NOT LISTED FOR SALE

Palm Bay Tower 720 NE 69th St Unit 17W Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $563,590 - $609,000

2 Beds
2.5 Baths
1,763 Sq Ft
$2,140/mo HOA Fee

Last Sold May 15, 2023

Last sale price $487,500 $277 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,064/month

174 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Heated Community Pool
  • Boat Dock
  • Fitness Center
  • Bike Room

About This Home

As of May 2023

Make extraordinary Biscayne Bay views your daily backdrop in this high-floor 2BD/2.5BA at revered Palm Bay Tower. Polished slate floors, rough-hewn columns and walls of glass give this 1,750 +SF a distinctly contemporary ambiance. Relax and entertain in the open-plan living/dining room flanked by two curved balconies and wide-open vistas that reach across the entire bay to Downtown. The modern kitchen features sleek cabinetry and a fleet of stainless steel appliances, while two oversized bedroom suites offer signature water views, walk-in closets and breathtaking private baths with beautiful stone and tile. This gated 10-acre bayfront community in the Upper Eastside/MiMo District offers 24-hour
doorman/concierge service, a marina, heated pool/spa, tennis, fitness center, parking and more.

Last Agent to Sell the Property

Carole Smith

Compass Florida, LLC. Brokerage Phone: 305-775-5330 License #0587059 Listed on: 11/11/2022

Compass Florida, LLC.

Last Buyer's Agent

Valerie Benadi

Keller Williams Realty Miami Beach License #3035942

Keller Williams Realty Miami Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 1972

HOA Fees

  • $2,140 Monthly HOA Fees

Property Views

  • Pool

Interior Spaces

  • 1,763 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Slate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub
  • Shower Only

Home Security

Parking

  • 2 Detached Carport Spaces
  • 2 Car Parking Spaces
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Outdoor Grill
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-053-0420

Community Details

Overview

  • High-Rise Condominium
  • Palm Bay Towers Condos
  • Palm Bay Towers Condo Subdivision
  • 27-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Lobby
  • Bike Room
  • Elevator

Recreation

  • Boat Dock
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,410

Year Built

Built in 1972

Lot Details

0

HOA Fees

$2,140 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Carport Y N: Yes
  • Entry Level: 17
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALM BAY TOWERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-775-5330
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Lobby, Closet Cabinetry, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Slate
  • Furnished: Unfurnished
  • Living Area: 1763
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 27
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Pool Area View, Skyline
  • Exterior Features: Barbeque, Tennis Court(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Bay Towers
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Detached Carport, 2 Or More Spaces, Covered, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up, Common Area
  • Security: Fire Alarm, Complex Fenced, Doorman, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2140
  • Amenities: Bike Storage, Boat Dock, Barbecue, Laundry, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-053-0420
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Sonsev Veronika
Bought by
Veronika Sonsev Trust and Sonsev
Current Estimated Value
$603,158

Purchase Details

Closed on
Mar 14, 2024
Sold by
Rios-Mercado Erick and Sonsev Veronika
Bought by
Sonsev Veronika

Purchase Details

Listed on
Nov 11, 2022
Closed on
May 15, 2023
Sold by
Schechter Catherine
Bought by
Sonsev Veronika and Rios-Mercado Erick
Seller's Agent
Carole Smith
Compass Florida, LLC.
Buyer's Agent
Valerie Benadi
Keller Williams Realty Miami Beach
List Price
$650,000
Sold Price
$487,500
Premium/Discount to List
-$162,500
-25%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Mar 6, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Schechter Catherine

Purchase Details

Closed on
Dec 18, 2012
Sold by
Cone Owen G
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 19, 2009
Sold by
Cone Owen G
Bought by
Palm Bay Towers Condominium Association

Purchase Details

Closed on
May 7, 2009
Sold by
Cone Owen G
Bought by
Palm Bay Towers Condo Assn Inc

Purchase Details

Closed on
Mar 30, 2006
Sold by
Cobia Reuben
Bought by
Cone Owen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2002
Sold by
Fuller Josh
Bought by
Cobia Reuben

Purchase Details

Closed on
Sep 12, 2000
Sold by
Gonzalez Sebastian
Bought by
Fuller Joshua and Soares Candido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 1994
Sold by
Weidinger Hug
Bought by
Gonzalez Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
8.46%
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
Veronika Sonsev Trust -- None Listed On Document
Sonsev Veronika -- None Listed On Document
Sonsev Veronika $487,500 Universal Title
Schechter Catherine $170,625 None Available
Deutsche Bank National Trust Company $39,300 None Available
Palm Bay Towers Condominium Association -- None Available
Palm Bay Towers Condo Assn Inc $100 --
Cone Owen G $680,000 National Disc Title & Escrow
Cobia Reuben $300,000 --
Fuller Joshua $210,000 --
Gonzalez Sebastian $95,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cone Owen G $480,000
Previous Owner Fuller Joshua $248,000
Previous Owner Fuller Joshua $40,000
Previous Owner Gonzalez Sebastian $71,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $487,500 -8.9% $277 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $535,000 -10.8% $303 / Sq Ft
12/15/2022 12/15/22 Price Changed $600,000 -7.7% $340 / Sq Ft
11/11/2022 11/11/22 For Sale $650,000 -- $369 / 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 $7,465 $426,391 -- --
2024 $9,113 $414,375 -- --
2023 $9,113 $443,300 $0 $0
2022 $9,029 $435,427 $0 $0
2021 $8,410 $395,843 $0 $0
2020 $14,240 $695,520 $0 $0
2019 $13,059 $644,000 $0 $0
2018 $12,031 $644,000 $0 $0
2017 $11,488 $492,176 $0 $0
2016 $11,241 $447,433 $0 $0
2015 $9,748 $406,758 $0 $0
2014 $8,386 $369,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carole Smith

    Seller's Agent in 2023

    Carole Smith

    Compass Florida, LLC.

    (305) 710-1010

    5 in this area

    201 Total Sales

    Section Image

  • V

    Buyer's Agent in 2023

    Valerie Benadi

    Keller Williams Realty Miami Beach

    (305) 785-3389

    11 in this area

    33 Total Sales

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About Palm Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11298127

MIAMI REALTORS® MLS

APN: 01-3218-053-0420

Florida Miami/Dade County Miami 33138 Upper East Side North

720 NE 69th St Unit 17W, Miami, FL

This home is located at 720 NE 69th St Unit 17W, Miami, FL 33138 since 11 November 2022 and is currently estimated at $579,148, approximately $328 per square foot. This property was built in 1972. 720 NE 69th St Unit 17W is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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