$185,000
SOLD JUN 26, 2025
-- Bed
1 Bath
470 Sq Ft
$879/mo HOA Fee

Recently Sold

$394 Per Sq Ft

7% Below List Price

111 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Heated Community Pool
  • Morningside K-8 Academy Rated 9+
  • Intercom to Front Desk
  • Tennis Courts

About This Home

As of June 2025

Discover a hidden gem in the heart of Miami’s vibrant Upper Eastside. Studio in guard-gated Palm Bay community offers breathtaking, unobstructed views of Biscayne Bay and the marina through floor-to-ceiling, glass windows. Featuring new laminate flooring and soaring 9-foot ceilings,
Eight acres of lush tropical landscape offer a resort-style lifestyle with amenities, including a bayfront pool and jacuzzi, tennis and pickleball courts, a fitness center, BBQ grills, and paddleboard storage. Perfectly situated just minutes from the beach, Midtown, the Design District, Wynwood, Edgewater, and downtown, this studio combines tranquility with urban convenience. Experience the best of Miami living in this exclusive, serene retreat.

Last Agent to Sell the Property

Valerie Benadi

Keller Williams Realty Miami Beach License #3035942 Listed on: 02/18/2025

Keller Williams Realty Miami Beach

Last Buyer's Agent

Hernan Greve

Oceanside Realty & Investments, Inc. License #3286241

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1965

HOA Fees

  • $879 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 470 Sq Ft Home
  • Blinds

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-045-0060

Community Details

Overview

  • Mid-Rise Condominium
  • Palm Bay Condominium Condos
  • Palm Bay Condominium Subdivision
  • Car Wash Area
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Intercom to Front Desk
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Dogs Allowed

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,954

Year Built

Built in 1965

Lot Details

0

HOA Fees

$879 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Turn east on NE 69 Street off of Biscayne Blvd. Turn into Palm Bay complex and pass through guard gate. Follow signs to Palm Bay Condo (8-story white building near marina) and park in guest parking spaces.
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: PALM BAY CONDOMINIUM
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Furnished: Unfurnished
  • Living Area: 470
  • Possible Use: Investment
  • Stories: 9
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower, Studio
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Exterior Cat Walk, Barbeque
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Bay Condominium
  • Parking Features: Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Guard At Site, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 879
  • Amenities: Barbecue, Bike Storage, Laundry, Exercise Room, Exterior Lighting, Heated Pool, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-045-0060

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Jun 26, 2025
Sold by
Kralj Valentin Fernandez
Bought by
Freedlander Nicole
Seller's Agent
Valerie Benadi
Keller Williams Realty Miami Beach
Buyer's Agent
Hernan Greve
Oceanside Realty & Investments, Inc.
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Views
35
Current Estimated Value
$190,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,984
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Mar 4, 2016
Closed on
Feb 15, 2016
Sold by
Union Marina Corp
Bought by
Kralj Valetin Fernandez
Seller's Agent
Jason Butler
MMLS Assoc.-Inactive Member
Buyer's Agent
Angel Neris
Living Realty PB LLC
Sold Price
$1,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
May 3, 2013
Sold by
Denbigh Group Inc
Bought by
Union Marina Corp

Purchase Details

Closed on
Jun 18, 2012
Sold by
Seidel Anne M
Bought by
Denbigh Group Inc

Purchase Details

Closed on
Aug 28, 2009
Sold by
Seidel Anne M
Bought by
Seidel Anne M
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 Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Warranty Deed $185,000 None Listed On Document
Warranty Deed $111,000 Attorney
Warranty Deed $72,000 Attorney
Warranty Deed $50,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2025 06/26/25 Sold $185,000 +2.8% $394 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
04/17/2025 04/17/25 Price Changed $180,000 -10.0% $383 / Sq Ft
03/10/2025 03/10/25 Price Changed $200,000 +0.5% $426 / Sq Ft
02/18/2025 02/18/25 For Sale $199,000 0.0% $423 / Sq Ft
01/21/2021 01/21/21 Rented $1,000 -16.7% --
10/19/2020 10/19/20 For Rent $1,200 0.0% --
09/25/2016 09/25/16 Rented $1,200 -14.3% --
08/15/2016 08/15/16 Under Contract -- -- --
07/31/2016 07/31/16 For Rent $1,400 +7.7% --
03/25/2016 03/25/16 Rented $1,300 0.0% --
03/11/2016 03/11/16 Under Contract -- -- --
03/04/2016 03/04/16 For Rent $1,300 0.0% --
02/17/2016 02/17/16 Sold $111,000 +12.1% $236 / Sq Ft View Prior Sale
01/25/2016 01/25/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $99,000 -- $211 / 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 $3,046 $148,660 -- --
2024 $2,678 $135,146 -- --
2023 $2,678 $122,860 $0 $0
2022 $2,316 $111,691 $0 $0
2021 $2,157 $101,538 $0 $0
2020 $2,163 $101,538 $0 $0
2019 $2,007 $94,017 $0 $0
2018 $1,969 $94,017 $0 $0
2017 $1,992 $94,017 $0 $0
2016 $1,641 $67,929 $0 $0
2015 $1,523 $61,754 $0 $0
2014 $1,273 $56,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11747629

MIAMI REALTORS® MLS

APN: 01-3218-045-0060