NOT LISTED FOR SALE

Estimated Value: $497,408 - $903,000

1 Bed
1 Bath
654 Sq Ft
$312/mo HOA Fee

Last Sold September 17, 2013

Last sale price $329,000 $503 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,338/month

89 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Heated Community Pool
  • South Pointe Elementary School Rated A-
  • Sauna
  • 5-minute walk to Marjory Stoneman Douglas Park

About This Home

As of September 2013

An Absolute Gem direct on the Sand with views of Aqua Blue Ocean! One of few affordable ocean front left in Sobe! Remodeled: Open Kitchen with granite counters, wood cabinets and stainless appliances. Remodeled bathroom with tub/shower combo. Hurricane Im pact Glass windows/doors add security and Value. Storage space! Great amenities include: heated pool,new sauna,laundry on each floor, club/game room,secure covered parking/lobby. Don't miss this one! lovely Southeast Ocean Views from your Balcony.

Last Agent to Sell the Property

Jenny Whisler

Realty Hub License #3204941 Listed on: 05/03/2013

Realty Hub

Last Buyer's Agent

Jenny Whisler

Realty Hub License #3204941 Listed on: 05/03/2013

Realty Hub

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1969

Lot Details

  • Ocean Front
  • Southeast Facing Home
  • Fenced

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 654 Sq Ft Home
  • Furniture for Sale
  • Ceramic Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Unrestricted saltwater access
  • Balcony
  • Courtyard

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-097-0520

Community Details

Overview

  • 237 Units
  • Mid-Rise Condominium
  • Royal Atlantic Condos
  • 11-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,432

Year Built

Built in 1969

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: OCEAN DRIVE ON THE CORNER OF 5TH STREET
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 654
  • Possible Use: Secondary
  • Stories: 11
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: Courtyard, Open Balcony
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Royal Atlantic
  • Parking Features: Space Rented

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Common Area
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 312
  • Amenities: Clubhouse-Clubroom, Laundry, Elevator(s), Heated Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-097-0520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 312
  • Number Of Units In Community: 237

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Sep 7, 2013
Sold by
Paone Massimo and Paone Lucia Dibiase
Bought by
Bourjini Besma
Seller's Agent
Jenny Whisler
Realty Hub
Buyer's Agent
Jenny Whisler
Realty Hub
List Price
$325,000
Sold Price
$329,000
Premium/Discount to List
$4,000
1.23%
Current Estimated Value
$627,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,602
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
May 17, 2011
Sold by
Llorca Clodoaldo and Llorca Norma J
Bought by
Paone Massimo and Paone Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Victoria Patricia Ofelia and Llorca Patricia Ofelia
Bought by
Llorca Clodoaldo and Llorca Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1995
Sold by
Clodoaldo and Llorca Norma J
Bought by
Llorca Patricia O

Purchase Details

Closed on
Dec 10, 1993
Sold by
Libio Roxana and Libio Roberto
Bought by
Llorca Clodoaldo and Llorca Norma J
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
Bourjini Besma $329,000 Attorney
Paone Massimo $224,000 None Available
Llorca Clodoaldo -- Jd Title
Llorca Patricia O $100 --
Llorca Clodoaldo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paone Massimo $156,800
Previous Owner Llorca Clodoaldo $146,500
Previous Owner Llorca Clodoaldo $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $329,000 -5.7% $503 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
06/17/2013 06/17/13 Price Changed $349,000 +7.4% $534 / Sq Ft
05/03/2013 05/03/13 For Sale $325,000 0.0% $497 / Sq Ft
06/01/2012 06/01/12 Rented $1,600 -13.5% --
05/02/2012 05/02/12 Under Contract -- -- --
01/08/2012 01/08/12 For Rent $1,850 -- --
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 $8,181 $471,310 -- --
2024 $7,480 $428,464 -- --
2023 $7,480 $389,513 $0 $0
2022 $7,004 $354,103 $0 $0
2021 $6,421 $321,912 $0 $0
2020 $5,666 $292,648 $0 $0
2019 $5,752 $308,700 $0 $0
2018 $5,116 $287,462 $0 $0
2017 $4,562 $239,552 $0 $0
2016 $5,816 $299,440 $0 $0
2015 $5,628 $274,483 $0 $0
2014 $5,070 $249,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1782916

MIAMI REALTORS® MLS

APN: 02-4203-097-0520