NOT LISTED FOR SALE

Estimated Value: $511,000 - $618,000

2 Beds
2 Baths
1,010 Sq Ft
$500/mo HOA Fee

Last Sold June 14, 2021

Last sale price $465,000 $460 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,062/month

52 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Patio
  • Garden View
  • Walk-In Closet
  • Entrance Foyer

About This Home

As of June 2021

ART DECO PEARL! Best CORNER in a Art Deco Building with 4 Units only! Spacious unit with split floor plan (separated bedrooms) with high ceilings, offers abundant natural light from every room and solid hardwood floors throughout. The living-room opens to a wood-built outdoor space. Ideally located in the heart of South Beach The Ibiza Condo is steps away to Lincoln Road, Sunset Harbor, Flamingo Park and the Ocean.

Last Agent to Sell the Property

vittoria ruzzi

Celis Realty Group License #3378107 Listed on: 03/14/2021

Last Buyer's Agent

ROLANDO TAPANES

Brown Harris Stevens License #3068993

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1938

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,010 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Garden Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Patio
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-105-0010

Community Details

Overview

  • The Ibizia Condo
  • The Ibiza Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,256

Year Built

Built in 1938

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE IBIZA CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1010
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE IBIZIA CONDO
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Phone Entry

Condo/Co-op/Association

  • Association Fee: 500
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-105-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 500

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Jun 14, 2021
Sold by
Zen Stefano and Rizzello Ada
Bought by
Barclay Sam C and Wallwork Rebecca N
Seller's Agent
vittoria ruzzi
Celis Realty Group
Buyer's Agent
ROLANDO TAPANES
Brown Harris Stevens
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$575,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,277
Avg. Annual Appreciation
5.09%
Original Mortgage
$348,750
Outstanding Balance
$315,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$259,527

Purchase Details

Closed on
Jul 6, 2005
Sold by
Koerner Andrew S
Bought by
Zen Stefano and Rizzello Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2003
Sold by
Rosenzweig Lester Y and Walling Thomas J
Bought by
Koerner Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 23, 2002
Sold by
Rosenzweig Lester
Bought by
Rosenzweig Lester Y and Walling Thomas J

Purchase Details

Closed on
Feb 14, 2001
Sold by
Burke Michael A
Bought by
Rosenzweig Lester

Purchase Details

Closed on
Aug 16, 1999
Sold by
Stetara Inc
Bought by
Burke Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.7%
Mortgage Type
New Conventional
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
Barclay Sam C $465,000 Attorney
Zen Stefano $370,000 --
Koerner Andrew S $266,000 --
Rosenzweig Lester Y -- --
Rosenzweig Lester $186,000 --
Burke Michael A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barclay Sam C $348,750
Previous Owner Zen Stefano $240,500
Previous Owner Burke Michael A $20,000
Previous Owner Koerner Andrew S $212,800
Previous Owner Burke Michael A $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $465,000 -4.1% $460 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $485,000 -- $480 / 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 $6,004 $371,166 -- --
2024 $5,840 $360,706 -- --
2023 $5,840 $350,200 $0 $0
2022 $5,614 $340,000 $0 $0
2021 $3,301 $211,892 $0 $0
2020 $3,256 $208,967 $0 $0
2019 $3,168 $204,269 $0 $0
2018 $2,998 $200,461 $0 $0
2017 $2,962 $196,338 $0 $0
2016 $2,947 $192,300 $0 $0
2015 $2,983 $190,964 $0 $0
2014 $3,033 $189,449 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11033150

MIAMI REALTORS® MLS

APN: 02-3234-105-0010