NOT LISTED FOR SALE

Estimated Value: $385,956 - $674,000

2 Beds
2 Baths
806 Sq Ft
$468/mo HOA Fee

Last Sold December 12, 2016

Last sale price $380,000 $471 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,485/month

31 Days on Market

Highlights

  • Newly Remodeled
  • Elevator
  • Intercom
  • Wood Flooring
  • Balcony
  • 4-minute walk to Lummus Park

About This Home

As of December 2016

Great opportunity, rare 2/2 condo with parking on 8th and Collins in Miami Beach Historic Art Deco District behind News Cafe. In the MXE (mixed use and entertainment zone). Parking is included which is a hot commodity on the beach. Walk one block to the ocean. Pets allowed up to 50 lbs. Elevator in building, fast approval process. Huge potential as Miami Beach is growing and expanding with investments.

Last Agent to Sell the Property

Raul Soberon

LoKation License #3345832 Listed on: 10/11/2016

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,342

Year Built

  • Built in 1981 | Newly Remodeled

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Interior Spaces

  • 806 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Schools

  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-156-0060

Community Details

Overview

  • Association fees include management, common areas, legal/accounting, ground maintenance, maintenance structure, reserve fund, roof, trash, water
  • Galil I Condo Subdivision

Amenities

  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,342

Year Built

Built in 1981 | Newly Remodeled

Lot Details

0

HOA Fees

$468 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 then east on 395 to Collins. Then north on Collins, past 8th street. Building on the right. 821 Collins.
  • Year Built: 1981
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Living/Dining Room, Other, Intercom
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 806.0
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony
  • View: Other
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: One Space, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Phone Entry, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Association Fee: 468.0
  • Senior Community: No
  • Amenities: Trash, Elevator(s)
  • Association #2 Fee: 468.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Reserve Fund, Roof, Trash, Water

Schools

  • High School: Miami Beach

Lot Info

  • Parcel #: 02-42-03-156-0060

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2342.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
Williams & Robertson Inc
Bought by
Galil 302 Llc
Current Estimated Value
$473,239

Purchase Details

Listed on
Oct 11, 2016
Closed on
Dec 8, 2016
Sold by
Soberon Raul T and Soberon Rosa
Bought by
Williams And Robertson Inc
Seller's Agent
Raul Soberon
LoKation
List Price
$499,000
Sold Price
$380,000
Premium/Discount to List
-$119,000
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%

Purchase Details

Closed on
May 26, 2006
Sold by
Cortes Juan M and Lescano Luisa S
Bought by
Soberon Raul T and Soberon Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 1998
Sold by
Black Joseph and Polino Teresa
Bought by
Desa Rui F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,550
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1993
Sold by
Meza Jorge E
Bought by
Black Joseph A and Polino Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
7.39%
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
Galil 302 Llc -- None Available
Williams And Robertson Inc $380,000 Attorney
Soberon Raul T $320,000 Attorney
Desa Rui F $96,500 --
Black Joseph A $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soberon Raul T $256,000
Previous Owner Desa Rui F $129,600
Previous Owner Lescano Luisa S $129,600
Previous Owner Desa Rui F $67,550
Previous Owner Black Joseph A $59,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $380,000 -23.8% $471 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $499,000 -- $619 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,940 $316,107 -- --
2024 $5,973 $316,107 -- --
2023 $5,973 $316,107 $0 $0
2022 $5,400 $287,370 $0 $0
2021 $5,549 $287,370 $0 $0
2020 $5,563 $287,370 $0 $0
2019 $5,569 $287,370 $0 $0
2018 $5,708 $303,526 $0 $0
2017 $5,780 $303,526 $0 $0
2016 $2,315 $159,734 $0 $0
2015 $2,297 $158,624 $0 $0
2014 $2,297 $157,366 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10034841

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4203-156-0060