NOT LISTED FOR SALE

Estimated Value: $236,000 - $421,000

-- Bed
1 Bath
330 Sq Ft
$497/mo HOA Fee

Last Sold November 07, 2013

Last sale price $170,000 $515 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,332/month

170 Days on Market

Highlights

  • Valet Parking
  • Bar or Lounge
  • Furnished
  • Ocean Front
  • Deck
  • 4-minute walk to Allison Park

About This Home

As of November 2013

No Rental Restrictions! $700 weekly rental potential = Investors Dream at the famed Casablanca Hotel and Condo. Stunning Ocean views, eat-in kitchen with updated appliances & cabinetry. All furniture and flat panel TV included. Building was remodeled i n 2008 and features valet parking, swimming pool, on-site restaurant & bar. Minutes from Bal Harbour and all the South Beach action. PRICE FIRM

Last Agent to Sell the Property

Stanley Rosen

MMLS Assoc.-Inactive Member License #0681734 Listed on: 04/23/2013

MMLS Assoc.-Inactive Member

Co-Listed By

Emily Byers

Douglas Elliman License #3131397

Last Buyer's Agent

Stanley Rosen

MMLS Assoc.-Inactive Member License #0681734 Listed on: 04/23/2013

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1948

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 330 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Direct Ocean Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Deck

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-064-0510

Community Details

Overview

  • The Casablanca Condos
  • The Casablanca Subdivision
  • 17-Story Property

Amenities

  • Valet Parking
  • Bar or Lounge
  • Laundry Facilities

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,374

Year Built

Built in 1948

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Directions: COLLINS AVENUE, JUST NORTH OF 63 STREET. PROPERTY IS ON OCEAN SIDE OF ROAD.
  • Entry Level: 7
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: The Casablanca
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Fire Sprinklers, Other
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 330
  • Possible Use: Unknown/Withheld
  • Stories: 17
  • Bedroom Features: Studio

Exterior Features

  • View: Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Casablanca
  • Parking Features: Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Other

Condo/Co-op/Association

  • Association Fee: 497
  • Amenities: Bar, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-064-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 497

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Nov 6, 2013
Sold by
Diaz Arnaldo and Diaz Gilda
Bought by
Ajs Property Group Llc
Seller's Agent
Stanley Rosen
MMLS Assoc.-Inactive Member
Buyer's Agent
Stanley Rosen
MMLS Assoc.-Inactive Member
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$296,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,032
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Dec 16, 2005
Sold by
Felipe Francisco and Felipe Anna
Bought by
Diaz Arnaldo and Diaz Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 7, 1998
Sold by
Ramiro and Bernal Luztella
Bought by
Felipe Francisco and Felipe Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1995
Sold by
Crescent Heights 42 Inc
Bought by
Bernal Ramiro and Bernal Luzstella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,250
Interest Rate
7.82%
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
Ajs Property Group Llc $170,000 Express Title Svcs Group Inc
Diaz Arnaldo $174,000 A S A P Title Corp
Felipe Francisco $60,000 --
Bernal Ramiro $60,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Arnaldo $121,800
Previous Owner Felipe Francisco $42,000
Previous Owner Bernal Ramiro $42,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2013 11/07/13 Sold $170,000 -5.5% $515 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $179,900 -- $545 / 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
2025 $3,084 $162,908 -- --
2024 $2,839 $160,099 -- --
2023 $2,839 $145,545 $0 $0
2022 $2,486 $132,314 $0 $0
2021 $2,839 $147,015 $0 $0
2020 $2,846 $147,015 $0 $0
2019 $3,055 $163,200 $0 $0
2018 $2,851 $171,789 $0 $0
2017 $2,660 $127,589 $0 $0
2016 $2,523 $115,990 $0 $0
2015 $2,345 $105,446 $0 $0
2014 $1,948 $95,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1777943

MIAMI REALTORS® MLS

APN: 02-3211-064-0510