NOT LISTED FOR SALE

Estimated Value: $787,000 - $937,000

2 Beds
2 Baths
1,357 Sq Ft
$1,142/mo HOA Fee

Last Sold November 01, 2023

Last sale price $850,000 $626 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,933/month

52 Days on Market

Highlights

  • Community Cabanas
  • 2-minute walk to First Street
  • Intercom to Front Desk
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • 4-minute walk to Bayfront Park

About This Home

As of November 2023

WOW !! Beautiful 2 bed 2 bath PLUS den unit. Facing east, this specious unit has direct breath-taking views of Biscayne Bay, Miami Beach and Ocean. One of the most desired floor plans in one of the most iconic buildings downtown. These units NEVER last long.
Ideally located directly across from Bay Front Park. Walking distance to Whole Foods, Arena, and Museums with easy access in/out of city and metro.
Building offers first class amenities (Olympic sized pool, fitness center, true spa), Deeded parking, 24/7 concierge/valet and security.
Do not miss this incredible opportunity.

Last Agent to Sell the Property

John Taylor

Cervera Real Estate Inc License #3454458 Listed on: 06/22/2023

Cervera Real Estate Inc

Last Buyer's Agent

Javier Lopez

Cervera Real Estate Inc License #3359520

Cervera Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,265

Year Built

  • Built in 2007

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,142 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,357 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-060-3590

Community Details

Overview

  • High-Rise Condominium
  • 50 Biscayne Condos
  • 50 Biscayne Subdivision, 2 Bed + Den / 2Bath Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 54-Story Property

Amenities

  • Trash Chute
  • Community Kitchen
  • Intercom to Front Desk

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,265

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,142 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 37
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: 2 bed + den / 2bath
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 50 BISCAYNE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Lobby, Elevator, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1357
  • Possible Use: Unknown/Withheld
  • Stories: 54
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 50 BISCAYNE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Deeded, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Elevator Secure, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1142
  • Amenities: Cabana, Exercise Room, Heated Pool, Kitchen Facilities, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-060-3590
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 10, 2023
Sold by
Saad Ali Ghazi
Bought by
Rubi Pedro Ignacio and Garcia Cruz Maria
Seller's Agent
John Taylor
Cervera Real Estate Inc
Buyer's Agent
Javier Lopez
Cervera Real Estate Inc
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Views
46
Current Estimated Value
$833,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,959
Avg. Annual Appreciation
2.79%

Purchase Details

Listed on
Apr 3, 2020
Closed on
Jul 15, 2020
Sold by
Cabrera Carlos and Cabrera Cassandra
Bought by
Saad Ali Ghazi
Seller's Agent
Alex Fernandez-Pascual
Fortune Christie's International Real Estate
Buyer's Agent
Salman Ali
Interinvestments Realty, Inc.
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Original Mortgage
$475,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2018
Closed on
Mar 22, 2019
Sold by
Rich Bull Llc
Bought by
Cabrera Carlos and Cabrera Cassandra
Seller's Agent
Patricia Dunn
Great Miami Realty Group, LLC
Buyer's Agent
Alex Fernandez-Pascual
Fortune Christie's International Real Estate
List Price
$557,500
Sold Price
$500,000
Premium/Discount to List
-$57,500
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$375,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Saavedra Erick
Bought by
Rich Bull Llc

Purchase Details

Listed on
Jun 24, 2013
Closed on
Mar 14, 2014
Sold by
The Supper Club South Beach Llc
Bought by
Saavedra Erick
Seller's Agent
Matt McMillan
Coldwell Banker Realty
Buyer's Agent
Patricia Dunn
Great Miami Realty Group, LLC
List Price
$639,000
Sold Price
$600,000
Premium/Discount to List
-$39,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$360,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2012
Closed on
Apr 23, 2012
Sold by
Coakley Peter
Bought by
Supper Club Llc
Seller's Agent
Matt McMillan
Coldwell Banker Realty
Buyer's Agent
Maria Sifuentes
South Pointe Drive Realty Inc
Sold Price
$2,700

