NOT LISTED FOR SALE

Estimated Value: $1,929,000 - $2,175,000

2 Beds
2 Baths
1,536 Sq Ft
2005 Built

Last Sold August 15, 2023

Last sale price $1,650,000 $1,074 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,140/month

295 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Private Dock
  • South Pointe Elementary School Rated A-
  • Property has ocean access
  • Community Cabanas

About This Home

As of August 2023

INVESTOR OPPORTUNITY! Tenant occupied till April 14,2024 at $11,000/month with a 60 day kick out clause. Located in Miami Beach's premier South of Fifth neighborhood, this 2 bedroom 2.5 bath on the 37th floor has floor-to-ceiling glass windows showcasing sweeping views of South Beach, the Atlantic Ocean and Intracoastal Waterway. Philppe Stark finishes, luxe amenities include new bi-level pool deck with a plethora of outdoor lounges, relaxation garden & alfresco italian cafe, full service spa, fitness center, 2 pools, concierge & 24hr valet. Live the best lifestyle SoFi offers with top restaurants nearby, a mega yacht marina leading to the beach and South Pointe Park

Last Agent to Sell the Property

Timothy Hartmann

Global Luxury Realty LLC License #3199201 Listed on: 10/23/2022

Last Buyer's Agent

Timothy Hartmann

Global Luxury Realty LLC License #3199201 Listed on: 10/23/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,456

Year Built

  • Built in 2005 | Newly Remodeled

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • Furnished
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Private Dock
  • Balcony
  • Patio

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-286-1300

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Icon South Beach Condos
  • Icon Condo Subdivision
  • 42-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $5,519

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,456

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 4th St. and Alton Rd.
  • Entry Level: 37
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ICON CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Pantry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1536
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 42
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ICON SOUTH BEACH
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Barbecue, Cabana, Community Room, Elevator(s), Exercise Room, Library, Exterior Lighting, Pool, Private Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-286-1300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 5519

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Aug 15, 2023
Sold by
Sapienza Richard
Bought by
Bonalle David and Chen Juo Ting
Seller's Agent
Timothy Hartmann
Global Luxury Realty LLC
Buyer's Agent
Timothy Hartmann
Global Luxury Realty LLC
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Views
93
Current Estimated Value
$2,003,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,457
Avg. Annual Appreciation
10.58%
Original Mortgage
$1,300,000
Outstanding Balance
$1,272,905
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$730,553

Purchase Details

Closed on
Feb 25, 2008
Sold by
Fernandez Pascual Alex
Bought by
Sapienza Richard

Purchase Details

Closed on
Jun 28, 2005
Sold by
Murano Three Ltd
Bought by
Fernandez Pascual Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Bonalle David $1,650,000 None Listed On Document
Sapienza Richard $1,100,000 Attorney
Fernandez Pascual Alex $895,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonalle David $1,300,000
Previous Owner Sapienza Richard $1,005,000
Previous Owner Fernandez Pascual Alex $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $1,650,000 -10.8% $1,074 / Sq Ft
04/21/2023 04/21/23 For Sale $1,850,000 +12.1% $1,204 / Sq Ft
04/20/2023 04/20/23 Off Market $1,650,000 -- --
10/23/2022 10/23/22 For Sale $1,850,000 0.0% $1,204 / Sq Ft
07/15/2014 07/15/14 Rented $6,750 -2.9% --
06/15/2014 06/15/14 Under Contract -- -- --
04/01/2014 04/01/14 For Rent $6,950 -7.3% --
11/01/2013 11/01/13 Rented $7,500 +7.9% --
10/02/2013 10/02/13 Under Contract -- -- --
03/20/2013 03/20/13 For Rent $6,950 -- --
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 $24,514 $1,708,636 -- --
2023 $24,514 $1,156,614 $0 $0
2022 $21,016 $1,051,468 $0 $0
2021 $18,456 $955,880 $0 $0
2020 $18,505 $955,880 $0 $0
2019 $20,134 $1,039,000 $0 $0
2018 $20,560 $1,093,380 $0 $0
2017 $23,426 $1,197,599 $0 $0
2016 $22,595 $1,088,727 $0 $0
2015 $23,595 $989,752 $0 $0
2014 $20,389 $899,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11292438

MIAMI REALTORS® MLS

APN: 02-4203-286-1300