$950,000
SOLD AUG 24, 2024
3 Beds
2 Baths
1,480 Sq Ft
1990 Built

Recently Sold

$642 Per Sq Ft

24% Below List Price

137 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Penthouse

About This Home

As of August 2024

Best Deal on the beach with Direct Ocean Views! Amazing Ocean Views from every room in this two story 3 BR PH 1480sf. Fantastic Miami Beach location on the sand with total renovation completed Nov 2019. 15ft floor to ceiling windows. Large balcony faces ocean and pool. Pool on the side, sun all day. Parking, pool, fitness center and tennis court. Built in 1990 in what used to be Club area in the days when members of the Rat Pack performed here. Still features a Grand Theatre, a restaurant and a Bar - Lounge. Income producing ($130k 2023) No Rental Restrictions and low cost of ownership. This unit is located on the top (3rd) floor in the quiet south end of the building. New hurricane windows

Last Agent to Sell the Property

Stefan Latt

Florida Capital Realty License #3233282 Listed on: 03/14/2024

Florida Capital Realty

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,233

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • East Facing Home

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Video Cameras
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Additional Features

  • Energy-Efficient Appliances
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-021-5030

Community Details

Overview

  • Property has a Home Owners Association
  • Castle Beach Club Condos
  • Castle Beach Club Condo Subdivision

Amenities

  • Doorman
  • Bar or Lounge
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,998

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,233

Year Built

Built in 1990 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access, Beach
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CASTLE BEACH CLUB CONDO
  • Year Built Details: Condo-Conversion
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Furnished, Unfurnished, Turn Key Furnished
  • Living Area: 1480
  • Possible Use: Investment
  • Stories: 3
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Upstairs
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CASTLE BEACH CLUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Fire Alarm, Guard At Site, Security Patrol, TV Camera

Condo/Co-op/Association

  • Amenities: Bar, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-021-5030
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1998

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Aug 15, 2024
Sold by
Jo Luxury Properties Llc
Bought by
Joshi Geeta
Seller's Agent
Stefan Latt
Florida Capital Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,245,000
Sold Price
$950,000
Premium/Discount to List
-$295,000
-23.69%
Total Days on Market
137
Views
57
Current Estimated Value
$885,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,925
Avg. Annual Appreciation
-8.78%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Dec 24, 2013
Sold by
Desjardins Florida Loan Center Inc
Bought by
Jo Luxury Properties Llc
Seller's Agent
Joseph Sutton
Wall Street Servicing & Mtg.
Buyer's Agent
Joseph Sutton
Wall Street Servicing & Mtg.
List Price
$469,500
Sold Price
$505,000
Premium/Discount to List
$35,500
7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
May 3, 2011
Sold by
Nazarova Anissa
Bought by
Desjardins Florida Loan Center Inc

Purchase Details

Closed on
May 17, 2009
Sold by
Nazarova Anisa
Bought by
Russo Lilia B

Purchase Details

Closed on
Nov 26, 2002
Sold by
Cohen Oren
Bought by
Nazarova Anissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
6%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Alvarez Manuel A and Alvarez Manuel A
Bought by
David Nathalie

Purchase Details

Closed on
Jun 14, 1994
Sold by
Crescent Heights 10 Inc
Bought by
Alvarez Manuel A and Alvarez Manuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
8.52%
Source: Public Records

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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 $950,000 Highpoint Title
Warranty Deed $505,000 Attorney
Trustee Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $373,200 --
Warranty Deed $240,000 --
Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $279,900 No Value Available
Previous Owner $134,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2024 08/24/24 Sold $950,000 -23.7% $642 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,245,000 +146.5% $841 / Sq Ft
01/04/2014 01/04/14 Sold $505,000 +7.6% $316 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $469,500 -- $293 / 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
2024 $9,461 $530,222 -- --
2023 $9,461 $482,020 $0 $0
2022 $8,233 $438,200 $0 $0
2021 $8,059 $405,524 $0 $0
2020 $7,632 $438,100 $0 $0
2019 $6,709 $365,110 $0 $0
2018 $6,136 $365,110 $0 $0
2017 $5,891 $276,980 $0 $0
2016 $4,891 $251,800 $0 $0
2015 $4,989 $251,800 $0 $0
2014 $6,821 $335,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11550304

MIAMI REALTORS® MLS

APN: 02-3214-021-5030