NOT LISTED FOR SALE

Estimated Value: $1,221,000 - $1,918,000

2 Beds
2 Baths
1,220 Sq Ft
1960 Built

Highlights

  • Marina
  • Property Fronts a Bay or Harbor
  • Gated with Attendant
  • South Pointe Elementary School Rated A-
  • Intracoastal View
  • Above Ground Pool

About This Home

As of November 2021

One of a kind quiet retreat directly on the water, located on the second and top floor.
This 2 bedroom, 2 bathroom offers spectacular water views from the living room and master bedroom with two private decks. This boutique condo is located on the exclusive Hibiscus Island, 5 min to South Pointe and 5 min to Downtown and offers a swimming pool by the bay, a Jacuzzi and a barbecue area. 2 tandem parking spaces assigned and visitors parking are available. Washer and dryer in the unit. Move into this waterfront paradise! The beautiful park of Palm Island is in walking distance and it includes a large playground, basketball and tennis courts for the residents to enjoy.

Last Agent to Rent the Property

Stefania Cambarau

Douglas Elliman License #3262980 Listed on: 10/13/2021

Douglas Elliman

Last Renter's Agent

Felipe Cunha

London Foster Realty License #3235521

London Foster Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,156

Year Built

  • Built in 1960

Lot Details

  • Property Fronts a Bay or Harbor
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Intracoastal
  • Bay

Interior Spaces

  • 1,220 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Drapes & Rods

Kitchen

  • Built-In Oven
  • Microwave

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Schools

  • South Pointe Elementary School
  • Nautilus Middle School

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 10/15/21
  • Assessor Parcel Number 02-32-32-015-0200

Community Details

Overview

  • No Home Owners Association
  • Island Club Of South Beac Condos
  • Island Club Of South Beac,Island Club Subdivision

Recreation

  • Marina
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Clear Impact Glass

Condo Details

Home Type

Condominium

Est. Annual Taxes

$18,156

Year Built

Built in 1960

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2021-10-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1960
  • Property Sub Type: Condominium
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other, Community Marina
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ISLAND CLUB OF SOUTH BEAC,Island Club
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Parquet
  • Furnished: Unfurnished
  • Living Area: 1220
  • Spa Features: Community
  • Window Features: Clear Impact Glass, Drapes
  • Bedroom Features: Master Bath Shower, Master Bath Tub

Exterior Features

  • View: Bay, Intracoastal View
  • Direction Faces: North
  • Patio And Porch Features: Porch/Balcony, Deck
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLAND CLUB OF SOUTH BEAC
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Security: Gated with Guard, Security Patrol

Condo/Co-op/Association

  • Amenities: Community Pool
  • Association: No
  • Community Features: Pool, Spa/Hot Tub

Schools

  • Elementary School: South Pointe
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-32-015-0200
  • Land Lease Amount Frequency: Monthly
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Thermostat, Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2014
Sold by
Karmacharya Nikhil J
Bought by
Vida Ventures Llc
Current Estimated Value
$1,517,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
May 1, 2014
Sold by
Karmacharya Jagajan
Bought by
Karmacharya Nikhil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 2009
Sold by
Fitzgerald Brendan
Bought by
Karmacharya Jagajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2004
Sold by
Scherr Barry
Bought by
Fitzgerald Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,600
Interest Rate
4.62%
Mortgage Type
Unknown
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
Vida Ventures Llc $600,000 Attorney
Karmacharya Nikhil J -- --
Karmacharya Jagajan $525,000 Greenwich Title Services Inc
Fitzgerald Brendan $634,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vida Ventures Llc $265,000
Previous Owner Karmacharya Jaqajan $80,000
Previous Owner Karmacharya Jagajan $198,000
Previous Owner Fitzgerald William Brandan $80,000
Previous Owner Fitzgerald Brendan $507,600
Closed Fitzgerald Brendan $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Rented -- -- --
10/19/2021 10/19/21 Under Contract -- -- --
10/13/2021 10/13/21 For Rent $6,500 +94.0% --
02/01/2019 02/01/19 Rented $3,350 0.0% --
01/11/2019 01/11/19 Under Contract -- -- --
01/04/2019 01/04/19 Price Changed $3,350 -4.3% $3 / Sq Ft
01/03/2019 01/03/19 For Rent $3,500 0.0% --
12/31/2018 12/31/18 Off Market $3,500 -- --
12/14/2018 12/14/18 For Rent $3,500 +2.9% --
08/30/2017 08/30/17 Rented $3,400 0.0% --
08/22/2017 08/22/17 Under Contract -- -- --
07/19/2017 07/19/17 Price Changed $3,400 -9.3% $3 / Sq Ft
06/12/2017 06/12/17 Price Changed $3,750 -3.8% $3 / Sq Ft
05/23/2017 05/23/17 For Rent $3,900 -23.5% --
03/01/2016 03/01/16 Rented $5,100 -3.8% --
01/31/2016 01/31/16 Under Contract -- -- --
12/29/2015 12/29/15 For Rent $5,300 -- --
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 $18,156 $826,116 -- --
2024 $20,234 $751,015 -- --
2023 $20,234 $682,741 $0 $0
2022 $18,555 $793,122 $0 $0
2021 $16,393 $781,605 $0 $0
2020 $17,756 $789,500 $0 $0
2019 $17,909 $831,000 $0 $0
2018 $13,689 $830,550 $0 $0
2017 $16,286 $649,650 $0 $0
2016 $16,498 $830,550 $0 $0
2015 $16,731 $830,550 $0 $0
2014 $11,542 $553,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11110460

MIAMI REALTORS® MLS

APN: 02-3232-015-0200