NOT LISTED FOR SALE

50 Biscayne Blvd, Unit 2504 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $733,000 - $764,143

2 Beds
2 Baths
1,357 Sq Ft
2007 Built

Last Sold May 04, 2020

Last sale price $440,000 $324 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,106/month

410 Days on Market

Highlights

  • Water Views
  • 2-minute walk to First Street
  • Balcony
  • Clubhouse
  • Community Pool
  • 4-minute walk to Bayfront Park

About This Home

As of May 2020

Great location. In the heart of Miami action. Walking distance from American Airlines Arena. Unobstructed view.

Last Agent to Sell the Property

Ignacio Guerrero

Blue Global Realty Corp License #3248477 Listed on: 10/30/2018

Last Buyer's Agent

Nicholas Ramirez

Edge 1 Realty License #3331957

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,822

Year Built

  • Built in 2007

Parking

  • 1 Car Garage

Interior Spaces

  • 1,357 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-060-1590

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • 50 Biscayne Condos
  • 50 Biscayne Condo Subdivision
  • 50-Story Property

Recreation

Pet Policy

  • Dogs Allowed

Security

  • Secure Elevator
  • Secure Stairs
  • Fire Sprinkler System

Additional Features

  • Maintenance Expense $960

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,822

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Great location. In the heart of Miami action. Walking distance from American Airlines Arena. Unobstructed view.
  • Entry Level: 25
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 50 BISCAYNE CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1357
  • Possible Use: Primary
  • Stories: 50
  • Bedroom Features: Other

Exterior Features

  • View: Other View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 50 Biscayne
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Elevator Secure, Other, Stairs Secured

Condo/Co-op/Association

  • Amenities: Clubhouse-Clubroom, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-060-1590
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 960

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
May 4, 2020
Sold by
50 Biscayne 2504 Corporation
Bought by
Paredes Ernesto
Seller's Agent
Ignacio Guerrero
Blue Global Realty Corp
Buyer's Agent
Nicholas Ramirez
Edge 1 Realty
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Current Estimated Value
$826,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,229
Avg. Annual Appreciation
12.23%
Original Mortgage
$330,000
Outstanding Balance
$235,238
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$573,928

Purchase Details

Closed on
Mar 29, 2010
Sold by
Rla 50 Biscayne Llc
Bought by
50 Biscayne 2504 Corporation
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
Paredes Ernesto $440,000 Sunbelt Title Agency
50 Biscayne 2504 Corporation $440,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Ernesto $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $440,000 -9.3% $324 / Sq Ft
01/24/2020 01/24/20 For Sale $485,000 0.0% $357 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $485,000 -- $357 / 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 $7,242 $407,309 -- --
2024 $7,196 $395,830 -- --
2023 $7,196 $384,301 $0 $0
2022 $6,977 $373,108 $0 $0
2021 $6,955 $362,241 $0 $0
2020 $7,885 $362,241 $0 $0
2019 $8,318 $381,306 $0 $0
2018 $8,595 $401,375 $0 $0
2017 $8,691 $401,375 $0 $0
2016 $9,419 $422,500 $0 $0
2015 $9,050 $386,558 $0 $0
2014 $8,265 $351,417 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2020

    Ignacio Guerrero

    Blue Global Realty Corp

    (305) 415-0060

    6 Total Sales

    Section Image
  • Nicholas Ramirez

    Buyer's Agent in 2020

    Nicholas Ramirez

    Edge 1 Realty

    (305) 915-5836

    1 in this area

    49 Total Sales

    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10563350

MIAMI REALTORS® MLS

APN: 01-4137-060-1590

Florida Miami/Dade County Miami 33132 Downtown Miami

50 Biscayne Blvd Unit 2504, Miami, FL

This home is located at 50 Biscayne Blvd Unit 2504, Miami, FL 33132 since 30 October 2018 and is currently estimated at $748,036, approximately $551 per square foot. This property was built in 2007. 50 Biscayne Blvd Unit 2504 is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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