NOT LISTED FOR SALE

Estimated Value: $624,622 - $790,000

1 Bed
1.5 Baths
966 Sq Ft
2005 Built

Last Sold March 20, 2019

Last sale price $570,300 $590 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,485/month

122 Days on Market

Highlights

  • Doorman
  • On Golf Course
  • Newly Remodeled
  • North Beach Elementary School Rated A-
  • Fitness Center
  • 3-minute walk to Pride Park

About This Home

As of March 2019

Chic, Fabulous & Rare Miami Beach Pied a Terre'! PENTHOUSE Living in the most desirable and newly redesigned neighborhood on South Beach. This pristine niche mid-rise is the best-kept secret in Miami Beach! PH17 is your perfect getaway! High ceilings, concrete floors, sweeping views and private terrace engulf your senses. Contemporary kitchen and living room open into a master suite with a modern interior glass wall system that maintains the open and airy architecture. Optional space off Living Room and Kitchen can be reinvented into an office, child's room or extended dining area. New W/D and A/C unit. Roof top pool, gym. Walking, jogging, biking distance to new MB Convention Center, newly designed public park, MB Botanical Gardens, Lincoln Road, Restaurants, Houses of Worship & Theater!!

Last Agent to Sell the Property

Dale Newberg

Related ISG Realty, LLC. License #3329928 Listed on: 10/08/2018

Related ISG Realty, LLC.

Last Buyer's Agent

Dale Newberg

Related ISG Realty, LLC. License #3329928 Listed on: 10/08/2018

Related ISG Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,902

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • On Golf Course
  • Northwest Facing Home

Parking

  • 2 Car Attached Garage

Property Views

Home Design

  • Penthouse
  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 966 Sq Ft Home
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Concrete Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Closet Cabinetry
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

  • Miami Beach High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-169-0660

Community Details

Overview

  • Property has a Home Owners Association
  • The Meridian Condos
  • The Meridian Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $735

Security

  • Card or Code Access
  • Secure Elevator
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,902

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: Google Maps or WAZE. Dade Boulevard at Meridian Avenue.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Meridian
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Entrance Foyer, Volume Ceilings, Den/Library/Office
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Concrete
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 966
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Kitchen Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Golf View, Skyline
  • Exterior Features: On Golf Course, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE MERIDIAN
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Amenities: Bike Storage, Elevator(s), Exercise Room, Storage, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach

Lot Info

  • Parcel Number: 02-32-34-169-0660
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6902

Multi Family

  • Maintenance Expense: 735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Mar 20, 2019
Sold by
Newberg Jonathan and Newberg Jessica
Bought by
Mcdonough Brian and Mcdonough Georgia
Seller's Agent
Dale Newberg
Related ISG Realty, LLC.
Buyer's Agent
Dale Newberg
Related ISG Realty, LLC.
List Price
$625,000
Sold Price
$570,300
Premium/Discount to List
-$54,700
-8.75%
Current Estimated Value
$719,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,356
Avg. Annual Appreciation
3.54%
Original Mortgage
$490,000
Outstanding Balance
$422,568
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$297,088

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jan 15, 2015
Sold by
Kaplan Jaclyn and Eckstein Avi
Bought by
Newberg Jonathan and Newberg Jessica
Seller's Agent
Robert Evangelista
One Sotheby's International Realty
Buyer's Agent
Audrey Lehr
MMLS Assoc.-Inactive Member
List Price
$529,000
Sold Price
$465,000
Premium/Discount to List
-$64,000
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$372,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2009
Sold by
Wortley Ginger and Wortley Barbara
Bought by
Kaplan Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2005
Sold by
Rosario Aurea E
Bought by
Wortley Ginger and Wortley Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2005
Sold by
2001 Meridian Ltd
Bought by
Rosario Aurea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
5.48%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mcdonough Brian $570,300 Attorney
Newberg Jonathan $465,000 Attorney
Kaplan Jaclyn $290,000 Attorney
Wortley Ginger $373,000 --
Rosario Aurea $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonough Brian $490,000
Previous Owner Newberg Jonathan $372,000
Previous Owner Kaplan Jaclyn $274,928
Previous Owner Wortley Ginger $298,400
Previous Owner Rosario Aurea $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2019 03/20/19 Sold $570,300 -4.8% $590 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
12/12/2018 12/12/18 Price Changed $599,000 -4.2% $620 / Sq Ft
10/08/2018 10/08/18 For Sale $625,000 +34.4% $647 / Sq Ft
01/16/2015 01/16/15 Sold $465,000 -6.8% $481 / Sq Ft View Prior Sale
11/19/2014 11/19/14 Pending -- -- --
10/20/2014 10/20/14 Price Changed $499,000 -5.7% $517 / Sq Ft
09/17/2014 09/17/14 For Sale $529,000 -- $548 / 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 $8,299 $421,927 -- --
2024 $7,333 $383,570 -- --
2023 $7,333 $348,700 $0 $0
2022 $5,956 $317,000 $0 $0
2021 $6,094 $315,600 $0 $0
2020 $6,758 $349,100 $0 $0
2019 $6,184 $359,900 $0 $0
2018 $6,584 $391,185 $0 $0
2017 $6,902 $403,284 $0 $0
2016 $7,045 $403,284 $0 $0
2015 $3,181 $200,959 $0 $0
2014 $3,234 $199,365 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10542090

MIAMI REALTORS® MLS

APN: 02-3234-169-0660