NOT LISTED FOR SALE

Estimated Value: $373,000 - $462,000

1 Bed
2 Baths
960 Sq Ft
$1,214/mo HOA Fee

Last Sold April 02, 2024

Last sale price $399,000 $416 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,839/month

36 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Intercom to Front Desk
  • Community Pool
  • Fitness Center
  • Home fronts a lagoon or estuary
  • 1-minute walk to Sewell Park

About This Home

As of April 2024

Luxury Living in the Heart of Miami with Spectacular Views! 1-bed, 2-bath condo on the 21st floor of the Terrazas Condominium. This split-layout gem features upgraded new stainless-steel appliances, a washer and dryer, a modern kitchen sink, fully renovated closets, and fresh paint throughout. The unit is flooded with natural light, and offers an incredible water and city views right from your windows and spacious terrace. easy conversion back into 2 bedrooms.

The unit is surrounded by top-notch amenities, breathtaking city views, and a prime location near parks, the Miami River, and key city hotspots like Brickell, Downtown, Midtown, Wynwood, Coral Gables, and more.

The lowest-priced unit in this coveted line! Don't miss the chance to own a slice of luxury at an unbeatable value.

Last Agent to Sell the Property

Alexander Elfatairy

London Foster Realty License #3280295 Listed on: 12/20/2023

London Foster Realty

Last Buyer's Agent

Heather McCabe

Beachfront Realty Inc License #3035978

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 2010

Lot Details

HOA Fees

  • $1,214 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

  • Citrus Grove Elementary And Middle School
  • Miami Jackson High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-124-1430

Community Details

Overview

  • High-Rise Condominium
  • Terrazas Riverpark Condos
  • Terrazas Riverpark Villag Subdivision
  • 27-Story Property

Amenities

  • Community Center
  • Party Room
  • Intercom to Front Desk
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,101

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,214 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 21
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TERRAZAS RIVERPARK VILLAG
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 960
  • Possible Use: Primary
  • Stories: 27
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Bay, River, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Lagoon, River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Terrazas Riverpark
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, 2 Or More Spaces, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Intercom In Lobby, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1214
  • Amenities: Community Room, Elevator(s), Exercise Room, Storage, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Citrus Grove
  • High School: Miami Jackson
  • Middle Or Junior School: Citrus Grove

Lot Info

  • Parcel Number: 01-31-34-124-1430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Apr 2, 2024
Sold by
Perez Oliber
Bought by
Colls Zachary Robert and Arrojo Emily Marie
Seller's Agent
Alexander Elfatairy
London Foster Realty
Buyer's Agent
Heather McCabe
Beachfront Realty Inc
List Price
$399,000
Sold Price
$399,000
Views
172
Current Estimated Value
$412,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,172
Avg. Annual Appreciation
2.61%
Original Mortgage
$319,200
Outstanding Balance
$315,920
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$96,252

Purchase Details

Closed on
Jun 7, 2017
Sold by
Terrazas Owner
Bought by
Perez Oliber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2013
Sold by
Ap Wp Terrazas Llc
Bought by
Terrazas Owner Llc

Purchase Details

Closed on
Oct 13, 2010
Sold by
1861 Nw South River Dr Miami Llc
Bought by
Ap Wp Terrazas Llc
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
Colls Zachary Robert $399,000 Union Title
Perez Oliber $370,000 None Available
Terrazas Owner Llc $237,600 Commonwealth Land Title
Ap Wp Terrazas Llc $42,320,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colls Zachary Robert $319,200
Previous Owner Perez Oliber $314,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $399,000 0.0% $416 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $399,000 -- $416 / 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 $4,101 $248,594 -- --
2023 $4,101 $241,354 $0 $0
2022 $3,965 $234,325 $0 $0
2021 $3,946 $227,500 $0 $0
2020 $4,268 $242,021 $0 $0
2019 $4,278 $242,021 $0 $0
2018 $4,948 $278,185 $0 $0
2017 $5,679 $252,783 $0 $0
2016 $5,523 $229,803 $0 $0
2015 $5,223 $208,912 $0 $0
2014 $4,307 $189,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11503041

MIAMI REALTORS® MLS

APN: 01-3134-124-1430