NOT LISTED FOR SALE

7207 Bay Dr Unit 8 Miami Beach, FL 33141

Normandy Isle Neighborhood

Estimated Value: $211,000 - $262,000

1 Bed
1 Bath
630 Sq Ft
1949 Built

Last Sold August 16, 2022

Last sale price $230,000 $365 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,535/month

Highlights

  • In Ground Pool
  • Home fronts a canal
  • No HOA
  • Active Adult
  • Wood Flooring
  • 4-minute walk to Fairway Park

About This Home

As of March 2024

Welcome to the quiet community of Island Point. Private waterfront community nested close to the center of Normandy Isles. Short distance to restaurants, and supermarkets. Enjoy this 2 beds 1 bath unit with impact windows, wood floors, stainless steel appliances, central AC and washer/dryer inside the unit. Waterfront pool, BBQ and tiki bar. Credit score above 650, proof of income and long rental history required.

Last Agent to Rent the Property

Joyce Parra

Cervera Real Estate Inc. License #3339529 Listed on: 01/26/2024

Cervera Real Estate Inc.

Co-Listed By

Seikiti Shinmon

Cervera Real Estate Inc. License #3249736

Last Renter's Agent

Raquel Martini

Miami Realty Solution Group License #3267564

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1949

Lot Details

  • Home fronts a canal
  • Southeast Facing Home

Interior Spaces

  • 630 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Treasure Island Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • In Ground Pool
  • East of U.S. Route 1

Listing and Financial Details

  • Property Available on 2/15/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-03-023-0150

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • Island Point South Condo
  • Island Point South Condo,Island Point South Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows

Condo Details

Home Type

Condominium

Year Built

Built in 1949

Lot Details

0 Sq Ft Lot

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-02-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1949
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Co List Office Mls Id: CERN06
  • Co List Office Phone: 305-604-0565
  • Directions: From 71st St and Collins or Indian Creek head West over small bridge, on the traffic light turn right, the property will be on your right. Street Parking.
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: Island Point South Condo,Island Point South
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 630
  • Window Features: Blinds, High Impact Windows
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other
  • Direction Faces: Southeast
  • Lot Features: East Of US 1
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Island Point South Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Security: Key Card Entry, Complex Fenced

Condo/Co-op/Association

  • Amenities: Community Pool
  • Association: No
  • Senior Community: Yes

Schools

  • Elementary School: Treasure Island
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-03-023-0150
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 15, 2022
Sold by
Berda Serge
Bought by
Sanchez Pedro and Rivas Jhosueny Alejandra
Seller's Agent
Anna Zibaryeva
Trident Real Estate, Inc
Buyer's Agent
Joyce Parra
Cervera Real Estate Inc.
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$231,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,391
Avg. Annual Appreciation
0.17%
Original Mortgage
$213,750
Outstanding Balance
$204,356
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$27,035

Purchase Details

Closed on
Jul 10, 2008
Sold by
Suarez Robert Ray and Illescas Raquel H
Bought by
Berda Serge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2005
Sold by
Island Point 2000 Realty Inc
Bought by
Suarez Robert Ray and Illescas Raquel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sanchez Pedro $230,000 Sun Trust Title
Sanchez Pedro $230,000 Sun Trust Title
Berda Serge $175,000 Attorney
Suarez Robert Ray $169,000 Royal Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Pedro $213,750
Closed Sanchez Pedro $213,750
Previous Owner Berda Serge $100,000
Previous Owner Suarez Robert Ray $33,800
Previous Owner Suarez Robert Ray $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2024 03/07/24 Rented $2,100 -6.7% --
02/16/2024 02/16/24 Price Changed $2,250 -2.2% $4 / Sq Ft
02/14/2024 02/14/24 Price Changed $2,300 -8.0% $4 / Sq Ft
01/26/2024 01/26/24 For Rent $2,500 0.0% --
08/16/2022 08/16/22 Sold $230,000 0.0% $365 / Sq Ft View Prior Sale
07/11/2022 07/11/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $230,000 0.0% $365 / Sq Ft
12/01/2017 12/01/17 Rented $1,300 -1.9% --
11/30/2017 11/30/17 Under Contract -- -- --
11/14/2017 11/14/17 Price Changed $1,325 -3.6% $2 / Sq Ft
10/18/2017 10/18/17 Price Changed $1,375 -5.2% $2 / Sq Ft
07/31/2017 07/31/17 For Rent $1,450 +9.4% --
03/01/2015 03/01/15 Rented $1,325 -5.4% --
01/30/2015 01/30/15 Under Contract -- -- --
12/23/2014 12/23/14 For Rent $1,400 -- --
Source: MIAMI REALTORS® MLS

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 $3,968 $194,263 -- --
2024 $3,661 $211,155 -- --
2023 $3,661 $193,720 $0 $0
2022 $2,582 $131,134 $0 $0
2021 $2,302 $119,213 $0 $0
2020 $2,379 $122,900 $0 $0
2019 $2,645 $136,500 $0 $0
2018 $2,748 $175,000 $0 $0
2017 $2,265 $118,248 $0 $0
2016 $2,218 $107,499 $0 $0
2015 $2,145 $97,727 $0 $0
2014 $1,928 $88,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Parra

    Landlord's Agent in 2024

    Joyce Parra

    Cervera Real Estate Inc.

    (786) 444-2096

    1 in this area

    36 Total Sales

    Joyce Parra
    Section Image
  • Seikiti Shinmon

    Landlord's Co-Listing Agent in 2024

    Seikiti Shinmon

    Cervera Real Estate Inc.

    (305) 305-5447

    22 Total Sales

    Seikiti Shinmon
    Section Image
  • Raquel Martini

    Tenant's Agent in 2024

    Raquel Martini

    Miami Realty Solution Group

    (305) 300-6406

    12 Total Sales

    Raquel Martini
    Section Image
  • Anna Zibaryeva

    Seller's Agent in 2022

    Anna Zibaryeva

    Trident Real Estate, Inc

    (929) 841-4609

    1 in this area

    48 Total Sales

    Anna Zibaryeva
    Section Image
  • Amalia Ahumada

    Buyer's Agent in 2017

    Amalia Ahumada

    Costa Miami Realty, LLC

    (305) 647-9351

    2 Total Sales

    Amalia Ahumada
    Section Image
  • Albert Zamora

    Seller's Agent in 2015

    Albert Zamora

    Trident Real Estate, Inc

    (305) 299-2663

    53 Total Sales

    Albert Zamora
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11521492

MIAMI REALTORS® MLS

APN: 02-3203-023-0150

Florida Miami/Dade County Miami Beach 33141 Normandy Isle

7207 Bay Dr Unit 8, Miami Beach, FL

Not Listed for Sale

Condos

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