NOT LISTED FOR SALE

Estimated Value: $5,207,000 - $10,111,905

5 Beds
7 Baths
4,500 Sq Ft
$6,534/mo HOA Fee

Last Sold March 08, 2023

Last sale price $13,000,000 $2,889 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $63,808/month

189 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Penthouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Sitting Area In Primary Bedroom

About This Home

As of March 2023

Once in a lifetime opportunity to own one or both penthouses at the iconic Fontainebleau. The views of the Atlantic ocean, Miami beach, Biscayne Bay & the Miami skyline are simply spectacular. This is living on a grand scale w 4500 SF interior & a massive, surrounding ter of 3300 SF w spa & shower. The 5BD + 5BA + 2 1/2 BA unit comes fully furnished. The great room w volume ceiling, soaring windows & the open kitchen make this PH the perfect resort-style home. Keep a yacht at the Marina. Elec, AC, wifi & valet included in the HOA. The Benefit Program offers discounts on the hotel amenities such as the Lapis Spa & Hakkasan. The Rental Program provides worry-free ownership & no rental restrictions. PH rental demand will increase w the 50,000SF event center completion in 2025.

Last Agent to Sell the Property

Linda Schechter

Compass Florida, LLC. Brokerage Phone: 305-490-9436 License #3192061 Listed on: 07/12/2022

Compass Florida, LLC.

Co-Listed By

Gary Feinberg

Compass Florida, LLC. Brokerage Phone: 305-490-9436 License #3272684

Last Buyer's Agent

Michele Redlich

Coldwell Banker Realty License #0639225

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $149,097

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Home fronts a canal

HOA Fees

  • $6,534 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger

Property Views

Home Design

  • Penthouse
  • Slab Foundation
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,500 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Drapes & Rods
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Storage Room

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Handicap Accessible
  • Accessible Doors
  • Accessible Entrance

Schools

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

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-023-4620

Community Details

Overview

  • 462 Units
  • High-Rise Condominium
  • Tresor Ii Condos
  • Fontainebleau Ii Condo Subdivision
  • 37-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Trash Chute
  • Billiard Room
  • Business Center
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$149,097

Year Built

Built in 2005

Lot Details

0

HOA Fees

$6,534 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise, Penthouse
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: From I-95 merge onto I-195 E via EXIT 4 toward Miami Beach. I-195 E becomes Arthur Godfrey Rd. Continue to follow FL-A1A. Fontainebleau Miami Beach, 4441 Collins Ave, Miami Beach, FL, 4441 COLLINS AVE.
  • Entry Level: 37
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: FONTAINEBLEAU II CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-490-9436
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Fire Sprinklers, Entrance Foyer, Handicap Accessible, Volume Ceilings, Walk-In Closet(s), Great Room, Storage
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance, Handicap Access, Accessible Doors, Accessible Hallway(s), Handicap Accessible
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Living Area: 4500
  • Possible Use: Secondary
  • Stories: 37
  • Window Features: Clear Impact Glass, Drapes, High Impact Windows
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Great Room, Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: Pre-Cast Concrete Construction, Slab Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Tresor II
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Electric Vehicle Charging Station(s), Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 6534
  • Amenities: Bike Storage, Billiard Room, Business Center, Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • 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: 02-32-23-023-4620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 462
  • Number Of Units Total: 462

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 149097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Mar 6, 2023
Sold by
Englander Caryl
Bought by
Tresor North Realty Llc
Seller's Agent
Linda Schechter
Compass Florida, LLC.
Buyer's Agent
Michele Redlich
Coldwell Banker Realty
List Price
$20,000,000
Sold Price
$13,000,000
Premium/Discount to List
-$7,000,000
-35%
Views
82
Current Estimated Value
$7,659,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,340,547
Avg. Annual Appreciation
-19.07%
Original Mortgage
$9,750,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2020
Sold by
Kaufman James
Bought by
Englander Caryl

Purchase Details

Closed on
May 12, 2010
Sold by
Singer Baruch
Bought by
Kaufman James
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
Tresor North Realty Llc $13,000,000 --
Englander Caryl -- Attorney
Kaufman James $9,000,000 Members Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tresor North Realty Llc $10,110,000
Closed Tresor North Realty Llc $9,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $13,000,000 -35.0% $2,889 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
07/20/2022 07/20/22 For Sale $20,000,000 +53.8% $4,444 / Sq Ft
07/12/2022 07/12/22 Off Market $13,000,000 -- --
07/12/2022 07/12/22 For Sale $20,000,000 -- $4,444 / 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 $179,667 $10,983,773 -- --
2023 $179,667 $9,343,620 $0 $0
2022 $168,250 $8,494,200 $0 $0
2021 $149,097 $7,722,000 $0 $0
2020 $149,495 $7,722,000 $0 $0
2019 $149,657 $7,722,860 $0 $0
2018 $145,222 $7,722,860 $0 $0
2017 $141,018 $7,220,874 $0 $0
2016 $137,982 $6,728,832 $0 $0
2015 $141,508 $6,828,030 $0 $0
2014 $137,591 $6,207,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11233691

MIAMI REALTORS® MLS

APN: 02-3223-023-4620