NOT LISTED FOR SALE

Estimated Value: $2,611,000 - $3,356,000

2 Beds
2.5 Baths
1,960 Sq Ft
1996 Built

Sale Details

Date Sold: October 7, 2022

Last sale price $2,850,000 $1,454 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $22,206 / mo

150 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • Fitness Center
  • South Pointe Elementary School Rated 9+
  • Property Fronts a Bay or Harbor
  • 3-minute walk to South Pointe Park

About This Home

As of October 2022

Beautiful Ocean, Bay, Fisher Island and downtown views from this high floor, two bedroom in South Beach. Offering a great layout and flow, with all usable space. Marble floors throughout living areas and wood floors in the bedrooms. Enjoy sunrise and sunset views from two large balconies with privacy wall. Portofino Tower is located in the South of Fifth area. South of Fifth is a luxury neighborhood in South Beach offering ultra-high-end condominiums, top rated restaurants, beautiful beaches, the Miami Beach Marina and South Pointe Park.

Last Agent to Sell the Property

Lisette Vigoa

Brown Harris Stevens License #0684898 Listed on: 05/09/2022

Last Buyer's Agent

Stacey Margulies

License #3378652

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,449

Year Built

  • Built in 1996 | Newly Remodeled

HOA Fees

  • $2,287 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Entry on the 37th floor
  • Piling Construction

Interior Spaces

  • 1,960 Sq Ft Home
  • Marble Flooring
  • Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-013-0650

Community Details

Overview

  • High-Rise Community
  • Portofino Tower Condo
  • Portofino Tower Condo Subdivision
  • Car Wash Area
  • 44-Story Property

Amenities

  • Valet Parking
  • Trash Chute

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,449

Year Built

Built in 1996 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$2,287 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 37
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1960
  • Possible Use: Unknown/Withheld
  • Stories: 44
  • Bedroom Features: Other
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: Piling Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Piling Construction, New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2287
  • Amenities: Exercise Room, Child Play Area, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-10-013-0650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 34449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Oct 6, 2022
Sold by
Key Pointe Trading Inc
Bought by
S & N Atlantic Llc
Seller's Agent
Lisette Vigoa
Brown Harris Stevens
Buyer's Agent
Stacey Margulies
List Price
$3,075,000
Sold Price
$2,850,000
Premium/Discount to List
-$225,000
-7.32%
Views
5
Current Estimated Value
$2,926,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,370
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Jan 6, 2010
Sold by
Goldberg Michael I
Bought by
Key Pointe Trading Inc

Purchase Details

Closed on
Apr 27, 2000
Sold by
Jaurequi Wilmer
Bought by
Lidbeck Ltd

Purchase Details

Closed on
Feb 18, 1997
Sold by
Marquesa Development Ltd
Bought by
Jaurequi Wilmer
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
S & N Atlantic Llc $2,850,000 --
S & N Atlantic Llc $2,850,000 None Listed On Document
Key Pointe Trading Inc $1,150,000 Attorney
Lidbeck Ltd $800,000 --
Jaurequi Wilmer $487,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $2,850,000 -4.7% $1,454 / Sq Ft
07/20/2022 07/20/22 Price Changed $2,990,000 -2.8% $1,526 / Sq Ft
05/09/2022 05/09/22 For Sale $3,075,000 0.0% $1,569 / Sq Ft
12/19/2016 12/19/16 Rented $11,000 -8.3% --
12/17/2016 12/17/16 Under Contract -- -- --
05/09/2016 05/09/16 For Rent $12,000 0.0% --
12/20/2015 12/20/15 Rented $12,000 -14.3% --
11/20/2015 11/20/15 Under Contract -- -- --
09/22/2015 09/22/15 For Rent $14,000 -- --
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 $48,980 $2,397,248 -- --
2024 $43,391 $2,525,835 -- --
2023 $43,391 $2,296,214 $0 $0
2022 $35,954 $1,913,512 $0 $0
2021 $34,449 $1,784,160 $0 $0
2020 $31,982 $1,652,000 $0 $0
2019 $32,009 $1,651,790 $0 $0
2018 $33,121 $1,832,094 $0 $0
2017 $32,650 $1,565,356 $0 $0
2016 $31,237 $1,423,051 $0 $0
2015 $29,659 $1,293,683 $0 $0
2014 $27,731 $1,176,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11200225

MIAMI REALTORS® MLS

APN: 02-4210-013-0650

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