NOT LISTED FOR SALE

Estimated Value: $1,372,000 - $1,687,000

1 Bed
2 Baths
1,002 Sq Ft
871 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $1,000,000 $998 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,050/month

1,160 Days on Market

About This Home

As of November 2021

Spectacular Ocean, City, and Bay view unit located at the Iconic Fontainebleau hotel. Panoramic view of the City of Miami. This unit can comfortably sleep up to 5 residents and or guests. It has a King size bed with sleeper sofa and 3 closets. 2 full bathrooms. Master bathroom has a jacuzzi. This is a home away from home with full service. Enjoy access to seven plus pools and outdoor dining with Beach access. Minutes away from South Beach and Bal Hour Shops.
The condo can be placed into the lucrative and professionally managed rental revenue program for additional revenue while you're away! Low monthly maintenance. Enjoy Liv Nightclub, award winning restaurants such as Hakkassan, Strip Steak, and Scarpetta. Also enjoy the 40,000 square foot world renowed Lapis Spa.

Last Agent to Sell the Property

Michelle Williams

London Foster Realty License #3185141 Listed on: 05/16/2018

London Foster Realty

Last Buyer's Agent

Michele Redlich

Coldwell Banker Realty License #0639225

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,478

Year Built

  • 2005

Lot Details

  • 871

Parking

  • 1

Community Details

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,478

Year Built

2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Habitable Residence: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: FONTAINEBLEAU II CONDO
  • Year Built Details: Condo-Hotel
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Dishwasher
  • Entry Location: Foyer
  • Bedroom Features: Master Bedroom Ground Level
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Carpet, Marble
  • Furnished: Furnished
  • Interior Amenities: Lobby, Bar, Elevator, Entrance Foyer
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 36

Exterior Features

  • Exterior Features: Open Balcony
  • View: Bay, Intracoastal View, Ocean View
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Pool Private: No
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Covered, Guest
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Elevator Secure

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Condo/Co-op/Association

  • Amenities: Bar, Business Center, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1002

Multi Family

  • Maintenance Expense: 1049

Tax Info

  • Tax Annual Amount: 15406
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Morejon Sanchez Filiberto and Sanchez Morejon Filiberto
Bought by
Sahar Realty 1612 Llc
Total Days on Market
1160
Current Estimated Value
$1,462,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Outstanding Balance
$1,094,318
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$367,865

Purchase Details

Listed on
May 16, 2018
Closed on
Oct 29, 2021
Sold by
Elp Limited Partnership
Bought by
Sanchez Filiberto Morejon and Sanchez Librada
Seller's Agent
Michelle Williams
London Foster Realty
Buyer's Agent
Michele Redlich
Coldwell Banker Realty
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$714,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2015
Sold by
Silver Heel Inc & Micheli Corp
Bought by
Silver Heel Inc
Source: Public Records

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Range of Values:

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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 1612 Llc $1,300,000 Knight Barry Title
Sanchez Filiberto Morejon $1,000,000 Lisette Pie Salazar Pa
Silver Heel Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahar Realty 1612 Llc $1,105,000
Previous Owner Sanchez Filiberto Morejon $714,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $1,000,000 -4.3% $998 / Sq Ft
10/12/2021 10/12/21 For Sale -- -- --
07/19/2021 07/19/21 Pending -- -- --
06/23/2021 06/23/21 Price Changed $1,045,000 -2.8% $1,043 / Sq Ft
06/07/2020 06/07/20 Price Changed $1,075,000 -2.3% $1,073 / Sq Ft
10/23/2019 10/23/19 Price Changed $1,100,000 -0.9% $1,098 / Sq Ft
06/18/2019 06/18/19 Price Changed $1,110,000 -1.8% $1,108 / Sq Ft
06/10/2019 06/10/19 Price Changed $1,130,000 -3.8% $1,128 / Sq Ft
02/14/2019 02/14/19 Price Changed $1,175,000 -2.1% $1,173 / Sq Ft
08/01/2018 08/01/18 Price Changed $1,200,000 -4.0% $1,198 / Sq Ft
05/16/2018 05/16/18 For Sale $1,250,000 -- $1,248 / 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 $15,478 $901,010 -- --
2023 $15,478 $819,100 $0 $0
2022 $17,100 $910,106 $0 $0
2021 $13,675 $708,254 $0 $0
2020 $15,406 $795,788 $0 $0
2019 $16,231 $837,576 $0 $0
2018 $17,488 $930,640 $0 $0
2017 $16,692 $845,127 $0 $0
2016 $17,557 $903,880 $0 $0
2015 $12,579 $518,354 $0 $0
2014 $10,399 $471,231 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10470867

MIAMI REALTORS® MLS

APN: 02-3223-023-3240