NOT LISTED FOR SALE

Estimated Value: $198,000 - $236,000

1 Bed
1 Bath
498 Sq Ft
$446/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2012

Last sale price $63,550 $128 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,527 / mo

Highlights

  • Building Security
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Garden View
  • Porch
  • 5-minute walk to Tatum Park

About This Home

As of December 2020

**SPECIAL PROMOTION - MOVE IN WITH 2 MONTH ** Enjoy living in this garden-view apartment. Located just steps away from the beach and 32 acre beachfront park! Residence offers tile flooring throughout, dining area, kitchen with microwave, gas stove, and fridge, updated bath, and more! Building offers gated entrance, lovely landscaping with community patio tables, and easy access to municipal parking lot. Onsite laundry for all residents available.

Last Agent to Rent the Property

Daniel Veitia

Urban Resource LLC License #3079893 Listed on: 09/29/2020

Last Renter's Agent

Adriana Velasco

MMLS Assoc.-Inactive Member License #3303920

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1955

Lot Details

  • East Facing Home

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 498 Sq Ft Home
  • Blinds
  • Tile Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Property Available on 9/29/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-02-138-0020

Community Details

Overview

  • No Home Owners Association
  • Ritz Royal Palm II Condo
  • Ritz Royal Palm II Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed: No
  • Dogs Allowed

Security

  • Building Security
  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Apartment

Year Built

Built in 1955

Lot Details

0 Sq Ft Lot

Rental Info

  • Pets Allowed: No, Dogs OK
  • Available Date: 2020-09-29
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1955
  • Property Sub Type: Apartment
  • Co List Office Phone: 305-403-2424
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Apartments-Annual, Apartment
  • Subdivision Name: RITZ ROYAL PALM II CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 498
  • Window Features: Blinds

Exterior Features

  • Roof: Flat Tile, Other
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction, Other
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RITZ ROYAL PALM II CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Key Card Entry, Building Security, Complex Fenced

Condo/Co-op/Association

  • Amenities: Laundry Facility
  • Association: No

Lot Info

  • Parcel Number: 02-32-02-138-0020
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Ritz Royal Place Llc
Bought by
Ginger Holdings320 Llc
Current Estimated Value
$239,658

Purchase Details

Closed on
Aug 15, 2018
Sold by
320 Investemnts Llc
Bought by
Ritz Royal Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 10, 2012
Closed on
Mar 27, 2012
Sold by
Arch Bay Holdings Llc
Bought by
320 Investments Llc
Seller's Agent
Jay Goldman
USA Commercial, Inc.
Buyer's Agent
Jay Goldman
USA Commercial, Inc.
Sold Price
$1,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Aug 8, 2011
Sold by
National City Bank
Bought by
Arch Bay Holdings Llc

Purchase Details

Closed on
Jun 23, 2006
Sold by
Ritz Royal Palm Ii Inc
Bought by
Alfonso Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ginger Holdings320 Llc $178,300 Attorney
Ritz Royal Place Llc $3,750,000 Attorney
320 Investments Llc $63,600 Attorney
Arch Bay Holdings Llc $26,900 None Available
Alfonso Vicente $180,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritz Royal Place Llc $2,600,000
Previous Owner Alfonso Vicente $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2020 12/09/20 Rented $1,300 0.0% --
12/03/2020 12/03/20 Under Contract -- -- --
09/29/2020 09/29/20 For Rent $1,300 +4.0% --
12/14/2015 12/14/15 Rented $1,250 -2.0% --
12/10/2015 12/10/15 Under Contract -- -- --
11/18/2015 11/18/15 For Rent $1,275 +10.9% --
01/16/2013 01/16/13 Rented $1,150 0.0% --
01/16/2013 01/16/13 For Rent $1,150 +4.5% --
04/10/2012 04/10/12 Rented $1,100 0.0% --
04/10/2012 04/10/12 For Rent $1,100 0.0% --
03/27/2012 03/27/12 Sold $63,550 0.0% $93 / Sq Ft View Prior Sale
10/19/2011 10/19/11 Pending -- -- --
10/06/2011 10/06/11 For Sale $63,550 -- $93 / 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 $2,970 $171,772 -- --
2024 $2,769 $156,157 -- --
2023 $2,769 $141,961 $0 $0
2022 $2,425 $129,056 $0 $0
2021 $2,329 $120,613 $0 $0
2020 $2,267 $117,100 $0 $0
2019 $2,270 $117,128 $0 $0
2018 $1,812 $110,498 $0 $0
2017 $1,742 $80,407 $0 $0
2016 $1,620 $73,098 $0 $0
2015 $1,459 $66,453 $0 $0
2014 $1,425 $60,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10934403

MIAMI REALTORS® MLS

APN: 02-3202-138-0030

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