Estimated Value: $806,673 - $856,000
2
Beds
2
Baths
1,322
Sq Ft
$1,598/mo
HOA Fee
Highlights
- Ocean View
- 2-minute walk to Bayfront Park
- Marble Flooring
- Property Fronts a Bay or Harbor
- Fitness Center
- 4-minute walk to Bayfront Park
About This Home
As of November 2024Direct and unobstructed endless views of the Biscayne Bay, Ocean, and South Beach from this upgraded 2 Bed + enclosed Den at 50 Biscayne. This unit's den has been outfitted with custom cabinetry throughout, converting into a 3rd room for guests or family via its foldable murphy bed system. Custom built-out closets, electronic window treatments, and marble flooring throughout are a few additional features that set 2406 apart. 50 Biscayne features a sun-drenched lap pool and jacuzzi, BBQ area and cabanas, fitness center with bay views, pilates and yoga room, sauna/steam rooms, and a business center. Located in the heart of Downtown Miami, 50 Biscayne is a quick walk to Whole Foods, adjacent to the rejuvanated Flagler Street, Julia & Henry's foodhall, Miami Worldcenter, Brickell, and more.
Last Agent to Sell the Property
Compass Florida, LLC. License #3247901 Listed on: 10/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,172
Year Built
- Built in 2007
HOA Fees
- $1,598 Monthly HOA Fees
Parking
- 1 Car Garage
- Secured Garage or Parking
- Assigned Parking
Property Views
Home Design
- Stucco Exterior
Interior Spaces
- 1,322 Sq Ft Home
- Built-In Features
- Vertical Blinds
- Marble Flooring
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Balcony
- Property Fronts a Bay or Harbor
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-41-37-060-2520
Community Details
Overview
- High-Rise Condominium
- 50 Biscayne Condos
- 50 Biscayne Condo Subdivision
- 54-Story Property
Amenities
- Community Barbecue Grill
- Trash Chute
- Business Center
- Bike Room
Recreation
- Community Spa
Pet Policy
- Breed Restrictions
Security
- Security Guard
- Secure Elevator
- High Impact Door
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2024
Closed on
Nov 27, 2024
Sold by
Reyes Guillermo Cruz and Bustamante Mercedes Ruiz
Bought by
Quintero Cesar and Camacho Fernando
Seller's Agent
Charles Celesia
Compass Florida, LLC.
Buyer's Agent
Andres Betancourt
Keller Williams Capital Realty
List Price
$855,000
Sold Price
$830,000
Premium/Discount to List
-$25,000
-2.92%
Total Days on Market
22
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,918
Avg. Annual Appreciation
0.42%
Original Mortgage
$664,000
Outstanding Balance
$661,598
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$170,320
Purchase Details
Closed on
Aug 19, 2015
Sold by
Pelletier Jesse and Kalaveshi Matilda
Bought by
Reyes Guillermo Cruz and Bustamante Mercedes Ruiz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 13, 2013
Sold by
Otero Luis and Otero Maristela
Bought by
Pelletier Jesse
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
4.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2007
Sold by
Trg Columbus Development Venture Ltd
Bought by
Otero Luis E and Otero Maristela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.41%
Mortgage Type
Unknown
Similar Homes in Miami, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quintero Cesar | $830,000 | None Listed On Document | |
| Reyes Guillermo Cruz | $620,000 | Attorney | |
| Pelletier Jesse | $580,000 | Emerald Title Group Inc | |
| Otero Luis E | $523,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quintero Cesar | $664,000 | |
| Previous Owner | Reyes Guillermo Cruz | $422,500 | |
| Previous Owner | Reyes Guillermo Cruz | $263,000 | |
| Previous Owner | Pelletier Jesse | $551,000 | |
| Previous Owner | Otero Luis E | $328,000 | |
| Previous Owner | Otero Luis E | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $830,000 | -2.9% | $628 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | For Sale | $855,000 | -- | $647 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $7,172 | $394,659 | -- | -- |
| 2023 | $7,172 | $383,165 | $0 | $0 |
| 2022 | $6,954 | $372,005 | $0 | $0 |
| 2021 | $6,932 | $361,170 | $0 | $0 |
| 2020 | $6,951 | $361,170 | $0 | $0 |
| 2019 | $8,293 | $380,179 | $0 | $0 |
| 2018 | $8,365 | $390,650 | $0 | $0 |
| 2017 | $8,458 | $390,650 | $0 | $0 |
| 2016 | $9,167 | $411,210 | $0 | $0 |
| 2015 | $8,391 | $411,210 | $0 | $0 |
| 2014 | $8,280 | $357,570 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Celesia
Seller's Agent in 2024
Charles Celesia
Compass Florida, LLC.
(786) 496-2446
8 in this area
57 Total Sales
-
Andres Betancourt
Buyer's Agent in 2024
Andres Betancourt
Keller Williams Capital Realty
(786) 623-8982
1 in this area
13 Total Sales
About This Building
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11672731
APN: 01-4137-060-2520
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