NOT LISTED FOR SALE

Estimated Value: $379,000 - $491,000

1 Bed
1 Bath
667 Sq Ft
$602/mo HOA Fee

Last Sold July 01, 2024

Last sale price $380,000 $570 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,482/month

37 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of July 2024

GREAT OPPORTUNITY TO NOW OWN A CONDO IN THE SOUTH OF 5TH OF MIAMI BEACH! YES IN THE World famous Ocean Drive!! HIGHLY DESIRABLE AREA.Ocean front Living. .HIGHRISE CONDO IS directly located on the ocean! DIRECT BEACH ACCESS FROM BLDG. VERY SPACIOUS UNIT FOR SALE WITH ONE assigned parking space, NEWLY UPDATED WITH LAMINATED FLOORS THROUGHOUT,with oversized balcony overlooking south beach! central air, wood floors ,Washer and dryer on every floor, 24 hour doorman, newly renovated pool overlooking directly to the ocean!! Absolutely perfect location where the beach is your backyard, World famous Ocean Drive, close to restaurants, Park, pier, and bike path and much more.Come own your dream Condo in the South of 5th THE HEART OF MIAMI BEACH! WONT LAST!

Last Agent to Sell the Property

Joseph Stumpf

Beachfront Realty Inc License #3102248 Listed on: 03/25/2024

Beachfront Realty Inc

Co-Listed By

Sagina Salomon

Beachfront Realty Inc License #3237279

Last Buyer's Agent

Krste Stojanoski

London Foster Realty License #3321581

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1970

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 667 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Courtyard
  • Deck
  • Patio

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-120-0400

Community Details

Overview

  • Mid-Rise Condominium
  • Presidential Condominium Condos
  • The Presidential Condo Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,045

Year Built

Built in 1970

Lot Details

0

HOA Fees

$602 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: ROBR01
  • Co List Office Phone: 305-405-0615
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access, Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PRESIDENTIAL CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Electric Range
  • Interior Amenities: Lobby, Closet Cabinetry, Elevator
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 667
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 11
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Kitchen Dining
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PRESIDENTIAL CONDOMINIUM
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 602
  • Amenities: Barbecue, Billiard Room, Clubhouse-Clubroom, Exercise Room, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-120-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jul 1, 2024
Sold by
Fisher Nancie
Bought by
Haupt Thomas E and Soloviov Andrii
Seller's Agent
Joseph Stumpf
Beachfront Realty Inc
Buyer's Agent
Krste Stojanoski
London Foster Realty
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%
Views
43
Current Estimated Value
$435,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,635
Avg. Annual Appreciation
13.80%
Original Mortgage
$247,000
Outstanding Balance
$244,539
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$194,090

Purchase Details

Closed on
Apr 21, 2003
Sold by
Sila Antonio R
Bought by
Fisher Nancie

Purchase Details

Closed on
Dec 4, 1997
Sold by
Silvestein Lee
Bought by
Mandelstam Deen

Purchase Details

Closed on
Mar 26, 1996
Sold by
Silverstein Lee S and Silverstein Marvin Silverstein
Bought by
Nemeroff Beatrice

Purchase Details

Closed on
Dec 6, 1995
Sold by
Nemeroff Beatrice
Bought by
Silverstein Lee S
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
Haupt Thomas E $380,000 None Listed On Document
Fisher Nancie $143,500 Sunset Title Inc
Mandelstam Deen $146,500 --
Nemeroff Beatrice -- --
Silverstein Lee S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haupt Thomas E $247,000
Previous Owner Pex Damaris C $213,300
Previous Owner Harris Gregory L $237,000
Previous Owner Aquino Eva $136,250
Previous Owner Simegne Getu Elias $91,000
Previous Owner Silverstein Lee S $130,400
Previous Owner Silverstein Lee S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $380,000 -4.8% $570 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/08/2024 04/08/24 Price Changed $399,000 -2.4% $598 / Sq Ft
03/25/2024 03/25/24 For Sale $409,000 0.0% $613 / Sq Ft
07/01/2021 07/01/21 Rented $1,750 0.0% --
05/31/2021 05/31/21 Under Contract -- -- --
05/19/2021 05/19/21 For Rent $1,750 +12.9% --
06/03/2019 06/03/19 Rented $1,550 0.0% --
05/04/2019 05/04/19 Under Contract -- -- --
04/23/2019 04/23/19 Price Changed $1,550 -3.1% $2 / Sq Ft
04/18/2019 04/18/19 For Rent $1,599 +3.2% --
06/01/2018 06/01/18 Rented $1,550 +0.1% --
05/18/2018 05/18/18 Under Contract -- -- --
05/14/2018 05/14/18 Price Changed $1,549 -3.1% $2 / Sq Ft
05/07/2018 05/07/18 Price Changed $1,599 -3.1% $2 / Sq Ft
05/01/2018 05/01/18 Price Changed $1,650 +0.1% $2 / Sq Ft
04/11/2018 04/11/18 Price Changed $1,649 -5.7% $2 / Sq Ft
04/04/2018 04/04/18 For Rent $1,749 +12.8% --
05/01/2017 05/01/17 Rented $1,550 -3.1% --
04/17/2017 04/17/17 Under Contract -- -- --
04/03/2017 04/03/17 Price Changed $1,599 -3.0% $2 / Sq Ft
03/20/2017 03/20/17 For Rent $1,649 -3.0% --
05/16/2016 05/16/16 Rented $1,700 -9.3% --
04/22/2016 04/22/16 Under Contract -- -- --
04/21/2016 04/21/16 Price Changed $1,875 +11.9% $3 / Sq Ft
04/19/2016 04/19/16 For Rent $1,675 -- --
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 $5,942 $347,823 -- --
2024 $6,045 $316,203 -- --
2023 $6,045 $312,785 $0 $0
2022 $5,463 $284,350 $0 $0
2021 $5,090 $258,500 $0 $0
2020 $4,550 $235,000 $0 $0
2019 $4,554 $235,000 $0 $0
2018 $4,835 $257,135 $0 $0
2017 $5,827 $292,220 $0 $0
2016 $5,514 $265,655 $0 $0
2015 $5,119 $241,505 $0 $0
2014 $4,461 $219,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11556007

MIAMI REALTORS® MLS

APN: 02-4203-120-0400