NOT LISTED FOR SALE

5701 Biscayne Blvd Unit 501 Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $317,861 - $439,000

1 Bed
1.5 Baths
915 Sq Ft
1973 Built

Last Sold January 07, 2021

Last sale price $265,000 $290 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,241/month

29 Days on Market

Highlights

  • Intercom to Front Desk
  • Main Floor Bedroom
  • Pool View
  • Morningside K-8 Academy Rated 9+
  • Sauna
  • Community Pool

About This Home

As of January 2021

CONTEMPORARY SOFT LOFY STYLE CONDO IN THE HEART OF MIAMI WHERE MIMO & DESIGN DISTRICT CONVERGE. NEWLY POLISHED CONCRETE FLOORS,
BRAND NEW AC UNIT, EXPOSED CEILINGS, & REMODELED KITCHEN/BATHROOMS GIVE THE CONDO A MODRN & SOPHISTICATED APPEAL. LARGE PRIVATE
BALCONY HAS EAST VIEWS OVERLOOKING THE POOL DECK & MORNINGSIDE LUSH GREENERY. WASHER/DRYER LOCATED INSIDE THE UNIT. MASTER HAS HUGE
WALK-IN CLOSET & THE DINING AREA HAS LARGE FORMAT WINDOWS. THE END UNIT LOCATION OFFERS PRIVACY. MODERN LOBBY & ROOFTOP TERRACE.
BOUTIQUE STYLE BUILDING OFFERS A SAUNA & BBQ/BAR AREA ON THE OPEN ROOFTOP W/ AMAZING VIEWS OF THE CITY. LOW MAINT. FEES! CLOSE PROXIMITY
TO I-95, MULTIPLE PUBLIC PARKS (LEGION / MORNINGSIDE) MEDICAL DISTRICT,MIAMI BEACH,MUSEUM DISTRICT, MIMO, DESIGN DISTRICT, & WYNWOOD.

Last Agent to Sell the Property

Vincent Imburgia

Compass Florida, LLC License #3292591 Listed on: 11/12/2020

Compass Florida, LLC

Last Buyer's Agent

Ines Molleda

MMLS Assoc.-Inactive Member License #3278052

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1973

Parking

  • 1 Car Garage

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 915 Sq Ft Home
  • Entrance Foyer
  • Concrete Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-068-0040

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • The Flats At Morningside Condos
  • The Flats At Morningside Subdivision
  • 9-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Intercom to Front Desk
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $389

Security

  • Card or Code Access
  • Complex Is Fenced
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,625

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: CALL LISTING AGENT & PLEASE USE GPS
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE FLATS AT MORNINGSIDE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: Fire Sprinklers, Entrance Foyer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 915
  • Possible Use: Primary
  • Stories: 9
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE FLATS AT MORNINGSIDE
  • 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 Sprinklers, Complex Fenced, Card Entry, Intercom In Lobby

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-068-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2625

Multi Family

  • Maintenance Expense: 389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 31, 2020
Sold by
Colangelo Damon A
Bought by
Chelz Chloe
Seller's Agent
Vincent Imburgia
Compass Florida, LLC
Buyer's Agent
Ines Molleda
MMLS Assoc.-Inactive Member
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Current Estimated Value
$376,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,465
Avg. Annual Appreciation
7.00%
Original Mortgage
$251,750
Outstanding Balance
$224,688
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$151,777

Purchase Details

Closed on
May 4, 2005
Sold by
Schwartz Daren and Kingsley Jonathan
Bought by
Coangelo Damon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 2004
Sold by
5701 Llc
Bought by
Schwartz Daren and Kingsley Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,400
Interest Rate
4.5%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Chelz Chloe $265,000 Attorney
Coangelo Damon A $233,800 Rapid Title Services Co
Schwartz Daren $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chelz Chloe $251,750
Previous Owner Coangelo Damon A $233,750
Previous Owner Schwartz Daren $97,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $265,000 -5.0% $290 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $279,000 0.0% $305 / Sq Ft
03/27/2019 03/27/19 Rented $1,850 -2.6% --
02/22/2019 02/22/19 Under Contract -- -- --
01/16/2019 01/16/19 For Rent $1,900 -- --
Source: MIAMI REALTORS® MLS

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 $3,385 $216,816 -- --
2024 $3,345 $210,706 -- --
2023 $3,345 $204,569 $0 $0
2022 $3,228 $198,611 $0 $0
2021 $4,097 $192,826 $0 $0
2020 $2,899 $137,733 $0 $0
2019 $2,625 $122,976 $0 $0
2018 $2,430 $122,976 $0 $0
2017 $2,171 $102,480 $0 $0
2016 $581 $54,855 $0 $0
2015 $590 $54,474 $0 $0
2014 $599 $54,042 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vincent Imburgia

    Compass Florida, LLC

    (305) 525-5711

    23 Total Sales

    Vincent Imburgia
    Section Image

  • I

    Buyer's Agent in 2021

    Ines Molleda

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10954885

MIAMI REALTORS® MLS

APN: 01-3218-068-0040

Florida Miami/Dade County Miami 33137 Upper East Side South

5701 Biscayne Blvd Unit 501, Miami, FL

Not Listed for Sale

Condos

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