NOT LISTED FOR SALE

700 NE 25th St Unit PH2 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $3,672,000 - $4,269,000

4 Beds
4.5 Baths
6,291 Sq Ft
2007 Built

Last Sold April 09, 2024

Last sale price $4,500,000 $715 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $29,047/month

173 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Media Room
  • Property Fronts a Bay or Harbor
  • Intercom to Front Desk
  • Penthouse

About This Home

As of April 2024

Stand out 2 story Penthouse located in the heart of Edgewater. Minimalist design with sleek modern feel and enjoy unbelievable views of Biscayne Bay.

Last Agent to Sell the Property

Menachem Fellig

Compass Florida, LLC License #3291623 Listed on: 09/13/2023

Compass Florida, LLC

Last Buyer's Agent

Goritza Draskovich

Fortune International Realty License #3350475

Fortune International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,235

Year Built

  • Built in 2007 | Remodeled

HOA Fees

  • $4,341 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Ocean
  • Skyline

Home Design

  • Penthouse
  • Entry on the 23rd floor

Interior Spaces

  • 6,291 Sq Ft Home
  • Electric Shutters
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Loft
  • Storage Room
  • Intercom Access

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Deck
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-083-0500

Community Details

Overview

  • High-Rise Condominium
  • Star Lofts On The Bay Condos
  • Star Lofts On The Bay Con Subdivision
  • 24-Story Property

Amenities

  • Intercom to Front Desk

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Pets Allowed

Security

  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,235

Year Built

Built in 2007 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$4,341 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Co List Office Phone: 305-851-2820
  • Entry Level: 23
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: STAR LOFTS ON THE BAY CON
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Loft, Media Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 6291
  • Other Equipment: Elevator, Intercom
  • Possible Use: Unknown/Withheld
  • Stories: 24
  • Window Features: Electric Shutters, Blinds, High Impact Windows
  • Bedroom Features: Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Loft, Media Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View, Skyline, Water View
  • Patio And Porch Features: Deck, Wrap Around
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: STAR LOFTS ON THE BAY
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Electric Vehicle Charging Station(s)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector, Elevator Secure, Secured Garage/Parking, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 4341
  • Amenities: Exercise Room, Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-083-0500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 32235

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Apr 9, 2024
Sold by
Star Lofts Ph2 Llc
Bought by
Chmielewski Stanislas Jean Rene Ma
Seller's Agent
Menachem Fellig
Compass Florida, LLC
Buyer's Agent
Goritza Draskovich
Fortune International Realty
List Price
$4,975,000
Sold Price
$4,500,000
Premium/Discount to List
-$475,000
-9.55%
Views
744
Current Estimated Value
$4,049,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$450,536
Avg. Annual Appreciation
-5.29%

Purchase Details

Listed on
Feb 7, 2014
Closed on
Sep 15, 2014
Sold by
Reisner Jeffrey and Issa Michael J
Bought by
Star Lofts Ph2 Llc
Seller's Agent
Matt McMillan
Coldwell Banker Realty
Buyer's Agent
Cem Turk
Prado Realty Inc
List Price
$2,595,000
Sold Price
$2,050,000
Premium/Discount to List
-$545,000
-21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Aug 24, 2007
Sold by
Star Lofts Associates
Bought by
Reisner Jeffrey and Issa Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,459,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chmielewski Stanislas Jean Rene Ma $4,500,000 None Listed On Document
Star Lofts Ph2 Llc $2,050,000 Attorney
Reisner Jeffrey $2,245,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reisner Jeffrey $1,459,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Sold $4,500,000 -6.2% $715 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $4,795,000 -3.6% $762 / Sq Ft
09/13/2023 09/13/23 For Sale $4,975,000 +142.7% $791 / Sq Ft
09/12/2014 09/12/14 Sold $2,050,000 -8.9% $411 / Sq Ft View Prior Sale
05/22/2014 05/22/14 Price Changed $2,250,000 -13.3% $451 / Sq Ft
02/07/2014 02/07/14 For Sale $2,595,000 -- $520 / Sq Ft
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 $43,630 $3,568,630 -- --
2024 $42,313 $1,899,037 -- --
2023 $42,313 $1,726,398 $0 $0
2022 $34,235 $1,569,453 $0 $0
2021 $30,314 $1,426,776 $0 $0
2020 $30,388 $1,426,776 $0 $0
2019 $35,415 $1,659,042 $0 $0
2018 $34,749 $1,659,042 $0 $0
2017 $35,145 $1,659,042 $0 $0
2016 $38,115 $1,746,360 $0 $0
2015 $36,981 $1,663,200 $0 $0
2014 $23,209 $1,014,621 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11451260

MIAMI REALTORS® MLS

APN: 01-3230-083-0500

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