NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,405,000

2 Beds
2 Baths
1,322 Sq Ft
$964/mo HOA Fee

Last Sold June 06, 2015

Last sale price $615,000 $465 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,122/month

458 Days on Market

Highlights

  • Doorman
  • 2-minute walk to First Street
  • Fitness Center
  • Ocean View
  • Property fronts an intracoastal waterway
  • 5-minute walk to Bayfront Park

About This Home

As of June 2015

FANTASTIC PANORAMIC VIEW OVERLOOKING BISCAYNE BAY; PORT OF MIAMI; FISHER ISLAND ; SOUTH BEACH;AMAZING 2/2 PLUS DEN EASILY TURN TO A 3rd BEDROOM IN THE HEART OF DOWNTOWN MIAMI, SPLIT PLAN, MRBLE BTH WITH JACCUZZI CERAMIC FLOORS,WALKING DISTANCE TO BAYSIDE MARKET, SHOPS AND RESTAURANTS, TENANT OCCUPIED, RENTED $3200, LEASE ENDS ON DEC 16, 2015.

Last Agent to Sell the Property

Ygal Bénichay

Rich Homes of Florida License #3158929 Listed on: 02/08/2014

Co-Listed By

Brigitte Benichay

Rich Homes of Florida License #3005825

Last Buyer's Agent

Paola Nucci

Low Mango Corp License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,621

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $964 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,322 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-060-2720

Community Details

Overview

  • 523 Units
  • High-Rise Condominium
  • 50 Biscayne Condos
  • 54-Story Property

Amenities

  • Doorman
  • Trash Chute

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,621

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

HOA Fees

$964 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 44
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1322
  • Possible Use: Unknown/Withheld
  • Stories: 54
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • 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
  • Security: Fire Alarm, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 964
  • Amenities: Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-060-2720
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 964
  • Number Of Units In Community: 523
  • Number Of Units Total: 523

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2014
Closed on
May 22, 2015
Sold by
Stepane Llc
Bought by
Palmett Investments Llc
Seller's Agent
Ygal Bénichay
Rich Homes of Florida
Buyer's Agent
Paola Nucci
Low Mango Corp
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%
Current Estimated Value
$935,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,654
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Blin Patrick
Bought by
Stepane Llc

Purchase Details

Closed on
May 21, 2008
Sold by
Trg Columbus Development Venture Ltd
Bought by
Blin Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,800
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Palmett Investments Llc $615,000 Attorney
Stepane Llc -- None Available
Blin Patrick $546,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blin Patrick $382,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2015 06/06/15 Sold $615,000 +19118.8% $465 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
11/24/2014 11/24/14 Rented $3,200 -8.6% --
11/24/2014 11/24/14 For Rent $3,500 0.0% --
02/08/2014 02/08/14 For Sale $649,000 0.0% $491 / Sq Ft
03/01/2013 03/01/13 Rented $3,400 +6.3% --
01/30/2013 01/30/13 Under Contract -- -- --
01/17/2013 01/17/13 For Rent $3,200 -- --
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 $11,894 $559,302 -- --
2024 $11,260 $508,457 -- --
2023 $11,260 $462,234 $0 $0
2022 $9,237 $420,213 $0 $0
2021 $8,295 $382,012 $0 $0
2020 $8,315 $382,012 $0 $0
2019 $8,772 $402,118 $0 $0
2018 $8,865 $413,982 $0 $0
2017 $8,964 $413,982 $0 $0
2016 $9,715 $435,770 $0 $0
2015 $9,334 $398,695 $0 $0
2014 $8,525 $362,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1905038

MIAMI REALTORS® MLS

APN: 01-4137-060-2720