NOT LISTED FOR SALE

Estimated Value: $1,488,761 - $1,776,000

2 Beds
2.5 Baths
1,502 Sq Ft
$2,188/mo HOA Fee

Last Sold June 21, 2022

Last sale price $1,400,000 $932 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,972/month

291 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of June 2022

Beautiful just refurbished 2 bedrooms/2.5 baths w/ocean & pool views at The Fontainebleau III. Enjoy full service, vacation-style living in a furnished turnkey unit with king bed, sleeper sofa & more. Enroll in hotel rental program & receive income while away! The Fontainebleau Resort offers luxury 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 owners lounge.

Last Listed By

Michele Redlich

Coldwell Banker Realty License #0639225 Listed on: 08/03/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,758

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $2,188 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,502 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

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 02-32-23-026-1030

Community Details

Overview

  • 286 Units
  • High-Rise Condominium
  • Fontainebleau Iii/Sorrent Condos
  • Fontainebleau Iii/Sorrento,Fontainebleau Iii/So Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

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

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,758

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,188 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: FONTAINEBLEAU III/SORRENTO,FONTAINEBLEAU III/SO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Elevator, Entrance Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Living Area: 1502
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Window Features: Drapes, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: FONTAINEBLEAU III/SORRENT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2188
  • Amenities: Bike/Jog Path, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, 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: 02-32-23-026-1030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2188
  • Number Of Units In Community: 286

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 25758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Jun 20, 2022
Sold by
Rousso and Jessica
Bought by
Shea Hospitality Series Llc
Seller's Agent
Michele Redlich
Coldwell Banker Realty
Buyer's Agent
Michele Redlich
Coldwell Banker Realty
List Price
$2,349,000
Sold Price
$1,400,000
Premium/Discount to List
-$949,000
-40.4%
Total Days on Market
291
Current Estimated Value
$1,623,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,587
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,190,000
Outstanding Balance
$1,140,389
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$483,198

Purchase Details

Closed on
Aug 12, 2015
Sold by
Aziz Hooshang
Bought by
Rousso Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.11%
Mortgage Type
Seller Take Back

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
Shea Hospitality Series Llc $1,400,000 Tobin & Associates Pa
Rousso Jessica $950,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Hospitality Series Llc $1,190,000
Previous Owner Rousso Jessica $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $1,400,000 0.0% $932 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
01/31/2022 01/31/22 Off Market $1,400,000 -- --
07/26/2021 07/26/21 For Sale $2,349,000 -- $1,564 / 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
2024 $20,348 $1,168,760 -- --
2023 $20,348 $1,076,792 $0 $0
2022 $13,182 $701,563 $0 $0
2021 $13,546 $701,563 $0 $0
2020 $14,763 $762,568 $0 $0
2019 $14,785 $762,973 $0 $0
2018 $13,748 $762,973 $0 $0
2017 $13,932 $713,379 $0 $0
2016 $14,820 $762,973 $0 $0
2015 $14,686 $674,832 $0 $0
2014 $12,772 $613,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11079040

MIAMI REALTORS® MLS

APN: 02-3223-026-1030