NOT LISTED FOR SALE

8509 Crespi Blvd Unit 12 Miami Beach, FL 33141

Biscayne Point Neighborhood

Estimated Value: $356,000 - $478,768

2 Beds
2 Baths
912 Sq Ft
$428/mo HOA Fee

Last Sold June 21, 2021

Last sale price $270,000 $296 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,227/month

119 Days on Market

Highlights

  • Boat Dock
  • Intracoastal View
  • Balcony
  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • 4-minute walk to Stillwater Park

About This Home

As of June 2021

Live and play on the water in Miami Beach! This 2/2 Corner unit on the top floor has beautiful bay views, tiled floors, granite kitchen counters, stainless appliances, hurricane impact windows, and washer/dryer. Boat dock available right below your apartment, and one assigned parking space on the premises. This unit is one of two side-by-side units for sale that can be purchased as a package (#11 also for sale). Purchase separately or both units together for a profitable investment opportunity. Currently tenant occupied.

Last Agent to Sell the Property

Banna Fakhoury

One Sotheby's International Re License #3294832 Listed on: 12/16/2020

One Sotheby's International Re

Last Buyer's Agent

Diego Gonzalez

MMLS Assoc.-Inactive Member License #3383536

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1960 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Property Views

  • Intracoastal
  • Bay

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Unrestricted saltwater access
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-129-0120

Community Details

Overview

  • Adelante Condo
  • Adelante Condo Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Clear Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,194

Year Built

Built in 1960 | Newly Remodeled

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: ADELANTE CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 912
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Clear Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Intracoastal View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ADELANTE CONDO
  • Parking Features: 1 Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 428
  • Amenities: Boat Dock, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-129-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Gonzalez Diego M
Bought by
Duran Leonardo and Chorpenning Adam
Total Days on Market
119
Current Estimated Value
$421,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$277,346
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$143,846

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jun 17, 2021
Sold by
Fernandez Edward
Bought by
Gonzalez Diego M
Seller's Agent
Banna Fakhoury
One Sotheby's International Re
Buyer's Agent
Diego Gonzalez
MMLS Assoc.-Inactive Member
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$192,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Fernandez Edward

Purchase Details

Closed on
Aug 22, 2007
Sold by
Pritcher Boris
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 3, 2006
Sold by
Crespi Landowners Lc
Bought by
Pritcher Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.84%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Duran Leonardo $385,000 Equity Land Title
Gonzalez Diego M $270,000 Attorney
Fernandez Edward $157,500 Rels Title
Deutsche Bank National Trust Co -- None Available
Pritcher Boris $440,000 Statewide Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Leonardo $285,000
Previous Owner Gonzalez Diego M $192,000
Previous Owner Pritcher Boris $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $270,000 -3.6% $296 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $280,000 -- $307 / 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
2024 $5,221 $331,524 -- --
2023 $5,221 $276,270 $0 $0
2022 $4,153 $221,018 $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

  • 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
  • Diego Gonzalez

    Buyer's Agent in 2021

    Diego Gonzalez

    MMLS Assoc.-Inactive Member

    (305) 766-9779

    4 in this area

    9 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10972409

MIAMI REALTORS® MLS

APN: 02-3202-129-0120

Florida Miami/Dade County Miami Beach 33141 Biscayne Point

8509 Crespi Blvd Unit 12, Miami Beach, FL

This home is located at 8509 Crespi Blvd Unit 12, Miami Beach, FL 33141 since 16 December 2020 and is currently estimated at $421,192, approximately $461 per square foot. This property was built in 1960. 8509 Crespi Blvd Unit 12 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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