NOT LISTED FOR SALE

5701 Biscayne Blvd Unit 702 Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $369,000 - $711,000

2 Beds
2 Baths
1,474 Sq Ft
$540/ mo HOA Fee

Last Sold November 21, 2012

Last sale price $120,000 $81 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $4,045/month

15 Days on Market

Highlights

  • Bar or Lounge
  • Bay View
  • Community Pool
  • Morningside K-8 Academy Rated 9+
  • Sauna
  • Card or Code Access

About This Home

As of November 2012

Unapproved short sale, 2 Bedrooms/2 Bath. Excellent location at Biscayne corridor. Close to Arts gallery, Restaurants and Bar. Building renovated entertainment area, pool, sauna and bar. Close to Midtown Miami and Design District. This unit has 2 parking spaces. TENANT OCCUPIED, SHOWINGS AFTER JULY 27TH, 2011

Last Agent to Sell the Property

Kevin Veilleux

Keller Williams Eagle Realty License #0523161 Listed on: 06/30/2011

Keller Williams Eagle Realty

Last Buyer's Agent

Kevin Veilleux

Keller Williams Eagle Realty License #0523161 Listed on: 06/30/2011

Keller Williams Eagle Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1973

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,474 Sq Ft Home
  • Concrete Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-068-0140

Community Details

Overview

  • Mid-Rise Condominium
  • The Flats At Morningside Condos
  • 11-Story Property

Amenities

  • Sauna
  • Bar or Lounge

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,596

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$540 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Entry Level: 7
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 120000
  • InternetRemarks: Unapproved short sale, 2 Bedrooms/2 Bath. Excellent location at Biscayne corridor. Close to Arts gallery, Restaurants and Bar. Building renovated.
  • Special Features: 12

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 1474
  • Possible Use: Investment
  • Stories: 11
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Water View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: The Flats at Morningside
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 540
  • Amenities: Bar, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-068-0140

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2596

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2011
Closed on
Nov 21, 2012
Sold by
Marrero Juan
Bought by
Rodriguez Raul
Seller's Agent
Kevin Veilleux
Keller Williams Eagle Realty
Buyer's Agent
Kevin Veilleux
Keller Williams Eagle Realty
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Current Estimated Value
$559,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,048
Avg. Annual Appreciation
12.24%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Aguirreche Francisco Borja
Bought by
Marrero Juan

Purchase Details

Closed on
Apr 13, 2006
Sold by
Marrero Juan
Bought by
Marrero Juan and Aguirreche Francisco Borja

Purchase Details

Closed on
Sep 14, 2005
Sold by
Rahimi Atoussa
Bought by
Marrero Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rodriguez Raul $120,000 Attorney
Marrero Juan -- Attorney
Marrero Juan -- Attorney
Marrero Juan $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrero Juan $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $120,000 -13.7% $81 / Sq Ft
07/29/2011 07/29/11 Pending -- -- --
07/13/2011 07/13/11 For Sale $139,000 -- $94 / Sq Ft
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 $7,147 $327,644 -- --
2024 $6,566 $297,859 -- --
2023 $6,566 $270,781 $0 $0
2022 $5,458 $246,165 $0 $0
2021 $5,257 $223,787 $0 $0
2020 $5,100 $311,028 $0 $0
2019 $4,611 $277,704 $0 $0
2018 $4,259 $277,704 $0 $0
2017 $4,111 $152,851 $0 $0
2016 $4,049 $138,956 $0 $0
2015 $3,357 $126,324 $0 $0
2014 $3,270 $114,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Veilleux

    Seller's Agent in 2012

    Kevin Veilleux

    Keller Williams Eagle Realty

    (305) 776-6505

    61 Total Sales

    Kevin Veilleux
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1526880

MIAMI REALTORS® MLS

APN: 01-3218-068-0140

Florida Miami/Dade County Miami 33137 Upper East Side South

5701 Biscayne Blvd Unit 702, Miami, FL

Not Listed for Sale

Condos

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