NOT LISTED FOR SALE

Estimated Value: $388,564 - $510,000

2 Beds
2 Baths
1,314 Sq Ft
1982 Built

Last Sold October 29, 2021

Last sale price $380,000 $289 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,129/month

7 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Heated Community Pool

About This Home

As of October 2021

INCREDIBLE VIEWS from this 23rd floor of the Bay and Downtown Miami Skyline. CORNER UNIT.
This spacious 2 beds & 2 baths features a 30' wrap around balcony,floor to ceiling glass, a wide living area w/stunning views and lots of natural light.

Huge master suite w/ walk-in closet, updated baths, tons of closets. Updated kitchen. New washr&dryer, marble floors, IMPACT WINDOWS. Embrace the luxurious lifestyle at The Palm Bay Yacht Club. Amenities incl. 4 tennis courts, spa, gym, 24 hr. doorman & valet, convenience shop, bar, restaurant, grill and a great pool. Located within walking distance to Bayfront Park, local shops, restaurants.Upper East Side of Miami is a landmark for MiMo bldgs. Super cool ! The unit is currently rented at $2600. Excellent potential for rent increase.

Last Agent to Sell the Property

Sergio Casabé

Yaffe International Realty License #3381035 Listed on: 07/16/2021

Yaffe International Realty

Last Buyer's Agent

Sergio Casabé

Yaffe International Realty License #3381035 Listed on: 07/16/2021

Yaffe International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1982

Parking

  • 1 Car Garage
  • Deeded Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,314 Sq Ft Home
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-062-2030

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • The Palm Bay Yacht Club Condos
  • The Palm Bay Yacht Club C Subdivision
  • 27-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Clubhouse
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $1,075

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,075

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: GPS
  • Entry Level: 23
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALM BAY YACHT CLUB C
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Water Purifier, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1314
  • Possible Use: Secondary
  • Stories: 27
  • Bedroom Features: Entry Level

Exterior Features

  • View: Intracoastal View, Pool Area View, Tennis Court View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PALM BAY YACHT CLUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Deeded

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Card Entry, Guard At Site

Condo/Co-op/Association

  • Amenities: Bike Storage, Clubhouse-Clubroom, Exercise Room, Heated Pool, Exterior Lighting, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-062-2030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1075

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 28, 2021
Sold by
Interafund Inc
Bought by
Subedar Ashoka
Seller's Agent
Sergio Casabé
Yaffe International Realty
Buyer's Agent
Sergio Casabé
Yaffe International Realty
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Total Days on Market
7
Current Estimated Value
$455,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,891
Avg. Annual Appreciation
5.59%
Original Mortgage
$260,400
Outstanding Balance
$241,162
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$220,813

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 16, 2021
Sold by
Portuondo Fernando and Palm Bay Yacht Club Condominiu
Bought by
Interafund Inc
Seller's Agent
Sergio Casabé
Yaffe International Realty
Buyer's Agent
Sergio Casabé
Yaffe International Realty
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,400
Outstanding Balance
$241,162
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$220,813

Purchase Details

Closed on
Feb 22, 2019
Sold by
Portuondo Fernando and Vail Edward J
Bought by
Portuondo Fernando

Purchase Details

Closed on
Oct 17, 2002
Sold by
Rhodenizer Scott A
Bought by
Portuondo Fernando and Vail Edward J

Purchase Details

Closed on
Apr 21, 2000
Sold by
Yves Sa Panamanian Corp
Bought by
Rhodenizer Scott A
Source: Public Records

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Range of Values:

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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
Subedar Ashoka $370,000 Qualified Title Services Llc
Interafund Inc $40,100 None Available
Portuondo Fernando -- Attorney
Portuondo Fernando $330,000 --
Rhodenizer Scott A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subedar Ashoka $260,400
Previous Owner Portuondo Fernando A $148,000
Previous Owner Portuondo Fernando A $55,000
Previous Owner Portuondo Fernando $75,000
Previous Owner Rhodenizer Scott A $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $380,000 -3.8% $289 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $395,000 -- $301 / 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
2024 $6,928 $315,120 -- --
2023 $6,928 $309,512 $0 $0
2022 $5,801 $281,375 $0 $0
2021 $2,054 $138,417 $0 $0
2020 $2,021 $136,506 $0 $0
2019 $1,960 $133,437 $0 $0
2018 $1,864 $130,949 $0 $0
2017 $1,833 $128,256 $0 $0
2016 $1,833 $125,619 $0 $0
2015 $1,852 $124,746 $0 $0
2014 $1,872 $123,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11071777

MIAMI REALTORS® MLS

APN: 01-3218-062-2030