NOT LISTED FOR SALE

Estimated Value: $482,785 - $563,000

1 Bed
1 Bath
859 Sq Ft
2016 Built

Last Sold September 26, 2022

Last sale price $475,000 $553 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,515/month

Highlights

  • Full Time Lobby Attendant
  • Fitness Center
  • Outdoor Pool
  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • Deck

About This Home

As of July 2023

Edgewater Best! Crimson Boutique Condo - Fully spacious one (1) bedroom unit facing South with great views of Biscayne Bay and Downton Miami. This unit is offered unfurnished, kitchen with Bosch stainless steel appliances, quartz countertops, large balcony, floor to ceiling windows & porcelain floors. Living area 859 SF plus balcony 60 SF as per condo floor plan. Building amenities include concierge services, business center with cyber cafe, state-of-the- art fitness center and yoga room, swimming pool, hot tub, mini-theater and 24-hour security. Close to Midtown and Design District; minutes from Miami Beach, Downtown Miami, and Brickell (Year lease renewable)

Last Agent to Rent the Property

Emilio Prieto

Douglas Elliman License #0637435 Listed on: 03/23/2023

Douglas Elliman

Last Renter's Agent

Alex Miranda

Compass Florida, LLC License #3203583

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,837

Year Built

  • Built in 2016

Lot Details

  • South Facing Home

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 859 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/1/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-32-30-100-0600

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • The Crimson Condo
  • The Crimson Condo Subdivision, The Crimson Condo Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 19-Story Property

Amenities

  • Full Time Lobby Attendant
  • Community Center
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,837

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 14
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • Master Model: THE CRIMSON CONDO
  • New Construction: No
  • Building Stories: 19
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: THE CRIMSON CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 19

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 859
  • Stories: 19
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • Roof: Other
  • View: Bay, Intracoastal View
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Deck
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE CRIMSON CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Elevator(s), Exercise Room
  • Association: No

Lot Info

  • Parcel Number: 01-32-30-100-0600
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4604
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 26, 2022
Sold by
2Dr Llc
Bought by
Martin Michael Peter
Seller's Agent
Sep Niakan
Blackbook Properties
Buyer's Agent
Emilio Prieto
Douglas Elliman
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Views
10
Current Estimated Value
$525,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,196
Avg. Annual Appreciation
3.95%

Purchase Details

Closed on
Jul 5, 2016
Sold by
Alpine Estates Llc
Bought by
2Dr Llc
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
Martin Michael Peter $475,000 Partners Land Title
2Dr Llc $525,000 Equity Land Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Rented $3,300 0.0% --
06/27/2023 06/27/23 Under Contract -- -- --
06/15/2023 06/15/23 Price Changed $3,300 -8.3% $4 / Sq Ft
05/02/2023 05/02/23 Price Changed $3,600 -6.5% $4 / Sq Ft
04/20/2023 04/20/23 Price Changed $3,850 -2.5% $4 / Sq Ft
03/23/2023 03/23/23 For Rent $3,950 0.0% --
09/26/2022 09/26/22 Sold $475,000 -4.0% $599 / Sq Ft
07/12/2022 07/12/22 For Sale $495,000 0.0% $624 / Sq Ft
10/01/2021 10/01/21 Rented -- -- --
09/21/2021 09/21/21 Under Contract -- -- --
09/20/2021 09/20/21 For Rent $2,800 0.0% --
08/02/2021 08/02/21 Rented $2,800 +3.7% --
07/13/2021 07/13/21 Under Contract -- -- --
07/07/2021 07/07/21 For Rent $2,700 +14.9% --
10/01/2020 10/01/20 Rented $2,350 -6.0% --
09/07/2020 09/07/20 Under Contract -- -- --
09/02/2020 09/02/20 For Rent $2,500 +4.2% --
09/10/2019 09/10/19 Under Contract -- -- --
09/06/2019 09/06/19 Rented $2,400 0.0% --
08/14/2019 08/14/19 For Rent $2,400 +4.3% --
06/01/2018 06/01/18 Rented $2,300 0.0% --
05/17/2018 05/17/18 Price Changed $2,300 -8.0% $3 / Sq Ft
04/23/2018 04/23/18 Price Changed $2,500 +4.2% $3 / Sq Ft
04/20/2018 04/20/18 For Rent $2,400 -- --
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 $7,837 $414,360 -- --
2024 $7,098 $379,830 -- --
2023 $7,098 $345,300 $0 $0
2022 $5,834 $283,012 $0 $0
2021 $5,719 $268,978 $0 $0
2020 $5,810 $277,871 $0 $0
2019 $6,244 $292,496 $0 $0
2018 $6,449 $307,890 $0 $0
2017 $7,247 $342,100 $0 $0
2016 $968 $44,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11359810

MIAMI REALTORS® MLS

APN: 01-3230-100-0600