NOT LISTED FOR SALE

Estimated Value: $1,105,000 - $1,462,000

2 Beds
2 Baths
1,340 Sq Ft
$1,380/mo HOA Fee

Last Sold August 09, 2022

Last sale price $1,245,000 $929 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,432/month

36 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Marble Flooring
  • Ocean View
  • Penthouse
  • 4-minute walk to Allison Park

About This Home

As of August 2022

Beautiful 2-bedroom Lower Penthouse located in the prestigious La Gorce Palace. With breathtaking water views of downtown, Miami, intracoastal and the ocean,
Floor to ceiling windows. 2 balconies to enjoy the views Miami Beach has to offer. Unit in impeccable condition. Beautifull kitchen cabinetry, renovated Bathrooms, Closets, Bathtub and 2 walk-in glass showers.
Marble floors, living/dining, guest bedroom and master have their own access to terrace. Building amenities include gym, pool, sauna, community room, lobby, children's playground, BBQ area, gazebo, surfboard, storage, bike storage and valet parking.
Building is undergoing renovation that includes exterior concrete restoration, painting, swimming pool renovations. Special assessment paid in full.

Last Agent to Sell the Property

Gisela Grippo

Beachfront Realty Inc License #3061355 Listed on: 06/27/2022

Beachfront Realty Inc

Last Buyer's Agent

Anselmo Herrera

Miami New Realty License #3120361

Miami New Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,472

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Northeast Facing Home

HOA Fees

  • $1,380 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,340 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Doors

Outdoor Features

  • Unrestricted saltwater access
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Generator Hookup

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-060-1990

Community Details

Overview

  • 208 Units
  • La Gorce Palace Condos
  • La Gorce Palace Condo,La Gorce Palace Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 34-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Community Center
  • Party Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Heated Community Pool
  • Putting Green

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,196

Security

  • Security Service
  • Complex Is Fenced
  • High Impact Windows
  • Complete Storm Protection
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,472

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$1,380 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: DRIVING NOTH ON COLLINS AVE ON THE RIGHT SIDE 63RD AND COLLINS
  • Entry Level: 33
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LA GORCE PALACE CONDO,La Gorce Palace
  • Year Built Details: Unknown
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Pantry, Walk-In Closet(s), Family Room, Other
  • Accessibility Features: Accessible Elevator Installed, Handicap Access, Accessible Doors
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1340
  • Other Equipment: Generator Hookup, Automatic Garage Door Opener, Elevator
  • Possible Use: Secondary
  • Stories: 34
  • Window Features: Clear Impact Glass, Complete Other Protection, Blinds, High Impact Windows, Sliding
  • Bedroom Features: Master Bedroom Ground Level, Master Bath Shower, Master Bath Tub, Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Family/Dining Combination
  • Living Room Features: Family Room, Other
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks, Whirlpool/Spa

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: La Gorce Palace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Doorman, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1380
  • Amenities: Bike Storage, Community Room, Elevator(s), Storage, Heated Pool, Other, Pool, Putting Green, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-11-060-1990
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1196
  • Number Of Units In Community: 208
  • Number Of Units Total: 208

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 4, 2022
Sold by
Francisco Martorell Mario and Francisco Jorge
Bought by
Hernandez Ariesel
Seller's Agent
Gisela Grippo
Beachfront Realty Inc
Buyer's Agent
Anselmo Herrera
Miami New Realty
List Price
$1,400,000
Sold Price
$1,245,000
Premium/Discount to List
-$155,000
-11.07%
Total Days on Market
36
Current Estimated Value
$1,263,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,451
Avg. Annual Appreciation
0.52%
Original Mortgage
$647,000
Outstanding Balance
$623,492
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$639,959

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 17, 2021
Sold by
Hito and Laila
Bought by
Martorell Mario Francisco and Espinosa Jorge
Seller's Agent
Melanie Hyer
Pro Estate Realty LLC
Buyer's Agent
Gisela Grippo
Beachfront Realty Inc
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.34%

Purchase Details

Listed on
Dec 15, 2012
Closed on
Jul 1, 2013
Sold by
Khoshnoudi Ahmad and Khoshnoudi Farimah
Bought by
Hito Laila and Hito Hassan
Seller's Agent
Silvia Rotbart
MMLS Assoc.-Inactive Member
Buyer's Agent
Todd Nordstrom
Compass Florida, LLC.
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Aguilar Jose S Martinez and Rodriguez Adriana
Bought by
Khoshnoudi Ahmad and Khoshnoudi Farimah

Purchase Details

Closed on
Nov 4, 1997
Sold by
La Gorce Palace Inc
Bought by
Aguilar Jose S and Rodriguez Adriana
Source: Public Records

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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
Hernandez Ariesel $1,245,000 All Home Title
Martorell Mario Francisco $849,000 Sugarman & Sugarman Pa
Hito Laila $660,000 Transamerican Title & Settle
Khoshnoudi Ahmad $275,000 --
Aguilar Jose S $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ariesel $647,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $1,245,000 -0.3% $929 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $1,249,000 -10.8% $932 / Sq Ft
06/27/2022 06/27/22 For Sale $1,400,000 +64.9% $1,045 / Sq Ft
01/04/2022 01/04/22 Sold $849,000 0.0% $634 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $849,000 0.0% $634 / Sq Ft
07/15/2020 07/15/20 Rented $3,400 -2.9% --
06/27/2020 06/27/20 Under Contract -- -- --
03/22/2020 03/22/20 For Rent $3,500 0.0% --
07/05/2013 07/05/13 Sold $660,000 -5.0% $493 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
12/15/2012 12/15/12 For Sale $695,000 -- $519 / 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 $16,158 $829,437 -- --
2023 $16,158 $855,090 $0 $0
2022 $12,853 $684,068 $0 $0
2021 $10,922 $639,238 $0 $0
2020 $12,363 $638,600 $0 $0
2019 $14,869 $810,900 $0 $0
2018 $14,207 $901,000 $0 $0
2017 $13,690 $613,054 $0 $0
2016 $12,244 $557,322 $0 $0
2015 $12,435 $550,715 $0 $0
2014 $10,172 $500,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11212124

MIAMI REALTORS® MLS

APN: 02-3211-060-1990