NOT LISTED FOR SALE

Estimated Value: $464,000 - $489,000

1 Bed
1 Bath
951 Sq Ft
$950/mo HOA Fee

Last Sold December 11, 2024

Last sale price $480,000 $505 Per Sq Ft

Current estimated payment $4,193/month

155 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Sauna
  • Fitness Center
  • Wood Flooring
  • 1-minute walk to Margaret Pace Park

About This Home

As of December 2024

Welcome to this upgraded unit with beautiful Bay views & Margaret Pace Park scenery. This freshly painted, white, 1-bedroom+Den in Edgewater blends spacious & versatile functionality. The adaptable Den can serve as a 2nd bedroom or private office. The kitchen features new, state-of-the-art appliances & ample storage. Enjoy resort-style amenities including a 2-story gym, 2 pools, a theater, party room & a lobby-level store. Located in vibrant Edgewater, you'll have easy access to urban amenities, business districts, Brickell, Design District, Midtown, dining hotspots & recreational venues. Just minutes from South Beach & the Performing Arts Center, with easy airport access. Your dream home awaits in one of Miami's most desirable neighborhoods, offering an unmatched lifestyle.

Last Agent to Sell the Property

Alexia Powers

Cervera Real Estate Inc. License #3042037 Listed on: 06/05/2024

Cervera Real Estate Inc.

Last Buyer's Agent

Frank Corominas

Keller Williams Realty SW License #3439825

Keller Williams Realty SW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 2007

HOA Fees

  • $950 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 951 Sq Ft Home
  • Combination Dining and Living Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-064-2580

Community Details

Overview

  • High-Rise Condominium
  • Quantum On The Bay Condo
  • Quantum On The Bay Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 52-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Business Center
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,731

Year Built

Built in 2007

Lot Details

0

HOA Fees

$950 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 30
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Den/Library/Office
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 951
  • Possible Use: Primary
  • Stories: 52
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Bay, Skyline
  • 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: QUANTUM ON THE BAY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 950
  • Amenities: Barbecue, Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Exercise Room, Exterior Lighting, Heated Pool, Other, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-31-064-2580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Dec 11, 2024
Sold by
Massey Ronald
Bought by
Velazquez Carmen Elena
Seller's Agent
Alexia Powers
Cervera Real Estate Inc.
Buyer's Agent
Frank Corominas
Keller Williams Realty SW
List Price
$526,000
Sold Price
$480,000
Premium/Discount to List
-$46,000
-8.75%
Total Days on Market
155
Views
1
Current Estimated Value
$480,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109
Avg. Annual Appreciation
0.04%
Original Mortgage
$336,000
Outstanding Balance
$334,842
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$145,267

Purchase Details

Closed on
Nov 24, 2008
Sold by
Terra Adi International Bayshore Llc
Bought by
Massey Ronald and Massey Sunitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Velazquez Carmen Elena $480,000 None Listed On Document
Velazquez Carmen Elena $480,000 None Listed On Document
Massey Ronald $250,000 Florida National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Carmen Elena $336,000
Closed Velazquez Carmen Elena $336,000
Previous Owner Massey Sunitha $197,200
Previous Owner Massey Ronald $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $480,000 -8.7% $505 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $526,000 +9.6% $553 / Sq Ft
06/05/2024 06/05/24 Off Market $480,000 -- --
06/05/2024 06/05/24 For Sale $526,000 -- $553 / 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 $6,731 $321,436 -- --
2023 $6,731 $292,215 $0 $0
2022 $5,715 $265,650 $0 $0
2021 $5,131 $241,500 $0 $0
2020 $4,899 $230,000 $0 $0
2019 $5,337 $250,000 $0 $0
2018 $5,236 $250,000 $0 $0
2017 $5,557 $262,306 $0 $0
2016 $5,769 $255,378 $0 $0
2015 $5,542 $232,162 $0 $0
2014 $5,246 $211,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11600329

MIAMI REALTORS® MLS

APN: 01-3231-064-2580