VANITIES, WALK IN CLOSETS, DEEP PRIVATE GLASS TERRACES. WATERFRONT LIVING AT IT'S FINEST. AMENITIES: CONCIERGE SERVICE, CHILDREN'S RM, STATE OF THE ART FITNESS CENTER, SPA, POOL DECK,NEWS CAFE,CLUB RM WITH 100'' TV, BILLIARDS TABLE, BAR, EXECUTIVE BUSINESS LOUNGE W/CONFERENCE RM & FULL SERVICE MARINA. THIS IS THE FIRST PRIVATE DEEP WATER MARINA BUILT IN MIAMI IN DECADES!

Last Agent to Sell the Property

Floralba Nuñez

Majestic Properties LLC License #3114476 Listed on: 08/08/2020

Last Buyer's Agent

Lady Steel

Douglas Elliman License #3339449

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,253

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

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

HOA Fees

  • $1,057 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Penthouse
  • Entry on the 23rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,158 Sq Ft Home
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Den

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 07-22-09-037-1270

Community Details

Overview

  • 234 Units
  • High-Rise Condominium
  • Marina Palms Condos
  • Marina Palms Residences N,Marina Palms Subdivision
  • The community has rules related to no trucks or trailers
  • 25-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Yacht Club

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,253

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$1,057 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Directions: Biscayne Blvd and 173rd St. USE GPS OR WAZE FOR BETTER RESULTS.
  • Entry Level: 23
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock, Yacht Club
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MARINA PALMS RESIDENCES N,Marina Palms
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Other, Roman Tub, Volume Ceilings, Den/Library/Office
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 2158
  • Possible Use: Primary
  • Stories: 25
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Other
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Canal, Other View, Water View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MARINA PALMS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Limited # Of Vehicle, No Trucks/Trailers

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1057
  • Amenities: Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Marina, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 07-22-09-037-1270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17253

Multi Family

  • Maintenance Expense: 1057
  • Number Of Units In Community: 234
  • Number Of Units Total: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Kostakis George
Bought by
Mc2 Properties Llc
Current Estimated Value
$1,354,935

Purchase Details

Listed on
Aug 8, 2020
Closed on
Dec 29, 2020
Sold by
Tabor Holdings Llc
Bought by
Kostakis George
Seller's Agent
Floralba Nuñez
Majestic Properties LLC
Buyer's Agent
Lady Steel
Douglas Elliman
List Price
$1,290,000
Sold Price
$825,000
Premium/Discount to List
-$465,000
-36.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Marina Palms Residences North Llc
Bought by
Tabor Holdings Llc
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
Mc2 Properties Llc $1,550,000 Union Title
Kostakis George $825,000 Florida Sun T&E Llc
Tabor Holdings Llc $1,166,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $825,000 -17.4% $382 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 Price Changed $999,000 -16.1% $463 / Sq Ft
09/13/2020 09/13/20 Price Changed $1,190,000 -7.8% $551 / Sq Ft
08/08/2020 08/08/20 For Sale $1,290,000 -- $598 / 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 $21,294 $1,044,701 -- --
2024 $21,852 $994,248 -- --
2023 $21,852 $903,862 $0 $0
2022 $18,690 $821,693 $0 $0
2021 $16,559 $746,994 $0 $0
2020 $20,577 $1,082,600 $0 $0
2019 $17,253 $773,260 $0 $0
2018 $20,608 $933,858 $0 $0
2017 $22,488 $983,950 $0 $0
2016 $20,588 $894,500 $0 $0
2015 $140 $5,908 $0 $0
2014 $142 $5,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Floralba Nuñez

    Seller's Agent in 2020

    Floralba Nuñez

    Majestic Properties LLC

    (954) 790-7979

    1 in this area

    23 Total Sales

    Floralba Nuñez
    Section Image

  • L

    Buyer's Agent in 2020

    Lady Steel

    Douglas Elliman

    (786) 629-9664

    2 in this area

    10 Total Sales

    Lady Steel
    Section Image
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About The Reserve at Marina Palms

Source: MIAMI REALTORS® MLS

MLS Number: A10903031

MIAMI REALTORS® MLS

APN: 07-2209-037-1270

Florida Miami/Dade County Aventura

33160

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