NOT LISTED FOR SALE

Estimated Value: $4,982,000 - $7,446,000

3 Beds
3 Baths
4,379 Sq Ft
$4,293/mo HOA Fee

Last Sold February 05, 2021

Last sale price $6,465,000 $1,476 Per Sq Ft

Current estimated payment $47,908/month

106 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Bar or Lounge
  • South Pointe Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Fitness Center

About This Home

As of February 2021

Most unique penthouse in all of Miami Beach! One-of-a-kind waterfront 2-story PH in the one of the most coveted locations, South of Fifth. This nearly 4,400 sq. ft smart home in the sky is outfitted w/ the highest level of finishes & attention to detail. Uncompromised ocean, bay, Miami Skyline & Fisher Island views w/ over 2,000 sq. ft of expansive outdoor living. Open floor plan seamlessly combines all the sophisticated living spaces. The PH boasts flamed limestone floors, 2 fireplaces, Poliform kitchen, 22’ ceilings, new wired Control4 smart home system w/ integrated light, TV/video, audio/music & AC control, new high-quality decking on patios & balcony including premium outdoor lights & vertical greenery. Top of the line amenities which include state-of-the-art gym, pool, 24-hr security

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 10/28/2020

Coldwell Banker Realty

Co-Listed By

Jill Eber

Coldwell Banker Realty License #0333469

Last Buyer's Agent

Kelly Charles

MMLS Assoc.-Inactive Member License #3224295

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $132,428

Year Built

  • Built in 2003

Lot Details

  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $4,293 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Entry on the 37th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,379 Sq Ft Home
  • Furnished
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-265-0930

Community Details

Overview

  • Murano Grande Condos
  • Murano Grande Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 38-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$132,428

Year Built

Built in 2003

Lot Details

0

HOA Fees

$4,293 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Directions: SOUTH OF 5TH STREET, TURN RIGHT ON ALTON RD. 1ST RIGHT UP TO VALET.
  • Entry Level: 37
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MURANO GRANDE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Furnished
  • Living Area: 4379
  • Possible Use: Unknown/Withheld
  • Stories: 38
  • Window Features: Sliding
  • Bedroom Features: Sitting Area - Master Bedroom
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MURANO GRANDE
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Assigned, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Lobby Secured, Private Guards

Condo/Co-op/Association

  • Association Fee: 4293
  • Amenities: Bar, Barbecue, Clubhouse-Clubroom, Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-265-0930
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4293

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 132428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Feb 5, 2021
Sold by
Winkler Berthold and Winkler Susanne
Bought by
Singh Arvind J and Singh Neeta
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Kelly Charles
MMLS Assoc.-Inactive Member
List Price
$8,500,000
Sold Price
$6,465,000
Premium/Discount to List
-$2,035,000
-23.94%
Current Estimated Value
$6,444,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,814
Avg. Annual Appreciation
-0.07%

Purchase Details

Listed on
Oct 13, 2014
Closed on
Mar 25, 2015
Sold by
Pierson Michael S
Bought by
Winkler Berthold and Winkler Susanne
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Lourdes Lorenzo Luaces
Arch Realty Inc
List Price
$12,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$4,400,000
-34.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.56%

Purchase Details

Closed on
Dec 27, 2004
Sold by
Murano Two Ltd
Bought by
Pierson Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.71%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Singh Arvind J $6,465,000 Equity Title & Escrow Inc
Singh Arvind J $6,465,000 New Title Company Name
Winkler Berthold $8,500,000 None Available
Pierson Michael S $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierson Michael S $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $6,465,000 -17.1% $1,476 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
11/20/2020 11/20/20 Price Changed $7,800,000 -8.2% $1,781 / Sq Ft
10/14/2020 10/14/20 For Sale $8,500,000 0.0% $1,941 / Sq Ft
03/31/2015 03/31/15 Sold $8,500,000 -22.4% $1,941 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
12/01/2014 12/01/14 Price Changed $10,950,000 -8.0% $2,501 / Sq Ft
10/15/2014 10/15/14 Price Changed $11,900,000 -7.8% $2,718 / Sq Ft
10/13/2014 10/13/14 For Sale $12,900,000 -- $2,946 / 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 $105,297 $5,808,391 -- --
2024 $114,095 $6,205,399 -- --
2023 $114,095 $6,024,660 $0 $0
2022 $110,118 $5,901,900 $0 $0
2021 $98,237 $5,087,845 $0 $0
2020 $115,881 $5,985,700 $0 $0
2019 $136,463 $7,042,000 $0 $0
2018 $132,428 $7,042,464 $0 $0
2017 $141,168 $7,413,120 $0 $0
2016 $143,995 $7,413,120 $0 $0
2015 $146,871 $7,413,120 $0 $0
2014 $55,175 $2,755,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10943994

MIAMI REALTORS® MLS

APN: 02-4203-265-0930