NOT LISTED FOR SALE

Estimated Value: $314,000 - $449,000

1 Bed
1 Bath
738 Sq Ft
2005 Built

Last Sold April 24, 2019

Last sale price $225,000 $305 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,184/month

32 Days on Market

Highlights

  • Bar or Lounge
  • 1-minute walk to College/Bayside
  • Newly Remodeled
  • Fitness Center
  • Intercom to Front Desk
  • Bay View

About This Home

As of April 2019

Location is key with this condo! It's centrally located in the heart of downtown Miami. The metromover is right accross the building's front door, You are steps from Bayside, American Airlines Arena, Bayfront Park Amphitheatre, court buildings, port of Miami, museums, Theaters, culinary school, Miami Dade College and blocks from the Brightline train that will soon be taking passengers to Orlando in record time! This condo is perfect for anyone that loves to be in the heart of the city!

The interior has gorgeous Brazilian tiger wide plank hardwood floors, 12 foot high ceilings, open concept living, balcony with unobstructed views of the water, Bayside and the arena. European style kitchen and custom closet cabinetry. The amenities here are endless from Sauna to gym, this condo has it!

Last Agent to Sell the Property

Juliane Sharir

The Keyes Company License #3426199 Listed on: 02/21/2019

The Keyes Company

Last Buyer's Agent

Jenny Gonzalez

Engel & Völkers Miami License #0645495

Engel & Völkers Miami

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • Privacy Fence

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Penthouse
  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 738 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • Studio bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Incentives
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-051-1300

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • The Loft Downtown Condo
  • The Loft Downtown Condo,The Loft Downtown Co Subdivision
  • 24-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Recreation Room
  • Bar or Lounge
  • Intercom to Front Desk
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $511

Security

  • Card or Code Access
  • Complex Is Fenced
  • Complete Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,619

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Directions: Google Maps, Waze, Maps
  • Entry Level: 23
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE LOFT DOWNTOWN CONDO,THE LOFT DOWNTOWN CO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Volume Ceilings, Great Room, Studio Apartment
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance, Level
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 738
  • Other Equipment: TV Antenna
  • Possible Use: Primary
  • Stories: 24
  • Window Features: Complete Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom, Other, Studio
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Great Room, Studio Apartment
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE LOFT DOWNTOWN CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Covered, Fee Simple Garage, Space Rented, On Street, Limited # Of Vehicle

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Complex Fenced, Card Entry, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bar, Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Hobby Room, Kitchen Facilities, Exterior Lighting, Pool, Private Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-051-1300
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Incentives, Thermostat, Windows

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 511

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 24, 2019
Sold by
Raimondo Nicholas Di
Bought by
Vayas Ordonez Jose Maria and Betancourt Maria Elisa
Seller's Agent
Juliane Sharir
The Keyes Company
Buyer's Agent
Jenny Gonzalez
Engel & Völkers Miami
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Total Days on Market
32
Current Estimated Value
$367,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,960
Avg. Annual Appreciation
8.37%
Original Mortgage
$187,500
Outstanding Balance
$165,900
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$201,707

Purchase Details

Closed on
Jan 18, 2006
Sold by
Ortiz Berrios Juan
Bought by
Diraimondo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Vayas Ordonez Jose Maria $225,000 Nationwide Title Group Llc
Diraimondo Nicholas $295,000 Attorney
Berrios Juan Ortiz $205,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vayas Ordonez Jose Maria $187,500
Previous Owner Diraimondo Nicholas $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $225,000 -4.3% $305 / Sq Ft
02/21/2019 02/21/19 For Sale $235,000 -- $318 / 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
2024 $2,773 $179,129 -- --
2023 $2,773 $173,912 $0 $0
2022 $2,670 $168,847 $0 $0
2021 $2,649 $163,930 $0 $0
2020 $3,568 $163,930 $0 $0
2019 $3,576 $163,930 $0 $0
2018 $3,619 $169,000 $0 $0
2017 $3,730 $172,246 $0 $0
2016 $4,267 $191,384 $0 $0
2015 $4,138 $182,270 $0 $0
2014 $3,837 $165,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10621328

MIAMI REALTORS® MLS

APN: 01-4137-051-1300