NOT LISTED FOR SALE

Estimated Value: $360,873 - $406,000

1 Bed
1.5 Baths
1,042 Sq Ft
1965 Built

Last Sold March 29, 2022

Last sale price $310,000 $298 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,450/month

49 Days on Market

Highlights

  • Doorman
  • Intercom to Front Desk
  • Balcony
  • Property Fronts a Bay or Harbor
  • Tennis Courts
  • Complete Accordion Shutters

About This Home

As of March 2022

Spectacular 1 bed 1.5 bath 1042 sqft condo located in the prime waterfront community of Miami's Upper Eastside. Palm Bay is a secluded gated 10 acre community surrounded by lush landscaping and located right on Biscayne Bay. This unit features expansive water views from every room . Unit also includes a deeded parking space. Amenities include pool, 24-7 security, tennis court, gym and guest parking.

Last Agent to Sell the Property

Gina Gonzalez

House Realty LLC License #3161361 Listed on: 02/07/2022

Last Buyer's Agent

Valeria Scinto

Mainframe Real Estate License #3300079

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1965

Parking

  • 1 Car Garage
  • Guest Parking
  • Open Parking

Property Views

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,042 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Schools

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-045-0600

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Palm Bay Condominium Condos
  • Palm Bay Condominium Subdivision
  • 9-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,373

Security

  • Security Guard
  • Complex Is Fenced
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,700

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1042
  • Possible Use: Primary
  • Stories: 9
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM BAY CONDOMINIUM
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Guest, Open

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry, Elevator(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 01-32-18-045-0600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1373

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
May 2, 2019
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Rodriguez Juan S
Seller's Agent
Luis Guzman
Continental Realty, LLC
Buyer's Agent
Michelle Casalez
House Realty LLC
List Price
$199,000
Sold Price
$186,000
Premium/Discount to List
-$13,000
-6.53%
Current Estimated Value
$374,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,718
Avg. Annual Appreciation
11.40%
Original Mortgage
$139,500
Outstanding Balance
$122,500
Interest Rate
4.14%
Estimated Equity
$252,218

Purchase Details

Closed on
Jun 21, 2018
Sold by
Kostopoulos Dimitrios
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2014
Sold by
Kostopoulos Dimitrios
Bought by
Yak Llc

Purchase Details

Closed on
Aug 4, 2009
Sold by
Fitzgibbon Thomas and Kostopoulos Dimitrios
Bought by
Kostopoulos Dimitrios

Purchase Details

Closed on
Jun 4, 1996
Sold by
Fitzgibbon Thomas
Bought by
Fitzgibbon Thoas and Kostopoulos Dimitrios

Purchase Details

Closed on
Jun 15, 1995
Sold by
Berg Marjorie and Wohlgemuth Marjorie
Bought by
Fitzgibbon Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,100
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
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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
Rodriguez Juan S $186,000 --
Federal National Mortgage Association $167,400 None Available
Yak Llc $42,100 None Available
Kostopoulos Dimitrios -- Attorney
Fitzgibbon Thoas $100 --
Fitzgibbon Thomas $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgibbon Thoas $139,500
Closed Fitzgibbon Thoas --
Previous Owner Fitzgibbon Thomas $64,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2022 03/29/22 Sold $310,000 +3.3% $298 / Sq Ft
02/07/2022 02/07/22 For Sale $299,978 +61.3% $288 / Sq Ft
04/23/2019 04/23/19 Sold $186,000 -6.5% $179 / Sq Ft View Prior Sale
03/29/2019 03/29/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $199,000 0.0% $191 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $199,000 -4.8% $191 / Sq Ft
02/06/2019 02/06/19 Price Changed $209,000 -2.8% $201 / Sq Ft
01/14/2019 01/14/19 For Sale $215,000 0.0% $206 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/26/2018 11/26/18 Price Changed $215,000 -4.4% $206 / Sq Ft
11/21/2018 11/21/18 For Sale $225,000 0.0% $216 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
09/25/2018 09/25/18 Price Changed $225,000 -4.3% $216 / Sq Ft
08/28/2018 08/28/18 Price Changed $235,000 -5.6% $226 / Sq Ft
08/01/2018 08/01/18 Price Changed $249,000 -3.9% $239 / Sq Ft
07/02/2018 07/02/18 For Sale $259,000 0.0% $249 / Sq Ft
11/30/2015 11/30/15 Rented $1,625 -9.7% --
10/31/2015 10/31/15 Under Contract -- -- --
09/10/2015 09/10/15 For Rent $1,800 +28.6% --
06/14/2013 06/14/13 Rented $1,400 0.0% --
06/14/2013 06/14/13 For Rent $1,400 -- --
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 $5,547 $254,931 -- --
2024 $5,369 $318,664 -- --
2023 $5,369 $261,200 $0 $0
2022 $2,829 $179,243 $0 $0
2021 $2,810 $174,023 $0 $0
2020 $3,474 $204,733 $0 $0
2019 $4,047 $189,568 $0 $0
2018 $3,853 $189,568 $0 $0
2017 $3,492 $164,841 $0 $0
2016 $3,271 $149,856 $0 $0
2015 $3,173 $142,720 $0 $0
2014 $2,340 $85,437 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11157382

MIAMI REALTORS® MLS

APN: 01-3218-045-0600