NOT LISTED FOR SALE

505 74th St Unit B-7 Miami Beach, FL 33141

North Shore Neighborhood

Estimated Value: $190,000 - $242,000

1 Bed
1 Bath
531 Sq Ft
1952 Built

Sale Details

Date Sold: June 13, 2017

Last sale price $150,000 $282 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,690 / mo

15 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Impact Glass
  • Balcony
  • Porch
  • 4-minute walk to Parkview Annex

About This Home

As of June 2017

MODERN RENOVATION ON THIS MID-CENTURY NORTH BCH BLDG, ONLY STEPS AWAY FROM THE SAND, RESTAURANTS AND ENTERTAINMENT. THIS SPACIOUS LOFT. LIVES LARGE WITH THE SLEEPING QUARTERS TUCKED AWAY TO THE SIDE OF THE LIVING ROOM, LIABLE RENTAL POLICY, PETS OK. EXT. ENTRY, IMPACT DOOR AND WINDOWS, ROOF 1 YR, CBS BLOCK, WOOD FLOORS, GAS RANGE, NEW A/C UNIT. STYLISHLY, LOCATION LOCATION UNDER $200K

Last Agent to Sell the Property

Ron Spradlin

Inactive Member License #3042917 Listed on: 03/19/2017

Last Buyer's Agent

Luiz Cavalcanti

Compass Florida, LLC License #3266495

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1952

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 531 Sq Ft Home
  • Fireplace
  • Wood Flooring
  • Home Security System

Kitchen

  • Oven
  • Gas Range

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-115-0140

Community Details

Overview

  • Association fees include common areas, hot water, insurance, roof, sewer, trash, water
  • The Lofts At Byron Subdivision, Renovated Floorplan
  • 11-Story Property

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,907

Year Built

Built in 1952

Lot Details

0 Sq Ft Lot

HOA Fees

$305 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: NORTH BEACH MIAMI, FROM A1A JUST 3 BLOCKS WEST ON 74TH STREET.
  • Year Built: 1952
  • Entry Level: 1
  • New Construction: No
  • Building Stories: 11
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 11

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Appliances: Electric Range, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier
  • Full Bathrooms: 1
  • Entry Location: First Floor Entry
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 531.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Security System
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 305.0
  • Senior Community: No
  • Association #2 Fee: 305.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Hot Water, Insurance, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 02-32-02-115-0140
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2017
Closed on
Jun 13, 2017
Sold by
Harrity Edmund M
Bought by
Goodman Prentis and Beltran Nixon Javier
Seller's Agent
Ron Spradlin
Inactive Member
Buyer's Agent
Luiz Cavalcanti
Compass Florida, LLC
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%
Current Estimated Value
$213,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,054
Avg. Annual Appreciation
4.07%
Original Mortgage
$101,500
Outstanding Balance
$84,427
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$128,627

Purchase Details

Listed on
Feb 3, 2015
Closed on
Mar 9, 2015
Sold by
Ia Miami Llc
Bought by
Harrity Edmund Michael
Seller's Agent
Joseph Stumpf
Beachfront Realty Inc
Buyer's Agent
Ron Spradlin
Charles Rutenberg Realty LLC
List Price
$119,900
Sold Price
$119,500
Premium/Discount to List
-$400
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Sep 7, 2012
Sold by
I & I Realty Llc
Bought by
Ia Miami Llc

Purchase Details

Closed on
Feb 21, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
I & I Realty Llc

Purchase Details

Closed on
Dec 21, 2011
Sold by
Valderrama Olga Gigliola
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 8, 2005
Sold by
Goncalves Rejane
Bought by
Valderrama Olga Gigliola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,405
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2004
Sold by
Invertrust Investment Corp
Bought by
Goncalves Rejane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
3.67%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goodman Prentis $150,000 Sunbelt Title Agency
Harrity Edmund Michael $119,000 Gibraltar Title Inc
Ia Miami Llc -- None Available
I & I Realty Llc $65,000 Attorney
Deutsche Bank National Trust Company $47,200 None Available
Valderrama Olga Gigliola $169,900 Tlc Title Company Of Fl Inc
Goncalves Rejane G $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Prentis $101,500
Previous Owner Valderrama Olga Gigliola $161,405
Previous Owner Goncalves Rejane G $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2017 06/13/17 Sold $150,000 -16.2% $282 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $179,000 +49.8% $337 / Sq Ft
03/10/2015 03/10/15 Sold $119,500 -3.6% $225 / Sq Ft View Prior Sale
02/07/2015 02/07/15 Pending -- -- --
02/06/2015 02/06/15 Price Changed $123,900 +3.3% $233 / Sq Ft
02/03/2015 02/03/15 For Sale $119,900 -- $226 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $2,845 $160,514 -- --
2024 $2,668 $145,922 -- --
2023 $2,668 $132,657 $0 $0
2022 $2,266 $120,598 $0 $0
2021 $2,218 $114,855 $0 $0
2020 $2,323 $120,000 $0 $0
2019 $2,325 $120,000 $0 $0
2018 $2,257 $120,000 $0 $0
2017 $2,262 $107,984 $0 $0
2016 $1,907 $98,168 $0 $0
2015 $1,303 $52,114 $0 $0
2014 $963 $47,377 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ron Spradlin

    Inactive Member

    Section Image
  • Luiz Cavalcanti

    Buyer's Agent in 2017

    Luiz Cavalcanti

    Compass Florida, LLC

    (305) 807-9365

    3 in this area

    27 Total Sales

    Luiz Cavalcanti
    Section Image
  • Joseph Stumpf

    Seller's Agent in 2015

    Joseph Stumpf

    Beachfront Realty Inc

    (305) 534-4242

    1 in this area

    23 Total Sales

    Joseph Stumpf
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10059068

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3202-115-0140

Florida Miami/Dade County Miami Beach 33141 North Shore

505 74th St Unit B-7, Miami Beach, FL

Not Listed for Sale

Condos

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