NOT LISTED FOR SALE

Estimated Value: $1,620,730 - $2,130,000

2 Beds
2.5 Baths
2,670 Sq Ft
$1,672/mo HOA Fee

Last Sold May 20, 2015

Last sale price $1,600,000 $599 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $14,691/month

54 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Wood Flooring
  • Boat Dock
  • Two Primary Bathrooms
  • 3-minute walk to Hollywood North Beach Park

About This Home

As of May 2015

PARADISE FOUND!! THIS AMAZING BEACH HOME IS LOCATED AT VILLAS OF POSITANO, THE BOUTIQUE 62-UNIT OCEANFRONT COMMUNITY LOCATED DIRECTLY ON THE HOLLYWOOD BEACH BROADWALK. THIS PROFESSIONALLY DECORATED 2800SF 2 BED/ 2.5 BATH/DEN HOME HAS IT ALL. SPECTACULAR O CEAN & INTRACOASTAL VIEWS FROM EVERY ROOM. GOURMET KITCHEN WITH ALL THE TOP APPLIANCES INCLUDING GAS COOKING. WOOD AND TILE THROUGHOUT. PRIVATE ELEVATOR FOYER, MOTORIZED SHADES, SURROUND SOUND THROUGHOUT AND MUCH MORE. 2 PARKING SPOTS AND EXTRA STORAGE.

Last Agent to Sell the Property

Robert Auerbach

Compass Florida, LLC License #3092776 Listed on: 02/18/2015

Compass Florida, LLC

Last Buyer's Agent

Brooke Frenkel

MMLS Assoc.-Inactive Member License #3310797

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,244

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $1,672 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Slab Foundation
  • Piling Construction

Interior Spaces

  • 2,670 Sq Ft Home
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Video Cameras

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Property has ocean access
  • Dock Available
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514212DB0490

Community Details

Overview

  • 62 Units
  • Mid-Rise Condominium
  • Villas Of Positano Condos
  • Villas Of Positano Subdivision, Milano Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room

Recreation

  • Boat Dock
  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,244

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,672 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Directions: ONE BLOCK SOUTH OF SHERIDAN STREET ON THE EAST SIDE OF A1A (OCEAN DRIVE)
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • Unit Levels: 1
  • Master Model: MILANO
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: VILLAS OF POSITANO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Laundry Tub, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 2670
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Intracoastal View, Ocean View
  • Exterior Features: Other, Open Balcony
  • Construction Type: Piling Construction, Slab Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Piling Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: VILLAS OF POSITANO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1672
  • Amenities: Bike Storage, Boat Dock, Barbecue, Community Room, Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514212DB0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 62
  • Number Of Units Total: 62

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 17244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
May 18, 2015
Sold by
Lazar Alan Marc and Lazar Barbara Lois
Bought by
Morgan Marshall and Morgan Paula
Seller's Agent
Robert Auerbach
Compass Florida, LLC
Buyer's Agent
Brooke Frenkel
MMLS Assoc.-Inactive Member
List Price
$1,955,000
Sold Price
$1,600,000
Premium/Discount to List
-$355,000
-18.16%
Current Estimated Value
$1,932,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,577
Avg. Annual Appreciation
2.00%
Original Mortgage
$800,000
Outstanding Balance
$626,641
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,334,805

Purchase Details

Closed on
Sep 27, 2010
Sold by
Guzman Tollefson Faustina
Bought by
Lazar Alan Marc and Lazar Barbara Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 2007
Sold by
Hollywood Ocean Group Llc
Bought by
Guzman Tollefson Faustina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morgan Marshall $1,600,000 Tri County Florida Title Co
Lazar Alan Marc $898,000 Attorney
Guzman Tollefson Faustina $975,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Marshall $800,000
Previous Owner Lazar Alan M $250,000
Previous Owner Lazar Alan Marc $250,000
Previous Owner Guzman Tollefson Faustina $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $1,600,000 -14.4% $599 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
03/13/2015 03/13/15 Price Changed $1,870,000 -4.3% $700 / Sq Ft
02/18/2015 02/18/15 For Sale $1,955,000 -- $732 / 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 $30,119 $1,463,090 $146,310 $1,316,780
2024 $29,569 $1,463,090 $146,310 $1,316,780
2023 $29,569 $1,423,160 $142,320 $1,280,840
2022 $30,216 $1,481,490 $0 $0
2021 $29,500 $1,438,340 $143,830 $1,294,510
2020 $30,359 $1,474,840 $0 $0
2019 $30,064 $1,441,690 $0 $0
2018 $28,761 $1,414,810 $141,480 $1,273,330
2017 $29,739 $1,454,530 $0 $0
2016 $29,724 $1,424,620 $0 $0
2015 $17,254 $822,270 $0 $0
2014 -- $815,750 $0 $0
2013 -- $993,530 $99,350 $894,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2074429

MIAMI REALTORS® MLS

APN: 51-42-12-DB-0490