NOT LISTED FOR SALE

Estimated Value: $389,000 - $501,000

1 Bed
1 Bath
432 Sq Ft
1924 Built

Last Sold November 08, 2023

Last sale price $420,000 $972 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,770/month

75 Days on Market

Highlights

  • Garden View
  • Furnished
  • Courtyard
  • South Pointe Elementary School Rated A-
  • Community Pool
  • 4-minute walk to Washington Dog Park & Annex

About This Home

As of November 2023

Airbnb friendly, no rental restrictions, impeccably maintained Mediterranean 3 story building SOUTH OF FIFTH, blocks to beach, walking to South Beach's best restaurants, South Pointe Park, Pool in complex, lush gardens, bougainvillea. Quiet street. Rarely available building. High end area w/ flexibility to rent as much as you want and still enjoy quaint "pied-a-terre" feeling. Unit is currently rented constantly. SHOWINGS ONLY W/OFFER, SUBJECT TO VIEWING& WITH PRE-APPROVAL/POF, to not disturb.
guests. Text for more info.

Last Agent to Sell the Property

Shayna Hanson

One Sotheby's International Re License #3077203 Listed on: 08/24/2023

One Sotheby's International Re

Last Buyer's Agent

Giorgio Picinelli

SOBE International Realty License #3216822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,744

Year Built

  • Built in 1924

Home Design

  • Garden Apartment

Interior Spaces

  • 432 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard
  • Outdoor Grill

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-324-0180

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • The Fountain Condos
  • The Fountain Condo Hotel Subdivision

Amenities

  • Community Barbecue Grill
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $561
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,744

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE FOUNTAIN CONDO HOTEL
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 432
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View
  • Exterior Features: Barbeque, Courtyard, Fruit Trees
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Fountain
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Amenities: Barbecue, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-324-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 561

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Nov 8, 2023
Sold by
Rossi Richard Wayne and Rossi Elizabeth S
Bought by
Mitox 70 Inc
Seller's Agent
Shayna Hanson
One Sotheby's International Re
Buyer's Agent
Giorgio Picinelli
SOBE International Realty
List Price
$434,500
Sold Price
$420,000
Premium/Discount to List
-$14,500
-3.34%
Views
174
Current Estimated Value
$430,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,831
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Sep 7, 2021
Sold by
Khersonsky Igor
Bought by
Rossi Richard Wayne and Aquino-Rossi Elizabeth S

Purchase Details

Closed on
Jan 2, 2007
Sold by
The Fountain Holdings Lc
Bought by
Kheronsky Igor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,880
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Mitox 70 Inc $420,000 None Listed On Document
Rossi Richard Wayne $304,000 First Title
Kheronsky Igor $178,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kheronsky Igor $124,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $420,000 -3.3% $972 / Sq Ft
08/24/2023 08/24/23 For Sale $434,500 -- $1,006 / 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
2024 $4,611 $341,586 -- --
2023 $4,611 $243,990 $0 $0
2022 $4,744 $252,500 $0 $0
2021 $4,340 $224,770 $0 $0
2020 $4,351 $224,770 $0 $0
2019 $3,960 $204,336 $0 $0
2018 $3,842 $204,336 $0 $0
2017 $3,639 $189,171 $0 $0
2016 $3,505 $171,974 $0 $0
2015 $3,315 $156,340 $0 $0
2014 $2,888 $142,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11440569

MIAMI REALTORS® MLS

APN: 02-4203-324-0180