$360,000
SOLD FEB 18, 2025 RENTED MAY 7, 2025
-- Bed
1 Bath
501 Sq Ft
$528/mo HOA Fee

Recently Sold

$719 Per Sq Ft

10% Below List Price

23 Days on Market

Highlights

  • Valet Parking
  • 2-minute walk to Bayfront Park
  • Clubhouse
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • 3-minute walk to Bayfront Park

About This Home

As of February 2025

Indulge in the DIRECT BAY VIEW from the balcony of this fully furnished studio in the heart of Downtown Miami. This is a lucrative opportunity for investors as it allows for 30-day leases. The location is unparalleled being directly across from Bayfront Park and a short distance to Bayside Marketplace, Kaseya Center, and Adrienne Arsht Center for the Performing Arts. Whole Foods, Miami Worldcenter, and Brickell City Centre are easily accessed by Metromover which stops right in front of the building. This spectacular building has it all boasting premiere amenities such as an infinity-edge pool, private cabanas, spa, fitness center, 24-hour concierge, and more. Unit has washer/dryer
inside, and one assigned parking space on the same floor. Welcome to the vibrant life of
Downtown Miami.

Last Agent to Sell the Property

Therese Drakeley-Smith

BHHS EWM Realty License #0671321 Listed on: 12/17/2024

BHHS EWM Realty

Last Buyer's Agent

Shakira Sanchez

Douglas Elliman License #3333776

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 2007

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 501 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Blinds
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Douglass; Frederick Elementary School
  • De Diego; Jose Middle School
  • Washington; Brooker T High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-060-4750

Community Details

Overview

  • High-Rise Condominium
  • 50 Biscayne Condo
  • 50 Biscayne Condo Subdivision
  • Property has 1 Level

Amenities

  • Valet Parking
  • Trash Chute
  • Billiard Room
  • Secure Lobby
  • Interior Hall

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,872

Year Built

Built in 2007

Lot Details

0

HOA Fees

$528 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Located on the west side of Biscayne Boulevard just north of Flagler Street. Enter the property address into your GPS and follow the directions to the property.
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 50 BISCAYNE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, Other
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 501
  • Possible Use: Unknown/Withheld
  • Stories: 54
  • Window Features: Complete Impact Glass, Blinds, Drapes, Impact Glass
  • Bedroom Features: Entry Level
  • 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

  • Attached Garage: Yes
  • Park Building Name: 50 BISCAYNE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 528
  • Amenities: Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Douglass; Frederick
  • High School: Washington; Brooker T
  • Middle Or Junior School: de Diego; Jose

Lot Info

  • Parcel Number: 01-41-37-060-4750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Feb 18, 2025
Sold by
Pa De Azevedo Llc
Bought by
Citizen Pllc
Seller's Agent
Therese Drakeley-Smith
BHHS EWM Realty
Buyer's Agent
Shakira Sanchez
Douglas Elliman
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Views
7
Current Estimated Value
$348,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,089
Avg. Annual Appreciation
-5.34%
Original Mortgage
$242,900
Outstanding Balance
$241,879
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$107,032

Purchase Details

Closed on
Mar 12, 2015
Sold by
Urreiztieta Victor and Hurtado Jose Luis Garnica
Bought by
P A De Azevedo Llc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Urreiztleta Victor
Bought by
Urreiztleta Victor and Hurtado Jose Luis Garnica

Purchase Details

Closed on
Feb 13, 2008
Sold by
Trg Columbus Development Venture Ltd
Bought by
Urreiztieta Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,320
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed $265,000 Market Title Llc
Quit Claim Deed $121,121 Attorney
Special Warranty Deed $307,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,900 New Conventional
Previous Owner $246,320 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Rented $2,400 0.0% --
03/19/2025 03/19/25 For Rent $2,400 0.0% --
02/18/2025 02/18/25 Sold $360,000 +13746.2% $719 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/07/2025 01/07/25 Under Contract -- -- --
01/01/2025 01/01/25 Rented $2,600 0.0% --
12/17/2024 12/17/24 For Sale $399,000 0.0% $796 / Sq Ft
12/02/2024 12/02/24 For Rent $2,600 -- --
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 $4,871 $247,813 -- --
2024 $4,673 $225,285 -- --
2023 $4,673 $204,805 $0 $0
2022 $4,015 $186,187 $0 $0
2021 $3,675 $169,261 $0 $0
2020 $3,684 $169,261 $0 $0
2019 $3,887 $178,169 $0 $0
2018 $4,385 $204,792 $0 $0
2017 $4,434 $204,792 $0 $0
2016 $4,806 $215,570 $0 $0
2015 $4,894 $215,570 $0 $0
2014 $4,619 $196,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11710851

MIAMI REALTORS® MLS

APN: 01-4137-060-4750