$340,000
SOLD APR 15, 2025
2 Beds
1.5 Baths
1,084 Sq Ft
$726/mo HOA Fee

Recently Sold

$314 Per Sq Ft

7% Below List Price

56 Days on Market

Highlights

  • Intracoastal View
  • Community Pool
  • Closet Cabinetry
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Balcony
  • 2-minute walk to Senator Gwen Margolis Park Sunny Isles Beach

About This Home

As of April 2025

Great investment opportunity in prestigious Sunny Isles Beach! Airbnb and short-term rental are officially allowed in the building. Fully remodeled 2-bedroom, 1.5-bathroom, 1,040 SqFt of living space plus a large balcony and parking included. Perfect for both personal enjoyment and income generation. The building has completed its 40-year certification. Great area with sophisticated infrastructure: salons, restaurants, supermarkets, boutiques, worship houses, (rank A) elementary & middle schools. Rare opportunity-do not miss!

Last Agent to Sell the Property

Olena Korchynska

The Gates Realty License #3460796 Listed on: 02/18/2025

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1976

HOA Fees

  • $726 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Property Views

  • Intracoastal
  • Garden

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,084 Sq Ft Home
  • Entrance Foyer
  • Tile Flooring
  • Video Cameras
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Shower Only

Schools

  • Norman S. Edelcup K-8 Elementary And Middle School
  • Alonzo And Tracy Mourning Sr. High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 31-22-11-025-0110

Community Details

Overview

  • 60 Units
  • Mid-Rise Condominium
  • Marbella Tower Condo
  • Marbella Tower Condo Subdivision
  • 6-Story Property

Amenities

  • Courtesy Bus
  • Trash Chute
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,870

Year Built

Built in 1976

Lot Details

0

HOA Fees

$726 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: From Collins avenue turn to 180 ST, make a second left turn to 178ST. It will be the first building on your right.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MARBELLA TOWER CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Elevator, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1084
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 6
  • Bedroom Features: Entry Level, Primary Bath Shower

Exterior Features

  • View: Garden View, Intracoastal View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARBELLA TOWER CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 726
  • Amenities: Laundry, Courtesy Bus, Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Norman S. Edelcup K-8
  • High School: Alonzo and Tracy Mourning Sr. High
  • Middle Or Junior School: Norman S. Edelcup K-8

Lot Info

  • Parcel Number: 31-22-11-025-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 60
  • Number Of Units Total: 60

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Apr 14, 2025
Sold by
Nekhis Mykhaylo and Nekhis Tamara
Bought by
Zalman Francis
Seller's Agent
Olena Korchynska
The Gates Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Views
8
Current Estimated Value
$329,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,372
Avg. Annual Appreciation
-6.65%

Purchase Details

Closed on
Apr 7, 2016
Sold by
Nekhis Mykhaylo and Nekhis Tamara
Bought by
Nekhis Mykhaylo and Nekhis Tamara

Purchase Details

Closed on
Mar 28, 2014
Sold by
Arthur Management Inc
Bought by
Nekhis Mykhaylo and Nekhis Tamara

Purchase Details

Closed on
Sep 15, 2009
Sold by
Kurayev Mushe and Kosenko Oleg
Bought by
Arthur Management Inc

Purchase Details

Closed on
Mar 11, 2005
Sold by
Alaimo Dora and Alaimo Campanelli Dora
Bought by
Kurayev Mushe and Kosenko Oleg

Purchase Details

Closed on
Apr 15, 1999
Sold by
Luigi and Alaimo Dora
Bought by
Campanelli Dora A

Purchase Details

Closed on
Nov 2, 1995
Sold by
Luigi and Alaimo Dora
Bought by
Alaimo Luigi and Alaimo Dora
Source: Public Records

Range of Values:

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Average Value
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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 $340,000 Southeastern Title
Warranty Deed $340,000 Southeastern Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $192,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $155,000 --
Quit Claim Deed $100 --
Quit Claim Deed $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $340,000 -6.8% $314 / Sq Ft
02/18/2025 02/18/25 For Sale $365,000 0.0% $337 / Sq Ft
08/01/2014 08/01/14 Rented $1,600 -5.9% --
07/02/2014 07/02/14 Under Contract -- -- --
06/19/2014 06/19/14 For Rent $1,700 -- --
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 $3,870 $214,291 -- --
2024 $3,418 $194,810 -- --
2023 $3,418 $177,100 $0 $0
2022 $2,759 $161,000 $0 $0
2021 $2,862 $161,000 $0 $0
2020 $3,102 $173,000 $0 $0
2019 $3,200 $178,000 $0 $0
2018 $3,120 $177,940 $0 $0
2017 $3,490 $193,551 $0 $0
2016 $3,348 $175,956 $0 $0
2015 $3,012 $159,960 $0 $0
2014 $2,663 $134,277 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11747284

MIAMI REALTORS® MLS

APN: 31-2211-025-0110