NOT LISTED FOR SALE

Palm Bay Tower 720 NE 69th St Unit 23N Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $717,000 - $1,103,000

3 Beds
3 Baths
2,957 Sq Ft
$2,852/mo HOA Fee

Last Sold January 31, 2022

Last sale price $505,000 $171 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,723/month

152 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • Dock Available
  • Fitness Center
  • Newly Remodeled

About This Home

As of January 2022

Beautiful bay front condo, 2 large balconies, one facing North-East and one South-West. Delight yourself with breathtaking city and bay views. 3 bedrooms (2 of them Master) 3 full bathrooms. Amenities; Pool, Tennis Court, Gym. 24 hrs security. One tandem parking space (2) cars.

Last Agent to Sell the Property

Kevin Veilleux

Keller Williams Eagle Realty License #0523161 Listed on: 09/01/2021

Keller Williams Eagle Realty

Last Buyer's Agent

Rosemarie Friedman

Ocean Brokers Realty, LLC. License #3117421

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Northeast Facing Home

HOA Fees

  • $2,852 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,957 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Dock Available
  • Balcony
  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-053-0580

Community Details

Overview

  • 66 Units
  • High-Rise Condominium
  • Palm Bay Towers Condos
  • Palm Bay Towers Condo,Palm Bay Towers Cond Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 25-Story Property

Recreation

  • Tennis Courts

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

HOA Fees

$2,852 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Biscayne Blvd to NE 69 Street, east to guard gate, building on right.
  • Entry Level: 23
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Palm Bay Towers Condo,Palm Bay Towers Cond
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Walk-In Closet(s), Wet Bar, Family Room, Florida Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2957
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 25
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining, Other
  • Living Room Features: Family Room, Florida Room

Exterior Features

  • View: Bay, Intracoastal View, Skyline
  • Exterior Features: East Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Palm Bay Towers
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 2852
  • Amenities: Elevator(s), Exercise Room, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-053-0580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2852
  • Number Of Units In Community: 66
  • Number Of Units Total: 66

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 22713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Hoermann Wolfgang R
Bought by
Lukas Holdings & Investments Inc
Current Estimated Value
$911,369

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jan 31, 2022
Sold by
23N Palm Bay Llc
Bought by
Wolfgang Hoermann R
Seller's Agent
Kevin Veilleux
Keller Williams Eagle Realty
Buyer's Agent
Rosemarie Friedman
Ocean Brokers Realty, LLC.
List Price
$769,000
Sold Price
$505,000
Premium/Discount to List
-$264,000
-34.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Weiss Tanja
Bought by
Webs Juergen

Purchase Details

Closed on
Jan 3, 2014
Sold by
Weiss Juergen
Bought by
23N Palm Bay Llc

Purchase Details

Listed on
May 5, 2011
Closed on
Jan 15, 2013
Sold by
Drucker Judith R
Bought by
Weiss Juergen
Seller's Agent
Esther Percal
BHHS EWM Realty
Buyer's Agent
Kevin Veilleux
Keller Williams Eagle Realty
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Mar 12, 1998
Sold by
Barrett William J
Bought by
Drucker Judith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1993
Sold by
Gruber Evelyn S
Bought by
Barrett William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
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
Lukas Holdings & Investments Inc -- None Listed On Document
Wolfgang Hoermann R $505,000 Richard Gonzalez Pa
Webs Juergen -- Attorney
23N Palm Bay Llc -- Attorney
Weiss Juergen $350,000 Attorney
Drucker Judith R $180,000 --
Barrett William J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drucker Judith R $140,000
Previous Owner Barrett William J $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $505,000 -34.3% $171 / Sq Ft
09/01/2021 09/01/21 For Sale $769,000 0.0% $260 / Sq Ft
10/15/2020 10/15/20 Rented $3,500 0.0% --
09/26/2020 09/26/20 Under Contract -- -- --
09/22/2020 09/22/20 Price Changed $3,500 -10.3% $1 / Sq Ft
08/07/2020 08/07/20 Price Changed $3,900 -13.3% $1 / Sq Ft
05/24/2020 05/24/20 Price Changed $4,500 -4.3% $2 / Sq Ft
04/07/2020 04/07/20 For Rent $4,700 +17.5% --
07/06/2017 07/06/17 Rented $4,000 +0.3% --
05/23/2017 05/23/17 Under Contract -- -- --
05/03/2017 05/03/17 Price Changed $3,990 -5.0% $1 / Sq Ft
04/01/2017 04/01/17 Price Changed $4,200 -4.3% $1 / Sq Ft
03/16/2017 03/16/17 Price Changed $4,390 -10.2% $1 / Sq Ft
02/09/2017 02/09/17 For Rent $4,890 +25.4% --
04/11/2016 04/11/16 Rented $3,900 -98.9% --
03/16/2016 03/16/16 Under Contract -- -- --
01/15/2013 01/15/13 Sold $350,000 -17.6% $118 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
05/05/2011 05/05/11 For Sale $425,000 -- $144 / 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 $10,976 $519,392 -- --
2024 $15,043 $472,175 -- --
2023 $15,043 $429,250 $0 $0
2022 $15,087 $731,826 $0 $0
2021 $14,135 $665,297 $0 $0
2020 $23,660 $1,242,324 $0 $0
2019 $21,708 $1,150,300 $0 $0
2018 $24,094 $1,150,300 $0 $0
2017 $24,368 $1,150,300 $0 $0
2016 $26,334 $1,199,231 $0 $0
2015 $24,241 $1,090,210 $0 $0
2014 $18,314 $807,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Veilleux

    Seller's Agent in 2022

    Kevin Veilleux

    Keller Williams Eagle Realty

    (305) 757-1700

    6 in this area

    62 Total Sales

    Kevin Veilleux
    Section Image
  • Rosemarie Friedman

    Buyer's Agent in 2022

    Rosemarie Friedman

    Ocean Brokers Realty, LLC.

    (561) 866-8660

    2 in this area

    3 Total Sales

    Rosemarie Friedman
    Section Image
  • Marina Rojas-Gibson

    Buyer's Agent in 2020

    Marina Rojas-Gibson

    Elite Oceanview Realty

    (786) 326-5474

    3 Total Sales

    Marina Rojas-Gibson
    Section Image

  • P

    Seller Co-Listing Agent in 2017

    Plinio Pastor Palmieri

    Keller Williams First Coast Re

    (954) 980-2374

    3 in this area

    35 Total Sales

    Plinio Pastor Palmieri
    Section Image
  • Esther Percal

    Seller's Agent in 2013

    Esther Percal

    BHHS EWM Realty

    (305) 674-4022

    2 in this area

    105 Total Sales

    Esther Percal
    Section Image
  • George Schechter

    Seller Co-Listing Agent in 2013

    George Schechter

    Compass Florida, LLC

    (305) 330-5481

    6 in this area

    16 Total Sales

    George Schechter
    Section Image
See All Agents

About Palm Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11092766

MIAMI REALTORS® MLS

APN: 01-3218-053-0580

Florida Miami/Dade County Miami 33138 Upper East Side North

720 NE 69th St Unit 23N, Miami, FL

This home is located at 720 NE 69th St Unit 23N, Miami, FL 33138 since 01 September 2021 and is currently estimated at $911,369, approximately $308 per square foot. This property was built in 1972. 720 NE 69th St Unit 23N 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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