NOT LISTED FOR SALE

Estimated Value: $1,069,145 - $1,692,000

1 Bed
1.5 Baths
1,090 Sq Ft
1996 Built

Last Sold September 27, 2018

Last sale price $980,000 $899 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,197/month

393 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • 2-minute walk to South Pointe Park

About This Home

As of September 2018

SPECTACULAR "02" LINE IN THE PORTOFINO TOWER WITH GLORIOUS EYE-CATCHING VIEWS OF THE OCEAN, CITY, PALM TREES FROM THE PARK, FISHER ISLAND, BAY AND GOVERNMENT CUT FROM LIVING AREAS, KITCHEN AND BEDROOM. KITCHEN FEATURES GRANITE COUNTERTOPS, ITALIAN CABINETS, MARBLE FLOORS, PORTOFINO IS A FULL SERVICE LUXURY BUILDING WHICH INCLUDES: 24-HOUR SECURITY, VALET, CONCIERGE, AMAZING SPA AND FITNESS CENTER, COMMUNITY ROOMS, POOL, TENNIS COURTS AND A GREAT LOCATION...

Last Agent to Sell the Property

Max Ramos

South Pointe Properties Group License #0678776 Listed on: 08/15/2017

Last Buyer's Agent

Corrado Colini

Douglas Elliman License #0655557

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,266

Year Built

  • Built in 1996

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,090 Sq Ft Home
  • Furnished

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Outdoor Grill
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-013-0400

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Portofino Towers Condos
  • 44-Story Property

Amenities

  • Doorman
  • Secure Lobby

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Dogs Allowed

Building Details

  • Maintenance Expense $1,084

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,266

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Directions: mapquest
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Marble
  • Furnished: Furnished
  • Living Area: 1090
  • Possible Use: Unknown/Withheld
  • Stories: 44
  • Bedroom Features: Other

Exterior Features

  • View: Intracoastal View, Ocean View
  • Exterior Features: Other, Barbeque
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Portofino towers
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Amenities: Elevator(s), Exercise Room, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-10-013-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1084

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 12266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 27, 2018
Sold by
Sosko Property Llc
Bought by
Maggioni Andrea and Gallarello Francesca
Seller's Agent
Max Ramos
South Pointe Properties Group
Buyer's Agent
Corrado Colini
Douglas Elliman
List Price
$1,249,000
Sold Price
$980,000
Premium/Discount to List
-$269,000
-21.54%
Current Estimated Value
$1,349,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,786
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
May 20, 2011
Sold by
Marakovits Daniel E and Marakovits Kathy L
Bought by
Sosko Property Llc

Purchase Details

Closed on
Jan 21, 2004
Sold by
Rios Jorge
Bought by
Marakovits Daniel E and Marakovits Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2002
Sold by
Jose A Frias I
Bought by
Rios Jorge

Purchase Details

Closed on
Dec 6, 1996
Sold by
Marquesa Development Ltd
Bought by
Frias Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
7.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Maggioni Andrea $980,000 Attorney
Sosko Property Llc $655,000 Attorney
Marakovits Daniel E $420,000 South Florida Title Group In
Rios Jorge $410,000 --
Frias Jose A $168,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maggioni Andrea $690,000
Previous Owner Marakovits Daniel E $336,000
Previous Owner Frias Jose A $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $980,000 -6.6% $899 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
10/12/2017 10/12/17 Price Changed $1,049,000 -16.0% $962 / Sq Ft
08/14/2017 08/14/17 For Sale $1,249,000 -- $1,146 / 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 $8,918 $530,756 -- --
2024 $8,686 $515,798 -- --
2023 $8,686 $500,775 $0 $0
2022 $8,360 $486,190 $0 $0
2021 $8,324 $472,030 $0 $0
2020 $8,222 $465,513 $0 $0
2019 $8,028 $455,047 $0 $0
2018 $11,592 $616,443 $0 $0
2017 $12,931 $664,272 $0 $0
2016 $12,266 $607,534 $0 $0
2015 $11,603 $552,304 $0 $0
2014 $11,293 $502,095 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10328139

MIAMI REALTORS® MLS

APN: 02-4210-013-0400