NOT LISTED FOR SALE

Estimated Value: $1,229,000 - $1,531,000

3 Beds
2.5 Baths
2,212 Sq Ft
$1,500/mo HOA Fee

Last Sold February 28, 2012

Last sale price $499,900 $226 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $11,200/month

123 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Roman Tub
  • Ocean Front
  • Newly Remodeled
  • 5-minute walk to Frank C. "Tootie" Adler Park

About This Home

As of February 2012

Price reduced for quick sale. Spectacular condo, oceanfront, direct ocean and pool views, bright and airy, 3 bedroom, 2.5 bathroom, plus a den, and huge wraparound terrace. Unit offers marble floors, wood kitchen cabinets, with granite kitchen counter top s, Subzero fridge, GE Profile Monogram appliances, roman tub and stand up shower in master bath. Third bedroom has been built out to an office. Building offers full amenities, 2 heated pools, gym, common room, tennis courts, and beach front living.

Last Agent to Sell the Property

Freddy Rodriguez

Dalton Wade Inc License #3097840 Listed on: 10/01/2011

Dalton Wade Inc

Co-Listed By

Jordana Tobel

MMLS Assoc.-Inactive Member License #3161540

Last Buyer's Agent

Angela Corrente

Charles Rutenberg Realty LLC License #3052899

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,659

Year Built

  • Built in 1999 | Newly Remodeled

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,212 Sq Ft Home
  • Blinds
  • Marble Flooring
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 504236AB0010

Community Details

Overview

  • 204 Units
  • High-Rise Condominium
  • Renaissance On The Ocean Condos
  • Milan I
  • Property has 1 Level

Amenities

  • Valet Parking
  • Trash Chute
  • Community Center
  • Party Room
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,659

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • Master Model: MILAN I
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Closet Cabinetry, Roman Tub, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2212
  • Stories: 18
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: RENAISSANCE ON THE OCEAN
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Security System, Complex Fenced, Guard At Site, Other

Condo/Co-op/Association

  • Association Fee: 4500
  • Amenities: Bike/Jog Path, Bike Storage, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Exterior Lighting, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 504236AB0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4500
  • Number Of Units In Community: 204
  • Number Of Units Total: 102

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 9659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2011
Closed on
Feb 17, 2012
Sold by
H&R Block Bank
Bought by
Furlano Nick and Furlano Toni
Seller's Agent
Freddy Rodriguez
Dalton Wade Inc
Buyer's Agent
Angela Corrente
Charles Rutenberg Realty LLC
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$1,399,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$899,748
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Welt Warren and Welt Ethel
Bought by
H & R Block Bank

Purchase Details

Closed on
Sep 21, 1999
Sold by
Renaissance On The Ocean Developers
Bought by
Welt Warren and Welt Ethel

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
7.91%
Mortgage Type
New Conventional
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
Furlano Nick $499,900 Nations Title Agency Of Fl
H & R Block Bank $380,300 None Available
Welt Warren $467,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welt Warren $243,934
Previous Owner Welt Warren $190,045
Previous Owner Welt Warren $120,000
Previous Owner Welt Warren $35,000
Previous Owner Welt Warren $550,000
Previous Owner Welt Warren $100,000
Previous Owner Welt Warren $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $499,900 0.0% $226 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
10/01/2011 10/01/11 For Sale $499,900 -- $226 / 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 $23,644 $1,170,200 $117,020 $1,053,180
2024 $21,223 $1,170,200 $117,020 $1,053,180
2023 $21,223 $986,800 $98,680 $888,120
2022 $19,563 $921,380 $0 $0
2021 $17,827 $837,620 $83,760 $753,860
2020 $18,811 $882,080 $88,210 $793,870
2019 $18,517 $856,390 $85,640 $770,750
2018 $17,294 $887,100 $88,710 $798,390
2017 $16,834 $717,240 $0 $0
2016 $16,058 $652,040 $0 $0
2015 $14,411 $592,770 $0 $0
2014 $13,096 $538,890 $0 $0
2013 -- $489,900 $48,990 $440,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1556806

MIAMI REALTORS® MLS

APN: 50-42-36-AB-0010