NOT LISTED FOR SALE

South Pointe Tower 400 S Pointe Dr Unit 1206 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $1,219,869 - $1,378,000

2 Beds
2 Baths
1,042 Sq Ft
$1,901/mo HOA Fee

Last Sold May 12, 2023

Last sale price $1,150,000 $1,104 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,701/month

101 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • 2-minute walk to South Pointe Park

About This Home

As of May 2023

Incredibly neat 2 bedroom 2 bathroom residence offering sweeping views of the Atlantic Ocean from every room and your own private balcony. Versatile 2nd bedroom with a sliding partition is perfect for guests or a private home office. Full service luxury building includes 24hr security & valet, newly renovated gym and pool, tennis courts and more. Steps from the beach, Marina, restaurants, and all South of 5th has to offer. Parking and storage unit. PRICED TO SELL!

Last Agent to Sell the Property

Maritsa Rabie

Brown Harris Stevens License #3459913 Listed on: 01/30/2023

Brown Harris Stevens

Co-Listed By

Michael Feuling

London Foster Realty License #3072785

Last Buyer's Agent

Ibis Sanabria

Realty Investments Corp. License #0578484

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,450

Year Built

  • Built in 1987 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Southeast Facing Home

HOA Fees

  • $1,901 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,042 Sq Ft Home
  • Blinds
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-001-1100

Community Details

Overview

  • 140 Units
  • High-Rise Condominium
  • South Pointe Towers Condo
  • South Pointe Towers Condo Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,450

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0

HOA Fees

$1,901 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: BHSM01
  • Co List Office Phone: 305-726-0100
  • Entry Level: 12
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SOUTH POINTE TOWERS CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1042
  • Possible Use: Investment
  • Stories: 25
  • Window Features: Blinds
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View
  • Exterior Features: Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SOUTH POINTE TOWERS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1901
  • Amenities: Basketball Court, Barbecue, Community Room, Exercise Room, Storage, Heated Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-10-001-1100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 140
  • Number Of Units Total: 140

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 1, 2023
Sold by
Rabie Llc
Bought by
Ramanathan Ravikumar
Seller's Agent
Maritsa Rabie
Brown Harris Stevens
Buyer's Agent
Ibis Sanabria
Realty Investments Corp.
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%
Views
115
Current Estimated Value
$1,335,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,358
Avg. Annual Appreciation
7.72%
Original Mortgage
$727,000
Outstanding Balance
$704,610
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$653,927

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 16, 2022
Sold by
Bank Of New York Mellon
Bought by
Rabie Llc
Seller's Agent
Jason Shapiro
Rising Realty of S Florida
Buyer's Agent
Tina Fingerman
Beaches MLS
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.11%

Purchase Details

Closed on
Sep 5, 2022
Sold by
Lacey Holdings Llc
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Nov 14, 2014
Sold by
South Pointe Towers I Condominium Associ
Bought by
Lacey Holdings Llc

Purchase Details

Closed on
Oct 28, 2014
Sold by
South Pointe Towers I Condominium Associ
Bought by
Lacey Holdings Llc

Purchase Details

Closed on
May 25, 2011
Sold by
Romano Adriana
Bought by
South Pointe Towers I Condominium Associ

Purchase Details

Closed on
Oct 24, 2006
Sold by
Cohen Jerry and Cohen Jeanne
Bought by
Romano Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,300
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 23, 2002
Sold by
Coscan South Tower Llc
Bought by
Macondo Properties Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramanathan Ravikumar $1,150,000 Highpoint Title
Rabie Llc $1,050,000 --
Bank Of New York Mellon $956,100 --
Lacey Holdings Llc -- Attorney
Lacey Holdings Llc -- Attorney
South Pointe Towers I Condominium Associ -- None Available
Romano Adriana $587,000 Attorney
Macondo Properties Corp $302,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramanathan Ravikumar $727,000
Previous Owner Romano Adriana B $49,500
Previous Owner Romano Adriana $528,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $1,150,000 -6.1% $1,104 / Sq Ft
01/30/2023 01/30/23 For Sale $1,225,000 +16.7% $1,176 / Sq Ft
01/18/2023 01/18/23 Sold $1,050,000 -16.0% $1,008 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $1,250,000 0.0% $1,200 / Sq Ft
02/15/2022 02/15/22 Rented -- -- --
02/10/2022 02/10/22 Under Contract -- -- --
01/19/2022 01/19/22 For Rent $5,000 +56.3% --
08/31/2018 08/31/18 Rented $3,200 0.0% --
08/24/2018 08/24/18 Under Contract -- -- --
08/09/2018 08/09/18 Price Changed $3,200 -8.6% $3 / Sq Ft
05/18/2018 05/18/18 For Rent $3,500 0.0% --
08/30/2017 08/30/17 Rented $3,500 0.0% --
07/05/2017 07/05/17 For Rent $3,500 +9.4% --
05/06/2015 05/06/15 Rented $3,200 -28.9% --
04/06/2015 04/06/15 Under Contract -- -- --
02/16/2015 02/16/15 For Rent $4,500 -- --
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 $17,094 $841,223 -- --
2024 $18,484 $978,166 -- --
2023 $18,484 $978,166 $0 $0
2022 $14,765 $766,260 $0 $0
2021 $13,450 $696,600 $0 $0
2020 $12,487 $645,000 $0 $0
2019 $12,495 $644,800 $0 $0
2018 $14,266 $758,634 $0 $0
2017 $14,549 $763,982 $0 $0
2016 $15,110 $727,980 $0 $0
2015 $13,112 $661,800 $0 $0
2014 $12,186 $580,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maritsa Rabie

    Brown Harris Stevens

    (305) 726-0100

    14 in this area

    22 Total Sales

    Section Image

  • J

    Seller's Agent in 2023

    Jason Shapiro

    Rising Realty of S Florida

    (954) 606-0100

    1 in this area

    13 Total Sales

    Section Image
  • Michael Feuling

    Seller Co-Listing Agent in 2023

    Michael Feuling

    London Foster Realty

    (305) 776-6914

    28 in this area

    39 Total Sales

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  • Ibis Sanabria

    Buyer's Agent in 2023

    Ibis Sanabria

    Realty Investments Corp.

    (786) 326-1660

    1 in this area

    35 Total Sales

    Section Image
  • Tina Fingerman

    Buyer's Agent in 2023

    Tina Fingerman

    Beaches MLS

    (727) 946-2348

    1 in this area

    794 Total Sales

    Section Image

  • J

    Seller's Agent in 2022

    John Lennon

    South Pointe Drive Realty Inc

    (305) 588-9188

    35 in this area

    36 Total Sales

    Section Image
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About South Pointe Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11335178

MIAMI REALTORS® MLS

APN: 02-4210-001-1100

Florida Miami/Dade County Miami Beach 33139 South Pointe

400 S Pointe Dr Unit 1206, Miami Beach, FL

This home is located at 400 S Pointe Dr Unit 1206, Miami Beach, FL 33139 since 30 January 2023 and is currently estimated at $1,287,217, approximately $1,235 per square foot. This property was built in 1987. 400 S Pointe Dr Unit 1206 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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