NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,311,000

2 Beds
2.5 Baths
1,316 Sq Ft
2005 Built

Last Sold February 05, 2021

Last sale price $565,000 $429 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,766/month

145 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of February 2021

This is a fantastic and inexpensive way to get into the very special Aqua Island. A luxury gated Island Oasis in the middle of Miami Beach offering a wonderfully private, and secure lifestyle with pet friendly walkways, 2 luxury pools, a marina, state of the art fitness center and spa, a market pace, child’s play area, valet services, concierge, and 24 hr security. Everything you need right there. Spacious 2bd/ 2bath has a private elevator lobby and a split bedroom plan.

The kitchen is equipped with Thermador and Gaggenau appliances and a Sub-Zero refrigerator. Large master bath, excellent closet space, freshly painted. Be a part of resort style living at Aqua Island. Priced to Sell.

Last Agent to Sell the Property

Lisa Van Wagenen

Brown Harris Stevens License #0678702 Listed on: 08/20/2020

Brown Harris Stevens

Co-Listed By

Katrina Rosendary

Brown Harris Stevens License #3392688

Last Buyer's Agent

Milagros Alvarez

Modern World Realty License #3262960

Modern World Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,779

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 1,316 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Property Views

Kitchen

  • Built-In Self-Cleaning Oven
  • <<microwave>>
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-075-0040

Community Details

Overview

  • Property has a Home Owners Association
  • 29 Units
  • Mid-Rise Condominium
  • Aqua Island Gorlin Condos
  • Gorlin At Aqua Condo Subdivision
  • 10-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Community Kitchen
  • Community Center
  • Party Room
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Boat Dock
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,691

Security

  • Security Guard
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,779

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: BHSM01
  • Co List Office Phone: 305-726-0100
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Gorlin At Aqua Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Split Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1316
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Direction Faces: West
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Aqua Island Gorlin
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Guest

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Amenities: Bike/Jog Path, Bike Storage, Boat Dock, Barbecue, Community Room, Exercise Room, Heated Pool, Kitchen Facilities, Child Play Area, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-075-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1691
  • Number Of Units In Community: 29
  • Number Of Units Total: 29

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Jan 29, 2021
Sold by
Concalves Frederico
Bought by
Raghani Raj
Seller's Agent
Lisa Van Wagenen
Brown Harris Stevens
Buyer's Agent
Milagros Alvarez
Modern World Realty
List Price
$650,000
Sold Price
$565,000
Premium/Discount to List
-$85,000
-13.08%
Current Estimated Value
$1,058,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,191
Avg. Annual Appreciation
16.16%
Original Mortgage
$452,000
Outstanding Balance
$408,208
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$692,350

Purchase Details

Closed on
Oct 1, 2011
Sold by
Magellan Real Estate Llc
Bought by
Goncalves Frederico

Purchase Details

Closed on
Sep 29, 2009
Sold by
Bump Nathan L and Bump Cheryl V
Bought by
Magellan Management & Consulting Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
63Rd Street Associates Ltd
Bought by
Bump Nathan L and Bump Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.87%
Mortgage Type
Unknown
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
Raghani Raj $565,000 Bankers T&E Svcs Inc
Goncalves Frederico $390,000 Attorney
Magellan Management & Consulting Llc $321,000 Attorney
Bump Nathan L $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghani Raj Ashok $100,000
Open Raghani Raj $452,000
Previous Owner Bump Nathan L $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $565,000 -13.1% $429 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
08/20/2020 08/20/20 For Sale $650,000 -- $494 / 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
2024 $10,864 $789,893 -- --
2023 $10,864 $556,972 $0 $0
2022 $9,514 $506,339 $0 $0
2021 $8,729 $452,088 $0 $0
2020 $11,221 $579,600 $0 $0
2019 $11,779 $644,000 $0 $0
2018 $10,209 $560,000 $0 $0
2017 $9,402 $484,909 $0 $0
2016 $9,341 $440,827 $0 $0
2015 $8,419 $400,752 $0 $0
2014 $8,194 $364,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10914631

MIAMI REALTORS® MLS

APN: 02-3211-075-0040