NOT LISTED FOR SALE

Estimated Value: $1,816,000 - $2,902,000

3 Beds
3.5 Baths
2,203 Sq Ft
$1,928/mo HOA Fee

Last Sold October 30, 2014

Last sale price $1,175,000 $533 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $14,987/month

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Formal Dining Room
  • North Beach Elementary School Rated A-
  • Heated Community Pool
  • Balcony

About This Home

As of October 2014

Spacious waterfront 3 BD / 3.5 BA corner overlooking Indian Creek. Neutral gray floors throughout, loads of closet space, 10 foot high ceilings, cutting edge Baulthap kitchen and baths and enormous wrap balcony. Aqua at Allison Island is Miami Beach's onl y private gated island with unrivaled amenities and just steps from the beach.

Last Agent to Sell the Property

Jeff Morr

Douglas Elliman License #3161292 Listed on: 10/30/2014

Douglas Elliman

Co-Listed By

Irit Daiksel

One World Properties License #3149628

Last Buyer's Agent

Anthony Criscito

Douglas Elliman License #0693914

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,389

Year Built

  • Built in 2004

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $1,928 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,203 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-077-0330

Community Details

Overview

  • Mid-Rise Condominium
  • Aqua At Allison Island Condos
  • Spear At Aqua Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,389

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,928 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SPEAR AT AQUA
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2203
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: AQUA AT ALLISON ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 1928
  • Amenities: Bike/Jog Path, Barbecue, Exercise Room, Heated Pool, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-077-0330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1928

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 12389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Oct 25, 2014
Sold by
Ortegon Edgar M and Ortegon Mary K
Bought by
Soheil Michelle M
Seller's Agent
Jeff Morr
Douglas Elliman
Buyer's Agent
Anthony Criscito
Douglas Elliman
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$2,166,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$991,815
Avg. Annual Appreciation
5.47%
Original Mortgage
$595,000
Outstanding Balance
$448,596
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,647,761

Purchase Details

Closed on
Mar 9, 2005
Sold by
63Rd Street Associates Ltd
Bought by
Ortegon Edgar M and Ortegon Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
1.5%
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
Soheil Michelle M $1,175,000 Attorney
Ortegon Edgar M $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soheil Michelle M $200,000
Open Soheil Michelle M $595,000
Previous Owner Ortegon Edgar M $150,000
Previous Owner Ortegon Edgar M $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $1,175,000 0.0% $533 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $1,175,000 0.0% $533 / Sq Ft
02/12/2014 02/12/14 Rented $6,000 -14.3% --
01/13/2014 01/13/14 Under Contract -- -- --
09/09/2013 09/09/13 For Rent $7,000 +16.7% --
09/05/2012 09/05/12 Rented $6,000 -7.7% --
08/06/2012 08/06/12 Under Contract -- -- --
06/08/2012 06/08/12 For Rent $6,500 -- --
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 $18,178 $1,037,834 -- --
2024 $17,726 $1,008,586 -- --
2023 $17,726 $979,210 $0 $0
2022 $17,088 $950,690 $0 $0
2021 $17,031 $923,000 $0 $0
2020 $17,079 $923,000 $0 $0
2019 $17,096 $923,000 $0 $0
2018 $16,584 $923,000 $0 $0
2017 $16,794 $922,723 $0 $0
2016 $16,784 $904,630 $0 $0
2015 $17,122 $904,630 $0 $0
2014 $14,829 $670,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2026885

MIAMI REALTORS® MLS

APN: 02-3211-077-0330