NOT LISTED FOR SALE

Estimated Value: $378,547 - $425,000

2 Beds
1 Bath
926 Sq Ft
$963/mo HOA Fee

Last Sold March 21, 2024

Last sale price $380,000 $410 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,700/month

40 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Elevator
  • Patio
  • Fitness Center
  • Views
  • Ceramic Tile Flooring

About This Home

As of March 2024

Welcome to Nirvana condo in the heart of the MIMO district, a 2 bed, 1 bath, unit in this amazing bayfront friendly gated community. Featuring, 2 pools (lap & infinity) & Jacuzzi, a private beach area, BBQ, Volleyball court, hammocks, kayak/canoes launch & storage (annual fee required upon availability), Amazing fitness center, laundry facility with multiple machines, bicycle storage and mini market. 2 unassigned parking spaces. New astainless steel applicances. The association permits rentals for a Max of 90 days, up to 2 per year. Easy access to highways/expressways to downtown & Miami Beach. Building has reserves.

Last Agent to Sell the Property

Mirlan Saad

LoKation License #3181488 Listed on: 02/09/2024

LoKation

Last Buyer's Agent

Michael Ball

Douglas Elliman License #3403963

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,442

Year Built

  • Built in 1972

Lot Details

  • Fenced

HOA Fees

  • $963 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 926 Sq Ft Home
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Restricted saltwater access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-074-0570

Community Details

Overview

  • Nirvana Condos
  • Nirvana Condo No Two Cond Subdivision
  • The community has rules related to no trucks or trailers
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,442

Year Built

Built in 1972

Lot Details

0

HOA Fees

$963 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: NIRVANA CONDO NO TWO COND
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 926
  • Possible Use: Primary
  • Stories: 7
  • Bedroom Features: None

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Nirvana
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 963
  • Amenities: Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-074-0570
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 21, 2024
Sold by
Velandia Ruiz Olga Lucia
Bought by
Ancheta Addys and Gigli Lorenzo
Seller's Agent
Mirlan Saad
LoKation
Buyer's Agent
Michael Ball
Douglas Elliman
List Price
$388,000
Sold Price
$380,000
Premium/Discount to List
-$8,000
-2.06%
Views
15
Current Estimated Value
$413,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,143
Avg. Annual Appreciation
6.51%
Original Mortgage
$285,000
Outstanding Balance
$281,019
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$134,073

Purchase Details

Listed on
Jan 27, 2014
Closed on
Jan 21, 2014
Sold by
Fontanez Ismael
Bought by
Ruiz Olga Lucia Velandia
Seller's Agent
Luz Victoria
United Realty Group - Weston
Buyer's Agent
Gina Gonzalez
House Realty LLC
Sold Price
$1,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Aug 2, 2005
Sold by
Sobay Partners Llc
Bought by
Fontanez Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,649
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Ancheta Addys $380,000 Partners Land Title
Ruiz Olga Lucia Velandia $195,000 Terra Title Corporation
Fontanez Ismael $207,100 Ocean Point Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ancheta Addys $285,000
Previous Owner Fontanez Ismael $73,500
Previous Owner Fontanez Ismael $165,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $380,000 -2.1% $410 / Sq Ft
02/09/2024 02/09/24 For Sale $388,000 0.0% $419 / Sq Ft
02/01/2021 02/01/21 Rented $1,825 -3.9% --
01/27/2021 01/27/21 Under Contract -- -- --
12/04/2020 12/04/20 For Rent $1,900 +2.7% --
11/13/2015 11/13/15 Rented $1,850 -2.6% --
10/14/2015 10/14/15 Under Contract -- -- --
09/23/2015 09/23/15 For Rent $1,900 +11.8% --
01/26/2014 01/26/14 Rented $1,700 0.0% --
01/26/2014 01/26/14 For Rent $1,700 0.0% --
01/21/2014 01/21/14 Sold $197,000 -10.0% $213 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
12/03/2013 12/03/13 Price Changed $218,900 -6.9% $236 / Sq Ft
09/19/2013 09/19/13 For Sale $235,000 -- $254 / 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 $5,695 $332,040 -- --
2024 $5,443 $264,966 -- --
2023 $5,443 $240,879 $0 $0
2022 $4,580 $218,981 $0 $0
2021 $4,230 $199,074 $0 $0
2020 $4,116 $193,276 $0 $0
2019 $4,006 $187,647 $0 $0
2018 $3,930 $187,647 $0 $0
2017 $3,975 $187,646 $0 $0
2016 $3,723 $170,588 $0 $0
2015 $3,448 $155,080 $0 $0
2014 $2,305 $80,271 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11529308

MIAMI REALTORS® MLS

APN: 01-3218-074-0570