$1,900,000
SOLD DEC 20, 2024
2 Beds
2.5 Baths
1,389 Sq Ft
$3,412/mo HOA Fee

Recently Sold

$1,368 Per Sq Ft

30% Below List Price

202 Days on Market

Highlights

  • Doorman
  • Private Beach Pavilion
  • Bay View
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • 5-minute walk to Washington Dog Park & Annex

About This Home

As of December 2024

Discover a one-of-a-kind residence at Marea Miami Beach. This stunning 2-bedroom, 2.5-bath unit offers 1,389 sqft of living space and a massive 1,716 sqft wrap-around terrace, bringing the total area to 3,105 sqft. This abode is gorgeously finished with the finest upgrades and design, featuring Italian kitchen cabinetry by ItalKraft, Wolf/SubZero appliances, 10 ft ceilings, white oak floors, and a master bath designed by Yabu Pushelberg. With only 30 residences in this boutique building, luxury meets art in every detail. Enjoy incredible amenities including 24-hour security, a rooftop pool, an exercise room, and two award-winning restaurants. The amazing location is walkable to the beach, shops, and world-class restaurants such as Carbone, Milos, Joe's Stone Crab, and Prime 112.

Last Agent to Sell the Property

Luis Gonell

Compass Florida, LLC License #3287676 Listed on: 05/21/2024

Compass Florida, LLC

Last Buyer's Agent

Alejandro Suero

The Suero Group License #3082714

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,005

Year Built

  • Built in 2015

HOA Fees

  • $3,412 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Property Views

  • Bay
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,389 Sq Ft Home
  • Entrance Foyer
  • Family or Dining Combination
  • Wood Flooring
  • Dryer

Kitchen

  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Southwest Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-368-0180

Community Details

Overview

  • 30 Units
  • Mid-Rise Condominium
  • Marea Condos
  • Marea Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute

Recreation

  • Private Beach Pavilion
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Secure Elevator
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,005

Year Built

Built in 2015

Lot Details

0

HOA Fees

$3,412 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAREA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer
  • Interior Amenities: Fire Sprinklers, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1389
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Family/Dining Combination, Snack Bar/Counter
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Bay, Garden View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Marea
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Deeded, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 3412
  • Amenities: Barbecue, Exercise Room, Exterior Lighting, Heated Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-368-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 30
  • Number Of Units Total: 30

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Dec 16, 2024
Sold by
Burning Desire Llc
Bought by
Mars-Aries Llc
Seller's Agent
Luis Gonell
Compass Florida, LLC
Buyer's Agent
Alejandro Suero
The Suero Group
List Price
$2,725,000
Sold Price
$1,900,000
Premium/Discount to List
-$825,000
-30.28%
Views
8
Current Estimated Value
$1,878,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,849
Avg. Annual Appreciation
3.13%

Purchase Details

Listed on
Jun 3, 2019
Closed on
Feb 5, 2020
Sold by
Lanyko Corp
Bought by
Burning Desire Llc
Seller's Agent
Dora Puig
Luxe Living Realty
Buyer's Agent
Luis Gonell
Compass Florida, LLC
List Price
$1,425,000
Sold Price
$1,255,000
Premium/Discount to List
-$170,000
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Feb 22, 2019
Sold by
Marea 204 Llc
Bought by
Lanyko Corp

Purchase Details

Closed on
Dec 3, 2015
Sold by
Trg Alaska Iii Llc
Bought by
Marea 204 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Miami Beach, FL

  • 10 Venetian Way Unit 604, Miami Beach, FL 33139

    $1,950,000

    • 2 Beds
    • 2 Baths
    • 1,477 Sq Ft
    • 10 Venetian Way
    • Unit 604
    • Miami Beach, FL

    Rarely Available Corner Residence in the Coveted 04 Line at The Grand VenetianThis 2-bed, 2-bath unit offers an expansive layout with a bright open kitchen, generous living area, and a wraparound terrace showcasing stunning Intracoastal water views. Enjoy seamless indoor-outdoor living from this unit enhanced with newer appliances and custom built-in closets.The Grand Venetian is the

    Stefania Cambarau Douglas Elliman

    Section Image
  • 101 20th St Unit 1803, Miami Beach, FL 33139

    $2,375,000

    • 1 Bed
    • 1.5 Baths
    • 767 Sq Ft
    • 101 20th St
    • Unit 1803
    • Miami Beach, FL

    This 1BD residence offers seasonal ownership and investment opportunities. Benefit from the Setai leasing program, earning rental income effortlessly when you're not using your condo. The hotel program books rooms at the highest daily rate for absent owners. Use it as your personal residence or lease it out on a daily, weekly, monthly, or annual basis. This northeast-facing unit boasts stunning

    Angielle Knowle Miami Beach Real Estate Prop.

    Section Image
  • 101 20th St Unit 1805, Miami Beach, FL 33139

    $2,475,000

    • 1 Bed
    • 1.5 Baths
    • 821 Sq Ft
    • 101 20th St
    • Unit 1805
    • Miami Beach, FL

    Luxury living at The Setai Hotel Residences, Miami Beach. Largest 1-bed condo in The Setai, eligible for daily, weekly, monthly, or annual rentals, offers a lucrative income opportunity through the hotel rental program. Revel in 5-star resort living with 3 infinity pools, spa, 24-hr room service, beach service, 3 restaurants, and 2 bars. Situated on a high floor, the unit provides stunning NE

    Angielle Knowle Miami Beach Real Estate Prop.

