NOT LISTED FOR SALE

Estimated Value: $1,368,000 - $1,690,500

2 Beds
2 Baths
1,585 Sq Ft
$867/mo HOA Fee

Last Sold March 26, 2024

Last sale price $1,325,000 $836 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,651/month

166 Days on Market

Highlights

  • Valet Parking
  • Penthouse
  • Community Pool
  • Fitness Center
  • Clubhouse
  • 4-minute walk to Collins Park

About This Home

As of March 2024

Oversized 2-bedroom 2-bath penthouse with a private 1,367-SF, roof-top terrace, situated on the 5th floor of Artecity condominium, boutique luxury building in South Beach located 2 blocks to the beach and Lincoln Road. This beautifully finished and sunlit unit features large living room with an open gourmet kitchen, high ceilings, both bedrooms with en-suite modern baths and large closets. Artecity is a unique development with exceptional design and finishes, 2 pools, gym, valet parking, game room, & beach service. Located in the Art Deco district of South Beach, this building is steps away to many options for shopping, dining, and nightlife in the Art Deco District, Collins Avenue, and Lincoln Road.

Last Agent to Sell the Property

Nelson Gonzalez

BHHS EWM Realty License #0449460 Listed on: 09/20/2023

BHHS EWM Realty

Last Buyer's Agent

Roberta Poli

Related ISG Realty, LLC. License #3566812

Related ISG Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,309

Year Built

  • Built in 2011

Lot Details

  • East Facing Home
  • Fenced

HOA Fees

  • $867 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Penthouse

Interior Spaces

  • 1,585 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bidet
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-041-0390

Community Details

Overview

  • Artepark South Condo
  • Artepark South Condo Subdivision
  • 5-Story Property

Amenities

  • Valet Parking
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,116

Security

  • Card or Code Access
  • Secure Elevator
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,309

Year Built

Built in 2011

Lot Details

0

HOA Fees

$867 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ARTEPARK SOUTH CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1585
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Artepark South Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 867
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-27-041-0390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1116

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Mar 26, 2024
Sold by
Mcg-Artepark S508 Llc
Bought by
Deritis Pablo Agustin and Pastor Soraya Cristina
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Roberta Poli
Related ISG Realty, LLC.
List Price
$1,595,000
Sold Price
$1,325,000
Premium/Discount to List
-$270,000
-16.93%
Views
88
Current Estimated Value
$1,466,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,216
Avg. Annual Appreciation
7.98%
Original Mortgage
$927,500
Outstanding Balance
$914,220
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$558,905

Purchase Details

Closed on
Mar 6, 2012
Sold by
Artecity Marketing Llc
Bought by
Mcg Artepark S508 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
Deritis Pablo Agustin $1,325,000 Leonardo Title
Mcg Artepark S508 Llc $1,104,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deritis Pablo Agustin $927,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $1,325,000 -5.0% $836 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $1,395,000 -6.7% $880 / Sq Ft
10/24/2023 10/24/23 Price Changed $1,495,000 -6.3% $943 / Sq Ft
09/20/2023 09/20/23 For Sale $1,595,000 0.0% $1,006 / Sq Ft
11/21/2022 11/21/22 Rented $7,450 -6.3% --
11/17/2022 11/17/22 Under Contract -- -- --
10/18/2022 10/18/22 Price Changed $7,950 -9.1% $5 / Sq Ft
09/06/2022 09/06/22 For Rent $8,750 +36.7% --
10/06/2021 10/06/21 Off Market $6,400 -- --
08/26/2021 08/26/21 Rented -- -- --
07/20/2021 07/20/21 Under Contract -- -- --
07/12/2021 07/12/21 For Rent $6,400 +52.4% --
08/26/2020 08/26/20 Rented $4,200 +5.7% --
08/11/2020 08/11/20 Under Contract -- -- --
07/31/2020 07/31/20 For Rent $3,975 -20.1% --
10/30/2018 10/30/18 Rented $4,975 0.0% --
10/30/2018 10/30/18 Under Contract -- -- --
03/08/2018 03/08/18 Price Changed $4,975 -8.7% $3 / Sq Ft
08/31/2017 08/31/17 For Rent $5,450 +9.5% --
07/01/2013 07/01/13 Rented $4,975 -7.9% --
06/01/2013 06/01/13 Under Contract -- -- --
02/08/2013 02/08/13 For Rent $5,400 -- --
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 $21,541 $1,103,950 -- --
2024 $20,497 $1,063,788 -- --
2023 $20,497 $967,080 $0 $0
2022 $17,309 $879,164 $0 $0
2021 $15,432 $799,240 $0 $0
2020 $14,597 $754,000 $0 $0
2019 $17,190 $887,081 $0 $0
2018 $18,534 $985,646 $0 $0
2017 $22,614 $1,187,525 $0 $0
2016 $22,810 $1,166,319 $0 $0
2015 $21,007 $1,060,290 $0 $0
2014 $21,542 $1,060,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11455730

MIAMI REALTORS® MLS

APN: 02-3227-041-0390