Malaga Towers 1912 S Ocean Dr Unit PH1 Hallandale Beach, FL 33009
Oceanside Neighborhood
6
Beds
5.5
Baths
7,073
Sq Ft
$1,200/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Sitting Area In Primary Bedroom
- Ocean Front
- Penthouse
- 3-minute walk to South City Beach Park
About This Home
As of May 2025Experience a tranquil life on the ocean in this oceanfront penthouse, one of the largest available. PH1 spans the entire top floor of Malaga Towers, offering 7,200 sq ft of living space and 6,000 sq ft of wraparound outdoor terraces with stunning 360-degree views of the ocean, skyline, and sunsets. This is a rare opportunity to customize a magnificent oceanfront residence to your personal taste and create the ultimate luxury retreat. This grand residence features a private elevator, grand staircase, and a 900 sq ft guest/maid apartment with its own entrance and kitchen. Updated amenities include tennis courts, fitness center, social room, heated pool, concierge, and valet. Conveniently located near Fort Lauderdale, Bal Harbour, Aventura, and top shopping and dining.
Last Agent to Sell the Property
Coldwell Banker Realty License #3092781 Listed on: 05/31/2024
Last Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER License #SEF
Property Details
Home Type
- Condominium
Year Built
- Built in 1975
HOA Fees
- $1,200 Monthly HOA Fees
Parking
- 2 Car Parking Spaces
Property Views
Home Design
- Penthouse
- Concrete Block And Stucco Construction
Interior Spaces
- 7,073 Sq Ft Home
- Furnished
- Blinds
- Great Room
- Family Room
- Formal Dining Room
- Den
- Marble Flooring
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Cooking Island
Bedrooms and Bathrooms
- 6 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Closet Cabinetry
- Maid or Guest Quarters
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
Additional Features
- Accessible Elevator Installed
- Balcony
- Ocean Front
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 514226CJ0730
Community Details
Overview
- Malaga Towers Condo
- Malaga Towers Condo Subdivision
- 21-Story Property
Amenities
- Doorman
- Valet Parking
- Community Center
- Party Room
- Secure Lobby
Recreation
Pet Policy
- Breed Restrictions
Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2024
Closed on
May 21, 2025
Sold by
Solomon Cheryl and Sochaczevski Cheryl
Bought by
Olymbec Usa Llc
Seller's Agent
Jonathan Mann
Coldwell Banker Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$2,999,000
Sold Price
$1,600,000
Premium/Discount to List
-$1,399,000
-46.65%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
959.87%
Original Mortgage
$1,000,000
Outstanding Balance
$999,141
Interest Rate
6.76%
Mortgage Type
Balloon
Estimated Equity
$1,506,496
Purchase Details
Closed on
Aug 4, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Sochaczevaski Judy and Asfp Trust
Purchase Details
Closed on
Apr 6, 2010
Sold by
Knights Jason H and Walker Kevin
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Aug 7, 2007
Sold by
Pierre Andre Jeffrey
Bought by
Pierre Andre Jeffrey and Knights Jason H
Purchase Details
Closed on
Sep 19, 2006
Sold by
Walker Kevin
Bought by
Andre Jeffrey Pierre
Purchase Details
Closed on
May 4, 2006
Sold by
Dorfman Steven C and Dorfman Jeannette
Bought by
Walker Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
2.27%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 8, 2005
Sold by
Levine Philip
Bought by
Dorfman Steven and Dorfman Steven C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
4.38%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 9, 2004
Sold by
Shuster Marvin M and Shuster Chana Basye
Bought by
Levine Philip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2004
Sold by
Wohl Matthew
Bought by
Shuster Marvin and Shuster Chana
Purchase Details
Closed on
Feb 20, 1997
Sold by
Frank and Tolin Beatrice Tolin
Bought by
Wohl Matthew and Wohl Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,600,000 | None Listed On Document | |
| Special Warranty Deed | $1,325,000 | None Available | |
| Trustee Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $4,200,000 | Quantum Title Services | |
| Warranty Deed | $1,600,000 | Trans State Title Ins Corp | |
| Warranty Deed | $1,500,000 | -- | |
| Warranty Deed | $1,300,000 | -- | |
| Warranty Deed | $851,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Balloon | |
| Previous Owner | $2,940,000 | Negative Amortization | |
| Previous Owner | $645,000 | Stand Alone Second | |
| Previous Owner | $1,280,000 | Unknown | |
| Previous Owner | $925,000 | New Conventional | |
| Previous Owner | $407,000 | Credit Line Revolving | |
| Previous Owner | $110,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $1,600,000 | -46.6% | $226 / Sq Ft |
| 01/13/2025 01/13/25 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $2,999,000 | -- | $424 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $47,402 | $2,270,990 | -- | -- |
| 2024 | $45,405 | $2,270,990 | -- | -- |
| 2023 | $45,405 | $1,876,860 | $0 | $0 |
| 2022 | $38,122 | $1,706,240 | $0 | $0 |
| 2021 | $32,129 | $1,551,130 | $155,110 | $1,396,020 |
| 2020 | $32,656 | $1,569,800 | $156,980 | $1,412,820 |
| 2019 | $35,291 | $1,687,970 | $168,800 | $1,519,170 |
| 2018 | $32,980 | $1,662,400 | $166,240 | $1,496,160 |
| 2017 | $28,991 | $1,502,840 | $0 | $0 |
| 2016 | $27,896 | $1,366,220 | $0 | $0 |
| 2015 | $25,476 | $1,242,020 | $0 | $0 |
| 2014 | $23,001 | $1,129,110 | $0 | $0 |
| 2013 | -- | $1,026,470 | $102,650 | $923,820 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jonathan Mann
Coldwell Banker Realty
(786) 877-6201
1 in this area
116 Total Sales
-
Seller Co-Listing Agent in 2025
Jill Hertzberg
Coldwell Banker Realty
(305) 788-5455
1 in this area
186 Total Sales
-
N
Buyer's Agent in 2025
NON-MLS MEMBER
MAR NON MLS MEMBER
About Malaga Towers
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11618960
APN: 51-42-26-CJ-0730
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