NOT LISTED FOR SALE

Estimated Value: $542,268 - $884,000

2 Beds
2 Baths
1,208 Sq Ft
1970 Built

Last Sold August 08, 2014

Last sale price $389,000 $322 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,377/month

Highlights

  • Ocean View
  • Dock Available
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Full Time Lobby Attendant
  • Fitness Center

About This Home

As of July 2021

Stunning 2 bedroom 2 bath unit with breathtaking views! Completely renovated condo on Millionaire Row just across the Beach. Granite counter, stainless steel appliance. Enjoy the sunrise from your confortable balcony and the Sunsets from the Pool overlooking the Bay, Assigned parking, 24hs frontdesk. Very easy to show. Show and Rent!!!!

Last Agent to Rent the Property

Maria Breard

Coldwell Banker Realty License #3085211 Listed on: 06/28/2021

Coldwell Banker Realty

Last Renter's Agent

Maria Breard

Coldwell Banker Realty License #3085211 Listed on: 06/28/2021

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,406

Year Built

  • Built in 1970

Lot Details

  • East Facing Home

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,208 Sq Ft Home
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Car Parking Space
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Dock Available
  • Balcony

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • Well

Listing and Financial Details

  • Property Available on 7/1/21
  • Assessor Parcel Number 02-32-11-024-0590

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • 5838 Condominium Condos
  • 5838 Condominium,Regency Towers Subdivision

Amenities

  • Full Time Lobby Attendant
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,406

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2021-07-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available, Dock Available
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 5838 CONDOMINIUM,Regency Towers
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1208
  • Other Equipment: Elevator

Exterior Features

  • View: Bay, Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 5838 CONDOMINIUM
  • Parking Features: 1 Space, Assigned, Limited # Of Vehicle

Utilities

  • Sewer: Sewer
  • Water Source: Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Security: Smoke Detector, Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Laundry Facility, Management On Site
  • Association: No
  • Community Features: Pool

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-11-024-0590
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Jul 15, 2014
Sold by
Facey Robert
Bought by
Hernandez Saul
Seller's Agent
Bohdan Mastykaz
Douglas Elliman
Buyer's Agent
Dagmara Sanchez
Smart Luxe
List Price
$420,000
Sold Price
$389,000
Premium/Discount to List
-$31,000
-7.38%
Current Estimated Value
$674,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,754
Avg. Annual Appreciation
4.75%
Original Mortgage
$291,750
Outstanding Balance
$223,519
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$425,048

Purchase Details

Closed on
Jul 18, 2013
Sold by
Myers Jason B
Bought by
Facey Robert

Purchase Details

Closed on
May 2, 2005
Sold by
Garcia Henry and Garcia Mercedes
Bought by
Myers Jason B and Myers Limor T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 1993
Sold by
Iglesias Antonio A
Bought by
Iglesias Antonio A and Iglesias Norma
Source: Public Records

Range of Values:

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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
Hernandez Saul $389,000 Attorney
Facey Robert $250,900 None Available
Myers Jason B $337,500 Deco Title Services Inc
Iglesias Antonio A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Saul $291,750
Previous Owner Myers Jason B $270,000
Previous Owner Garcia Henry $137,000
Previous Owner Iglesias Antonio $38,000
Closed Myers Jason B $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Rented $2,900 +1.8% --
07/07/2021 07/07/21 Under Contract -- -- --
06/26/2021 06/26/21 For Rent $2,850 0.0% --
08/08/2014 08/08/14 Sold $389,000 -2.7% $322 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
05/22/2014 05/22/14 Price Changed $399,999 -4.8% $331 / Sq Ft
05/02/2014 05/02/14 For Sale $420,000 -- $348 / 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 $8,406 $447,317 -- --
2024 $5,424 $447,317 -- --
2023 $5,424 $328,158 $0 $0
2022 $5,212 $318,600 $0 $0
2021 $5,361 $318,600 $0 $0
2020 $5,378 $318,600 $0 $0
2019 $5,333 $316,000 $0 $0
2018 $5,170 $316,000 $0 $0
2017 $5,585 $334,085 $0 $0
2016 $5,568 $327,214 $0 $0
2015 $5,638 $324,940 $0 $0
2014 $5,281 $259,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11063345

MIAMI REALTORS® MLS

APN: 02-3211-024-0590