NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,015,588

-- Bed
1 Bath
544 Sq Ft
$1,823/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $1,000,000 $1,838 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,111/month

77 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Community Cabanas
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Gated Community

About This Home

As of September 2024

Indulge in luxury at our renovated Oceanview Junior Suite, nestled on the highest floor (19th) of the Sorrento tower at Miami's iconic Fontainebleau hotel. It features lavish furnishings and a marble, granite bathroom including a jet whirlpool tub and separate glass-enclosed shower. Situated on the best line 05, known for offering the most spectacular ocean views in the entire hotel, this suite promises an unparalleled experience. Enjoy the convenience of a well-equipped kitchenette with a mini fridge, sink, and microwave. Managing a STR here is remarkably seamless, as the hotel assumes the responsibility of tending to guests just like any other guest room, sparing the owner from operational hassles. Owner maximizes the property's potential without active involvement.

Last Agent to Sell the Property

SMADAR VAKNIN

Avalon Group USA LLC License #3094421 Listed on: 06/27/2024

Last Buyer's Agent

Michele Redlich

Coldwell Banker Realty License #0639225

Coldwell Banker Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,873

Year Built

  • Built in 2008

HOA Fees

  • $858 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Pool

Home Design

  • Studio

Interior Spaces

  • 544 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Bar

Kitchen

  • Breakfast Bar
  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • Closet Cabinetry
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Intercom
  • Impact Glass
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-026-0800

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, hot water, maintenance structure, pest control, pool(s), roof, sewer, security, trash, water, internet
  • Fontainebleau Iii Ocean C Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Sauna
  • Game Room
  • Business Center
  • Laundry Facilities
  • Elevator
  • Community Wi-Fi

Recreation

  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry
  • Gated Community

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,873

Year Built

Built in 2008

Lot Details

0

HOA Fees

$858 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Year Built: 2008
  • Entry Level: 19
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Custom Mirrors, Pantry, Separate Shower, Bar
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Carpet, Marble
  • Living Area: 544.0
  • Dining Room Type: Studio
  • Stories: 19
  • Window Features: Impact Glass

Exterior Features

  • View: Ocean, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Apartment
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Laundry Features: Common Area
  • Other Equipment: Intercom
  • Security: Door Man, Key Card Entry, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 858.0
  • Community Features: Game Room, Gated, Internet Access, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Business Center, Cabana, Laundry, Management, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Hot Water, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 02-32-23-026-0800
  • Zoning Description: 4100

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11873.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 12, 2024
Sold by
J & R Capital 5161 Llc
Bought by
Sahar Realty 1905 Llc
Seller's Agent
SMADAR VAKNIN
Avalon Group USA LLC
Buyer's Agent
Michele Redlich
Coldwell Banker Realty
List Price
$1,075,000
Sold Price
$1,000,000
Premium/Discount to List
-$75,000
-6.98%
Total Days on Market
77
Views
13
Current Estimated Value
$991,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,137
Avg. Annual Appreciation
-1.14%
Original Mortgage
$732,000
Outstanding Balance
$728,375
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$263,488

Purchase Details

Closed on
Feb 15, 2013
Sold by
Romkey Thomas
Bought by
J & R Capital 5161 Llc
Source: Public Records

Range of Values:

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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
Sahar Realty 1905 Llc $1,000,000 Knight Barry Title
J & R Capital 5161 Llc $447,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahar Realty 1905 Llc $732,000
Closed Sahar Realty 1905 Llc $750,000
Previous Owner J&R Capital 5161 Llc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $1,000,000 -7.0% $1,838 / Sq Ft
06/27/2024 06/27/24 For Sale $1,075,000 -- $1,976 / Sq Ft
Source: BeachesMLS

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
2024 $11,873 $680,000 -- --
2023 $11,873 $628,320 $0 $0
2022 $11,139 $592,813 $0 $0
2021 $10,697 $554,031 $0 $0
2020 $11,659 $602,208 $0 $0
2019 $11,675 $602,479 $0 $0
2018 $10,856 $602,479 $0 $0
2017 $10,384 $512,068 $0 $0
2016 $10,045 $465,517 $0 $0
2015 $9,410 $423,198 $0 $0
2014 $7,817 $384,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10999810

BeachesMLS

APN: 02-3223-026-0800