NOT LISTED FOR SALE

Estimated Value: $7,230,323

3 Beds
3.5 Baths
2,332 Sq Ft
$4,737/mo HOA Fee

Last Sold March 21, 2024

Last sale price $3,452,000 $1,480 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $51,554/month

160 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Balcony
  • South Pointe Elementary School Rated A-
  • Marble Flooring
  • 5-minute walk to Washington Dog Park & Annex

About This Home

As of March 2024

The Marea, is a one of a kind condominium located in the prestigious South of Fifth, in Miami Beach. Upon entering you are immediately exposed to a gorgeous open floor plan with floor to ceiling windows, that stream light from Southern light exposure. This 3-bedroom 3.5 bath unit is a South-East corner unit, with ocean views. The apartment has marble flooring throughout the unit,
3 balconies, and 10' Ceilings. Marea is a luxury boutique condo which offers an infinity rooftop pool, state-of-the-art fitness with lockers, sauna, 24-hour security, as well as a private beach. The lobby is immaculately decorated with world-renowned art. Its amazing location is walkable from the beach, shops, and restaurants such as Carbone, Milos, Joe’s Stone Crab, Pura Vida, Red Steak House, and more to come.

Last Agent to Sell the Property

Jacqueline Alexi Groll

One Sotheby's International Re License #3493452 Listed on: 10/12/2023

One Sotheby's International Re

Co-Listed By

Albert Justo

One Sotheby's International Re License #3070592

Last Buyer's Agent

Lisa Van Wagenen

Brown Harris Stevens License #0678702

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 2015

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $4,737 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,332 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School
  • Feinberg-Fisher K8 Middle School
  • Miami Beach High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-368-0001

Community Details

Overview

  • Mid-Rise Condominium
  • Marea Condominium Condos
  • Ocean Beach Add No 3 Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Lobby

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,022

Year Built

Built in 2015

Lot Details

0

HOA Fees

$4,737 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Directions: LOCATED ON SOUTH POINTE DR, DIRECTLY ACROSS FROM APOGEE.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN BEACH ADD NO 3
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2332
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Blinds
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Marea Condominium
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Space Purchased

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 4737
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Feinberg-Fisher K8

Lot Info

  • Parcel Number: 02-42-03-368-0001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $3,452,000 -0.7% $1,480 / Sq Ft
11/28/2023 11/28/23 Price Changed $3,475,000 -0.6% $1,490 / Sq Ft
10/12/2023 10/12/23 For Sale $3,495,000 0.0% $1,499 / Sq Ft
04/01/2018 04/01/18 Rented $12,000 -11.1% --
03/02/2018 03/02/18 Under Contract -- -- --
08/25/2017 08/25/17 For Rent $13,500 +3.8% --
04/18/2016 04/18/16 Rented $13,000 -18.8% --
04/15/2016 04/15/16 Under Contract -- -- --
11/25/2015 11/25/15 For Rent $16,000 -- --
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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11465161

MIAMI REALTORS® MLS

APN: 02-4203-368-0001