NOT LISTED FOR SALE

Palm Bay Tower 720 NE 69th St Unit 18W Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $573,000 - $703,000

2 Beds
4 Baths
1,763 Sq Ft
$1,472/mo HOA Fee

Last Sold December 15, 2020

Last sale price $535,000 $303 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,509/month

517 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Cooking Island
  • Morningside K-8 Academy Rated 9+
  • Sitting Area In Primary Bedroom
  • High Impact Door

About This Home

As of December 2020

Amazing opportunity to nab a move-in ready, meticulously redone south-facing unit in one of Miami's most architecturally significant mid century buildings. Spacious master bedroom with large bath and huge walk-in closets. 2nd bedroom has large full bath and big walk-in closet. Additional powder room. Open updated gourmet kitchen and all new bathrooms. Spectacular sweeping views of Biscayne Bay and downtown skyline to the south, Miami Beach to the east, Aventura to the north and breathtaking sunsets to the west. Views from all rooms and 2 large balconies. Resort-like amenities include large pool, spa, gym, tennis court, marina, 24 hr gate/security/doorman, and 12 acres of landscaped grounds. Unit includes 2 parking spaces, free valet. Pet friendly.

Last Agent to Sell the Property

Lori Brandt

Compass Florida, LLC License #3069231 Listed on: 07/02/2019

Compass Florida, LLC

Co-Listed By

Marcy Kaplan

Compass Florida, LLC License #3048389

Last Buyer's Agent

Lori Brandt

Compass Florida, LLC License #3069231 Listed on: 07/02/2019

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,512

Year Built

  • Built in 1972

HOA Fees

  • $1,472 per month

Home Design

  • 1,763 Sq Ft Home
  • Substantially Remodeled

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

Additional Features

  • Cooking Island
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-053-0450

Community Details

Overview

  • Association fees include all amenities, building exterior, common area, elevator, insurance, manager, parking, pool service, security, trash removal
  • High-Rise Condominium
  • Palm Bay Towers Condos

Recreation

  • Boat Dock
  • Fishing Pier
  • Marina

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,512

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,472 per month

Listing Details

  • Internet Remarks: Spacious unit, spectacular views from all rooms and 2 large balconies. Resort-like amenities. Located in the heart of MIMO District Upper Eastside.
  • Municipal Code: 1
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Restrictions: Ok To Lease
  • Section: 18
  • Year Built: 1972
  • Year Built Description: Resale
  • Flood Zone: VE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 297.7879
  • Ratio Close Price By List Price: 1.01905
  • Storm Protection: Complete Impact Glass
  • Style: Condo 5+ Stories
  • Website: www.compass.com
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedroom Description: Sitting Area - Master Bedroom
  • Primary Bathroom Description: 2 Master Bathrooms, Bidet, Separate Tub & Shower
  • Interior Amenities: Cooking Island, Split Bedroom, Walk-In Closets
  • Windows Treatments: Blinds/Shades, High Impact Windows
  • Adjusted Area Sq Ft: 1763
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Sq Ft Liv Area: 1763
  • Total Sq Ft: 1763

Exterior Features

  • Water Access: Community Boat Dock
  • Waterfront Description: Bay Front, Ocean Access
  • Construction Type: Cbs Construction
  • Waterfront Property: Yes
  • Boat Services: Community Marina
  • Exterior Features: High Impact Doors

Garage/Parking

  • Parking Description: 2 Or More Spaces

Utilities

  • Security Information: Doorman, Guard At Site, Walled
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat

Condo/Co-op/Association

  • Amenities: Bbq/Picnic Area, Elevator, Exercise Room, Fishing Pier, Heated Pool, Marina, Spa/Hot Tub, Tennis
  • Floor Description: Wood Floors
  • Subdivision Complex Bldg: Palm Bay Towers
  • Total Floors In Building: 26
  • Type of Governing Bodies: Condominium
  • Housing Older Persons Act: No Hopa
  • Association Fee: 1472
  • Association Fee Paid Per: Monthly
  • Complex Name: Palm Bay Towers
  • Type of Association: Condo

Fee Information

  • Application Fee: 150
  • Maintenance Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Manager, Parking, Pool Service, Security, Trash Removal

