$1,336,000
$314K PRICE DROP

Estimated payment $10,976/month

Total Views 4,342
2 Beds
2 Baths
1,484 Sq Ft
$900 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Furnished
  • South Pointe Elementary School Rated A-
  • Garden View
  • 4-minute walk to Washington Dog Park & Annex

About This Home

Location location location!! This uniquely customized 2-bedroom, 2-bath residence is located in the prestigious Portofino Tower, nestled in Miami Beach’s exclusive South of Fifth neighborhood. Offering nearly 1,500 sq ft of open living space, features a thoughtfully designed layout. Portofino Tower delivers an exceptional waterfront lifestyle just moments from South Pointe Park, the marina, and world-class dining, including the renowned Joe’s Stone Crab. Residents enjoy access to premium amenities such as 24-hour security and concierge, tennis courts, a state-of-the-art fitness center, a full-service spa, and a newly renovated pool deck. A rare opportunity in one of South Beach’s most sought-after buildings.

Listing Agent

Joyce Gato

Douglas Elliman License #0568186 Listed on: 04/25/2025

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,845

Year Built

  • Built in 1996

HOA Fees

  • $2,683 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,484 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • Unrestricted saltwater access
  • Property fronts an intracoastal waterway
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-013-0360

Community Details

Overview

  • 206 Units
  • High-Rise Condominium
  • Portofino Tower Condo
  • Portofino Tower Condo Subdivision
  • 44-Story Property

Amenities

  • Billiard Room
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,845

Year Built

Built in 1996

Lot Details

0

HOA Fees

$2,683 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • 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
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Entrance Foyer, Den/Library/Office
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1484
  • Stories: 44
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: East Of Us1, None
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: PORTOFINO TOWER CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Elevator Secure, Card Entry, Secured Garage/Parking, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2683
  • Amenities: Billiard Room, Child Play Area, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-10-013-0360

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 206
  • Number Of Units Total: 206

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14845

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,845 $855,334 -- --
2024 $14,473 $831,229 -- --
2023 $14,473 $807,019 $0 $0
2022 $14,108 $792,070 $0 $0
2021 $14,058 $769,000 $0 $0
2020 $14,888 $769,000 $0 $0
2019 $6,758 $389,500 $0 $0
2018 $6,416 $382,238 $0 $0
2017 $6,352 $374,377 $0 $0
2016 $6,334 $366,677 $0 $0
2015 $6,414 $364,129 $0 $0
2014 $6,523 $361,240 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $1,336,000 -19.0% $900 / Sq Ft
04/25/2025 04/25/25 For Sale $1,650,000 -- $1,112 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $680,000 Attorney
Warranty Deed $282,000 --
Deed $243,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $212,500 New Conventional
Previous Owner $225,600 New Conventional
Previous Owner $122,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11790012

MIAMI REALTORS® MLS

APN: 02-4210-013-0360