NOT LISTED FOR SALE

Estimated Value: $1,450,000 - $1,604,000

4 Beds
4 Baths
1,995 Sq Ft
$1,419/mo HOA Fee

Last Sold March 26, 2021

Last sale price $950,000 $476 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $11,349/month

470 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Marble Flooring
  • Ocean View
  • Newly Remodeled
  • Furnished

About This Home

As of March 2021

Spectacular Panoramic bay views! Walk into and be stunned with this unique 4 BED, 4 Bath. More than 2,100 sq ft of interior living space. Unit was professionally decorated with custom finishes throughout. The Boutique Bayfront condo is centrally located in the up and coming Edgewater district, very close to Midtown, Wynnwood, Downtown Miami, Brickell and Miami Beach. A LEED certified energy efficient building, amenities include pool deck, state-of-the-art fitness center overlooking the water, cyber café, Movie theater and a dog park right below. Two deeded parking spaces. 24hrs notice for a private showing as unit is currently rented til March, 2021 for $6,300. Great Investment Property!

Last Agent to Sell the Property

Bruno Baiao

Related ISG Realty, LLC. License #3259678 Listed on: 11/19/2019

Related ISG Realty, LLC.

Last Buyer's Agent

Bruno Baiao

Related ISG Realty, LLC. License #3259678 Listed on: 11/19/2019

Related ISG Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,338

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $1,419 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 17th floor

Interior Spaces

  • 1,995 Sq Ft Home
  • Furnished
  • Built-In Features
  • Marble Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 4 Full Bathrooms

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Restricted saltwater access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-100-0730

Community Details

Overview

  • The Crimson Condos
  • The Crimson Condo Subdivision
  • 19-Story Property

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Card or Code Access
  • Phone Entry
  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • Doorman
  • Maintenance Expense $1,210

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,338

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$1,419 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 17
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE CRIMSON CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1995
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 19
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Canal, Ocean View
  • Exterior Features: East Of Us1, None
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Crimson
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Phone Entry, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1419
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-100-0730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1210

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 18338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Mar 15, 2021
Sold by
Ragacorp One Llc
Bought by
Donovan Michael J and Whitney Louis Alton
Seller's Agent
Bruno Baiao
Related ISG Realty, LLC.
Buyer's Agent
Bruno Baiao
Related ISG Realty, LLC.
List Price
$1,280,000
Sold Price
$950,000
Premium/Discount to List
-$330,000
-25.78%
Current Estimated Value
$1,530,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,337
Avg. Annual Appreciation
11.91%
Original Mortgage
$760,000
Outstanding Balance
$688,085
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$883,070

Purchase Details

Closed on
Jan 24, 2016
Sold by
Alpine Estates Llc
Bought by
Ragacorp One Llc
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
Donovan Michael J $950,000 Attorney
Ragacorp One Llc $1,257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Michael $760,000
Closed Donovan Michael J $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $950,000 -13.6% $476 / Sq Ft
03/09/2020 03/09/20 Price Changed $1,100,000 0.0% $551 / Sq Ft
03/01/2020 03/01/20 Rented $6,300 -4.5% --
12/10/2019 12/10/19 For Rent $6,600 0.0% --
12/07/2019 12/07/19 Price Changed $1,180,000 -7.8% $591 / Sq Ft
11/18/2019 11/18/19 For Sale $1,280,000 0.0% $642 / Sq Ft
06/27/2019 06/27/19 Rented $6,000 -4.0% --
06/20/2019 06/20/19 Under Contract -- -- --
05/13/2019 05/13/19 Price Changed $6,250 -8.1% $3 / Sq Ft
05/02/2019 05/02/19 Price Changed $6,800 -9.3% $3 / Sq Ft
04/26/2019 04/26/19 For Rent $7,500 -- --
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 $21,316 $1,067,760 -- --
2024 $20,594 $1,003,871 -- --
2023 $20,594 $912,610 $0 $0
2022 $17,103 $829,646 $0 $0
2021 $16,428 $764,854 $0 $0
2020 $14,809 $790,139 $0 $0
2019 $17,754 $831,725 $0 $0
2018 $18,338 $875,500 $0 $0
2017 $21,820 $1,030,000 $0 $0
2016 $2,436 $111,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10774871

MIAMI REALTORS® MLS

APN: 01-3230-100-0730