Lot Info

  • Parcel Number: 01-32-18-053-0450
  • Parcel Number Mlx: 0450

Rental Info

  • Approval Information: 1-2 Weeks Approval
  • Maintenance Charge Month: 1472
  • Maint Fee Paid Per: Monthly
  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects No Exemptions
  • Tax Amount: 13927
  • Tax Year: 2018

Multi Family

  • Unit Floor Location: 18
  • Unit View: Bay, Skyline View
  • Unit Design: East Of Us1, High Rise, Substantially Remodeled

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Dec 10, 2020
Sold by
Johnson Timothy E and Johnson Timothy E
Bought by
Pbt 18W Llc
Seller's Agent
Lori Brandt
Compass Florida, LLC
Buyer's Agent
Lori Brandt
Compass Florida, LLC
List Price
$829,000
Sold Price
$535,000
Premium/Discount to List
-$294,000
-35.46%
Current Estimated Value
$619,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,811
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Jul 9, 2018
Sold by
Johnson Timothy E
Bought by
Johnson Timothy E

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 14, 2016
Sold by
Blumenthal Werner S and Blumenthal Maria
Bought by
Johnson Timothy E
Seller's Agent
Jack Coden
Keller Williams Eagle Realty
Buyer's Agent
Jack Coden
Keller Williams Eagle Realty
List Price
$849,000
Sold Price
$820,000
Premium/Discount to List
-$29,000
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%
Original Mortgage
$417,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Guillaume Wyleia and Guillaume Guyol
Bought by
Blumenthal Werner S

Purchase Details

Closed on
Feb 27, 2007
Sold by
Barr Gwendolyn A
Bought by
Guillaume Guyol and Guillaume Wyleia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 1994
Sold by
Colonial Sav
Bought by
Barr Gwendolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pbt 18W Llc $535,000 Attorney
Johnson Timothy E -- Attorney
Johnson Timothy E $820,000 Clear Title Services Inc
Blumenthal Werner S $158,000 None Available
Guillaume Guyol $436,000 Title Partners Of Fl Inc
Barr Gwendolyn A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Timothy E $417,000
Previous Owner Guillaume Guyol $305,000
Previous Owner Barr Gwendolyn A $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $535,000 +1.9% $303 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $525,000 -12.4% $298 / Sq Ft
08/26/2020 08/26/20 Price Changed $599,000 -6.3% $340 / Sq Ft
07/21/2020 07/21/20 Price Changed $639,000 -5.9% $362 / Sq Ft
06/10/2020 06/10/20 Price Changed $679,000 -2.3% $385 / Sq Ft
03/09/2020 03/09/20 Price Changed $695,000 -7.2% $394 / Sq Ft
01/09/2020 01/09/20 Price Changed $749,000 -5.8% $425 / Sq Ft
10/09/2019 10/09/19 Price Changed $795,000 -4.1% $451 / Sq Ft
07/02/2019 07/02/19 For Sale $829,000 +1.1% $470 / Sq Ft
03/14/2016 03/14/16 Sold $820,000 -3.4% $439 / Sq Ft View Prior Sale
01/08/2016 01/08/16 For Sale $849,000 -- $454 / 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 $9,512 $446,321 -- --
2024 $9,296 $474,810 -- --
2023 $9,296 $452,200 $0 $0
2022 $9,209 $444,136 $0 $0
2021 $8,579 $403,760 $0 $0
2020 $15,294 $718,092 $0 $0
2019 $14,193 $664,900 $0 $0
2018 $13,927 $664,900 $0 $0
2017 $14,085 $664,900 $0 $0
2016 $2,521 $157,102 $0 $0
2015 $2,547 $156,010 $0 $0
2014 $2,575 $154,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Brandt

    Seller's Agent in 2020

    Lori Brandt

    Compass Florida, LLC

    (786) 553-1962

    23 in this area

    46 Total Sales

    Lori Brandt
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Marcy Kaplan

    Compass Florida, LLC

    (305) 851-2820

    19 in this area

    30 Total Sales

    Marcy Kaplan
    Section Image
  • Jack Coden

    Seller's Agent in 2016

    Jack Coden

    Keller Williams Eagle Realty

    (305) 694-3843

    28 in this area

    253 Total Sales

    Jack Coden
    Section Image
See All Agents

About Palm Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10700566

MIAMI REALTORS® MLS

APN: 01-3218-053-0450

Florida Miami/Dade County Miami 33138 Upper East Side North

720 NE 69th St Unit 18W, Miami, FL

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.

Nearby Homes