NOT LISTED FOR SALE

8509 Crespi Blvd Unit 11 Miami Beach, FL 33141

Biscayne Point Neighborhood

Estimated Value: $342,000 - $398,559

2 Beds
2 Baths
897 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $340,000 $379 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,919/month

22 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Cooling System Mounted To A Wall/Window
  • Boat Dock
  • Complete Impact Glass
  • 4-minute walk to Stillwater Park

About This Home

As of October 2022

Great Location for Investment! 2 Blocks away from the beach and Ocean access with no fix bridges. More than 100 liner Ft of Dock for your Boat paying only $3/Liner feet of boat when you own. Only 12 Units in the Building. Unit renovated 2 years ago with washer and dryer and Impact and Sound Proof windows. Unit is currently rented until Oct/1st/2022. For showing please text listing agent making sure buyer is already pre-approved if finance and proof of funds if cash buyer.

Last Agent to Sell the Property

Diego Gonzalez

MMLS Assoc.-Inactive Member License #3383536 Listed on: 09/16/2022

Last Buyer's Agent

Adrienne Malics-Lopez

Real Broker LLC License #3057596

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1960

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway

HOA Fees

  • $532 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 897 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Shared Dock

Location

  • East of U.S. Route 1

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-129-0100

Community Details

Overview

  • Adelante Condo
  • Adelante Condo Subdivision
  • The community has rules related to no trucks or trailers

Recreation

  • Boat Dock

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1960

Lot Details

0

HOA Fees

$532 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Dockominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Common Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Dockominium
  • Subdivision Name: ADELANTE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 897
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: East Of Us1
  • Pool Private: No
  • View: No
  • Waterfront Features: Intracoastal Front, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: ADELANTE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Trucks/Trailers

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 532
  • Amenities: Boat Dock
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-129-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 532

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 28, 2022
Sold by
Gonzalez Diego M and Gonzalez Heather
Bought by
Hanlon Kevin
Seller's Agent
Diego Gonzalez
MMLS Assoc.-Inactive Member
Buyer's Agent
Adrienne Malics-Lopez
Real Broker LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Total Days on Market
22
Views
57
Current Estimated Value
$379,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,390
Avg. Annual Appreciation
4.32%
Original Mortgage
$100,000
Outstanding Balance
$97,182
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$282,208

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jun 21, 2021
Sold by
Fernandez Edward
Bought by
Gonzalez Diego M and Kelly Heather
Seller's Agent
Banna Fakhoury
One Sotheby's International Re
Buyer's Agent
Diego Gonzalez
MMLS Assoc.-Inactive Member
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.05%

Purchase Details

Closed on
Nov 26, 2008
Sold by
Residential Funding Real Estate Holdings
Bought by
Fernandez Edward C

Purchase Details

Closed on
Jul 3, 2008
Sold by
Bermudez Edgardo
Bought by
Residential Funding Co Llc

Purchase Details

Closed on
Apr 25, 2007
Sold by
Bermudez Edgardo
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Jan 5, 2006
Sold by
Crespi Landowners Lc
Bought by
Bermudez Edgardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac
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
Hanlon Kevin $340,000 Quaker Title
Gonzalez Diego M $220,000 Attorney
Fernandez Edward C $86,000 Attorney
Residential Funding Real Estate Holdings -- Attorney
Residential Funding Co Llc -- None Available
Homecomings Financial Network Inc -- None Available
Bermudez Edgardo $420,000 Statewide Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanlon Kevin $100,000
Closed Hanlon Kevin $100,000
Previous Owner Bermudez Edgardo $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $340,000 -2.9% $379 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $350,000 0.0% $390 / Sq Ft
10/01/2021 10/01/21 Rented -- -- --
08/31/2021 08/31/21 For Rent $2,250 0.0% --
06/21/2021 06/21/21 Sold $220,000 -8.3% $245 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/12/2021 06/12/21 Price Changed $240,000 0.0% $268 / Sq Ft
06/12/2021 06/12/21 For Sale $240,000 +4.3% $268 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $230,000 -4.2% $256 / Sq Ft
12/16/2020 12/16/20 For Sale $240,000 0.0% $268 / Sq Ft
04/01/2019 04/01/19 Rented $1,600 0.0% --
02/08/2019 02/08/19 Price Changed $1,600 -1.8% $2 / Sq Ft
01/30/2019 01/30/19 Price Changed $1,630 -1.2% $2 / Sq Ft
12/19/2018 12/19/18 Price Changed $1,650 -2.9% $2 / Sq Ft
12/06/2018 12/06/18 Price Changed $1,700 -2.9% $2 / Sq Ft
11/29/2018 11/29/18 Price Changed $1,750 -2.8% $2 / Sq Ft
11/23/2018 11/23/18 For Rent $1,800 -- --
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
2024 $4,480 $260,799 -- --
2023 $4,480 $237,090 $0 $0
2022 $3,564 $189,668 $0 $0
2021 $3,027 $156,750 $0 $0
2020 $3,194 $165,000 $0 $0
2019 $2,907 $150,000 $0 $0
2018 $2,737 $150,000 $0 $0
2017 $2,476 $130,030 $0 $0
2016 $2,846 $133,027 $0 $0
2015 $2,480 $120,934 $0 $0
2014 $2,234 $109,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diego Gonzalez

    Seller's Agent in 2022

    Diego Gonzalez

    MMLS Assoc.-Inactive Member

    (305) 766-9779

    4 in this area

    9 Total Sales

    Section Image
  • Adrienne Malics-Lopez

    Buyer's Agent in 2022

    Adrienne Malics-Lopez

    Real Broker LLC

    (786) 408-7427

    1 in this area

    38 Total Sales

    Adrienne Malics-Lopez
    Section Image
  • Banna Fakhoury

    Seller's Agent in 2021

    Banna Fakhoury

    One Sotheby's International Re

    (786) 481-0622

    3 in this area

    60 Total Sales

    Banna Fakhoury
    Section Image
  • Cecilia Gambetta

    Buyer's Agent in 2021

    Cecilia Gambetta

    Robert Slack LLC

    (786) 246-2222

    51 Total Sales

    Cecilia Gambetta
    Section Image
  • Elena Pizzolato

    Buyer's Agent in 2019

    Elena Pizzolato

    Fortune Christie's International Real Estate

    (786) 443-9315

    15 Total Sales

    Elena Pizzolato
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11274110

MIAMI REALTORS® MLS

APN: 02-3202-129-0100

Florida Miami/Dade County Miami Beach 33141 Biscayne Point

8509 Crespi Blvd Unit 11, Miami Beach, FL

This home is located at 8509 Crespi Blvd Unit 11, Miami Beach, FL 33141 since 16 September 2022 and is currently estimated at $379,390, approximately $422 per square foot. This property was built in 1960. 8509 Crespi Blvd Unit 11 is a home located in Miami-Dade County with nearby schools including Biscayne Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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