NOT LISTED FOR SALE

Estimated Value: $361,507 - $492,000

1 Bed
1.5 Baths
835 Sq Ft
1968 Built

Highlights

  • Ocean Front
  • Fitness Center
  • Above Ground Pool
  • Full Time Lobby Attendant
  • Intracoastal View
  • 2-minute walk to Keating Park

About This Home

As of May 2024

Gorgeous penthouse View of the sunset bay. 1 bedroom 1.5 bathrooms. Apartment has new Stove, New Air Conditioning, Impact windows and balcony doors. Landlord has total appliances contract. The Wave building has Great amenities: Newly remodeled Resort style pool deck with lash palm trees, fountains, Jacuzzi and GYM overlooking the ocean and complimentary Beach services. Ideally located on the beach within minutes from South Florida's finest shopping and dining, airports, Hollywood boardwalk Year lease. Owner will be open to the 6 month lease min at $3500.00

Last Agent to Rent the Property

dmytro iurchenk

Grand State Realty License #3262427 Listed on: 03/15/2024

Last Renter's Agent

Yulia Batsman

LP Global Realty, LLC License #3427365

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,310

Year Built

  • Built in 1968

Lot Details

  • Ocean Front
  • Home fronts a canal
  • West Facing Home

Parking

  • 1 Car Garage

Property Views

Interior Spaces

  • 835 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Tile Flooring
  • Door Monitored By TV
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Above Ground Pool
  • Property has ocean access

Listing and Financial Details

  • Property Available on 5/1/24
  • Assessor Parcel Number 514224AL5420

Community Details

Overview

  • No Home Owners Association
  • Wave Condo
  • Wave Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 16-Story Property

Amenities

  • Full Time Lobby Attendant
  • Laundry Facilities

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Impact Glass

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,310

Year Built

Built in 1968

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-05-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Building Stories: 16
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: WAVE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 16

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Elevator, Entrance Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 835
  • Stories: 16
  • Window Features: Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Canal, Intracoastal View
  • Direction Faces: West
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: WAVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers

Utilities

  • Security: Key Card Entry, Lobby Attended, TV Monitor

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Exercise Room, Laundry Facility
  • Association: No

Lot Info

  • Parcel Number: 514224AL5420
  • Land Lease Amount Frequency: Annually
  • Zoning: RM-25
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2010
Sold by
Malmros Ralph and Malmros Mena
Bought by
Foss Ilja and Foss Bella
Current Estimated Value
$421,377

Purchase Details

Closed on
Mar 8, 2005
Sold by
Patten Virginia and Patten Timothy
Bought by
Malmros Ralph and Malmros Mena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,085
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
2501 Ocean Lp
Bought by
Patten Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,085
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
2501 Ocean Lp
Bought by
Patten Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,960
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Foss Ilja $170,000 Countrywide Title & Solution
Malmros Ralph $324,900 --
Patten Virginia -- --
Patten Virginia $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malmros Ralph $292,085
Previous Owner Patten Virginia $211,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Rented $2,575 -1.0% --
05/12/2024 05/12/24 Under Contract -- -- --
04/29/2024 04/29/24 Price Changed $2,600 -3.3% $3 / Sq Ft
03/31/2024 03/31/24 Price Changed $2,690 -3.1% $3 / Sq Ft
03/15/2024 03/15/24 For Rent $2,775 +6.7% --
06/16/2022 06/16/22 Rented $2,600 -3.7% --
05/13/2022 05/13/22 Under Contract -- -- --
05/05/2022 05/05/22 Price Changed $2,700 -3.1% $3 / Sq Ft
05/03/2022 05/03/22 For Rent $2,785 +32.6% --
05/30/2021 05/30/21 Rented $2,100 0.0% --
05/19/2021 05/19/21 Under Contract -- -- --
04/16/2021 04/16/21 Price Changed $2,100 -4.5% $3 / Sq Ft
04/02/2021 04/02/21 For Rent $2,200 +22.2% --
06/01/2019 06/01/19 Rented $1,800 -2.7% --
05/29/2019 05/29/19 Under Contract -- -- --
05/22/2019 05/22/19 For Rent $1,850 0.0% --
05/15/2019 05/15/19 Under Contract -- -- --
05/06/2019 05/06/19 Price Changed $1,850 -2.6% $2 / Sq Ft
08/06/2018 08/06/18 Price Changed $1,900 -9.5% $2 / Sq Ft
07/20/2018 07/20/18 Price Changed $2,100 -4.5% $2 / Sq Ft
07/17/2018 07/17/18 For Rent $2,200 +22.2% --
01/04/2016 01/04/16 Rented $1,800 +9.1% --
12/24/2015 12/24/15 Under Contract -- -- --
02/26/2013 02/26/13 For Rent $1,650 +3.1% --
08/13/2012 08/13/12 Rented $1,600 +0.1% --
08/13/2012 08/13/12 For Rent $1,599 -- --
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 $7,310 $352,880 -- --
2024 $6,751 $352,880 -- --
2023 $6,751 $291,640 $0 $0
2022 $5,924 $265,130 $0 $0
2021 $5,358 $241,030 $24,100 $216,930
2020 $5,232 $234,830 $23,480 $211,350
2019 $5,297 $234,470 $23,450 $211,020
2018 $5,031 $227,620 $22,760 $204,860
2017 $5,152 $235,230 $0 $0
2016 $5,147 $230,180 $0 $0
2015 $5,700 $242,180 $0 $0
2014 $5,364 $220,170 $0 $0
2013 -- $216,010 $21,610 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11551468

MIAMI REALTORS® MLS

APN: 51-42-24-AL-5420