NOT LISTED FOR SALE

Estimated Value: $1,042,000 - $1,525,000

2 Beds
2 Baths
1,097 Sq Ft
$1,492/ mo HOA Fee

Last Sold January 23, 2023

Last sale price $1,395,000 $1,272 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,379/month

52 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Two Primary Bathrooms
  • Ocean Front
  • Penthouse
  • 2-minute walk to Allison Park

About This Home

As of January 2023

Gorgeous one of a kind corner Penthouse at the exclusive Bel-Aire on the Ocean. This updated and private top floor home features 12-foot glass walls with breathtaking and unobstructed water views of the ocean to the Miami skyline. Two master suites, new designer lighting and appliances, Italian terrazzo flooring and two large wrap terraces that are a dream for entertaining. The property is oceanfront and is ideally located midway between Bal Harbour and South Beach.
Restaurants, shops, and markets are all within walking distance. Bel-Aire has 24-hour security, valet, business room, pool, and beach service, and the unit comes with two side by side parking spaces conveniently located for easy access in and out of the building. Simply stunning!

Last Agent to Sell the Property

Glen Janney

Cervera Real Estate Inc. License #0682284 Listed on: 12/01/2022

Cervera Real Estate Inc.

Co-Listed By

Raul Rivero

Cervera Real Estate Inc. License #0682333

Last Buyer's Agent

Marcio Sousa

The Keyes Company License #3215510

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,320

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $1,492 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Entry on the 19th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,097 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Terrazzo Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-078-1030

Community Details

Overview

  • 129 Units
  • High-Rise Condominium
  • Bel Aire On The Ocean Condos
  • Bel Aire On The Ocean Con Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 19-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Billiard Room
  • Lobby
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,320

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$1,492 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Co List Office Mls Id: CERN03
  • Co List Office Phone: 305-856-9626
  • Directions: Collins Ave to 6515 Collins Ave, Building directly on the ocean.
  • Entry Level: 19
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BEL-AIRE ON THE OCEAN CON
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Fire Sprinklers, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Terrazzo
  • Furnished: Furnished
  • Living Area: 1097
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 19
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Entry Level, Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Intracoastal View, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Bel-Aire on the Ocean
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1492
  • Amenities: Bike Storage, Billiard Room, Barbecue, Elevator(s), Exercise Room, Heated Pool, Other, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-078-1030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10320

Multi Family

  • Maintenance Expense: 1492
  • Number Of Units In Community: 129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 23, 2023
Sold by
Rma 1908 Llc
Bought by
Baoo 1908 Llc
Seller's Agent
Glen Janney
Cervera Real Estate Inc.
Buyer's Agent
Marcio Sousa
The Keyes Company
List Price
$1,395,000
Sold Price
$1,395,000
Views
38
Current Estimated Value
$1,250,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,500
Avg. Annual Appreciation
-3.43%

Purchase Details

Closed on
Aug 3, 2022
Sold by
Miller Rachel A
Bought by
Rma 1908 Llc

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
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 13, 2020
Closed on
Mar 22, 2021
Sold by
Rivero Raul E and Raul E Rivero Revocable Trust
Bought by
Miller Rachel A
Seller's Agent
Raul Rivero
Cervera Real Estate Inc.
Buyer's Agent
Damian Silvi
One Sotheby's International Realty
List Price
$979,000
Sold Price
$905,000
Premium/Discount to List
-$74,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
May 3, 2005
Sold by
Rivero Raul E
Bought by
Rivero Raul E

Purchase Details

Closed on
Feb 14, 2005
Sold by
Atlantic Bel Aire Lc
Bought by
Rivero Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving
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
Baoo 1908 Llc $1,395,000 --
Baoo 1908 Llc $1,395,000 None Listed On Document
Rma 1908 Llc -- Robert M Chisholm Pa
Miller Rachel A $905,000 Esq Title
Rivero Raul E -- --
Rivero Raul $425,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rma 1908 Llc $650,000
Previous Owner Rivero Raul $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2023 01/23/23 Sold $1,395,000 0.0% $1,272 / Sq Ft
12/01/2022 12/01/22 For Sale $1,395,000 +54.1% $1,272 / Sq Ft
03/24/2021 03/24/21 Sold $905,000 -2.6% $825 / Sq Ft View Prior Sale
03/04/2021 03/04/21 Pending -- -- --
12/04/2020 12/04/20 Price Changed $929,000 -5.1% $847 / Sq Ft
07/13/2020 07/13/20 For Sale $979,000 0.0% $892 / Sq Ft
07/15/2018 07/15/18 Rented $3,458 -6.5% --
06/22/2018 06/22/18 Under Contract -- -- --
06/11/2018 06/11/18 For Rent $3,700 -- --
Source: MIAMI REALTORS® MLS

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 $16,563 $881,419 -- --
2024 $15,142 $881,419 -- --
2023 $15,142 $801,290 $0 $0
2022 $12,546 $667,740 $0 $0
2021 $10,397 $538,500 $0 $0
2020 $10,425 $538,500 $0 $0
2019 $10,462 $539,850 $0 $0
2018 $11,471 $610,000 $0 $0
2017 $12,577 $601,318 $0 $0
2016 $12,198 $546,653 $0 $0
2015 $10,706 $496,958 $0 $0
2014 $9,179 $451,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11309797

MIAMI REALTORS® MLS

APN: 02-3211-078-1030

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