NOT LISTED FOR SALE

Estimated Value: $480,000 - $1,566,000

1 Bed
1 Bath
645 Sq Ft
$324/mo HOA Fee

Last Sold October 30, 2015

Last sale price $680,000 $1,054 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,257/month

53 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Elevator
  • South Pointe Elementary School Rated A-
  • Billiard Room
  • 5-minute walk to Marjory Stoneman Douglas Park

About This Home

As of October 2015

Best location, views and value on iconic Ocean Dr. Comfort, style, direct access to beach, rare opportunity. Meticulously designed, spacious, bright, quiet unit, new flooring, gourmet kitchen, marble, Sub-Zero/Miele appliances, impact windows 9th floor, u nique, unobstructed views on the beach, park, Ocean Drive, Art-Deco district. State of the art gym overlooking pool and beach. Renovated building, well maintained with on-site management and low monthly fees. Covered parking, valuable in South Beach.

Last Agent to Sell the Property

Elisabeth Gazay

Douglas Elliman License #3274575 Listed on: 08/20/2015

Douglas Elliman

Last Buyer's Agent

Marta Amador

Shelton and Stewart REALTORS License #3128992

Shelton and Stewart REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,241

Year Built

  • Built in 1969

HOA Fees

  • $324 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 645 Sq Ft Home
  • Tile Flooring
  • Video Cameras
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-097-1830

Community Details

Overview

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

Amenities

  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,241

Year Built

Built in 1969

Lot Details

0

HOA Fees

$324 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Directions: FROM MC ARTHUR CAUSEWAY, STAY ON 5TH STREET. CONDO IS LOCATED AT THE EAST END.
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 645
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ROYAL ATLANTIC
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry, Phone Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 324
  • Amenities: Bike Storage, Billiard Room, Laundry, Community Room, Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-097-1830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 30, 2015
Sold by
Benaudis Haim and Benaudis Saskia
Bought by
Mitomer Llc
Seller's Agent
Elisabeth Gazay
Douglas Elliman
Buyer's Agent
Marta Amador
Shelton and Stewart REALTORS
List Price
$698,000
Sold Price
$680,000
Premium/Discount to List
-$18,000
-2.58%
Current Estimated Value
$785,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,571
Avg. Annual Appreciation
-2.39%

Purchase Details

Listed on
Nov 27, 2013
Closed on
Apr 11, 2014
Sold by
Videnci Inc
Bought by
Benaudis Haim and Benaudis Saskia
Seller's Agent
Claudia Naffah
Brokers, LLC
Buyer's Agent
Elisabeth Gazay
Douglas Elliman
List Price
$550,000
Sold Price
$467,000
Premium/Discount to List
-$83,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.43%
Original Mortgage
$301,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2001
Sold by
Sergio Naranjo I
Bought by
Videnci

Purchase Details

Closed on
May 11, 2000
Sold by
Michele G Beatty Tr and Granda Deborah
Bought by
Naranjo Sergio

Purchase Details

Closed on
Dec 1, 1997
Sold by
Beatty Michele Granda
Bought by
Beatty Michele G
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
Mitomer Llc $680,000 Title Company Of Florida Llc
Benaudis Haim $467,000 Attorney
Videnci $245,000 --
Naranjo Sergio $235,000 --
Beatty Michele G $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benaudis Haim $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $680,000 -2.6% $1,054 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $698,000 +49.5% $1,082 / Sq Ft
04/11/2014 04/11/14 Sold $467,000 -4.7% $724 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
12/04/2013 12/04/13 Price Changed $490,000 -10.9% $760 / Sq Ft
11/27/2013 11/27/13 For Sale $550,000 -- $853 / 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 $8,236 $480,657 -- --
2024 $7,530 $436,961 -- --
2023 $7,530 $397,238 $0 $0
2022 $7,046 $361,126 $0 $0
2021 $6,459 $328,297 $0 $0
2020 $5,778 $298,452 $0 $0
2019 $6,016 $319,200 $0 $0
2018 $5,219 $277,546 $0 $0
2017 $5,873 $308,384 $0 $0
2016 $7,488 $385,480 $0 $0
2015 $5,460 $385,480 $0 $0
2014 $5,460 $225,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2162554

MIAMI REALTORS® MLS

APN: 02-4203-097-1830