NOT LISTED FOR SALE

Estimated Value: $1,640,471 - $2,054,000

3 Beds
3.5 Baths
2,266 Sq Ft
$796/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,746,000 $771 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,352/month

182 Days on Market

Highlights

  • Property has ocean access
  • Up to 40-Foot Boat
  • New Construction
  • Boat Dock
  • Property fronts an intracoastal waterway
  • 3-minute walk to Fairway Park

About This Home

As of August 2023

Modern Corner Waterfront Townhouse located in the Gated “Iris on the Bay” Community. Seller spared no expense with upgrades, cabinets, closets, electric shades, and a functional garage. Enjoy breathtaking DIRECT WATER VIEWS from the kitchen, bedrooms, and Panoramic views from the PRIVATE ROOFTOP TERRACE. Advantageous corner unit allows a FOURTH CAR to be parked and allows tons of NATURAL LIGHT to enter throughout the home. Area includes Boat Docks, Tennis Courts, Playgrounds, Golf Course, and a short walk to the Beach & nearby shopping/restaurants. EV Charging. Experience living in the heart of Miami Beach, a short drive to South Beach/Downtown Miami & Bal Harbor/Aventura. Furniture negotiable. 42 Feet Boat Slip available for Purchase with Shore Power and Fresh Water. See broker remarks

Last Agent to Sell the Property

Tomer Kort

The Brokerage South Florida Real Estate, LLC. License #3515557 Listed on: 03/01/2023

Last Buyer's Agent

Tomer Kort

The Brokerage South Florida Real Estate, LLC. License #3515557 Listed on: 03/01/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,623

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,266 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Blinds
  • Ceramic Tile Flooring
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Handicap Accessible
  • Accessible Doors

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Up to 40-Foot Boat
  • Shared Dock
  • Balcony

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-007-1558

Community Details

Overview

  • Iris On The Bay Condos
  • Normandy Golf Course Sub,Iris On The Bay Subdivision

Recreation

  • Boat Dock
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,623

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$633 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Common Dock,UP to 40 Ft Boat
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: NORMANDY GOLF COURSE SUB,Iris On The Bay
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Handicap Accessible, Walk-In Closet(s)
  • Accessibility Features: Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s), Handicap Accessible
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 2266
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: Bay, Intracoastal View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Iris On The Bay
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Secured Garage/Parking, Other

Condo/Co-op/Association

  • Association Fee: 633
  • Amenities: Bike/Jog Path, Boat Dock, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-03-007-1558
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Aug 29, 2023
Sold by
Sander Christopher Peter
Bought by
Janet L Spielberg Revocable Trust and Spielberg
Seller's Agent
Tomer Kort
The Brokerage South Florida Real Estate, LLC.
Buyer's Agent
Tomer Kort
The Brokerage South Florida Real Estate, LLC.
List Price
$1,990,000
Sold Price
$1,746,000
Premium/Discount to List
-$244,000
-12.26%
Views
232
Current Estimated Value
$1,803,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,618
Avg. Annual Appreciation
1.73%
Original Mortgage
$700,000
Outstanding Balance
$684,216
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,119,402
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
Janet L Spielberg Revocable Trust $1,746,000 Rapid Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janet L Spielberg Revocable Trust $700,000
Previous Owner Peachtree Development Llc $970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,746,000 -11.8% $771 / Sq Ft
04/26/2023 04/26/23 Price Changed $1,980,000 -0.5% $874 / Sq Ft
03/01/2023 03/01/23 For Sale $1,990,000 -- $878 / 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 $20,750 $1,107,104 -- --
2023 $20,750 $961,950 $0 $0
2022 $17,623 $874,500 $0 $0
2021 $15,350 $795,000 $0 $0
2020 $14,984 $774,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11348539

MIAMI REALTORS® MLS

APN: 02-3203-007-1558