$850,000
SOLD MAR 12, 2025
2 Beds
2 Baths
1,198 Sq Ft
$1,359/mo HOA Fee

Recently Sold

$710 Per Sq Ft

3% Below List Price

60 Days on Market

Highlights

  • Valet Parking
  • Deck
  • Billiard Room
  • Ocean Front
  • Furnished
  • 3-minute walk to Keating Park

About This Home

As of March 2025

Experience this spectacular modern, completely remodeled 2 BD residence, offering direct ocean views. Enjoy large wraparound balcony where you can soak in the breathtaking ocean scenery. Hurricane-proof windows will provide peace of mind. Open-concept kitchen features a Calacatta island and high-end appliances, perfect for entertaining or enjoying a quiet meal with the ocean as your backdrop. Spacious walk-in closets offer ample storage space. The Wave- one of the finest buildings on the beach offers Resort-style pool deck featuring lush palm trees, soothing fountains, a Jacuzzi, Gym overlooking the ocean. Complimentary beach services. Great for investors or those seeking a vacation home. Rent up to 4 times per year. Pet-friendly building. Perfect location!

Last Agent to Sell the Property

Svetlana Perez

LP Global Realty, LLC License #3227438 Listed on: 01/06/2025

Co-Listed By

Ricardo Perez

LP Global Realty, LLC License #3228475

Last Buyer's Agent

Dmitry Viner

Keller Williams Elite Properties License #3153635

Keller Williams Elite Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,930

Year Built

  • Built in 2004

HOA Fees

  • $1,359 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Interior Spaces

  • 1,198 Sq Ft Home
  • Furnished
  • Furniture for Sale
  • Built-In Features
  • Blinds
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Additional Features

  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514224AL3720

Community Details

Overview

  • 550 Units
  • High-Rise Condominium
  • The Wave Condominium Condos
  • Wave Condo Subdivision
  • Property has 1 Level

Amenities

  • Valet Parking
  • Billiard Room
  • Business Center
  • Laundry Facilities
  • Secure Lobby
  • Bike Room

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Secure Elevator
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,930

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,359 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: LPGL01
  • Co List Office Phone: 305-804-6242
  • Directions: google map
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WAVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furniture For Sale, Furnished
  • Living Area: 1198
  • Possible Use: Secondary
  • Stories: 17
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Other

Exterior Features

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

Garage/Parking

  • Park Building Name: The Wave Condominium
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, None
  • Heating Yn: No
  • Security: Complex Fenced, Elevator Secure, Secured Garage/Parking, Lobby Secured, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 1359
  • Amenities: Bike Storage, Billiard Room, Business Center, Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514224AL3720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 550

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Mar 10, 2025
Sold by
Cohen Mitchell and Cohen Lisa
Bought by
Wfl21 Llc
Seller's Agent
Svetlana Perez
LP Global Realty, LLC
Buyer's Agent
Dmitry Viner
Keller Williams Elite Properties
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.60%
Original Mortgage
$567,000
Outstanding Balance
$566,525
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$262,834

Purchase Details

Closed on
Aug 20, 2004
Sold by
2501 Ocean Lp
Bought by
Cohen Mitchell and Cohen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,255
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $850,000 Southeastern Title
Special Warranty Deed $487,300 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $567,000 New Conventional
Previous Owner $487,255 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Rent $5,450 0.0% --
03/12/2025 03/12/25 Sold $850,000 -1.7% $710 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/04/2025 02/04/25 Price Changed $865,000 -1.6% $722 / Sq Ft
01/06/2025 01/06/25 For Sale $879,000 -- $734 / 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
2025 $15,081 $690,410 $69,040 $621,370
2024 $13,930 $747,510 -- --
2023 $13,930 $617,790 $0 $0
2022 $12,189 $561,630 $0 $0
2021 $10,992 $510,580 $51,060 $459,520
2020 $10,742 $497,460 $49,750 $447,710
2019 $10,596 $496,670 $49,670 $447,000
2018 $9,622 $482,190 $48,220 $433,970
2017 $8,753 $394,860 $0 $0
2016 $8,358 $358,970 $0 $0
2015 $7,874 $338,360 $0 $0
2014 $7,411 $307,600 $0 $0
2013 -- $317,640 $31,760 $285,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11718352

MIAMI REALTORS® MLS

APN: 51-42-24-AL-3720