NOT LISTED FOR SALE

Estimated Value: $1,350,000 - $1,984,000

1 Bed
2 Baths
1,104 Sq Ft
2008 Built

Sale Details

Date Sold: April 16, 2018

Last sale price $1,260,000 $1,141 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,297 / mo

225 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Main Floor Bedroom

About This Home

As of April 2018

Enjoy full service, vacation-style living in a furnished turnkey luxury condo hotel. Residence currently in Luxury Rentals Miami Beach rental program generating strong revenue. The Fontainebleau offers ample amenities on 22 oceanfront acres including award-winning restaurants, LIV night club, Lapis spa & state-of-the-art fitness center. Maintenance includes: AC, local calls, electricity, valet + daily free breakfast in the owner’s lounge.

Last Agent to Sell the Property

Ivan Chorney

Compass Florida, LLC License #3157854 Listed on: 07/27/2017

Compass Florida, LLC

Co-Listed By

Michael Martirena

Compass Florida, LLC License #3139315

Last Buyer's Agent

Enrique Del Campo

MMLS Assoc.-Inactive Member License #3182808

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,389

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $1,411 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,104 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-026-1290

Community Details

Overview

  • 286 Units
  • High-Rise Community
  • Fountainbleau III Condos
  • Fountainbleau III Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,389

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$1,411 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Fountainbleau III
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Carpet
  • Furnished: Furnished
  • Living Area: 1104
  • Possible Use: Secondary
  • Stories: 19
  • Window Features: Drapes, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Fountainbleau III
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1411
  • Amenities: Bike/Jog Path, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Child Play Area, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-23-026-1290
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 23389

Multi Family

  • Maintenance Expense: 1411
  • Number Of Units In Community: 286
  • Number Of Units Total: 286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Jamal Miriam J
Bought by
Jamal Miriam and The Miriam Jamal Revocable Tru
Current Estimated Value
$1,666,960

Purchase Details

Listed on
Jul 27, 2017
Closed on
Apr 9, 2018
Sold by
Shah Darshan
Bought by
Jamal Miriam J
Seller's Agent
Ivan Chorney
Compass Florida, LLC
Buyer's Agent
Enrique Del Campo
MMLS Assoc.-Inactive Member
List Price
$1,549,000
Sold Price
$1,260,000
Premium/Discount to List
-$289,000
-18.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%

Purchase Details

Listed on
Sep 4, 2014
Closed on
Dec 12, 2014
Sold by
Fbmb Investments Llc
Bought by
Shah Darshan
Seller's Agent
Betsy Alvarez
Sterling One Realty, Inc.
Buyer's Agent
Non-Member Mls Agent
List Price
$1,900,000
Sold Price
$1,500,000
Premium/Discount to List
-$400,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.07%
Original Mortgage
$893,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2013
Sold by
Romkey Thomas
Bought by
Ghk Capital Llc

Purchase Details

Closed on
Mar 25, 2013
Sold by
Romkey Thomas
Bought by
Fbmb Investments Llc
Source: Public Records
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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
Jamal Miriam -- Attorney
Jamal Miriam J $1,260,000 Attorney
Shah Darshan $1,500,000 Attorney
Ghk Capital Llc $540,000 Attorney
Fbmb Investments Llc $1,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Darshan $893,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2018 04/16/18 Sold $1,260,000 -9.9% $1,141 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/10/2018 02/10/18 Price Changed $1,399,000 -3.5% $1,267 / Sq Ft
08/31/2017 08/31/17 Price Changed $1,449,000 -6.5% $1,313 / Sq Ft
07/27/2017 07/27/17 For Sale $1,549,000 +3.3% $1,403 / Sq Ft
12/12/2014 12/12/14 Sold $1,500,000 0.0% $1,359 / Sq Ft View Prior Sale
12/08/2014 12/08/14 Pending -- -- --
10/20/2014 10/20/14 Price Changed $1,500,000 -21.1% $1,359 / Sq Ft
09/04/2014 09/04/14 For Sale $1,900,000 -- $1,721 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $22,903 $1,313,760 -- --
2024 $23,032 $1,218,816 -- --
2023 $23,032 $1,218,816 $0 $0
2022 $22,903 $1,218,915 $0 $0
2021 $21,395 $1,108,107 $0 $0
2020 $23,318 $1,204,464 $0 $0
2019 $21,467 $1,107,762 $0 $0
2018 $20,831 $1,107,762 $0 $0
2017 $22,929 $1,204,089 $0 $0
2016 $23,389 $1,204,089 $0 $0
2015 $23,856 $1,204,089 $0 $0
2014 $16,872 $830,406 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10316342

MIAMI REALTORS® MLS

APN: 02-3223-026-1290

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