NOT LISTED FOR SALE

Estimated Value: $296,674 - $381,000

1 Bed
1 Bath
590 Sq Ft
1936 Built

Last Sold January 27, 2022

Last sale price $280,000 $475 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,177/month

Highlights

  • Valet Parking
  • Gated with Attendant
  • Furnished
  • Fitness Center
  • In Ground Pool
  • 4-minute walk to Collins Park

About This Home

As of February 2024

Perched on the top floor, this delightful Miami Beach apartment is part of the luxury Arte City condominium community and packed with hotel-like amenities. This smartly designed 1 BDRM comes fully furnished with two sleeping areas, updated kitchen appliances, a spacious bath, and a full-sized washer/dryer. The Governor is one of the few properties in Miami Beach given a historic designation and acts as the anchor property for the Arte City community with an attended lobby from 7 AM-11 PM and around-the-clock security. The grounds feature two pools, community courtyards, a community room, a gym, treatment rooms, valet parking and to top it off, complimentary beach service for two! The apartment comes with one covered parking spot and is available to rent for 1 year starting immediately.

Last Agent to Rent the Property

Michael Carioti

Direct Real Estate License #3355424 Listed on: 01/07/2024

Last Renter's Agent

Kevin Krueger

Rise Realty License #3439681

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1936

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking

Interior Spaces

  • 590 Sq Ft Home
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 1/15/24
  • 1 Year With Renewal Option,12 Months,Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-27-037-0490

Community Details

Overview

  • No Home Owners Association
  • Artecity Governor Condo
  • Artecity Governor Condo Subdivision

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced
  • Complete Impact Glass

Condo Details

Home Type

Condominium

Year Built

Built in 1936

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Yes
  • Available Date: 2024-01-15
  • Lease Term: 1 Year With Renewal Option,12 Months,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ARTECITY GOVERNOR CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 590
  • Window Features: Complete Impact Glass

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ARTECITY GOVERNOR CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Complex Fenced, Gated with Guard, Lobby Attended, Security Patrol

Condo/Co-op/Association

  • Amenities: Elevator(s), Exercise Room, Management On Site
  • Association: No

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-27-037-0490
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 27, 2022
Sold by
Ferraz Tabor Alexander
Bought by
Paunovic Vojin and Ilic Biljana
Seller's Agent
Rod Schimko
Gary Hennes Realtors
Buyer's Agent
Michael Carioti
Direct Real Estate
List Price
$299
Sold Price
$280,000
Premium/Discount to List
$279,701
93545.48%
Current Estimated Value
$334,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,169
Avg. Annual Appreciation
4.69%
Original Mortgage
$252,000
Outstanding Balance
$233,716
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$100,453

Purchase Details

Listed on
Mar 4, 2015
Closed on
Apr 29, 2015
Sold by
Williams David and Williams David J
Bought by
Tabor Alexander Ferraz
Seller's Agent
Audrey Lehr
MMLS Assoc.-Inactive Member
Buyer's Agent
Amanda Turco
Zilla Real Estate, Inc
Sold Price
$1,800
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paunovic Vojin $280,000 New Title Company Name
Paunovic Vojin $280,000 New Title Company Name
Tabor Alexander Ferraz $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paunovic Vojin $252,000
Closed Paunovic Vojin $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Rented $2,800 -5.1% --
02/09/2024 02/09/24 Under Contract -- -- --
01/23/2024 01/23/24 Price Changed $2,950 -7.8% $5 / Sq Ft
01/07/2024 01/07/24 For Rent $3,200 0.0% --
01/27/2022 01/27/22 Sold $280,000 +93545.5% $475 / Sq Ft View Prior Sale
10/19/2021 10/19/21 For Sale $299 0.0% $1 / Sq Ft
08/04/2019 08/04/19 Rented $1,750 0.0% --
07/12/2019 07/12/19 Under Contract -- -- --
07/10/2019 07/10/19 For Rent $1,750 0.0% --
07/03/2019 07/03/19 Off Market $1,750 -- --
06/18/2019 06/18/19 For Rent $1,750 0.0% --
06/03/2019 06/03/19 Under Contract -- -- --
05/30/2019 05/30/19 For Rent $1,750 +6.1% --
05/01/2018 05/01/18 Rented $1,650 -2.9% --
04/23/2018 04/23/18 Under Contract -- -- --
04/05/2018 04/05/18 Price Changed $1,700 -5.6% $3 / Sq Ft
03/19/2018 03/19/18 For Rent $1,800 -1.4% --
04/15/2016 04/15/16 Rented $1,825 +1.4% --
04/08/2016 04/08/16 Under Contract -- -- --
05/06/2015 05/06/15 Rented $1,800 -10.0% --
04/06/2015 04/06/15 Under Contract -- -- --
03/04/2015 03/04/15 For Rent $2,000 -- --
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 $5,046 $260,484 -- --
2024 $4,699 $268,540 -- --
2023 $4,699 $248,648 $0 $0
2022 $4,270 $220,220 $0 $0
2021 $3,865 $200,200 $0 $0
2020 $3,523 $182,000 $0 $0
2019 $4,641 $239,500 $0 $0
2018 $4,504 $239,500 $0 $0
2017 $4,905 $257,570 $0 $0
2016 $5,003 $257,570 $0 $0
2015 $4,121 $177,078 $0 $0
2014 $3,271 $160,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11509852

MIAMI REALTORS® MLS

APN: 02-3227-037-0490