NOT LISTED FOR SALE

2642 Collins Ave Unit 504 Miami Beach, FL 33140

Miami Beach Boardwalk Neighborhood

Estimated Value: $468,634 - $589,000

2 Beds
2 Baths
1,020 Sq Ft
$451/mo HOA Fee

Last Sold April 17, 2023

Last sale price $495,000 $485 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,716/month

37 Days on Market

Highlights

  • Penthouse
  • Skyline View
  • Furnished
  • North Beach Elementary School Rated A-
  • Two Primary Bathrooms
  • Balcony

About This Home

As of April 2023

Amazing Miami Beach location, one block from the beach. Fully furnished. Spacious 2 bed / 2 bath
unit on 5th floor (Highest Floor). Boutique Building with only 48 units. Washer/Dryer inside unit. Bright sunlit facing north Split Plan model. Tile floors, Walk-In closet, Eat-In kitchen, granite counters, SS appliances. 1 assigned covered pkg. space inside gated building. Balcony overlooking north and Collins Ave. Lots of closet space. Partial view to the ocean. Enjoy the beach, the boardwalk, Mid-Beach and The Faena District all within a few minutes, surrounded by luxury hotels, restaurants & shops. Secure private gated property. No Dogs allowed in the building (except service animals). Enjoy Beach Lifestyle.

Last Agent to Sell the Property

Hugo Barragan

Real Broker LLC License #3239763 Listed on: 03/10/2023

Real Broker LLC

Last Buyer's Agent

Scott Diffenderfer

Compass Florida, LLC License #3094274

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 1998

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Penthouse
  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Skyline Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • No Heating
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-046-0160

Community Details

Overview

  • 48 Units
  • Capomar Condo
  • Capomar Condo Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Lobby
  • Interior Hall
  • Elevator

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Complex Is Fenced
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,117

Year Built

Built in 1998

Lot Details

0

HOA Fees

$451 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CAPOMAR CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 1020
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CAPOMAR CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 451
  • Amenities: Elevator(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-046-0160
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4117

Multi Family

  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 17, 2023
Sold by
Leiter Kenneth
Bought by
Mastroguiseppe Amy and Salas Walter Sanchez
Seller's Agent
Hugo Barragan
Real Broker LLC
Buyer's Agent
Scott Diffenderfer
Compass Florida, LLC
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Views
77
Current Estimated Value
$521,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,659
Avg. Annual Appreciation
2.09%
Original Mortgage
$363,750
Outstanding Balance
$353,641
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$168,018

Purchase Details

Listed on
Aug 10, 2017
Closed on
Oct 17, 2017
Sold by
Concepcion Jose
Bought by
Leiter Kenneth
Seller's Agent
Juan Sotolongo
Compass Florida, LLC
Buyer's Agent
Hugo Barragan
Real Broker LLC
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Jul 21, 2009
Sold by
Verhees Anja M
Bought by
Rodriguez Ofelia

Purchase Details

Closed on
Mar 31, 2005
Sold by
Cruz Angel and Alvarez Zafram
Bought by
Verhees Anja M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 2002
Sold by
Luis D Mora I
Bought by
Cruz Angel and Alvarez Zafram

Purchase Details

Closed on
Nov 23, 1999
Sold by
Ocean Developers Corp
Bought by
Diaz Mora Luis
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
Mastroguiseppe Amy $495,000 None Listed On Document
Leiter Kenneth $300,000 Pinnacle Title Group Llc
Rodriguez Ofelia $230,000 Unity Title & Escrow Inc
Verhees Anja M $275,000 --
Cruz Angel $184,500 --
Diaz Mora Luis $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastroguiseppe Amy $363,750
Previous Owner Verhees Anja M $220,000
Closed Verhees Anja M $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2023 04/17/23 Sold $495,000 -1.0% $485 / Sq Ft
03/10/2023 03/10/23 For Sale $499,900 +66.6% $490 / Sq Ft
10/17/2017 10/17/17 Sold $300,000 -8.8% $294 / Sq Ft View Prior Sale
09/06/2017 09/06/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $329,000 -- $323 / 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 $6,410 $393,417 -- --
2024 $4,290 $382,330 -- --
2023 $4,290 $268,173 $0 $0
2022 $4,117 $260,363 $0 $0
2021 $4,091 $252,780 $0 $0
2020 $4,449 $229,800 $0 $0
2019 $4,639 $239,386 $0 $0
2018 $4,641 $246,790 $0 $0
2017 $4,947 $259,779 $0 $0
2016 $2,722 $181,225 $0 $0
2015 $2,755 $179,966 $0 $0
2014 $2,801 $178,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hugo Barragan

    Seller's Agent in 2023

    Hugo Barragan

    Real Broker LLC

    (305) 710-0911

    1 in this area

    25 Total Sales

    Hugo Barragan
    Section Image
  • Scott Diffenderfer

    Buyer's Agent in 2023

    Scott Diffenderfer

    Compass Florida, LLC

    (305) 458-3334

    1 in this area

    49 Total Sales

    Scott Diffenderfer
    Section Image
  • Juan Sotolongo

    Seller's Agent in 2017

    Juan Sotolongo

    Compass Florida, LLC

    (305) 645-1164

    14 Total Sales

    Juan Sotolongo
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11355008

MIAMI REALTORS® MLS

APN: 02-3226-046-0160

Florida Miami/Dade County Miami Beach 33140 Miami Beach Boardwalk

2642 Collins Ave Unit 504, Miami Beach, FL

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