NOT LISTED FOR SALE

Estimated Value: $546,000 - $818,000

2 Beds
2 Baths
1,010 Sq Ft
1938 Built

Last Sold July 16, 2021

Last sale price $539,500 $534 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,109/month

93 Days on Market

Highlights

  • Intercom to Front Desk
  • Wood Flooring
  • End Unit
  • Sitting Area In Primary Bedroom
  • Garden View
  • Patio

About This Home

As of July 2021

Bright and Spacious corner unit in a stunningly landscaped Art-Deco style building. This outstanding split floor plan (separated bedrooms) with high ceilings offers abundant natural light from every room and solid hardwood floors throughout. As per HOA governing docs actual size is 1069 SF. The living-room french sliding doors open to a wood-built deck (200 SF) ideal for entertaining, unwinding, soaking up the sun and grilling!
Ideally located in the heart of South Beach The Ibiza Condo is walking distance to Lincoln Road, Sunset Harbor, Flamingo Park and the Ocean. Perfect mix of small beach community with international sophistication. World-class dining, parks and entertainment.

Last Agent to Sell the Property

Bill Hahne

Coldwell Banker Realty License #0688245 Listed on: 03/09/2021

Coldwell Banker Realty

Co-Listed By

Flor Rodriguez

Coldwell Banker Realty License #3409270

Last Buyer's Agent

Elliot Machado

Serhant License #3226096

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1938

Home Design

  • Cluster Home
  • Entry on the 1st floor

Interior Spaces

  • 1,010 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Outdoor Grill

Additional Features

  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-105-0020

Community Details

Overview

  • Property has a Home Owners Association
  • The Ibiza Condo
  • The Ibiza Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Intercom to Front Desk

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $500
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,256

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Patio/Cluster
  • Co List Office Mls Id: HAHN01
  • Co List Office Phone: 305-851-2222
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 1010
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom

Exterior Features

  • View: Garden View, None
  • Exterior Features: Barbeque
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Barbecue
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-105-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 500

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jul 9, 2021
Sold by
Blake Morton and Blake Emma
Bought by
Maass Daniel Wythe and Maass Robb Raymond
Seller's Agent
Bill Hahne
Coldwell Banker Realty
Buyer's Agent
Elliot Machado
Serhant
List Price
$579,000
Sold Price
$539,500
Premium/Discount to List
-$39,500
-6.82%
Current Estimated Value
$642,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,984
Avg. Annual Appreciation
4.22%
Original Mortgage
$484,500
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2001
Sold by
Michael A Burke M and Michael Morag C
Bought by
Blake Morton

Purchase Details

Closed on
Aug 2, 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
$148,500
Interest Rate
7.66%
Mortgage Type
New Conventional
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
Maass Daniel Wythe $539,500 Florida Secured Title Llc
Blake Morton $195,000 --
Burke Michael A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maass Daniel Wythe $484,500
Previous Owner Burke Michael A $81,500
Previous Owner Burke Michael A $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $539,500 -6.8% $534 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $579,000 -- $573 / 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 $8,269 $452,540 -- --
2024 $7,865 $411,400 -- --
2023 $7,865 $374,000 $0 $0
2022 $6,388 $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: A11010353

MIAMI REALTORS® MLS

APN: 02-3234-105-0020