NOT LISTED FOR SALE

Estimated Value: $2,680,000 - $4,618,000

2 Beds
2 Baths
1,239 Sq Ft
$3,503/mo HOA Fee

Last Sold March 28, 2023

Last sale price $2,800,000 $2,260 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $24,959/month

72 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Deck
  • Ocean Front
  • Clubhouse
  • 2-minute walk to Collins Park

About This Home

As of March 2023

The W South Beach is one of the most exclusive resort living properties in the world. Wake up to spectacular sunrises over the Atlantic Ocean or wind down to scenic sunsets. World class 5 star condo hotel where design, music and culture meet a sophisticated contemporary living. Line 28 is the most sought-after line in the building, with a fabulous south east exposure, the apartment offers a very comfortable and spacious floorplan, with two bedrooms and incredible lighting throughout the unit. W Hotel & Residences offers an ultra luxury lifestyle, from the world renown Mr. Chow restaurant, to the Bliss Spa and fitness, an outdoor tennis and basketball courts, exclusive beach club and personalized concierge services. Very flexible rental program to suit the owners needs. Priced aggressively!

Last Agent to Sell the Property

Bento Queiroz

Compass Florida, LLC License #3242275 Listed on: 12/06/2022

Compass Florida, LLC

Last Buyer's Agent

Robson Monteiro

Monteiro International Realty Corp License #3239063

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,814

Year Built

  • Built in 2009

Lot Details

  • Ocean Front
  • Southeast Facing Home
  • Fenced

HOA Fees

  • $3,503 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport

Property Views

  • Garden
  • Pool

Home Design

  • Condo Hotel
  • Entry on the 3rd floor

Interior Spaces

  • 1,239 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Great Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-218-3070

Community Details

Overview

  • High-Rise Condominium
  • W Hotel & Residences Condos
  • 2201 Collins Ave Condo Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Lobby
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,814

Year Built

Built in 2009

Lot Details

0

HOA Fees

$3,503 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 2201 COLLINS AVE CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Fire Sprinklers, Great Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 1239
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Living Room Features: Great Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: W HOTEL & RESIDENCES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 3503
  • Amenities: Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-218-3070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3503

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 37814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 28, 2023
Sold by
Wfl428 Llc
Bought by
W428 Llc
Seller's Agent
Bento Queiroz
Compass Florida, LLC
Buyer's Agent
Robson Monteiro
Monteiro International Realty Corp
List Price
$3,250,000
Sold Price
$2,800,000
Premium/Discount to List
-$450,000
-13.85%
Views
47
Current Estimated Value
$3,465,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,856
Avg. Annual Appreciation
8.62%
Original Mortgage
$1,400,000
Outstanding Balance
$1,350,028
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$2,115,828

Purchase Details

Listed on
Feb 15, 2019
Closed on
Dec 19, 2019
Sold by
Larsen Berge Gerdt
Bought by
Wfl 428 Llc
Seller's Agent
Lisa Van Wagenen
Brown Harris Stevens
Buyer's Agent
Alan Araujo
FACCIN Group Realty
List Price
$2,999,999
Sold Price
$2,700,000
Premium/Discount to List
-$299,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 5, 2012
Sold by
2201 Collins Fee Llc
Bought by
Larsen Berge Gerdt
Seller's Agent
Mayi de la Vega
One Sotheby's International Re
Buyer's Agent
Lisa Van Wagenen
Brown Harris Stevens
List Price
$2,445,000
Sold Price
$2,445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Mar 5, 2011
Sold by
2201 Collins Fee Llc
Bought by
Larsen Berge Gerdt
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 Buyer Sale Price Title Company
W428 Llc $2,800,000 None Listed On Document
Wfl 428 Llc $2,700,000 Attorney
Larsen Berge Gerdt $2,445,000 Attorney
Larsen Berge Gerdt $2,445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W428 Llc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2023 03/28/23 Sold $2,800,000 -13.8% $2,260 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
12/06/2022 12/06/22 For Sale $3,250,000 +20.4% $2,623 / Sq Ft
12/19/2019 12/19/19 Sold $2,700,000 -10.0% $2,179 / Sq Ft View Prior Sale
01/26/2019 01/26/19 For Sale $2,999,999 +22.7% $2,421 / Sq Ft
12/11/2012 12/11/12 For Sale $2,445,000 0.0% $1,811 / Sq Ft
03/05/2012 03/05/12 Sold $2,445,000 -- $1,811 / Sq Ft View Prior Sale
02/18/2012 02/18/12 Pending -- -- --
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 $39,353 $1,977,869 -- --
2024 $42,616 $2,326,905 -- --
2023 $42,616 $2,073,801 $0 $0
2022 $37,814 $1,885,274 $0 $0
2021 $38,932 $2,016,336 $0 $0
2020 $42,430 $2,191,667 $0 $0
2019 $40,772 $2,122,201 $0 $0
2018 $37,261 $2,122,201 $0 $0
2017 $39,873 $1,970,226 $0 $0
2016 $38,567 $1,791,115 $0 $0
2015 $40,615 $1,635,856 $0 $0
2014 $36,390 $1,487,142 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11309662

MIAMI REALTORS® MLS

APN: 02-3234-218-3070