NOT LISTED FOR SALE

Palm Bay Tower 720 NE 69th St Unit 25S Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $951,970 - $1,129,000

3 Beds
3.5 Baths
2,957 Sq Ft
$1,588/mo HOA Fee

Last Sold August 01, 2016

Last sale price $1,100,000 $372 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,815/month

134 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Property Fronts a Bay or Harbor
  • Marina
  • Boat Dock
  • Fitness Center

About This Home

As of August 2016

Incredible opportunity to live in 2,957 SF of space with Miami's best views of the bay and downtown! Completely gutted unit, high floor. Iconic building with only 3 units per floor. Gorgeous landscaped grounds, beautiful pool, tennis court, gym, doorman, 2 parking spaces plus free valet. No doubt this unit will be sensational once Buyer builds it out to their specifications. South units are 2,957 sq ft w/ huge balconies, 3 BDRM/3.5BA. *Seller is firm on price and Seller is paying assessment in full.

Last Agent to Sell the Property

Lori Brandt

Compass Florida, LLC. License #3069231 Listed on: 12/09/2015

Compass Florida, LLC.

Co-Listed By

Marcy Kaplan

Compass Florida, LLC. License #3048389

Compass Florida, LLC.

Last Buyer's Agent

Marcy Kaplan

Compass Florida, LLC. License #3048389

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1972

Lot Details

  • Property Fronts a Bay or Harbor
  • Southeast Facing Home

HOA Fees

  • $1,588 Monthly HOA Fees

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,957 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • 2 Carport Spaces
  • 2 Car Parking Spaces

Outdoor Features

  • Unrestricted saltwater access
  • Dock Available
  • Balcony
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-053-0650

Community Details

Overview

  • Senior Community
  • 70 Units
  • High-Rise Condominium
  • Palm Bay Towers Condos
  • 27-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

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

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,589

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,588 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: KWER01
  • Co List Office Phone: 305-757-1700
  • Directions: East of Biscayne entry on NE 69th Street.
  • Entry Level: 25
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Lobby, Elevator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 2957
  • Possible Use: Secondary
  • Stories: 27
  • Bedroom Features: Other

Exterior Features

  • View: Skyline, Bay, Ocean View
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1588
  • Amenities: Boat Dock, Barbecue, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Marina, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-053-0650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1588
  • Number Of Units In Community: 70
  • Number Of Units Total: 70

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2018
Sold by
Friedman Kate S and Friedman John S
Bought by
Friedman John S and Friedman Kate S
Current Estimated Value
$968,884

Purchase Details

Closed on
Feb 27, 2018
Sold by
Friedman John S and Friedman Kate S
Bought by
Friedman Kate S

Purchase Details

Listed on
Dec 9, 2015
Closed on
Jul 22, 2016
Sold by
Lipton Alan and Lipton Maria
Bought by
Friedman John S and Friedman Kate S
Seller's Agent
Lori Brandt
Compass Florida, LLC.
Buyer's Agent
Marcy Kaplan
Compass Florida, LLC.
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Mar 19, 2013
Sold by
Cobia Reuben
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 5, 2009
Sold by
Cobia Reuben
Bought by
Palm Bay Towers Assoc

Purchase Details

Closed on
Apr 5, 2006
Sold by
Reines Bart L
Bought by
Cobia Reuben and Ramos Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,600
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 21, 2004
Sold by
Nestor Brenda
Bought by
Matz Reines Bart L and Matz Reines Betty
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
Friedman John S -- Attorney
Friedman Kate S -- Attorney
Friedman John S $1,100,000 Attorney
U S Bank National Association $425,100 None Available
Palm Bay Towers Assoc -- --
Cobia Reuben $732,000 None Available
Matz Reines Bart L $1,599,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobia Reuben $585,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $1,100,000 0.0% $372 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $1,100,000 -- $372 / 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 $11,061 $611,121 -- --
2024 $14,235 $593,898 -- --
2023 $14,235 $576,600 $0 $0
2022 $13,831 $712,940 $0 $0
2021 $13,819 $692,175 $0 $0
2020 $21,337 $1,043,460 $0 $0
2019 $24,785 $1,202,700 $0 $0
2018 $22,715 $1,202,700 $0 $0
2017 $25,478 $1,202,700 $0 $0
2016 $7,487 $183,051 $0 $0
2015 $3,700 $166,410 $0 $0
2014 -- $123,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Brandt

    Seller's Agent in 2016

    Lori Brandt

    Compass Florida, LLC.

    (786) 553-1962

    23 in this area

    49 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Marcy Kaplan

    Compass Florida, LLC.

    (305) 851-2820

    19 in this area

    33 Total Sales

    Section Image
See All Agents

About Palm Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10000579

MIAMI REALTORS® MLS

APN: 01-3218-053-0650

Florida Miami/Dade County Miami 33138 Upper East Side North

720 NE 69th St Unit 25S, Miami, FL

This home is located at 720 NE 69th St Unit 25S, Miami, FL 33138 since 09 December 2015 and is currently estimated at $1,031,743, approximately $348 per square foot. This property was built in 1972. 720 NE 69th St Unit 25S 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.

Nearby Homes