    Section Image
  • 3801 Collins Ave Unit 505, Miami Beach, FL 33140

    $1,695,000

    • 3 Beds
    • 3 Baths
    • 1,525 Sq Ft
    • 3801 Collins Ave
    • Unit 505
    • Miami Beach, FL

    ONLY $1,112/SF! Wake up to fresh ocean breezes! Gorgeous 3BD/3BA oceanfront residence at Mosaic in the heart of Miami Beach! Enjoy stunning ocean views, foyer entry, a great floor-plan, an open kitchen w/ island, 2 terraces, & spacious bedrooms. The primary suite boasts a private balcony with additional ocean views, & a gorgeous bathroom w/ dual sinks & separate tub & shower. 1 parking.

    Nancy Batchelor Compass Florida, LLC.

    Section Image
  • 6799 Collins Ave Unit 804, Miami Beach, FL 33141

    $1,650,000

    • 2 Beds
    • 2 Baths
    • 1,105 Sq Ft
    • 6799 Collins Ave
    • Unit 804
    • Miami Beach, FL

    LARGEST OCEANVIEW TERRACE in building, space for large dining table for outdoor/al fresco dining! True "Split" floor plan.Renovated kitchen, with white stone countertops, white Miele & Subzero Appliances, walk-in closet.70,000 SF Gym, Hydrotherapy,4 Pools, Reformer Pilates, Gyrontonics, Zumba, Barre, Michelin Star Restaurant, Juice /Coffee Bar, Rock Climbing Wall, PrivateBeach.

    Shayna Hanson One Sotheby's International Re

    Section Image
  • 6801 Collins Ave Unit 1206, Miami Beach, FL 33141

    $1,575,000

    • 2 Beds
    • 2 Baths
    • 1,103 Sq Ft
    • 6801 Collins Ave
    • Unit 1206
    • Miami Beach, FL

    Expansive, amazing Ocean, Sunset and Pool Views! All white and bright, modern, Open concept floor plan. 2 BR opens for maximum views to the water, garden and more. Lots of storage. Brand new automatic blinds in all rooms. Top of the line finishes. Private entrance, lobby, valet in #1 Rated Wellness Residences.70,000 SF Gym, Hydrotherapy, 4 Pools, 2 Pilates Studios, 100's of classes weekly,

    Shayna Hanson One Sotheby's International Re

    Section Image
  • 1000 S Pointe Dr Unit 1706, Miami Beach, FL 33139

    $1,950,000

    • 1 Bed
    • 1.5 Baths
    • 1,008 Sq Ft
    • 1000 S Pointe Dr
    • Unit 1706
    • Miami Beach, FL

    Experience the pinnacle of luxury living in this stunning penthouse at Murano at Portofino, located in the exclusive South of Fifth neighborhood. Surrounded by white-sand beaches, turquoise waters, and lush parks, this serene enclave offers top dining, cozy cafes, and premier social clubs. Fully renovated with high-end finishes, the residence features a Nolte European kitchen, smart home

    Denise Dupesso Coldwell Banker Realty

    Section Image
  • 400 S Pointe Dr Unit 2310, Miami Beach, FL 33139

    $2,350,000

    • 3 Beds
    • 2.5 Baths
    • 1,559 Sq Ft
    • 400 S Pointe Dr
    • Unit 2310
    • Miami Beach, FL

    Oceanfront Designer Loft in the Sky. Location is everything, and this breathtaking 23rd-floor corner residence offers unparalleled direct ocean and city views through floor-to-ceiling glass windows and wrap terrace accessible from all rooms. Originally a 2 BR + den unit, it has been reimagined to a loft with luxurious modern aesthetics. White glass flooring throughout and Carrara marble finishes.

    Colin Feuling Brown Harris Stevens

    Section Image
  • 400 S Pointe Dr Unit 906, Miami Beach, FL 33139

    $1,680,000

    • 2 Beds
    • 2 Baths
    • 1,042 Sq Ft
    • 400 S Pointe Dr
    • Unit 906
    • Miami Beach, FL

    Completely remodeled 1 Bedroom+Den 2 Baths residence with sweeping ocean vistas in the renowned South of Fifth neighborhood. This stunning beach home features an elegant design & open floor plan flooding the residence with natural light & beautiful ocean views from every angle throughout. The oceanfront residence offers a sleek open kitchen with a huge countertop and stainless steel appliances, &

    Adi Zilberberg Gary Hennes Realtors

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,900,000 Equity Land Title
Warranty Deed $1,900,000 Equity Land Title
Warranty Deed $1,225,000 Attorney
Warranty Deed $1,650,000 Attorney
Special Warranty Deed $1,830,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $915,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $1,900,000 -19.1% $1,368 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $2,350,000 -13.8% $1,692 / Sq Ft
05/21/2024 05/21/24 For Sale $2,725,000 +117.1% $1,962 / Sq Ft
02/07/2020 02/07/20 Sold $1,255,000 -3.1% $904 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $1,295,000 -9.1% $932 / Sq Ft
06/03/2019 06/03/19 For Sale $1,425,000 -- $1,026 / 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 $26,368 $1,469,156 -- --
2024 $25,005 $1,367,445 -- --
2023 $25,005 $1,243,132 $0 $0
2022 $21,234 $1,130,120 $0 $0
2021 $19,837 $1,027,382 $0 $0
2020 $24,862 $1,284,228 $0 $0
2019 $21,640 $1,116,720 $0 $0
2018 $21,966 $1,168,125 $0 $0
2017 $22,245 $1,168,125 $0 $0
2016 $24,281 $1,250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11591859

MIAMI REALTORS® MLS

APN: 02-4203-368-0180