$1,750,000
SOLD DEC 10, 2014
2 Beds
2.5 Baths
1,621 Sq Ft
$1,524/mo HOA Fee

Recently Sold

$1,080 Per Sq Ft

1% Below List Price

140 Days on Market

About This Home

As of December 2014

The Caribbean is an Oceanfront Boutique Building on South Beach. The SW corner unit is a spacious 2BR/2.5 BA with 1621 sq.ft. of living area & with over 750 sq.ft. wrap around Balcony. Porcelain floors, Open Kitchen w/ Italian Cabinetry, Stone counter t ops, Gas cooking, Miele & Sub-Zero appliances. Features include Beach Service, pool, Jacuzzi, fitness center, wine and humidor storage, valet & 24hrs front desk & much more. Walking distance to Soho Beach House. Fontainebleau Resort and The Faena.

Last Agent to Sell the Property

Ida Schwartz

Compass Florida, LLC. License #3027529 Listed on: 07/21/2014

Compass Florida, LLC.

Last Buyer's Agent

Pablo Alfaro

Compass Florida, LLC. License #0630752

Compass Florida, LLC.

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,027

Year Built

2008

Lot Details

0

HOA Fees

$1,524 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Caribbean Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Cooking Island, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished, Furnished
  • Living Area: 1621
  • Possible Use: Primary
  • Stories: 19
  • Window Features: Sliding
  • Bedroom Features: None
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Disclosures: Disclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Caribbean Condo
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman

Condo/Co-op/Association

  • Association Fee: 1524
  • Amenities: Elevator(s), Exercise Room, Heated Pool, Library, Child Play Area, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-052-0750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 1524
  • Number Of Units In Community: 108
  • Number Of Units Total: 64

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 17840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Dec 10, 2014
Sold by
Maltais Jean Pierre
Bought by
Sadove Stephen and Sadove Karin
Seller's Agent
Ida Schwartz
Compass Florida, LLC.
Buyer's Agent
Pablo Alfaro
Compass Florida, LLC.
List Price
$1,775,000
Sold Price
$1,750,000
Premium/Discount to List
-$25,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Caribbean Group Owner Llc
Bought by
Maltais Jean Pierre
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,550,000 Attorney
Special Warranty Deed $730,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $2,895,000 0.0% $1,786 / Sq Ft
08/28/2024 08/28/24 Under Contract -- -- --
08/26/2024 08/26/24 Rented $8,250 0.0% --
05/07/2024 05/07/24 For Rent $8,250 -12.4% --
11/24/2023 11/24/23 Rented $9,417 -21.5% --
11/02/2023 11/02/23 Under Contract -- -- --
09/21/2023 09/21/23 For Rent $12,000 0.0% --
12/10/2014 12/10/14 Sold $1,750,000 -6.7% $1,080 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/12/2014 11/12/14 Price Changed $1,875,000 +5.6% $1,157 / Sq Ft
07/21/2014 07/21/14 For Sale $1,775,000 -- $1,095 / 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 $36,027 $1,937,820 -- --
2024 $35,413 $1,761,655 -- --
2023 $35,413 $1,601,505 $0 $0
2022 $29,331 $1,455,914 $0 $0
2021 $26,985 $1,323,559 $0 $0
2020 $26,200 $1,610,800 $0 $0
2019 $25,850 $1,333,965 $0 $0
2018 $25,084 $1,333,965 $0 $0
2017 $29,898 $1,559,569 $0 $0
2016 $27,634 $1,417,790 $0 $0
2015 $25,536 $1,288,900 $0 $0
2014 $19,094 $789,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1979881

MIAMI REALTORS® MLS

APN: 02-3226-052-0750