NOT LISTED FOR SALE

The Bridgewater 1881 79th Street Causeway Unit 505 North Bay Village, FL 33141

Treasure Island Neighborhood

Estimated Value: $437,246 - $504,000

2 Beds
2 Baths
1,171 Sq Ft
$801/mo HOA Fee

Last Sold March 31, 2021

Last sale price $308,000 $263 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,786/month

112 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Dock Available
  • Fitness Center
  • Community Pool

About This Home

As of March 2021

Experience life from this renovated 2 Bedroom / 2 Bathroom condo located in highly sought-after North Bay Village. Serene views of the city and bay will wrap you as you step foot into the residence. Large terrace perfect for entertaining, modern, open kitchen, new tiles throughout the residence. Building offers tropical landscaping, a pool, sundeck, fitness center, beautifully designed lobby, and 24-hour security. The Bridgewater Condo is located near top destinations in Miami, such as South Beach, Downtown, Brickell, the Airport, Bal Harbour, and much more!

Last Agent to Sell the Property

Zarko Draskovic

London Foster Realty License #3277860 Listed on: 11/05/2020

London Foster Realty

Last Buyer's Agent

Juan Sebastian Carvajal

Realty One Group Evolution License #3271888

Realty One Group Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 2006

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $801 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,171 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23-32-09-050-0690

Community Details

Overview

  • High-Rise Condominium
  • The Bridgewater Condo
  • The Bridgewater Condo Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,087

Year Built

Built in 2006

Lot Details

0

HOA Fees

$801 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE BRIDGEWATER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1171
  • Possible Use: Primary
  • Stories: 21
  • Window Features: High Impact Windows
  • Bedroom Features: None
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE BRIDGEWATER CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 801
  • Amenities: Barbecue, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 23-32-09-050-0690
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 801

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Mar 30, 2021
Sold by
Lugonja Gordan
Bought by
Sierra Andres Bermeo
Seller's Agent
Zarko Draskovic
London Foster Realty
Buyer's Agent
Juan Sebastian Carvajal
Realty One Group Evolution
List Price
$315,000
Sold Price
$308,000
Premium/Discount to List
-$7,000
-2.22%
Current Estimated Value
$467,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,161
Avg. Annual Appreciation
9.87%
Original Mortgage
$231,000
Outstanding Balance
$209,180
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$255,132

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jul 11, 2017
Sold by
Mgg Capital Llc
Bought by
Lugonja Goran
Seller's Agent
Ricardo Berger
New Capital Realty
Buyer's Agent
Zarko Draskovic
London Foster Realty
List Price
$288,000
Sold Price
$225,000
Premium/Discount to List
-$63,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$213,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2015
Sold by
Tona Inc
Bought by
Mgg Capital Llc

Purchase Details

Closed on
Sep 7, 2010
Sold by
Suntrust Mortgage Inc
Bought by
Tona Inc

Purchase Details

Closed on
May 13, 2010
Sold by
Frandin Kelvin
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Aug 9, 2007
Sold by
Morra Enrique
Bought by
Frandin Kelvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 2006
Sold by
Ddb Investments Llc
Bought by
Morra Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,550
Interest Rate
1.45%
Mortgage Type
Unknown
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
Sierra Andres Bermeo $308,000 Cnergytitle & Escrow Llc
Bermeo Sierra Andres $308,000 New Title Company Name
Lugonja Goran $230,000 Attorney
Mgg Capital Llc -- Attorney
Tona Inc $154,900 Attorney
Suntrust Mortgage Inc $122,200 None Available
Frandin Kelvin $560,000 Attorney
Morra Enrique $362,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermeo Sierra Andres $231,000
Closed Bermeo Sierra Andres $231,000
Previous Owner Lugonja Goran $213,750
Previous Owner Frandin Kelvin $417,000
Previous Owner Frandin Kelvin $115,000
Previous Owner Morra Enrique $289,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $308,000 -2.2% $263 / Sq Ft
11/05/2020 11/05/20 For Sale $315,000 +40.0% $269 / Sq Ft
07/12/2017 07/12/17 Sold $225,000 -2.2% $192 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
03/28/2017 03/28/17 Price Changed $230,000 -8.0% $196 / Sq Ft
03/16/2017 03/16/17 Price Changed $250,000 -2.0% $213 / Sq Ft
03/09/2017 03/09/17 Price Changed $255,000 -3.8% $218 / Sq Ft
02/28/2017 02/28/17 Price Changed $265,000 -4.0% $226 / Sq Ft
02/14/2017 02/14/17 Price Changed $276,000 -13.8% $236 / Sq Ft
02/02/2017 02/02/17 Price Changed $320,000 +6.7% $273 / Sq Ft
12/02/2016 12/02/16 Price Changed $300,000 +13.2% $256 / Sq Ft
11/16/2016 11/16/16 Price Changed $265,000 -5.0% $226 / Sq Ft
11/02/2016 11/02/16 Price Changed $279,000 -3.1% $238 / Sq Ft
10/21/2016 10/21/16 For Sale $288,000 +28.0% $246 / Sq Ft
10/21/2016 10/21/16 Off Market $225,000 -- --
10/19/2016 10/19/16 For Sale $288,000 -- $246 / 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 $5,128 $284,487 -- --
2024 $4,986 $276,470 -- --
2023 $4,986 $268,418 $0 $0
2022 $4,731 $260,600 $0 $0
2021 $3,324 $190,003 $0 $0
2020 $3,254 $187,380 $0 $0
2019 $4,087 $228,512 $0 $0
2018 $4,373 $245,712 $0 $0
2017 $5,966 $273,013 $0 $0
2016 $5,439 $252,790 $0 $0
2015 $4,533 $174,784 $0 $0
2014 $4,009 $158,895 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2021

    Zarko Draskovic

    London Foster Realty

    (305) 781-0612

    1 in this area

    20 Total Sales

    Section Image
  • Juan Sebastian Carvajal

    Buyer's Agent in 2021

    Juan Sebastian Carvajal

    Realty One Group Evolution

    (786) 252-4280

    2 in this area

    19 Total Sales

    Section Image
  • Ricardo Berger

    Seller's Agent in 2017

    Ricardo Berger

    New Capital Realty

    (786) 262-0342

    5 Total Sales

    Section Image
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About The Bridgewater

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10953212

MIAMI REALTORS® MLS

APN: 23-3209-050-0690

Florida Miami/Dade County North Bay Village 33141 Treasure Island

1881 79th Street Causeway Unit 505, North Bay Village, FL

This home is located at 1881 79th Street Causeway Unit 505, North Bay Village, FL 33141 since 05 November 2020 and is currently estimated at $464,312, approximately $396 per square foot. This property was built in 2006. 1881 79th Street Causeway Unit 505 is a home located in Miami-Dade County with nearby schools including Treasure Island Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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