NOT LISTED FOR SALE

Estimated Value: $201,300 - $370,000

1 Bed
2 Baths
920 Sq Ft
1965 Built

Last Sold October 31, 2018

Last sale price $200,000 $217 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,744/month

103 Days on Market

Highlights

  • Doorman
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Marina
  • Up to 100-Foot Boat
  • Fitness Center

About This Home

As of October 2018

Upper East Side Bayfront first floor double unit with direct water access and marina views on 8 manicured acres of SoFla tropics! Open living space with floor to ceiling sliding doors in the main Living-Kitchen and Bedroom areas. Spacious rooms with sizeable kitchen and eat-in island. Two full bathrooms. Amenities include gym, heated pool, and tennis in this dog friendly community. Bring your tooth brush and start enjoying this great opportunity in a secure waterfront enclave. Walk to Mimo Historic district restaurants, shops, farmers market, fitness studios, Starbucks and Panther coffee. Minutes to Design District and Wynwood.

Last Agent to Sell the Property

Valerie Benadi

Keller Williams Realty Miami Beach License #3035942 Listed on: 06/22/2018

Keller Williams Realty Miami Beach

Last Buyer's Agent

Jason Butler

MMLS Assoc.-Inactive Member License #3295602

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1965

Lot Details

  • South Facing Home

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick

Interior Spaces

  • 920 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms
  • Restroom Available
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Unrestricted saltwater access
  • Up to 100-Foot Boat
  • Private Dock
  • Exterior Lighting
  • Outdoor Grill

Location

  • East of U.S. Route 1

Schools

  • Morningside Elementary School
  • Mann; Horace Middle School
  • Miami Edison High School

Utilities

  • Central Heating and Cooling System
  • Partial Permanent Generator

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-045-0081

Community Details

Overview

  • Property has a Home Owners Association
  • 74 Units
  • Mid-Rise Condominium
  • Palm Bay Condo
  • Palm Bay Condominium Subdivision, Combined Units G & H Floorplan
  • Car Wash Area
  • 9-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Intercom to Front Desk
  • Secure Lobby

Recreation

  • Boat Dock
  • Marina
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $975

Security

  • Security Guard
  • Card or Code Access
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,907

Year Built

Built in 1965

Lot Details

0

Parking

1

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: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Private Dock,Unrestricted Salt Water Access, Common Dock,Community Marina,Dock Available,Live Aboard,Private Dock,Restroom,Up to 100 Ft Boat,Water Available,WiFi Available
  • Master Model: Combined Units G & H
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALM BAY CONDOMINIUM
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office
  • Accessibility Features: Accessible Elevator Installed, Handicap Access
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 920
  • Other Equipment: Partial Permanent Generator
  • Possible Use: Investment
  • Stories: 9
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Skyline
  • Exterior Features: East Of Us1, Exterior Cat Walk, Barbeque, Fruit Trees, Tennis Court(s)
  • Construction Type: Concrete Block With Brick
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Palm Bay Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Guard At Site, Intercom In Lobby, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Amenities: Barbecue, Laundry, Exercise Room, Heated Pool, Exterior Lighting, Marina, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Morningside
  • High School: Miami Edison
  • Middle Or Junior School: Mann; Horace

Lot Info

  • Parcel Number: 01-32-18-045-0081
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 975
  • Number Of Units In Community: 74
  • Number Of Units Total: 74

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Oct 31, 2018
Sold by
Kinser Sheila A
Bought by
Lucol Llc
Seller's Agent
Valerie Benadi
Keller Williams Realty Miami Beach
Buyer's Agent
Jason Butler
MMLS Assoc.-Inactive Member
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$274,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,825
Avg. Annual Appreciation
4.68%
Source: Public Records

Range of Values:

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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
Lucol Llc $200,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $200,000 0.0% $217 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
08/25/2018 08/25/18 Price Changed $200,000 -7.0% $217 / Sq Ft
06/22/2018 06/22/18 For Sale $215,000 -- $234 / 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 $3,426 $148,660 -- --
2024 $3,058 $135,146 -- --
2023 $3,058 $122,860 $0 $0
2022 $2,696 $111,691 $0 $0
2021 $2,537 $101,538 $0 $0
2020 $2,489 $99,031 $0 $0
2019 $2,337 $91,695 $0 $0
2018 $568 $33,976 $0 $0
2017 $555 $33,278 $0 $0
2016 $546 $32,594 $0 $0
2015 $544 $32,368 $0 $0
2014 $541 $32,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10491140

MIAMI REALTORS® MLS

APN: 01-3218-045-0081