NOT LISTED FOR SALE

Estimated Value: $4,492,000 - $10,583,077

4 Beds
4.5 Baths
3,911 Sq Ft
2008 Built

Sale Details

Date Sold: February 17, 2021

Last sale price $13,433,000 $3,435 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $68,788 / mo

67 Days on Market

Highlights

  • Valet Parking
  • Deeded Waterfront Access Rights
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Ocean Front
  • 2-minute walk to 36th Street Park

About This Home

As of February 2021

FIRST TIME LISTED! Experience unparalleled oceanfront living in this 2-story PH w/ over 10,000 SF of indoor-outdoor living space, in the heart of Miami Beach’s Faena District. This one-of-a-kind ‘mansion in the sky’ features breathtaking views overlooking the Ocean, South Beach, & Downtown. This PH is the ultimate space for entertaining, encompassing a private sprawling rooftop w/ a pool, an outdoor chef’s kitchen, a private elevator entrance, a state-of-the-art kitchen & living room, all with unobstructed views. This 4 bed, 4.5 bath masterpiece has wrap around balconies & an impeccably designed custom interior. A private poolside guest suite serves as a fifth bed & bath. The Caribbean features concierge service for beach & pool, 24 hr valet service, gym, and 2 assigned parking spaces.

Co-Listed By

Anna Sherrill

One Sotheby's International Realty License #0692650

Last Buyer's Agent

Stacy Robins

Stacy Robins Companies, Inc. License #3008087

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,736

Year Built

  • Built in 2008

Lot Details

  • Southeast Facing Home

HOA Fees

  • $5,253 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,911 Sq Ft Home
  • Combination Dining and Living Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Deeded Waterfront Access Rights
  • Beach Access
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Living Area
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0232260521060

Community Details

Overview

  • Association fees include cable TV, hot water, trash, water
  • The Caribbean Condo Subdivision
  • Maintained Community
  • 19-Story Property

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Valet Parking
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,736

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$5,253 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2008
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Elevator, Living/Dining Room, Main Level Primary, Other, Separate Shower
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Other
  • Living Area: 3911.0
  • Stories: 19

Exterior Features

  • Exterior Features: Balcony, Barbecue, Lighting, Outdoor Living Area
  • View: City, Ocean, Water
  • Pool Features: Private, Association, Heated
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Deck, Open, Patio, Porch, Wrap Around, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Valet

Utilities

  • Security: Security System, Elevator Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 5253.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Fitness Center, Maintenance Grounds, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Hot Water, Trash, Water

Lot Info

  • Parcel #: 0232260521060
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 63736.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 17, 2021
Sold by
Nelson Linden and Nelson Michelle
Bought by
Buyer's Agent
Stacy Robins
Stacy Robins Companies, Inc.
List Price
$14,900,000
Sold Price
$13,433,000
Premium/Discount to List
-$1,467,000
-9.85%
Current Estimated Value
$8,242,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,190,974
Avg. Annual Appreciation
-8.44%
Original Mortgage
$8,670,000
Outstanding Balance
$7,626,542
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$615,484

Purchase Details

Closed on
Nov 18, 2014
Sold by
Slam Miami Llc
Bought by
Nelson Linden and Nelson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2010
Sold by
Caribbean Group Owner Llc
Bought by
Slam Miami Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oceanfront, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$13,433,000 Attorney
Nelson Linden -- Attorney
Slam Miami Llc $4,275,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $8,670,000
Previous Owner Nelson Linden $2,600,000
Previous Owner Nelson Linden $2,000,000
Previous Owner Nelson Linden $2,000,000
Previous Owner Nelson Linden $3,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $13,433,000 -9.8% $3,435 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $14,900,000 -- $3,810 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $216,712 $11,284,939
2024 $203,375 $10,259,036
2023 $203,375 $9,326,397 $0 $0
2022 $177,007 $9,420,603 $0 $0
2021 $65,901 $3,454,073 $0 $0
2020 $65,156 $3,406,384 $0 $0
2019 $63,736 $3,329,799 $0 $0
2018 $60,675 $3,267,713 $0 $0
2017 $60,170 $3,200,503 $0 $0
2016 $60,101 $3,134,675 $0 $0
2015 $109,331 $5,558,720 $0 $0
2014 $62,743 $3,088,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A10959698

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3226-052-1060

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