NOT LISTED FOR SALE

240 Ari Way Miami Beach, FL 33141

Allison Island Neighborhood

Estimated Value: $5,415,001 - $5,800,000

4 Beds
5.5 Baths
5,341 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $3,850,100 $721 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $35,119/month

15 Days on Market

Highlights

  • Fitness Center
  • Home fronts a canal
  • Community Pool
  • North Beach Elementary School Rated A-
  • Wood Flooring
  • Den

About This Home

As of February 2021

Enter this meticulously renovated, rarely available 5BD/5+1BA waterfront AQUA townhome. Enjoy full water views in a living room with 20ft soaring ceilings & stunning floor-to-ceiling windows. Fully equipped kitchen w/ impeccable wood & marble finishes, natural light and cozy breakfast nook. Exquisite finishes & bleached oak flooring throughout. Private master bedroom w/ enormous closets and spa bathroom w/teak & natural stone finishes, dual sinks, & soaking tub within a glass encased shower. A custom white oak clad movie room, gym, wet bar, & and five oversized rooftop decks with views of the Miami skyline as well as Lutron lighting throughout, Control 4, Nest thermostat and August locks complete this spectacular home.

Last Agent to Sell the Property

Daniel Hertzberg

Coldwell Banker Realty License #3212309 Listed on: 01/05/2021

Coldwell Banker Realty

Co-Listed By

Hillary Hertzberg

Coldwell Banker Realty License #3251628

Last Buyer's Agent

Tamara Feola

Avanti Way Realty LLC License #3479723

Avanti Way Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $39,905

Year Built

  • Built in 2005

Lot Details

  • 4,879

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 5,341 Sq Ft Home
  • 4-Story Property
  • Skylights
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Porch
  • Home fronts a canal
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-074-0100

Community Details

Overview

  • Aqua At Allison Island Condos
  • Aqua At Allison Island Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,719

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$39,905

Year Built

Built in 2005

Lot Details

0

HOA Fees

$427 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: AQUA AT ALLISON ISLAND
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Pantry, Skylight, Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 5341
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Skylight
  • Bedroom Features: Master Bedroom Upstairs, Other
  • Dining Room Features: Breakfast Area, Kitchen Dining
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Canal, Water View
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Aqua At Allison Island
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 427
  • Amenities: Exercise Room, Exterior Lighting, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-11-074-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 39905

Multi Family

  • Maintenance Expense: 2719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 16, 2021
Sold by
Greer Matthew S and Levey Kelsey
Bought by
Weil Bruce and Weil Leslie
Seller's Agent
Daniel Hertzberg
Coldwell Banker Realty
Buyer's Agent
Tamara Feola
Avanti Way Realty LLC
List Price
$3,990,000
Sold Price
$3,850,100
Premium/Discount to List
-$139,900
-3.51%
Total Days on Market
15
Current Estimated Value
$5,536,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,685,900
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Jan 28, 2016
Sold by
Msb Prop Llc
Bought by
Greer Matthew S

Purchase Details

Closed on
Jun 20, 2005
Sold by
63Rd Street Associates Ltd
Bought by
Msb Properties Llc
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
Weil Bruce $3,850,100 Sunbelt Title Agency
Greer Matthew S $2,450,000 --
Msb Properties Llc $2,925,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $3,850,100 -3.5% $721 / Sq Ft
12/31/2020 12/31/20 For Sale $3,990,000 -- $747 / 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 $44,806 $2,484,627 -- --
2023 $44,806 $2,412,260 $0 $0
2022 $43,230 $2,342,000 $0 $0
2021 $40,365 $2,131,484 $0 $0
2020 $39,905 $2,102,056 $0 $0
2019 $39,029 $2,054,796 $0 $0
2018 $37,146 $2,016,483 $0 $0
2017 $36,974 $1,982,403 $0 $0
2016 $37,550 $1,822,191 $0 $0
2015 $35,331 $1,656,538 $0 $0
2014 $32,972 $1,505,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Hertzberg

    Seller's Agent in 2021

    Daniel Hertzberg

    Coldwell Banker Realty

    (305) 341-7489

    4 in this area

    144 Total Sales

    Daniel Hertzberg
    Section Image
  • Hillary Hertzberg

    Seller Co-Listing Agent in 2021

    Hillary Hertzberg

    Coldwell Banker Realty

    (305) 341-7489

    3 in this area

    67 Total Sales

    Hillary Hertzberg
    Section Image
  • Tamara Feola

    Buyer's Agent in 2021

    Tamara Feola

    Avanti Way Realty LLC

    (305) 458-9409

    1 in this area

    3 Total Sales

    Tamara Feola
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10976906

MIAMI REALTORS® MLS

APN: 02-3211-074-0100

Florida Miami/Dade County Miami Beach 33140 Allison Island

240 Ari Way, Miami Beach, FL

This home is located at 240 Ari Way, Miami Beach, FL 33141 since 05 January 2021 and is currently estimated at $5,536,000, approximately $1,036 per square foot. This property was built in 2005. 240 Ari Way is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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