Purchase Details

Listed on
Apr 20, 2012
Closed on
Apr 16, 2012
Sold by
Seza Reo Group Llc
Bought by
Coakley Peter
Seller's Agent
Matt McMillan
Coldwell Banker Realty
Buyer's Agent
Maria Sifuentes
South Pointe Drive Realty Inc
Sold Price
$2,700

Purchase Details

Closed on
Jan 11, 2012
Sold by
Reggio 3708 Group Corp
Bought by
Seza Reo Group Llc

Purchase Details

Closed on
Aug 26, 2008
Sold by
Rla 50 Biscayne Llc
Bought by
Reggio 3708 Group Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,140
Interest Rate
6.75%
Mortgage Type
Unknown
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
Rubi Pedro Ignacio $850,000 New Dawn Title
Saad Ali Ghazi $500,000 Nu World Title Llc
Cabrera Carlos $500,000 Servicelink Llc
Rich Bull Llc -- None Available
Saavedra Erick $600,000 Clear Title Group Llc
Supper Club Llc -- Attorney
Coakley Peter $476,000 Attorney
Seza Reo Group Llc $300,200 None Available
Reggio 3708 Group Corp $556,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saad Ali Ghazi $475,000
Previous Owner Cabrera Carlos $375,000
Previous Owner Rich Bull Llc $392,000
Previous Owner The Supper Club South Beach Llc $360,000
Previous Owner Reggio 3708 Group Corp $334,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $850,000 -2.9% $626 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $875,000 +75.0% $645 / Sq Ft
07/16/2020 07/16/20 Sold $500,000 -8.9% $368 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $549,000 +9.8% $405 / Sq Ft
03/22/2019 03/22/19 Sold $500,000 -9.9% $368 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $555,000 +8.8% $409 / Sq Ft
12/31/2018 12/31/18 Price Changed $510,000 -3.8% $376 / Sq Ft
12/04/2018 12/04/18 Price Changed $530,000 -3.5% $391 / Sq Ft
11/30/2018 11/30/18 Price Changed $549,000 -1.5% $405 / Sq Ft
10/03/2018 10/03/18 For Sale $557,500 0.0% $411 / Sq Ft
10/01/2017 10/01/17 Rented $3,400 -2.9% --
08/25/2017 08/25/17 Under Contract -- -- --
07/01/2017 07/01/17 For Rent $3,500 +12.9% --
03/01/2017 03/01/17 Rented $3,100 -4.6% --
02/03/2017 02/03/17 Under Contract -- -- --
01/11/2017 01/11/17 For Rent $3,250 -4.4% --
02/01/2015 02/01/15 Rented $3,400 -2.9% --
01/02/2015 01/02/15 Under Contract -- -- --
12/15/2014 12/15/14 For Rent $3,500 0.0% --
03/14/2014 03/14/14 Sold $600,000 0.0% $442 / Sq Ft
10/01/2013 10/01/13 Rented $2,900 -3.3% --
09/01/2013 09/01/13 Under Contract -- -- --
08/12/2013 08/12/13 For Rent $3,000 0.0% --
06/24/2013 06/24/13 For Sale $639,000 0.0% $471 / Sq Ft
09/10/2012 09/10/12 Rented $2,800 -6.7% --
09/10/2012 09/10/12 For Rent $3,000 +11.1% --
06/06/2012 06/06/12 Rented $2,700 -10.0% --
05/07/2012 05/07/12 Under Contract -- -- --
04/17/2012 04/17/12 For Rent $3,000 -- --
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 $14,764 $678,150 -- --
2024 $7,492 $721,436 -- --
2023 $7,492 $398,381 $0 $0
2022 $7,265 $386,778 $0 $0
2021 $7,244 $375,513 $0 $0
2020 $7,263 $375,513 $0 $0
2019 $8,623 $395,277 $0 $0
2018 $8,910 $416,081 $0 $0
2017 $9,009 $416,081 $0 $0
2016 $9,764 $437,980 $0 $0
2015 $9,944 $437,980 $0 $0
2014 $8,568 $364,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11407889

MIAMI REALTORS® MLS

APN: 01-4137-060-3590