NOT LISTED FOR SALE

Estimated Value: $429,000 - $1,206,000

2 Beds
2 Baths
1,100 Sq Ft
$650/mo HOA Fee

Last Sold December 16, 2022

Last sale price $456,000 $415 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,002/month

49 Days on Market

Highlights

  • Intercom to Front Desk
  • Balcony
  • Eat-In Kitchen
  • Community Pool
  • 1 Car Attached Garage
  • 4-minute walk to Collins Park

About This Home

As of December 2022

Welcome to paradise , this spacious 2/2 centrally located in the heart of the world renowned South Beach offers gated community assigned parking (not deeded) conveniently located on the third floor the same as the unit, indoor pool, free internet and cable, one block from the beach, close to transportation, walking distance to restaurants, hotels, parks, theaters, Lincoln Road, museum....and the most amazing newly open board walk where you can you can jog, exercise, bike ride, skate...
With a little updating this could be your dream home

Last Agent to Sell the Property

Margarita Martinez

Excell Homes Realty, LLC License #0596634 Listed on: 09/26/2022

Last Buyer's Agent

Margarita Martinez

Excell Homes Realty, LLC License #0596634 Listed on: 09/26/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1975

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Custom Mirrors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom

Home Security

Schools

  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-053-0010

Community Details

Overview

  • High-Rise Condominium
  • Tower 1800 Condos
  • Tower 1800 Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 18-Story Property

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Lobby

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,051

Year Built

Built in 1975

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWER 1800 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Custom Mirrors, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1100
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 18
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level, Master Bath Shower
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TOWER 1800
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Secured Garage/Parking, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 650
  • Amenities: Laundry, Elevator(s), Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-053-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 650

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 16, 2022
Sold by
Arredondo Gaspar
Bought by
Akar Ilhan and Akar Zuhal
Seller's Agent
Margarita Martinez
Excell Homes Realty, LLC
Buyer's Agent
Margarita Martinez
Excell Homes Realty, LLC
List Price
$496,000
Sold Price
$456,000
Premium/Discount to List
-$40,000
-8.06%
Views
58
Current Estimated Value
$685,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,439
Avg. Annual Appreciation
20.02%
Original Mortgage
$337,000
Outstanding Balance
$324,743
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$418,869

Purchase Details

Closed on
Sep 28, 1999
Sold by
Montes Bertila
Bought by
Montes Bertila
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
Akar Ilhan $456,000 --
Montes Bertila $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akar Ilhan $337,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $456,000 -8.1% $415 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $496,000 -- $451 / 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 $7,402 $388,671 -- --
2024 $6,323 $368,060 -- --
2023 $6,323 $334,600 $0 $0
2022 $5,080 $311,584 $0 $0
2021 $5,051 $302,509 $0 $0
2020 $4,986 $298,333 $0 $0
2019 $4,861 $291,626 $0 $0
2018 $4,610 $286,189 $0 $0
2017 $4,561 $280,303 $0 $0
2016 $4,545 $274,538 $0 $0
2015 $4,601 $272,630 $0 $0
2014 $4,679 $270,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11278014

MIAMI REALTORS® MLS

APN: 02-3234-053-0010