NOT LISTED FOR SALE

Estimated Value: $273,000 - $303,000

2 Beds
1 Bath
931 Sq Ft
1955 Built

Last Sold October 16, 2023

Last sale price $270,000 $290 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,844/month

26 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Tatum Park
  • Views

About This Home

As of October 2023

Very rare Miami Beach 2 bed below 300k!!! Charming 2 bedroom 1 bath, minutes from the beach. Washer Dryer in unit, central A/C, street parking. OK to lease first year minimum 1 year (was leased $2,650). Brand new water heater. $610 monthly maintenance includes reserves. Roof redone May 2023. No special assessment. Cash buyer only.

Last Agent to Sell the Property

Marc Sacheli

Sterling Equity Realty LLC Brokerage Phone: 305-898-2818 License #3222170 Listed on: 06/22/2023

Last Buyer's Agent

Eduardo Bocanegra

Luxe Properties License #3361572

Luxe Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1955

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 931 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-137-0020

Community Details

Overview

  • Property has a Home Owners Association
  • Ritz Royal Palm Condo
  • Ritz Royal Palm Condo,Ritz Royal Palm Cond Subdivision

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $610

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,453

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RITZ ROYAL PALM CONDO,RITZ ROYAL PALM COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-898-2818
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 931
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, None
  • Construction Type: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RITZ ROYAL PALM CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-137-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2453

Multi Family

  • Maintenance Expense: 610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 11, 2023
Sold by
Sonilex Llc
Bought by
Erhnr Llc
Seller's Agent
Marc Sacheli
Sterling Equity Realty LLC
Buyer's Agent
Eduardo Bocanegra
Luxe Properties
List Price
$297,000
Sold Price
$270,000
Premium/Discount to List
-$27,000
-9.09%
Views
198
Current Estimated Value
$286,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,548
Avg. Annual Appreciation
2.96%

Purchase Details

Listed on
Sep 16, 2011
Closed on
Feb 22, 2012
Sold by
Portelau Corp
Bought by
Sonilex Llc
Seller's Agent
Marcela SantaMaria
EXP Realty LLC
Buyer's Agent
Michel Sabbah
MCS Investments & Property Management LLC
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Los Thompson Llc
Bought by
Portelau Corp

Purchase Details

Closed on
Jul 8, 2011
Sold by
Amitrano Daniel R and Fernandez Monica A
Bought by
Los Thompson Llc

Purchase Details

Closed on
May 8, 2010
Sold by
Confienza James
Bought by
Amitrano Daniel R and Fernandez Monica A

Purchase Details

Closed on
Jul 21, 2006
Sold by
Ritz Royal Palm Llc
Bought by
Confienza James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,200
Interest Rate
7.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Erhnr Llc $270,000 Titles Unlimited
Erhnr Llc $270,000 Titles Unlimited
Sonilex Llc $150,000 Attorney
Portelau Corp $115,000 Attorney
Los Thompson Llc -- Micasa Title Services Inc
Amitrano Daniel R $61,500 Attorney
Confienza James $266,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Confienza James $213,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2023 10/16/23 Sold $270,000 -6.6% $290 / Sq Ft
08/28/2023 08/28/23 Price Changed $289,000 -1.7% $310 / Sq Ft
08/25/2023 08/25/23 Price Changed $294,000 +0.7% $316 / Sq Ft
08/21/2023 08/21/23 Price Changed $292,000 -1.7% $314 / Sq Ft
08/14/2023 08/14/23 For Sale $297,000 0.0% $319 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $297,000 0.0% $319 / Sq Ft
05/06/2022 05/06/22 Rented $2,625 0.0% --
04/21/2022 04/21/22 Under Contract -- -- --
04/13/2022 04/13/22 For Rent $2,625 0.0% --
04/13/2022 04/13/22 Price Changed $2,625 +4.0% $3 / Sq Ft
04/07/2022 04/07/22 Under Contract -- -- --
03/29/2022 03/29/22 For Rent $2,525 +68.3% --
11/01/2019 11/01/19 Rented $1,500 0.0% --
09/24/2019 09/24/19 Price Changed $1,500 -6.3% $2 / Sq Ft
09/12/2019 09/12/19 For Rent $1,600 0.0% --
07/29/2018 07/29/18 Rented $1,600 0.0% --
07/14/2018 07/14/18 Under Contract -- -- --
07/05/2018 07/05/18 Price Changed $1,600 -11.1% $2 / Sq Ft
06/18/2018 06/18/18 For Rent $1,800 +12.5% --
02/16/2017 02/16/17 Rented $1,600 0.0% --
02/09/2017 02/09/17 Price Changed $1,600 -8.6% $2 / Sq Ft
02/01/2017 02/01/17 Price Changed $1,750 -2.8% $2 / Sq Ft
01/20/2017 01/20/17 For Rent $1,800 +5.9% --
10/09/2014 10/09/14 Rented $1,700 0.0% --
10/09/2014 10/09/14 For Rent $1,700 +21.4% --
04/26/2012 04/26/12 Rented $1,400 -22.2% --
03/27/2012 03/27/12 Under Contract -- -- --
03/08/2012 03/08/12 For Rent $1,800 0.0% --
03/01/2012 03/01/12 Sold $150,000 0.0% $161 / Sq Ft View Prior Sale
01/16/2012 01/16/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $150,000 -- $161 / 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 $4,122 $225,949 -- --
2024 $2,822 $219,368 -- --
2023 $2,822 $127,503 $0 $0
2022 $2,453 $115,912 $0 $0
2021 $2,401 $105,375 $0 $0
2020 $2,420 $175,100 $0 $0
2019 $2,316 $175,054 $0 $0
2018 $2,008 $156,298 $0 $0
2017 $1,960 $71,974 $0 $0
2016 $1,936 $65,431 $0 $0
2015 $1,426 $59,483 $0 $0
2014 $1,099 $54,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11407715

MIAMI REALTORS® MLS

APN: 02-3202-137-0020