$1,395,000
SOLD AUG 1, 2016
3 Beds
2.5 Baths
2,303 Sq Ft
$1,713/mo HOA Fee

Recently Sold

$606 Per Sq Ft

89 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Main Floor Bedroom
  • Ocean Front
  • Marble Flooring
  • 5-minute walk to Frank C. "Tootie" Adler Park

About This Home

As of June 2023

Rented long term with positive cash flow. Attractive investment opportunity. MAGNIFICENT, elegant, eye-popping SE corner with sensational unobstructed views of the ocean, Intracoastal, skyline, stretching north & far south. Spectacular sunrises and sunsets. Wrap-around balcony. Stunning sense of entry pulls you into this floor to ceiling glass and white wall, marble floor luxury home. An exciting, yet serene, home that showcases the sparkling seas and gleaming sands. Timeless elegance. Amazing location

Last Agent to Sell the Property

Peter Studl

Peter Studl License #3287755 Listed on: 04/01/2016

Last Buyer's Agent

Lauren Fitzback

Lauren Fitzback, Lic.RE Broker License #416247

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,318

Year Built

  • Built in 1999

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,713 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

Interior Spaces

  • 2,303 Sq Ft Home
  • Marble Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 504236AB0540

Community Details

Overview

  • 204 Units
  • Renaissance On The Ocean Condos
  • Renaissance On Ocean Subdivision, Milan Ii Floorplan
  • 18-Story Property

Amenities

  • Doorman
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,318

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,713 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: EAST ON SHERIDAN, THEN NORTH ON A1A/OCEAN DRIVE. GATEHOUSE ON RIGHT.
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: Milan II
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Renaissance on Ocean
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2303
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Skyline, Intracoastal View, Ocean View
  • Exterior Features: Other
  • Construction Type: Other
  • Direction Faces: Southeast
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Renaissance on the Ocean
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Guard At Site

Condo/Co-op/Association

  • Association Fee: 5140
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 504236AB0540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 5140
  • Number Of Units In Community: 204
  • Number Of Units Total: 102

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 18318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 15, 2023
Sold by
Berger Claudin and Berger Pauline
Bought by
Virginia Roy Holdings Llc
Seller's Agent
John D'Angelo
D'Angelo Realty Group LLC
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Views
14
Current Estimated Value
$1,445,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,679
Avg. Annual Appreciation
-4.07%

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 28, 2016
Sold by
Field Tiffany M
Bought by
Berger Claudin and Berger Pauline
Seller's Agent
Peter Studl
Peter Studl
Buyer's Agent
Lauren Fitzback
Lauren Fitzback, Lic.RE Broker
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 10, 2012
Sold by
Hanley Robert
Bought by
Field Tiffany M and Revocable Trust Agreement Of Tiffany M F
Seller's Agent
Marilyn Levin
Inactive member
Buyer's Agent
Marilyn Levin
Inactive member
List Price
$875,000
Sold Price
$862,000
Premium/Discount to List
-$13,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
May 10, 2004
Sold by
Drescher Ira and Drescher Sara Jane
Bought by
Hanley Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1999
Sold by
Renaissance On The Ocean Developers
Bought by
Drescher Ira and Drescher Sara Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.85%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $1,600,000 Escrow Title Services Inc
Warranty Deed $1,395,000 None Available
Warranty Deed $862,000 Attorney
Warranty Deed $750,000 --
Deed $504,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $356,700 New Conventional
Previous Owner $350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Rented $8,500 0.0% --
10/06/2023 10/06/23 For Rent $8,500 0.0% --
06/01/2023 06/01/23 Sold $1,600,000 -5.6% $695 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $1,695,000 +21.5% $736 / Sq Ft
08/01/2016 08/01/16 Sold $1,395,000 0.0% $606 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,395,000 0.0% $606 / Sq Ft
03/04/2016 03/04/16 Rented $5,900 +7.3% --
02/03/2016 02/03/16 Under Contract -- -- --
09/25/2015 09/25/15 For Rent $5,500 -8.3% --
09/02/2014 09/02/14 Rented $6,000 +9.1% --
09/02/2014 09/02/14 For Rent $5,500 0.0% --
05/15/2012 05/15/12 Sold $862,000 -1.5% $374 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $875,000 -- $380 / 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 $27,536 $1,259,110 $125,910 $1,133,200
2024 $23,496 $1,297,480 $129,750 $1,167,730
2023 $23,496 $1,094,130 $109,410 $984,720
2022 $21,655 $1,021,600 $0 $0
2021 $19,732 $928,730 $92,870 $835,860
2020 $20,823 $978,020 $97,800 $880,220
2019 $20,497 $949,530 $94,950 $854,580
2018 $20,699 $983,590 $98,360 $885,230
2017 $22,563 $1,068,800 $0 $0
2016 $20,384 $903,710 $0 $0
2015 $18,318 $821,560 $0 $0
2014 $16,681 $746,880 $0 $0
2013 -- $771,220 $77,120 $694,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10059669

MIAMI REALTORS® MLS

APN: 50-42-36-AB-0540