NOT LISTED FOR SALE

3401 NE 1st Ave Unit L404 Miami, FL 33137

Midtown Neighborhood

Estimated Value: $714,919 - $850,000

2 Beds
2 Baths
1,210 Sq Ft
$993/mo HOA Fee

Last Sold May 15, 2019

Last sale price $465,000 $384 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,260/month

359 Days on Market

Highlights

  • Doorman
  • Community Cabanas
  • Fitness Center
  • Ocean View
  • Bar or Lounge
  • Home Theater

About This Home

As of May 2019

CHEAPEST 2 BEDROOM. OWNER WANTS TO SELL!!! Brand new corner unit 2 bedroom 2 baths. Impeccable Residence with European Kitchen, quartz countertop. Stainless-steel appliances. Expertly designed floor plans for efficient use of space and maximum views. Spacious terrace with glass and aluminum railings directly accessible from living area through floor-to-ceiling sliding glass doors.
Amenities: Piano Bar at Lobby. 7th Floor Pool Terrace with Biscayne Bay & Skyline Views. Heated Lap Pool. Full Service Spa. State-of-the-Art Fitness Center. Private Screening Theater. On-Demand Transportation to Beach Club. Pet-Friendly Amenities & Services. Game Room. Kids’ Play Area. Tennis Court. Valet Parking. Bocce Court.

Last Agent to Sell the Property

Erhan Kostepen

MMLS Assoc.-Inactive Member License #3339810 Listed on: 04/25/2018

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Erhan Kostepen

MMLS Assoc.-Inactive Member License #3339810 Listed on: 04/25/2018

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,659

Year Built

  • Built in 2018 | Newly Remodeled

HOA Fees

  • $993 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Skyline

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,210 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Home Theater
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Entrance

Schools

  • Shadowlawn Elementary School
  • Allapattah Middle School
  • Design & Architecture High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Outdoor Grill
  • Southeast Facing Home

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-088-0230

Community Details

Overview

  • High-Rise Condominium
  • Hyde Midtown Miami Condos
  • Hyde Midtown Subdivision
  • 32-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa
  • Putting Green

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,659

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$993 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: HYDE MIDTOWN
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Media Room
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance, Handicap Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1210
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 32
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Media Room
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Shower Only

Exterior Features

  • View: Ocean View, Skyline, Water View
  • Exterior Features: Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HYDE MIDTOWN MIAMI
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 993
  • Amenities: Bar, Billiard Room, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Putting Green, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Shadowlawn
  • High School: Design & Architecture
  • Middle Or Junior School: Allapattah

Lot Info

  • Parcel Number: 01-31-25-088-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 993

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 3, 2019
Sold by
Ertac Hakan
Bought by
Hyde Midtown L404 Llc
Seller's Agent
Erhan Kostepen
MMLS Assoc.-Inactive Member
Buyer's Agent
Erhan Kostepen
MMLS Assoc.-Inactive Member
List Price
$619,000
Sold Price
$465,000
Premium/Discount to List
-$154,000
-24.88%
Current Estimated Value
$795,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,459
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Mar 14, 2018
Sold by
Prh Midtown 3 Llc
Bought by
Ertac Hakan
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
Hyde Midtown L404 Llc $465,000 Attorney
Ertac Hakan $549,900 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $465,000 -6.8% $384 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $499,000 -5.8% $412 / Sq Ft
04/07/2019 04/07/19 Price Changed $529,500 -1.9% $438 / Sq Ft
03/15/2019 03/15/19 Price Changed $539,500 -0.9% $446 / Sq Ft
02/25/2019 02/25/19 Price Changed $544,500 -0.8% $450 / Sq Ft
02/08/2019 02/08/19 Price Changed $549,000 -0.9% $454 / Sq Ft
01/04/2019 01/04/19 Price Changed $554,000 -0.9% $458 / Sq Ft
11/12/2018 11/12/18 Price Changed $559,000 -4.3% $462 / Sq Ft
10/16/2018 10/16/18 Price Changed $584,000 -0.8% $483 / Sq Ft
05/18/2018 05/18/18 Price Changed $589,000 -4.8% $487 / Sq Ft
04/25/2018 04/25/18 For Sale $619,000 -- $512 / 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 $10,483 $513,597 -- --
2024 $9,944 $466,907 -- --
2023 $9,944 $424,461 $0 $0
2022 $9,118 $412,942 $0 $0
2021 $8,938 $395,160 $0 $0
2020 $8,766 $395,160 $0 $0
2019 $9,753 $444,000 $0 $0
2018 $831 $23,720 $0 $0
2017 $814 $13,061 $0 $0
2016 $346 $11,874 $0 $0
2015 $240 $10,795 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Erhan Kostepen

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10454785

MIAMI REALTORS® MLS

APN: 01-3125-088-0230

Florida Miami/Dade County Miami 33137 Midtown

3401 NE 1st Ave Unit L404, Miami, FL

This home is located at 3401 NE 1st Ave Unit L404, Miami, FL 33137 since 25 April 2018 and is currently estimated at $797,480, approximately $659 per square foot. This property was built in 2018. 3401 NE 1st Ave Unit L404 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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