NOT LISTED FOR SALE

Estimated Value: $781,000 - $1,055,485

-- Bed
1 Bath
521 Sq Ft
$834/mo HOA Fee

Last Sold January 08, 2024

Last sale price $930,000 $1,785 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,816/month

151 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Private Guards
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of January 2024

Indulge in a fabulous oceanfront Junior Suite at the Fontainebleau III /Sorrento featuring sweeping vistas up and down the coastline. Experience resort-style living with this fully furnished, turnkey condo featuring a King-size bed, oceanfront balcony, sleeper sofa, kitchenette and more. The Fontainebleau Resort is known for its luxury amenities spread across 22 oceanfront acres. Amenities include award-winning restaurants, LIV night club, Lapis spa, state-of-the-art fitness center and much more. Owner’s may enroll in the hotel rental program and generate income while away. The maintenance fees includes AC, electricity, WIFI, valet, discounts for owners + free breakfast daily in the owner’s lounge.

Last Agent to Sell the Property

Michele Redlich

Coldwell Banker Realty License #0639225 Listed on: 08/03/2023

Coldwell Banker Realty

Last Buyer's Agent

Michele Redlich

Coldwell Banker Realty License #0639225 Listed on: 08/03/2023

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,512

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $834 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Condo Hotel
  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 521 Sq Ft Home
  • Furnished
  • Marble Flooring

Kitchen

  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Unrestricted saltwater access

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-026-1490

Community Details

Overview

  • High-Rise Condominium
  • Fontainebleau III Sorrent Condos
  • Fontainebleau III Ocean C Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 19-Story Property

Amenities

  • Valet Parking
  • Sauna

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,512

Year Built

Built in 2008

Lot Details

0

HOA Fees

$834 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: FONTAINEBLEAU III OCEAN C
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 521
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Bedroom Features: Entry Level, Studio

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FONTAINEBLEAU III SORRENT
  • Parking Features: 1 Space, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Private Guards

Condo/Co-op/Association

  • Association Fee: 834
  • Amenities: Bike/Jog Path, Exercise Room, Heated Pool, Child Play Area, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-23-026-1490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Jan 8, 2024
Sold by
Gallera Investments Llc
Bought by
E & F Management Lic
Seller's Agent
Michele Redlich
Coldwell Banker Realty
Buyer's Agent
Michele Redlich
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$930,000
Premium/Discount to List
-$170,000
-15.45%
Views
81
Current Estimated Value
$908,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,838
Avg. Annual Appreciation
-1.41%

Purchase Details

Closed on
Feb 18, 2011
Sold by
Ffoc Investors Llc
Bought by
Gallera Investments Llc

Purchase Details

Closed on
May 28, 2010
Sold by
Fontainebleau Florida Tower 3 Llc
Bought by
Ffoc Investors Llc
Source: Public Records

Range of Values:

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Average Value
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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
E & F Management Lic $930,000 None Listed On Document
E & F Management Lic $930,000 None Listed On Document
Gallera Investments Llc $280,500 Attorney
Ffoc Investors Llc $300,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $930,000 -7.0% $1,785 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
10/25/2023 10/25/23 Price Changed $1,000,000 -4.8% $1,919 / Sq Ft
09/11/2023 09/11/23 Price Changed $1,050,000 -4.5% $2,015 / Sq Ft
08/03/2023 08/03/23 For Sale $1,100,000 -- $2,111 / 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 $12,859 $807,550 -- --
2024 $11,578 $673,965 -- --
2023 $11,578 $612,696 $0 $0
2022 $11,512 $612,665 $0 $0
2021 $10,754 $556,970 $0 $0
2020 $10,960 $605,402 $0 $0
2019 $10,368 $605,565 $0 $0
2018 $9,496 $605,565 $0 $0
2017 $9,153 $408,124 $0 $0
2016 $8,924 $371,022 $0 $0
2015 $8,306 $337,293 $0 $0
2014 $7,037 $306,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11417314

MIAMI REALTORS® MLS

APN: 02-3223-026-1490