NOT LISTED FOR SALE

Estimated Value: $1,870,000 - $2,188,000

3 Beds
3.5 Baths
2,347 Sq Ft
$2,685/mo HOA Fee

Last Sold December 03, 2021

Last sale price $1,600,000 $682 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,673/month

93 Days on Market

Highlights

  • Valet Parking
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of December 2021

Situated within the lush Aqua community on Allison Island, this waterfront condo offers an elegant reprieve from the hustle and bustle of Miami Beach. Unwind from your day in the living room while enjoying views from the floor-to-ceiling, panorama glass doors leading outside to the spacious balcony. Prepare a meal in the handsomely appointed, contemporary kitchen with top-of-the-line appliances and enjoy your culinary creation in the adjoining dining area. End your day with a retreat to the Master Bedroom and enjoy the city views from your private balcony before taking a soak in the charming master bathroom. What adds enormous benefit of being a resident of this home is that it’s part of a residents-only, friendly community situated over 8+ acres with ample outdoor space to enjoy.

Last Agent to Sell the Property

Jeff Miller

One Sotheby's International Re License #3173481 Listed on: 07/26/2021

One Sotheby's International Re

Co-Listed By

Christopher Zdancewicz

One Sotheby's International Re License #3379011

Last Buyer's Agent

Alan Waserstein

Realty Hub License #0438224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,979

Year Built

  • Built in 2004

Lot Details

  • Property Fronts a Bay or Harbor
  • Northwest Facing Home

HOA Fees

  • $2,685 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,347 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views

Kitchen

  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-077-0510

Community Details

Overview

  • Mid-Rise Condominium
  • Spear At Aqua Condo
  • Spear At Aqua Condo Subdivision
  • 10-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse

Recreation

  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,979

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,685 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SPEAR AT AQUA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2347
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Spear at Aqua condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2685
  • Amenities: Bike/Jog Path, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Child Play Area, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-077-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2685

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Dec 3, 2021
Sold by
Musaffi and Caryn
Bought by
Waserstein Jessica and Bekerman Nathan
Seller's Agent
Jeff Miller
One Sotheby's International Re
Buyer's Agent
Alan Waserstein
Realty Hub
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Current Estimated Value
$2,046,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,593
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,350,000
Outstanding Balance
$1,234,635
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$811,958

Purchase Details

Listed on
Apr 19, 2013
Closed on
Feb 13, 2014
Sold by
Gropper Adam S
Bought by
Musaffi Michael and Musaffi Caryn
Seller's Agent
Zaida Navarrete Dudash
Douglas Elliman
Buyer's Agent
Howard Fabian
Fabian Realty Inc
List Price
$1,150,000
Sold Price
$1,135,000
Premium/Discount to List
-$15,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Smallman Clifford P
Bought by
Gropper Adam S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 6, 2005
Sold by
63Rd Street Associates Ltd
Bought by
Smallman Clifford P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
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
Waserstein Jessica $1,600,000 Waserstein & Nunez Pllc
Musaffi Michael $1,135,000 Clear Title Services Inc
Gropper Adam S $1,050,000 Island Title Guaranty
Smallman Clifford P $835,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waserstein Jessica $1,350,000
Previous Owner Gropper Adam S $225,000
Previous Owner Gropper Adam S $730,000
Previous Owner Smallman Clifford P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $1,600,000 -3.0% $682 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,650,000 +45.4% $703 / Sq Ft
02/14/2014 02/14/14 Sold $1,135,000 +17361.5% $484 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
10/01/2013 10/01/13 Rented $6,500 0.0% --
09/26/2013 09/26/13 Off Market $1,135,000 -- --
09/01/2013 09/01/13 Under Contract -- -- --
07/22/2013 07/22/13 Price Changed $1,125,000 -2.2% $479 / Sq Ft
04/19/2013 04/19/13 For Sale $1,150,000 0.0% $490 / Sq Ft
01/17/2013 01/17/13 For Rent $5,200 +9.5% --
03/19/2012 03/19/12 Rented $4,750 -5.0% --
02/18/2012 02/18/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $5,000 -- --
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 $19,832 $1,123,333 -- --
2023 $19,832 $1,090,615 $0 $0
2022 $19,120 $1,058,850 $0 $0
2021 $14,936 $814,500 $0 $0
2020 $14,979 $814,500 $0 $0
2019 $15,793 $855,759 $0 $0
2018 $15,020 $839,803 $0 $0
2017 $14,886 $822,530 $0 $0
2016 $15,189 $822,530 $0 $0
2015 $15,496 $822,530 $0 $0
2014 $14,831 $670,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11075243

MIAMI REALTORS® MLS

APN: 02-3211-077-0510