NOT LISTED FOR SALE

Estimated Value: $5,207,000 - $9,814,000

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

Last Sold March 08, 2023

Last sale price $14,000,000 $3,111 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $66,220/month

181 Days on Market

Highlights

  • Doorman
  • 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 where you have astounding views of the Atlantic ocean, Miami Beach, Biscayne bay & the Miami skyline, 5 star luxury service & a convenient Mid-Beach location. An exquisite renovation of the 4500 SF, 5BD + 5BA + 2 !/2 BA unit has just been completed by Grade NY. The casual elegance of the interior along w the large terr of 3300 SF make this PH the height of sophisticated resort-style living. Natural light washes every room from the soaring windows. Keep you yacht at the Marina. HOA includes Elec & wifi. Delight in discounts on the hotel amenities such as the Lapis Spa & Hakkasan. The highly rated Rental Program provides worry-free ownership w no rental restrictions. Live & play all day everyday.

Last Agent to Sell the Property

Linda Schechter

Compass Florida, LLC. Brokerage Phone: 305-490-9436 License #3192061 Listed on: 07/20/2022

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
  • Property fronts an intracoastal waterway

HOA Fees

  • $6,534 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking

Property Views

Home Design

  • Penthouse
  • Elevated Home
  • Concrete Block And Stucco Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,500 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Hallway
  • Handicap Accessible
  • Accessible Doors
  • Doors with lever handles

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 02-32-23-023-4610

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Billiard Room
  • Business Center
  • Bike Room

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complete Impact Glass
  • High Impact Door

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, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Handicap Accessible, Volume Ceilings, Walk-In Closet(s), Wet Bar, Great Room, Storage
  • Accessibility Features: Accessible Full Bath, Door Levers, Accessible Elevator Installed, 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: Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 4500
  • Possible Use: Secondary
  • Stories: 37
  • Window Features: Complete Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Great Room, Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 6534
  • Amenities: Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Child Play Area, 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: 02-32-23-023-4610
  • 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 20, 2022
Closed on
Mar 6, 2023
Sold by
Englander Caryl
Bought by
Tresor South Realty Llc
Seller's Agent
Linda Schechter
Compass Florida, LLC.
Buyer's Agent
Michele Redlich
Coldwell Banker Realty
List Price
$25,000,000
Sold Price
$14,000,000
Premium/Discount to List
-$11,000,000
-44%
Views
85
Current Estimated Value
$7,678,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,321,945
Avg. Annual Appreciation
-22.39%
Original Mortgage
$10,500,000
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
Jul 27, 2020
Sold by
Widawsky Daniel and Ph South Land Trust
Bought by
Engander Caryl

Purchase Details

Closed on
Apr 10, 2008
Sold by
Westdale Properties America I Ltd
Bought by
Kaufman James

Purchase Details

Closed on
Mar 13, 2007
Sold by
Kraus Samuel and Kraus Margaret
Bought by
Westdale Properties America I Ltd
Source: Public Records

Range of Values:

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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 South Realty Llc $14,000,000 --
Englander Caryl -- Attorney
Engander Caryl -- Attorney
Kaufman James $12,500,000 Attorney
Westdale Properties America I Ltd $6,400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tresor South Realty Llc $10,710,000
Closed Tresor South Realty Llc $10,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $14,000,000 -44.0% $3,111 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
07/20/2022 07/20/22 For Sale $25,000,000 -- $5,556 / 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 $206,399 $10,105,071 -- --
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 $138,759 $7,722,860 $0 $0
2017 $132,743 $6,534,055 $0 $0
2016 $128,436 $5,940,050 $0 $0
2015 $124,087 $5,400,046 $0 $0
2014 $121,567 $4,909,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11233693

MIAMI REALTORS® MLS

APN: 02-3223-023-4610