$260,000
SOLD DEC 21, 2018
1 Bed
1 Bath
726 Sq Ft
$410/mo HOA Fee

Recently Sold

$358 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • Doorman
  • Clubhouse
  • Furnished
  • Property Fronts a Bay or Harbor
  • Main Floor Bedroom
  • 3-minute walk to Margaret Pace Park

About This Home

As of December 2018

**Fully furnished 1/1 with excellent NE-bay views in mint condition**Brand new energy efficient AC-unit with 10 year warranty just installed March 2018**Ideal unit for investor or end-user. CITE is a popular full-service condo offering 24/7 front desk, valet and security. Tranquil amenities include beach-style-pool, jacuzzi, large TechnoGym open daily 6am-11pm, club room w/pool table, business lounge w/ free internet 24/7. Fine retail on premises. Walk to shopping, dining, public transportation. Ideally located in the heart of trendy East Edgewater, on the bay and in front of large waterfront park. Close to Downtown, Brickell, beaches, airport and hospitals. Ideal for investor, unit rented until February 2019 at $1,850. Great location in trendy East Edgewater, on the bay and by the park !

Last Agent to Sell the Property

Maggie Oertel-Ayguen

Kamany Realty & Prop. Mngmt In License #0698114 Listed on: 09/05/2018

Last Buyer's Agent

Irma Middleton

Real Broker LLC License #3362731

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 2004

Lot Details

  • Northeast Facing Home

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 726 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling Available
  • Heating Available

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-072-2400

Community Details

Overview

  • 436 Units
  • Mid-Rise Condominium
  • Cite On The Bay Condos
  • Cite On The Bay Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Billiard Room
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,556

Year Built

Built in 2004

Lot Details

0

HOA Fees

$410 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Cite on the Bay
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Elevator, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 726
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Cite on the Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Secured Garage/Parking, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 410
  • Amenities: Bike Storage, Billiard Room, Clubhouse-Clubroom, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-30-072-2400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 410
  • Number Of Units In Community: 436
  • Number Of Units Total: 436

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 2, 2018
Sold by
Haraldsson Thorgeir
Bought by
Vasquez Adilia Marie
Seller's Agent
Maggie Oertel-Ayguen
Kamany Realty & Prop. Mngmt In
Buyer's Agent
Irma Middleton
Real Broker LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$397,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,968
Avg. Annual Appreciation
6.57%
Original Mortgage
$221,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2007
Sold by
Menchero Frank T and Menchero Kathleen A
Bought by
Haraldsson Thorgeir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2004
Sold by
Mcz/Centrum Bayshore Llc
Bought by
Menchero Frank T and Menchero Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,300
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

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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 $260,000 Clear Title Services Inc
Warranty Deed $269,000 Clear Title Services Inc
Special Warranty Deed $255,900 Felberbaum & Associate Resou
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Previous Owner $221,000 New Conventional
Previous Owner $215,200 Unknown
Previous Owner $230,300 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Rented $2,800 -3.1% --
08/17/2022 08/17/22 Under Contract -- -- --
07/30/2022 07/30/22 Price Changed $2,890 -3.7% $4 / Sq Ft
07/11/2022 07/11/22 For Rent $3,000 0.0% --
12/21/2018 12/21/18 Sold $260,000 -5.5% $358 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $275,000 0.0% $379 / Sq Ft
08/11/2016 08/11/16 Rented $2,000 0.0% --
08/01/2016 08/01/16 Under Contract -- -- --
07/04/2016 07/04/16 For Rent $2,000 +11.1% --
10/26/2015 10/26/15 Rented $1,800 -17.2% --
09/26/2015 09/26/15 Under Contract -- -- --
07/22/2015 07/22/15 For Rent $2,175 +10.1% --
08/01/2014 08/01/14 Rented $1,975 -8.1% --
07/02/2014 07/02/14 Under Contract -- -- --
06/03/2014 06/03/14 For Rent $2,150 +19.4% --
07/01/2013 07/01/13 Rented $1,800 -2.7% --
06/01/2013 06/01/13 Under Contract -- -- --
05/06/2013 05/06/13 For Rent $1,850 -- --
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 $6,095 $304,260 -- --
2024 $5,686 $304,260 -- --
2023 $5,686 $276,600 $0 $0
2022 $3,080 $191,420 $0 $0
2021 $3,061 $185,845 $0 $0
2020 $3,017 $183,280 $0 $0
2019 $4,253 $199,217 $0 $0
2018 $4,067 $205,378 $0 $0
2017 $3,873 $171,680 $0 $0
2016 $3,767 $156,073 $0 $0
2015 $3,434 $141,885 $0 $0
2014 $3,253 $128,987 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10532926

MIAMI REALTORS® MLS

APN: 01-3230-072-2400