$3,550,000
SOLD OCT 15, 2025
3 Beds
2.5 Baths
2,340 Sq Ft
1996 Built

Sale Details

Date Sold: October 15, 2025

$1,517 Per Sq Ft

4% Below List Price

103 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • South Pointe Elementary School Rated 9+
  • Property fronts an intracoastal waterway
  • 3-minute walk to South Pointe Park

About This Home

As of October 2025

Elevate your lifestyle in this fully renovated 3-bed, 3-bath corner residence in South of Fifth—Miami Beach’s most exclusive neighborhood. This light-filled home offers panoramic views of the ocean, bay, and skyline from every room. Featuring a spacious open layout, sleek modern finishes, and floor-to-ceiling windows, it’s designed for both style and comfort. Located just steps from the beach, world-class dining, and the marina. Enjoy five-star amenities, including a pool, gym, valet, and 24-hour security. The ultimate in South Beach luxury living.

Last Agent to Sell the Property

Marco Tine

Serhant License #3335945 Listed on: 05/20/2025

Serhant

Last Buyer's Agent

Brett Eaglstein

Compass Florida, LLC License #3350131

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,405

Year Built

  • Built in 1996

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $4,259 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Property Views

Home Design

  • Entry on the 20th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony

Schools

  • South Pointe Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-013-1570

Community Details

Overview

  • High-Rise Community
  • Portofino Tower Condos
  • Portofino Tower Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 42-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Security Service
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,405

Year Built

Built in 1996

Lot Details

0 Sq Ft Lot

HOA Fees

$4,259 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 20
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PORTOFINO TOWER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 3550000
  • InternetRemarks: Elevate your lifestyle in this fully renovated 3-bed, 3-bath corner residence in South of Fifth
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Laundry Tub, No Interior Features, Split Bedroom, Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2340
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 42
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Portofino Tower
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Guest, Valet, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Alarm, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured, Other, Private Guards, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 4259
  • Amenities: Bike Storage, Billiard Room, Business Center, Child Play Area, Community Room, Exercise Room, Storage, Pool, Private Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe

Lot Info

  • Parcel Number: 02-42-10-013-1570

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 45405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Oct 10, 2025
Sold by
Wendel Christopher and Wendel Hilary
Bought by
Justin C Waterman Revocable Trust and Waterman
Seller's Agent
Marco Tine
Serhant
Buyer's Agent
Brett Eaglstein
Compass Florida, LLC
List Price
$3,690,000
Sold Price
$3,550,000
Premium/Discount to List
-$140,000
-3.79%
Views
38
Current Estimated Value
$3,523,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,502
Avg. Annual Appreciation
-1.65%

Purchase Details

Closed on
Apr 14, 2022
Sold by
Hw Portofino Llc
Bought by
Wendel Christopher and Wendel Hilary

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 9, 2021
Sold by
Malik Vinod K and Vinod K Malik Revocable Trust
Bought by
Hw Portofino Llc
Seller's Agent
Lisa Van Wagenen
Brown Harris Stevens
Buyer's Agent
Seth Feuer
Compass Florida, LLC
List Price
$3,500,000
Sold Price
$3,325,000
Premium/Discount to List
-$175,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%

Purchase Details

Listed on
Jan 25, 2017
Closed on
Jun 19, 2017
Sold by
International Varon Corp
Bought by
Malik Vinod K
Seller's Agent
Yael Weizman
The Keyes Company
Buyer's Agent
Lisa Van Wagenen
Brown Harris Stevens
List Price
$2,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$550,000
-18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Marquesa Development Ltd
Bought by
International Varon Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $3,550,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $3,325,000 Attorney
Warranty Deed $2,400,000 Attorney
Deed $463,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2025 10/15/25 Sold $3,550,000 -3.4% $1,517 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
08/04/2025 08/04/25 Price Changed $3,675,000 -0.4% $1,571 / Sq Ft
05/23/2025 05/23/25 For Sale $3,690,000 +11.0% $1,577 / Sq Ft
07/13/2021 07/13/21 Sold $3,325,000 -5.0% $1,421 / Sq Ft View Prior Sale
06/13/2018 06/13/18 For Sale $3,500,000 +45.8% $1,496 / Sq Ft
06/19/2017 06/19/17 Sold $2,400,000 -11.1% $1,026 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
04/04/2017 04/04/17 Price Changed $2,700,000 -8.5% $1,154 / Sq Ft
01/25/2017 01/25/17 For Sale $2,950,000 -- $1,261 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $45,405 $2,490,912 -- --
2024 $44,309 $2,457,508 -- --
2023 $44,309 $2,385,931 $0 $0
2022 $37,358 $1,988,276 $0 $0
2021 $35,795 $1,853,870 $0 $0
2020 $35,890 $1,853,870 $0 $0
2019 $39,327 $2,083,200 $0 $0
2018 $34,155 $1,816,328 $0 $0
2017 $42,468 $1,767,442 $0 $0
2016 $41,611 $1,606,766 $0 $0
2015 $39,767 $1,460,697 $0 $0
2014 $31,717 $1,327,907 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11805394

MIAMI REALTORS® MLS

APN: 02-4210-013-1570

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