NOT LISTED FOR SALE

Estimated Value: $322,266 - $648,000

2 Beds
1 Bath
720 Sq Ft
1981 Built

Last Sold September 20, 2013

Last sale price $293,000 $407 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,783/month

191 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Furnished
  • Newly Remodeled
  • Main Floor Primary Bedroom
  • 4-minute walk to Lummus Park

About This Home

As of September 2013

Excellent Investment ... Vacation Rental property ... 2BR 1BA 750 sqft penthouse floor ... partial Ocean Views ...deeded assigned parking ... elevator access ... security cameras ... Marketed at $677 weekend or $1,277 week ... offered completely furnishe d ...

Last Agent to Sell the Property

Thomas Reed

MMLS Assoc.-Inactive Member License #0673623 Listed on: 02/12/2013

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Andrew Cohen

Douglas Elliman License #0702425

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1981 | Newly Remodeled

Lot Details

  • South Facing Home
  • Fenced

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Elevated Home
  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 720 Sq Ft Home
  • Furnished
  • Blinds
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-156-0040

Community Details

Overview

  • Property has a Home Owners Association
  • 821 Collins Galil Condo
  • 5-Story Property

Amenities

  • Trash Chute
  • Elevator

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

Built in 1981 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: COLLINS AVENUE & 8TH STREET ... THE CENTER OF SOUTH BEACH
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Wood
  • Furnished: Furnished
  • Living Area: 720
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Blinds
  • Bedroom Features: Primary Bedroom Ground Level, Entry Level
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 821 Collins Galil Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Deeded, Covered, Assigned, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 370
  • Amenities: Elevator(s), Exterior Lighting, Trash Chute
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-156-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 370

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2743

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
Williams Robertson Inc
Bought by
Galil 501 Llc
Current Estimated Value
$431,067

Purchase Details

Listed on
Feb 12, 2013
Closed on
Sep 20, 2013
Sold by
Hoffman Glean S and Hoffman Nancy S
Bought by
Williams & Robertson Inc
Seller's Agent
Thomas Reed
MMLS Assoc.-Inactive Member
Buyer's Agent
Andrew Cohen
Douglas Elliman
List Price
$325,000
Sold Price
$293,000
Premium/Discount to List
-$32,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Bodnar Patrick and Bodnar Antonia
Bought by
Hoffman Glenn S and Hoffman Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2002
Sold by
Clara Molina I
Bought by
Bodnar Patrick and Bodnar Antonia
Source: Public Records

Range of Values:

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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
Galil 501 Llc -- None Available
Williams & Robertson Inc $293,000 Attorney
Hoffman Glenn S $289,000 None Available
Bodnar Patrick $135,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Glenn S $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $293,000 -5.8% $407 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
07/03/2013 07/03/13 Price Changed $311,000 -2.7% $432 / Sq Ft
05/05/2013 05/05/13 Price Changed $319,500 -1.7% $444 / Sq Ft
02/12/2013 02/12/13 For Sale $325,000 -- $451 / 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 $5,429 $288,915 -- --
2024 $5,460 $288,915 -- --
2023 $5,460 $288,915 $0 $0
2022 $4,935 $262,650 $0 $0
2021 $5,071 $262,650 $0 $0
2020 $5,085 $262,650 $0 $0
2019 $5,090 $262,650 $0 $0
2018 $5,206 $276,851 $0 $0
2017 $4,803 $237,919 $0 $0
2016 $4,201 $216,290 $0 $0
2015 $4,285 $216,290 $0 $0
2014 $4,196 $206,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1747218

MIAMI REALTORS® MLS

APN: 02-4203-156-0040