NOT LISTED FOR SALE

Estimated Value: $3,272,000 - $4,574,000

5 Beds
3.5 Baths
4,740 Sq Ft
2006 Built

Last Sold February 06, 2019

Last sale price $5,250,000 $1,108 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $24,268/month

116 Days on Market

Highlights

  • Home fronts a canal
  • Vaulted Ceiling
  • End Unit
  • Deck
  • Marble Flooring
  • 3-minute walk to Collins Park

About This Home

As of February 2019

Remarkable 4 story waterfront condominium designed by Chad Oppenheim. Vaulted ceilings and floor to ceiling windows. Not attention to detail has been overlooked. 4 BR 3 full baths, rooftop deck and plunge pool. Elevator and 2 car garage. Just steps to the beach, Lincoln Road and cultural locations.

Last Agent to Sell the Property

Dan Blakeman

Quadra Real Estate + Advisory, LLC License #0461780 Listed on: 10/15/2018

Co-Listed By

Lyle Chariff

MMLS Assoc.-Inactive Member License #0598708

Last Buyer's Agent

Roy Faith

FIP Realty Services, LLC License #3194725

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,451

Year Built

  • Built in 2006

Lot Details

  • Home fronts a canal
  • End Unit

Parking

  • 2 Car Garage

Home Design

  • Garden Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,740 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • Marble Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-035-0020

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Low-Rise Condominium
  • 2228 Park Avenue Condos
  • 2228 Park Avenue Condo Subdivision

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • High Impact Door
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,451

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Co List Office Mls Id: LYLE01
  • Co List Office Phone: 305-576-7474
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 2228 PARK AVENUE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Other, Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4740
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Canal
  • Exterior Features: East Of Us1, Open Balcony, Other
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 2228 Park Avenue
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Amenities: Elevator(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-27-035-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 36451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Feb 6, 2019
Sold by
2228 Park Avenue Llc
Bought by
Simpark Llc
Seller's Agent
Dan Blakeman
Quadra Real Estate + Advisory, LLC
Buyer's Agent
Roy Faith
FIP Realty Services, LLC
List Price
$3,100,000
Sold Price
$5,250,000
Premium/Discount to List
$2,150,000
69.35%
Current Estimated Value
$3,898,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,351,778
Avg. Annual Appreciation
-4.33%

Purchase Details

Closed on
Feb 3, 2005
Sold by
Rubinson Mitchell and Rubinson Edda
Bought by
2228 Park Avenue Llc
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
Simpark Llc $2,625,000 Attorney
2228 Park Avenue Llc -- Attorney
Rubinson Mitchell -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $5,250,000 +69.4% $1,108 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
09/15/2018 09/15/18 For Sale $3,100,000 0.0% $654 / Sq Ft
05/09/2016 05/09/16 Rented $14,000 -6.7% --
01/27/2016 01/27/16 For Rent $15,000 -- --
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 $45,891 $2,590,624 -- --
2024 $43,543 $2,361,726 -- --
2023 $43,543 $2,147,024 $0 $0
2022 $40,883 $1,951,840 $0 $0
2021 $34,260 $1,774,400 $0 $0
2020 $34,352 $1,774,400 $0 $0
2019 $32,747 $1,689,860 $0 $0
2018 $31,776 $1,689,860 $0 $0
2017 $32,180 $1,689,860 $0 $0
2016 $32,825 $1,689,860 $0 $0
2015 $31,721 $1,545,690 $0 $0
2014 $30,819 $1,405,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10555075

MIAMI REALTORS® MLS

APN: 02-3227-035-0020