$655,000
SOLD OCT 15, 2024
2 Beds
2.5 Baths
1,162 Sq Ft
$1,187/mo HOA Fee

Recently Sold

$564 Per Sq Ft

6% Below List Price

210 Days on Market

Highlights

  • Doorman
  • Intracoastal View
  • Community Pool
  • Fitness Center
  • Wood Flooring
  • 1-minute walk to Margaret Pace Park

About This Home

As of October 2024

Come experience the charm of this beautiful 2-bedroom, 2.5-bathroom residence with a thoughtfully designed split floor plan and spacious walk-in closets. You'll love the abundance of natural light that pours in through the floor-to-ceiling windows, creating a warm and inviting atmosphere. Take in the breathtaking panoramic views of the bustling downtown skyline, complemented by a glimpse of the tranquil bay waters. Quantum on the Bay Condo is an architectural gem nestled right in the heart of Miami. This unique complex stands tall in the Edgewater neighborhood, just a stone's throw north of Downtown Miami. Step into a lifestyle that blends contemporary elegance with unbeatable views in a sought-after urban enclave right across from Margaret Pace Park and walkable to shops and nightlife.

Last Agent to Sell the Property

Milton Andrade

Compass Florida, LLC License #3031564 Listed on: 03/14/2024

Compass Florida, LLC

Last Buyer's Agent

Vincent Gubitosi

RE/MAX Park Creek Realty Inc License #3093711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,918

Year Built

  • Built in 2008

HOA Fees

  • $1,187 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Interior Spaces

  • 1,162 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-067-1890

Community Details

Overview

  • High-Rise Condominium
  • Quantum On The Bay Condos
  • Quantum On The Bay Condo Subdivision

Amenities

  • Doorman
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,918

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,187 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Located just north of the 395 on the Biscayne corridor across from Margaret Pace Park
  • Entry Level: 14
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: QUANTUM ON THE BAY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1162
  • Possible Use: Primary
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: Quantum on the bay
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry, Guard At Site, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 1187
  • Amenities: Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-31-067-1890
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Oct 14, 2024
Sold by
Palacio Andrea Carolina Lozano and Nodar Louis Armando
Bought by
Hollingshead Annette T
Seller's Agent
Milton Andrade
Compass Florida, LLC
Buyer's Agent
Vincent Gubitosi
RE/MAX Park Creek Realty Inc
List Price
$700,000
Sold Price
$655,000
Premium/Discount to List
-$45,000
-6.43%
Views
4218
Current Estimated Value
$640,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,208
Avg. Annual Appreciation
-0.38%
Original Mortgage
$479,936
Outstanding Balance
$475,711
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$177,138

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 16, 2021
Sold by
Inspire Investments Llc
Bought by
Nodar Louis Armando and Lozano Andrea Carolina
Seller's Agent
Domenico Acerbi
Blue B Properties, LLC
Buyer's Agent
Angela Canas
Coldwell Banker Realty
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$444,600
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2012
Closed on
Apr 17, 2012
Sold by
Galeana Humberto
Bought by
Inspire Investments Llc
Seller's Agent
Juan-Carlos Fernandez
Keller Williams Realty SW
Buyer's Agent
Jazmin Savloff
Blue B Properties, LLC
List Price
$327,000
Sold Price
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
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 Type Sale Price Title Company
Warranty Deed $655,000 None Listed On Document
Warranty Deed $470,000 Coto Law Firm Pa
Warranty Deed $327,000 Bay Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,936 New Conventional
Previous Owner $68,580 Credit Line Revolving
Previous Owner $444,600 New Conventional
Previous Owner $228,900 Balloon
Previous Owner $248,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $655,000 -3.0% $564 / Sq Ft
05/09/2024 05/09/24 Price Changed $675,000 -3.6% $581 / Sq Ft
03/18/2024 03/18/24 For Sale $700,000 0.0% $602 / Sq Ft
11/01/2023 11/01/23 Rented $4,150 -1.2% --
09/15/2023 09/15/23 Under Contract -- -- --
08/28/2023 08/28/23 Price Changed $4,200 -6.7% $4 / Sq Ft
08/25/2023 08/25/23 For Rent $4,500 0.0% --
12/21/2021 12/21/21 Sold $470,000 -2.1% $404 / Sq Ft
11/15/2021 11/15/21 For Sale -- -- --
11/10/2021 11/10/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $480,000 0.0% $413 / Sq Ft
04/15/2021 04/15/21 Rented $2,200 0.0% --
03/26/2021 03/26/21 Under Contract -- -- --
03/23/2021 03/23/21 For Rent $2,200 0.0% --
02/20/2021 02/20/21 Under Contract -- -- --
02/15/2021 02/15/21 For Rent $2,200 0.0% --
01/25/2021 01/25/21 Under Contract -- -- --
01/20/2021 01/20/21 For Rent $2,200 0.0% --
12/09/2020 12/09/20 Under Contract -- -- --
12/03/2020 12/03/20 Price Changed $2,200 -4.3% $2 / Sq Ft
11/16/2020 11/16/20 Price Changed $2,300 -4.2% $2 / Sq Ft
08/26/2020 08/26/20 For Rent $2,400 +6.7% --
06/06/2012 06/06/12 Rented $2,250 -10.0% --
06/06/2012 06/06/12 For Rent $2,500 0.0% --
04/20/2012 04/20/12 Sold $327,000 0.0% $281 / Sq Ft
03/10/2012 03/10/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $327,000 -- $281 / 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 $9,338 $476,399 -- --
2024 $5,918 $466,144 -- --
2023 $5,918 $329,728 $0 $0
2022 $5,733 $320,125 $0 $0
2021 $5,441 $256,100 $0 $0
2020 $5,245 $246,250 $0 $0
2019 $5,533 $259,210 $0 $0
2018 $5,597 $267,227 $0 $0
2017 $6,290 $296,919 $0 $0
2016 $6,415 $292,394 $0 $0
2015 $6,155 $273,726 $0 $0
2014 $5,914 $248,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11552281

MIAMI REALTORS® MLS

APN: 01-3231-067-1890