NOT LISTED FOR SALE

Portofino Tower 300 S Pointe Dr Unit 903 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $2,169,000 - $3,369,000

3 Beds
2.5 Baths
2,340 Sq Ft
$3,385/mo HOA Fee

Last Sold January 12, 2024

Last sale price $2,700,000 $1,154 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $21,933/month

263 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Property fronts an intracoastal waterway
  • South Pointe Elementary School Rated A-
  • Property has ocean access
  • 4-minute walk to Washington Dog Park & Annex

About This Home

As of January 2024

Rare Find! Owner Financing Available! Step thru the double door entry into a magnificent foyer with views that will take your breath away. Highly sought after 03 Line, with stunning open views to Biscayne Bay, Ocean and City. Floor to ceiling windows fill the rooms with Florida sunshine by day and dramatic evening Sunsets at dusk. Watch the Cruise Ships go by, never ending entertainment! 2 balconies, 3 Bedrooms, 2 1/2 Baths in beautiful Portofino. Walk to everything Miami Beach has to offer.

Last Agent to Sell the Property

Ileana Salman

Paramount Realty Sales, LLC License #0524258 Listed on: 03/23/2023

Last Buyer's Agent

Stefano Santoro

Beachfront Realty Inc License #3196100

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,646

Year Built

  • Built in 1996

Lot Details

  • Property fronts an intracoastal waterway
  • End Unit

HOA Fees

  • $3,385 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • Entrance Foyer
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-013-0770

Community Details

Overview

  • High-Rise Condominium
  • Portofino Towers Condos
  • Portofino Tower Condo Subdivision
  • 44-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,646

Year Built

Built in 1996

Lot Details

0

HOA Fees

$3,385 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Split Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2340
  • Possible Use: Secondary
  • Stories: 44
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Intracoastal View, Ocean View, Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Portofino Towers
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3385
  • Amenities: Bike Storage, Barbecue, Community Room, Elevator(s), Exercise Room, Storage, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-10-013-0770
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 23646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jan 12, 2024
Sold by
Gomez-Cisneros Blanca
Bought by
Shinderman Marc and Shinderman Noa
Seller's Agent
Ileana Salman
Paramount Realty Sales, LLC
Buyer's Agent
Stefano Santoro
Beachfront Realty Inc
List Price
$3,299,000
Sold Price
$2,700,000
Premium/Discount to List
-$599,000
-18.16%
Views
200
Current Estimated Value
$2,768,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,211
Avg. Annual Appreciation
1.40%

Purchase Details

Listed on
Sep 28, 2020
Closed on
Mar 10, 2021
Sold by
Faridad Derek J and Ristil Alexander M
Bought by
Faridad Derek J and Ristil Alexander M
Seller's Agent
Alexander Ristl
Mitchell International Rlty
Buyer's Agent
Ileana Salman
Paramount Realty Sales, LLC
List Price
$1,990,990
Sold Price
$1,975,000
Premium/Discount to List
-$15,990
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Faridad Derek J and Risti Alexander M
Bought by
Faridad Derek J and Risti Alexander M

Purchase Details

Closed on
May 19, 2004
Sold by
Abella Justo Carlos and Dearistegui Pilar Maria
Bought by
Faridad Derek J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 1997
Sold by
Carlos J Dominguez M D Facp Pa
Bought by
Dominguez Carlos J

Purchase Details

Closed on
Nov 15, 1996
Sold by
Marquesta Development Ltd
Bought by
Abella Y Ramall Carlos and Del Pilar Arist Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,400
Interest Rate
8.02%
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
Shinderman Marc $2,700,000 Global America Title
Faridad Derek J $1,975,000 Attorney
Faridad Derek J $800,000 Attorney
Faridad Derek J $800,000 --
Dominguez Carlos J $100 --
Abella Y Ramall Carlos $423,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faridad Derek J $600,000
Previous Owner Abella Y Ramall Carlos $319,400
Closed Faridad Derek J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $2,700,000 -8.6% $1,154 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
08/26/2023 08/26/23 Price Changed $2,955,000 -10.4% $1,263 / Sq Ft
03/23/2023 03/23/23 For Sale $3,299,000 +67.0% $1,410 / Sq Ft
03/10/2021 03/10/21 Sold $1,975,000 -0.8% $844 / Sq Ft View Prior Sale
01/18/2021 01/18/21 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,990,990 -- $851 / 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 $48,713 $2,255,333 -- --
2024 $22,071 $2,592,337 -- --
2023 $22,071 $1,214,112 $0 $0
2022 $23,646 $1,300,234 $0 $0
2021 $19,676 $1,059,986 $0 $0
2020 $19,448 $1,045,352 $0 $0
2019 $19,012 $1,021,850 $0 $0
2018 $18,085 $1,002,797 $0 $0
2017 $17,926 $982,172 $0 $0
2016 $17,898 $961,971 $0 $0
2015 $18,126 $955,285 $0 $0
2014 $18,438 $947,704 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2024

    Ileana Salman

    Paramount Realty Sales, LLC

    (305) 989-3553

    3 in this area

    16 Total Sales

    Ileana Salman
    Section Image
  • Stefano Santoro

    Buyer's Agent in 2024

    Stefano Santoro

    Beachfront Realty Inc

    (305) 724-4250

    3 in this area

    32 Total Sales

    Stefano Santoro
    Section Image

  • A

    Seller's Agent in 2021

    Alexander Ristl

    Mitchell International Rlty

    1 in this area

    4 Total Sales

    Alexander Ristl
    Section Image
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About Portofino Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11361091

MIAMI REALTORS® MLS

APN: 02-4210-013-0770

Florida Miami/Dade County Miami Beach 33139 South Pointe

300 S Pointe Dr Unit 903, Miami Beach, FL

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