NOT LISTED FOR SALE

Estimated Value: $906,085 - $995,000

1 Bed
2 Baths
1,128 Sq Ft
$150/mo HOA Fee

Last Sold January 30, 2022

Last sale price $780,000 $691 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,278/month

111 Days on Market

Highlights

  • Valet Parking
  • Community Cabanas
  • Bar or Lounge
  • Ocean View
  • Property Fronts a Bay or Harbor
  • 4-minute walk to Margaret Pace Park

About This Home

As of January 2022

This apartment is located on a high floor in one of the most prestigious buildings in the EDGEWATER area of MIAMI, decorated by the famous LENNY KRAVITZ , beautiful 1-2 bath, plus DEN unit located on the 21Th floor of the building with all the views EAST to South Beach and all its surrounding islands are viewed from the beautiful 220 foot balcony next to the living room and the master suite. Amenities include 2 swimming pools, BBQ, cabanas, table tennis, fire pit, 2 story 6000sf fitness with SPA, Pilates studio, kids rooms, library, 24hr concierge and valet parking. European Cabinets Duravit toilet and bidet Stone kitchen countertop Sub-Zero Refrigerator / Freezer

Last Agent to Sell the Property

Natalia Trujillo

Realty One Group Evolution License #3262323 Listed on: 09/14/2021

Realty One Group Evolution

Last Buyer's Agent

Richard Elias

Coldwell Banker Realty License #0342724

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,472

Year Built

  • Built in 2010

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 1,128 Sq Ft Home
  • Custom Mirrors
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Closet Cabinetry
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-2600

Community Details

Overview

  • High-Rise Condominium
  • Paramount Bay Condo
  • Paramount Bay Condo Subdivision
  • 40-Story Property

Amenities

  • Valet Parking
  • Business Center
  • Bar or Lounge
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,098

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,472

Year Built

Built in 2010

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 21
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAMOUNT BAY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1128
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 40
  • Bedroom Features: Entry Level, Master Bedroom Ground Level

Exterior Features

  • View: Ocean View
  • Exterior Features: Barbeque, Open Balcony
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAMOUNT BAY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 150
  • Amenities: Bar, Business Center, Cabana, Clubhouse-Clubroom
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-2600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9472

Multi Family

  • Maintenance Expense: 1098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Feb 4, 2022
Sold by
Castano Montoya Juan David
Bought by
Moukattaf Austin
Seller's Agent
Natalia Trujillo
Realty One Group Evolution
Buyer's Agent
Richard Elias
Coldwell Banker Realty
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
Current Estimated Value
$950,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,271
Avg. Annual Appreciation
5.41%
Original Mortgage
$548,250
Outstanding Balance
$499,327
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$450,944

Purchase Details

Listed on
May 11, 2018
Closed on
Aug 20, 2018
Sold by
Martin Ben Jamarlin and Martin Anita
Bought by
Castano Montoya Juan David
Seller's Agent
Chad Gray
Compass Florida, LLC
List Price
$618,000
Sold Price
$600,000
Premium/Discount to List
-$18,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$360,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 20, 2013
Closed on
Feb 10, 2014
Sold by
A J D International Llc
Bought by
Martin Ben Jamarlin
Seller's Agent
Vertika Sieber
Sieber International, LLC
Buyer's Agent
Chad Gray
Coldwell Banker Residential RE
List Price
$730,000
Sold Price
$677,000
Premium/Discount to List
-$53,000
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%
Original Mortgage
$414,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Paramount Bay Owners Llc
Bought by
A J D International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Bay Owner Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moukattaf Austin $780,000 Lourdes Corvo Pa
Castano Montoya Juan David $600,000 Vantage Property Title Compa
Martin Ben Jamarlin $677,000 Sunbelt Title Agency
A J D International Llc $456,000 Attorney
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moukattaf Austin $548,250
Previous Owner Castano Montoya Juan David $360,000
Previous Owner Martin Ben Jamarlin $414,000
Previous Owner A J D International Llc $273,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2022 01/30/22 Sold $780,000 -4.9% $691 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
10/10/2021 10/10/21 Off Market $820,000 -- --
09/14/2021 09/14/21 For Sale $850,000 +41.7% $754 / Sq Ft
08/22/2018 08/22/18 Sold $600,000 -2.9% $532 / Sq Ft View Prior Sale
07/23/2018 07/23/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $618,000 -8.7% $548 / Sq Ft
02/13/2014 02/13/14 Sold $677,000 -1.9% $600 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
11/12/2013 11/12/13 Price Changed $690,000 -2.8% $612 / Sq Ft
10/10/2013 10/10/13 Price Changed $710,000 0.0% $629 / Sq Ft
08/05/2013 08/05/13 Rented $3,000 -99.6% --
07/06/2013 07/06/13 Under Contract -- -- --
06/20/2013 06/20/13 For Sale $730,000 0.0% $647 / Sq Ft
06/11/2013 06/11/13 For Rent $3,200 0.0% --
12/11/2012 12/11/12 Rented $3,200 -5.9% --
11/11/2012 11/11/12 Under Contract -- -- --
08/09/2012 08/09/12 For Rent $3,400 -- --
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 $13,847 $754,203 -- --
2024 $13,768 $732,948 -- --
2023 $13,768 $711,600 $0 $0
2022 $10,525 $489,219 $0 $0
2021 $9,449 $444,745 $0 $0
2020 $9,472 $444,745 $0 $0
2019 $10,319 $483,418 $0 $0
2018 $8,993 $471,325 $0 $0
2017 $8,895 $461,631 $0 $0
2016 $8,960 $452,137 $0 $0
2015 $12,390 $598,660 $0 $0
2014 $12,343 $544,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11098419

MIAMI REALTORS® MLS

APN: 01-3230-089-2600