NOT LISTED FOR SALE

Estimated Value: $319,000 - $390,000

2 Beds
2 Baths
848 Sq Ft
$514/mo HOA Fee

Last Sold April 04, 2023

Last sale price $375,000 $442 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,858/month

53 Days on Market

Highlights

  • Community Cabanas
  • 5-minute walk to Park West
  • Clubhouse
  • Fitness Center
  • Skyline View
  • Tennis Courts

About This Home

As of April 2023

Live, work + play - Downtown city living at its absolute best! 2 BD/2 BA condo at The Madison, a fully-gated + secure high-rise in Miami's hottest neighborhood surrounded by restaurants, shops, public transportation + more. Sleek modern kitchen, tile throughout + breathtaking city views. Amenities include pool, bbq area, gym, party room, library, volleyball, basketball + tennis courts, on-site management, parking + laundry room. An incredible investment opportunity + perfect for anyone wanting a piece of the Magic City.

Last Agent to Sell the Property

Bea Evelyn Citron

Compass Florida, LLC License #3219109 Listed on: 02/09/2023

Compass Florida, LLC

Co-Listed By

Jenna Citron Pinchuk

Compass Florida, LLC License #3458746

Last Buyer's Agent

Patrick Cottone

Starlink Realty, Inc License #3530614

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 1989

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 848 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Courtyard
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Douglass; Frederick Elementary School
  • De Diego; Jose Middle School
  • Washington; Brooker T High School

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-36-089-1430

Community Details

Overview

  • 355 Units
  • High-Rise Condominium
  • Madison Condos
  • Madison Downtown Condo Subdivision
  • Property has 1 Level

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Interior Hall

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complex Is Fenced
  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,510

Year Built

Built in 1989

Lot Details

0

HOA Fees

$514 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 786-292-0205
  • Directions: Waze or Googlemaps
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MADISON DOWNTOWN CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range
  • Interior Amenities: Interior Hall, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 848
  • Possible Use: Unknown/Withheld
  • Stories: 21
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Barbeque, Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Madison
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Covered, Guest, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 514
  • Amenities: Basketball Court, Barbecue, Cabana, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Douglass; Frederick
  • High School: Washington; Brooker T
  • Middle Or Junior School: de Diego; Jose

Lot Info

  • Parcel Number: 01-31-36-089-1430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4510

Multi Family

  • Number Of Units In Community: 355

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 4, 2023
Sold by
Sastre Pablo
Bought by
Macedo Jose Santiago
Seller's Agent
Bea Evelyn Citron
Compass Florida, LLC
Buyer's Agent
Patrick Cottone
Starlink Realty, Inc
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Views
47
Current Estimated Value
$354,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,697
Avg. Annual Appreciation
-2.04%
Original Mortgage
$273,750
Outstanding Balance
$266,002
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$88,301

Purchase Details

Closed on
Dec 24, 2008
Sold by
Bayview Towers Associates Llc
Bought by
Sastre Pablo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macedo Jose Santiago $375,000 Coral Gables Title
Macedo Jose Santiago $375,000 Coral Gables Title
Sastre Pablo $139,900 Keys Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macedo Jose Santiago $273,750
Closed Macedo Jose Santiago $273,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $375,000 -2.6% $442 / Sq Ft
02/09/2023 02/09/23 For Sale $385,000 -- $454 / 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 $5,918 $240,009 -- --
2024 $5,085 $289,167 -- --
2023 $5,085 $235,290 $0 $0
2022 $4,510 $213,900 $0 $0
2021 $4,278 $195,635 $0 $0
2020 $3,987 $194,051 $0 $0
2019 $3,758 $194,051 $0 $0
2018 $3,464 $194,051 $0 $0
2017 $3,316 $133,622 $0 $0
2016 $3,110 $121,475 $0 $0
2015 $2,945 $110,432 $0 $0
2014 $2,641 $100,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11340340

MIAMI REALTORS® MLS

APN: 01-3136-089-1430