NOT LISTED FOR SALE

Palm Bay Tower 720 NE 69th St Unit 5N Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $647,000 - $1,058,000

3 Beds
3 Baths
2,957 Sq Ft
$1,289/mo HOA Fee

Last Sold April 03, 2017

Last sale price $980,000 $331 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,689/month

50 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Private Dock
  • Marina
  • Property has ocean access
  • Community Cabanas

About This Home

As of April 2017

The ultimate Private Residence in the Sky at the iconic Palm Bay Towers. Situated on, and particularly in, Biscayne Bay. A boldly exciting curvilinear structure soaring from the jewel-like waters, surrounded by 12 secure native-landscaped acres. 3000SF of free-flow living space; 624SF of 10FT wide twin balconies. Uniquely generous room sizes; dressing room size walk-in closets. Floor to ceiling impact glass. Commanding views. Bespoke service/amenities. Discreet luxury for the discerning few.

Last Agent to Sell the Property

Shane Graber

Graber Realty Group LLC License #3347659 Listed on: 01/19/2017

Last Buyer's Agent

Lee Clay Savoy

Berkshire Hathaway HomeServices Florida Realty License #3261934

Berkshire Hathaway HomeServices Florida Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1972

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced

HOA Fees

  • $1,289 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 3 Detached Carport Spaces
  • Assigned Parking

Property Views

  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,957 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Entrance Foyer
  • Great Room
  • Den
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-053-0070

Community Details

Overview

  • 70 Units
  • High-Rise Condominium
  • Palm Bay Club Condos
  • 27-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Community Cabanas
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,731

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,289 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Carport Y N: Yes
  • Directions: Travel on Biscayne Boulevard and proceed East onto Palm Bay Lane, or NE 69th Street; enter Palm Bay at the private 24-hour manned guard gate on your right in 1,000 feet. Enjoy the natural serenity as you appreciate your private 12 acres of nature.
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Custom Mirrors, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Great Room, Maid/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2957
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 27
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Living Room Features: Den/Library/Office, Great Room, Maid/In-Law Quarters
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Direct Ocean, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Bay Club
  • Carport Spaces: 3
  • Covered Parking Spaces: 5
  • Garage Spaces: 2
  • Parking Features: Detached Carport, 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 1289
  • Amenities: Boat Dock, Barbecue, Cabana, Elevator(s), Exercise Room, Marina, Pool, Private Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-053-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1289
  • Number Of Units In Community: 70
  • Number Of Units Total: 70

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 29, 2017
Sold by
Flanders Robert A
Bought by
Oujaddou Abell and Oujaddou Marie
Seller's Agent
Shane Graber
Graber Realty Group LLC
Buyer's Agent
Lee Clay Savoy
Berkshire Hathaway HomeServices Florida Realty
List Price
$1,099,000
Sold Price
$980,000
Premium/Discount to List
-$119,000
-10.83%
Current Estimated Value
$998,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,626
Avg. Annual Appreciation
3.23%
Source: Public Records

Range of Values:

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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
Oujaddou Abell $980,000 Aces Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodman Walter F $138,000
Previous Owner Goodman Walter F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $980,000 -10.8% $331 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $1,099,000 -- $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 $11,189 $418,887 -- --
2024 $10,533 $558,516 -- --
2023 $10,533 $512,400 $0 $0
2022 $10,563 $512,396 $0 $0
2021 $9,897 $465,815 $0 $0
2020 $18,038 $846,936 $0 $0
2019 $16,740 $784,200 $0 $0
2018 $16,425 $784,200 $0 $0
2017 $2,722 $170,257 $0 $0
2016 $2,731 $166,756 $0 $0
2015 $2,761 $165,597 $0 $0
2014 $2,791 $164,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Graber

    Seller's Agent in 2017

    Shane Graber

    Graber Realty Group LLC

    (305) 606-2200

    61 in this area

    172 Total Sales

    Section Image
  • Lee Clay Savoy

    Buyer's Agent in 2017

    Lee Clay Savoy

    Berkshire Hathaway HomeServices Florida Realty

    (954) 268-3781

    22 Total Sales

    Section Image
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About Palm Bay Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10209638

MIAMI REALTORS® MLS

APN: 01-3218-053-0070

Florida Miami/Dade County Miami 33138 Upper East Side North

720 NE 69th St Unit 5N, Miami, FL

This home is located at 720 NE 69th St Unit 5N, Miami, FL 33138 since 19 January 2017 and is currently estimated at $891,141, approximately $301 per square foot. This property was built in 1972. 720 NE 69th St Unit 5N 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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