NOT LISTED FOR SALE

Estimated Value: $1,263,000 - $1,734,000

3 Beds
2.5 Baths
1,980 Sq Ft
$1,469/mo HOA Fee

Last Sold December 17, 2019

Last sale price $1,075,000 $543 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,569/month

110 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • North Beach Elementary School Rated A-
  • Newly Remodeled
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of December 2019

FOR BACK-UP OFFERS, PLEASE CALL LISTING AGENT. Best priced unit in the most desirable lines of the building. In addition, the Special Assessment was paid in full. Enjoy the Sunrise from every room since you will have the unobstructed view of the Ocean; you can also enjoy beautiful Sunsets from the Northeast balcony. The Unit has 3 large balconies. The building is located in one of the best beach areas in the City of Miami Beach. Marble floors, carpet in bedrooms, electric shutters, laundry room inside the unit. The building offers Beach Service, Valet, Security, 2 Pools, Jacuzzi, Gyms, Saunas and Steam Rooms and Bicycle Area.
BRING YOUR OFFER!!!!!

Last Agent to Sell the Property

Olga Roque

Beachfront Realty Inc License #3351124 Listed on: 06/14/2019

Beachfront Realty Inc

Last Buyer's Agent

Olga Roque

Beachfront Realty Inc License #3351124 Listed on: 06/14/2019

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,764

Year Built

  • Built in 1991 | Newly Remodeled

HOA Fees

  • $1,469 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Property Views

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,980 Sq Ft Home
  • Electric Shutters
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-057-1050

Community Details

Overview

  • High-Rise Condominium
  • Lexcellence Condo
  • Lexcellence Condo Subdivision
  • 24-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Business Center
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,764

Year Built

Built in 1991 | Newly Remodeled

Lot Details

0

HOA Fees

$1,469 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LEXCELLENCE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Storage, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1980
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 24
  • Window Features: Electric Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Intracoastal View, Direct Ocean, Water View
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LEXCELLENCE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1469
  • Amenities: Billiard Room, Barbecue, Business Center, Elevator(s), Exercise Room, Storage, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-057-1050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1469

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Dec 17, 2019
Sold by
Salcines Rita
Bought by
Nachumow Jorge Silberstein
Seller's Agent
Olga Roque
Beachfront Realty Inc
Buyer's Agent
Olga Roque
Beachfront Realty Inc
List Price
$1,324,000
Sold Price
$1,075,000
Premium/Discount to List
-$249,000
-18.81%
Current Estimated Value
$1,446,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,858
Avg. Annual Appreciation
6.53%
Original Mortgage
$967,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 1995
Sold by
Ricamar Corp
Bought by
Cavaco Corp
Source: Public Records

Range of Values:

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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
Nachumow Jorge Silberstein $1,075,000 Attorney
Cavaco Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nachumow Jorge Silberstein $956,250
Closed Nachumow Jorge Silberstein $967,500
Previous Owner Salcines Rita $226,000
Previous Owner Salcines Gerardo $249,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $1,075,000 -15.8% $543 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
08/25/2019 08/25/19 Price Changed $1,276,960 -3.5% $645 / Sq Ft
07/12/2019 07/12/19 Price Changed $1,323,901 0.0% $669 / Sq Ft
07/06/2019 07/06/19 Price Changed $1,323,910 0.0% $669 / Sq Ft
06/26/2019 06/26/19 Price Changed $1,323,991 0.0% $669 / Sq Ft
06/07/2019 06/07/19 For Sale $1,324,000 -- $669 / 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
2025 $16,708 $957,327 -- --
2024 $16,291 $930,347 -- --
2023 $16,291 $903,250 $0 $0
2022 $15,702 $876,942 $0 $0
2021 $15,649 $851,400 $0 $0
2020 $16,483 $851,400 $0 $0
2019 $10,264 $570,954 $0 $0
2018 $9,764 $560,309 $0 $0
2017 $9,673 $548,785 $0 $0
2016 $9,652 $537,498 $0 $0
2015 $9,775 $533,762 $0 $0
2014 $9,942 $529,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10691328

MIAMI REALTORS® MLS

APN: 02-3211-057-1050