$257,000
SOLD OCT 23, 2020
1 Bed
1 Bath
651 Sq Ft
1936 Built

Recently Sold

$395 Per Sq Ft

10% Below List Price

298 Days on Market

Highlights

  • Valet Parking
  • Wood Flooring
  • Furnished
  • Fitness Center
  • Garden View
  • 4-minute walk to Collins Park

About This Home

As of January 2024

Modern and fully equipped condo at Artecity/Governor condo. The condo has full amenities including pool, spa, gym, 24 hour concierge and valet. Fantastic location right across the street from the beach. Residents have included beach service including 2 chairs and an umbrella. Condo comes with one valet parking space. Perfect for investors or second home owners as the condo allows rentals for a minimum of 30 days or 12 times per year. Best priced large one bedroom available in the building.

Last Agent to Sell the Property

Rachel Benmeir

One Sotheby's International Re License #3250941 Listed on: 12/12/2019

One Sotheby's International Re

Co-Listed By

Roy Benmeir

One Sotheby's International Re License #3266643

Last Buyer's Agent

Sergio Mannarino

One World Properties License #3095776

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,924

Year Built

  • Built in 1936

Home Design

  • Garden Apartment

Interior Spaces

  • 651 Sq Ft Home
  • Furnished
  • Wood Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • East Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-037-0050

Community Details

Overview

  • Property has a Home Owners Association
  • Artecity Condos
  • Artecity Governor Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 5-Story Property

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Door
  • Fire and Smoke Detector

Additional Features

  • Valet Parking
  • Maintenance Expense $729

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,924

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ARTECITY GOVERNOR CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Other, Wood
  • Furnished: Furnished
  • Living Area: 651
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ARTECITY
  • Parking Features: Valet, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry

Condo/Co-op/Association

  • Amenities: Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-27-037-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 729

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 4, 2024
Sold by
Luna De Miami Llc
Bought by
Ekg Trust and Getson
Seller's Agent
Isabel Alvarez
Inmobiliata, LLC
Buyer's Agent
Geane Brito
Compass Florida, LLC.
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
140
Current Estimated Value
$414,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,803
Avg. Annual Appreciation
2.40%
Original Mortgage
$280,000
Outstanding Balance
$275,891
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$138,912

Purchase Details

Listed on
Dec 12, 2019
Closed on
Oct 15, 2020
Sold by
P M International Investment Llc
Bought by
Luna De Miami Llc
Seller's Agent
Rachel Benmeir
One Sotheby's International Re
Buyer's Agent
Sergio Mannarino
One World Properties
List Price
$285,000
Sold Price
$257,000
Premium/Discount to List
-$28,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Jan 10, 2017
Sold by
Salame Kamil M and Lehr Audrey
Bought by
P M International Investment Llc

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 27, 2012
Sold by
Velasquez Jose Rafael and Maldonado Carmen Elisa
Bought by
Salame Kamil M and Lehr Audrey
Seller's Agent
Pedro Cuberos
Brown Harris Stevens
Buyer's Agent
Pedro Cuberos
Brown Harris Stevens
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $257,000 Attorney
Warranty Deed $300,000 Attorney
Warranty Deed $150,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $147,645 Credit Line Revolving
Previous Owner $80,000 Credit Line Revolving
Previous Owner $120,000 Adjustable Rate Mortgage/ARM
Previous Owner $234,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $400,000 -3.6% $614 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $415,000 +61.5% $637 / Sq Ft
10/23/2020 10/23/20 Sold $257,000 -3.0% $395 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $265,000 -7.0% $407 / Sq Ft
12/12/2019 12/12/19 For Sale $285,000 0.0% $438 / Sq Ft
12/18/2017 12/18/17 Rented $2,400 +9.1% --
11/14/2017 11/14/17 For Rent $2,200 +4.8% --
04/12/2013 04/12/13 Rented $2,100 0.0% --
04/12/2013 04/12/13 For Rent $2,100 0.0% --
03/28/2012 03/28/12 Sold $150,000 0.0% $230 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $150,000 -- $230 / 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 $5,474 $311,690 -- --
2024 $5,043 $275,005 -- --
2023 $5,043 $250,005 $0 $0
2022 $4,407 $227,278 $0 $0
2021 $3,989 $206,617 $0 $0
2020 $3,738 $193,100 $0 $0
2019 $4,924 $254,100 $0 $0
2018 $4,778 $254,100 $0 $0
2017 $5,204 $273,260 $0 $0
2016 $5,308 $273,260 $0 $0
2015 $5,414 $273,260 $0 $0
2014 $2,653 $170,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10786227

MIAMI REALTORS® MLS

APN: 02-3227-037-0050