NOT LISTED FOR SALE

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

Upper East Side North Neighborhood

Estimated Value: $594,127 - $772,000

2 Beds
4 Baths
1,763 Sq Ft
1972 Built

Sale Details

Date Sold: December 15, 2020

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

Est. 26% increase in value since last sale

Current estimated payment $5,923 / mo

517 Days on Market

Highlights

  • Doorman
  • Marina
  • Community Boat Dock
  • Morningside K-8 Academy Rated 9+
  • Property has ocean access
  • Property Fronts a Bay or Harbor

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

Year Built

  • Built in 1972 | Remodeled

HOA Fees

  • $1,472 Monthly HOA Fees

Property Views

  • Skyline

Home Design

  • Entry on the 18th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,763 Sq Ft Home
  • Blinds
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • 2 Car Parking Spaces

Additional Features

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • High-Rise Community
  • Palm Bay Towers Condos
  • Palm Bay Towers Condo Subdivision
  • 26-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Boat Dock
  • Marina
  • Heated Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Guard
  • Walled
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Year Built

Built in 1972 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,472 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: Enter NE 69 Street east of Biscayne Blvd. Enter through guard gate, continue straight past building and use guest parking.
  • Entry Level: 18
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock, Community Marina
  • 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
  • LastStatus: Pending
  • CurrentPrice: 535000
  • InternetRemarks: Spacious unit, spectacular views from all rooms and 2 large balconies. Resort-like amenities. Located in the heart of MIMO District Upper Eastside.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Cooking Island, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1763
  • Possible Use: Unknown/Withheld
  • Stories: 26
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Walled

Condo/Co-op/Association

  • Association Fee: 1472
  • Amenities: Barbecue, Elevator(s), Exercise Room, Fishing Pier, Heated Pool, Marina, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-053-0450

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 13927

Multi Family

  • Maintenance Expense: 1472

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Dec 10, 2020
Sold by
Bought by
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
$673,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,282
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Jul 9, 2018
Sold by
Bought by

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 14, 2016
Sold by
Bought by
Seller's Agent
Jack Coden
MMLS Assoc.-Inactive Member
Buyer's Agent
Jack Coden
MMLS Assoc.-Inactive Member
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
-1.89%
Original Mortgage
$417,000
Interest Rate
0.0379%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2007
Sold by
Bought by

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
0.0622%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$535,000 Attorney
-- Attorney
$820,000 Clear Title Services Inc
$158,000 None Available
$436,000 Title Partners Of Fl Inc
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $417,000
Previous Owner $370,600
Previous Owner $305,000
Previous Owner $200,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    19 in this area

    38 Total Sales

    Lori Brandt
    Section Image
  • Marcy Kaplan

    Seller Co-Listing Agent in 2020

    Marcy Kaplan

    Compass Florida, LLC

    (786) 543-5755

    16 in this area

    24 Total Sales

    Marcy Kaplan
    Section Image

  • J

    Seller's Agent in 2016

    Jack Coden

    MMLS Assoc.-Inactive Member

    Section Image
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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.

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