NOT LISTED FOR SALE

Estimated Value: $2,132,000 - $2,399,393

3 Beds
3.5 Baths
2,343 Sq Ft
2004 Built

Last Sold October 02, 2019

Last sale price $840,000 $359 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $14,904/month

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • No HOA
  • North Beach Elementary School Rated A-
  • Newly Remodeled
  • Community Pool

About This Home

As of November 2019

Aqua, an exclusive waterfront community on Allison Island. Spectacular 3 bedroom, 3.5 bathroom corner unit in Spear, one of 3 highrises on the island. Enjoy endless views from your wraparound balcony of the Indian Creek Waterway. Great floor plan with lots of entertaining areas, gourmet kitchen and master bedroom with a private balcony. Amenities include 5,000 state-of-the-art-gym, 2 heated pools, barbecue area, valet, waterfront promenade, marina and children's playroom.

Last Agent to Rent the Property

Veronica Crego-flores

MMLS Assoc.-Inactive Member License #3442761 Listed on: 10/11/2019

Last Renter's Agent

Robert Bustamante

House Done License #3062469

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,289

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

Parking

  • 2 Car Garage

Home Design

  • 2,343 Sq Ft Home

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • <<microwave>>
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer

Home Security

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 11/1/19
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-11-077-0320

Community Details

Overview

  • No Home Owners Association
  • Spear At Aqua Condo
  • Spear At Aqua Condo Subdivision
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Clear Impact Glass
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$27,289

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2019-11-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: SPEAR AT AQUA CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 2343
  • Window Features: Clear Impact Glass
  • Dining Room Features: Breakfast Area

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SPEAR AT AQUA CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Key Card Entry, Security Patrol

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Maintained Community, Management On Site, Child Play Area, Spa/Hot Tub
  • Association: No

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-11-077-0320
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 9302
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Aug 21, 2019
Sold by
The Bank Of New York Mellon
Bought by
Vb Res Llc
Seller's Agent
Veronica Crego-flores
MMLS Assoc.-Inactive Member
List Price
$965,000
Sold Price
$840,000
Premium/Discount to List
-$125,000
-12.95%
Current Estimated Value
$2,280,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,440,348
Avg. Annual Appreciation
18.57%
Original Mortgage
$265,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2019
Sold by
Hadley Darius T
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Aug 4, 2006
Sold by
Sarwar Yasmeen
Bought by
Hadley Darius T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 28, 2005
Sold by
Pronique Inc
Bought by
Sarwar Yasmeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 2005
Sold by
63Rd Street Associates Ltd
Bought by
Pronique Inc
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
Vb Res Llc $840,000 Attorney
The Bank Of New York Mellon $454,800 None Available
Hadley Darius T $1,750,000 South Pointe Title Company
Sarwar Yasmeen $1,175,000 Oasis Title Company
Pronique Inc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vb Res Llc $962,500
Previous Owner Vb Res Llc $265,000
Previous Owner Hadley Darius T $1,400,000
Previous Owner Sarwar Yasmeen $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Rented $6,500 0.0% --
10/18/2019 10/18/19 Under Contract -- -- --
10/10/2019 10/10/19 For Rent $6,500 0.0% --
10/02/2019 10/02/19 Sold $840,000 -13.0% $359 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $965,000 -- $412 / 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 $27,289 $1,352,961 -- --
2023 $27,289 $1,229,965 $0 $0
2022 $22,274 $1,118,150 $0 $0
2021 $19,627 $1,082,700 $0 $0
2020 $20,961 $1,082,700 $0 $0
2019 $23,312 $1,203,000 $0 $0
2018 $21,794 $1,203,000 $0 $0
2017 $20,840 $1,031,320 $0 $0
2016 $19,354 $937,564 $0 $0
2015 $18,723 $852,331 $0 $0
2014 $17,492 $774,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10754336

MIAMI REALTORS® MLS

APN: 02-3211-077-0320