NOT LISTED FOR SALE

Estimated Value: $551,000 - $561,000

2 Beds
2 Baths
1,084 Sq Ft
$803/mo HOA Fee

Last Sold October 23, 2020

Last sale price $355,000 $327 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,175/month

88 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Coral Gables Preparatory Academy Rated A-
  • Intercom to Front Desk
  • Vaulted Ceiling

About This Home

As of October 2020

“Enjoy a SPECTACULAR VIEW of Downtown, Brickell & Key Biscayne with an AMAZING SUNRISE from your own balcony. This 2 bed/2 bath split floor plan condo offers: gorgeous “wood look” porcelain tile throughout, Italian open kitchen with cherry wood cabinets and granite counter top, SS appliances, 2 parking spaces conveniently located near unit, washer & dryer, spacious bedrooms and walk-in closets. Master bath features a shower, Jacuzzi, and double sink vanity.
Living in Puerta de Palmas is like living in a FIVE STAR hotel, but with the privacy of your own unit. The building’s HOA has plenty of reserves. HOA fees cover: water & sewer, cable, high-speed Internet, land-line phone, exterior insurance, management, free valet, and 24/7 concierge to name a few amenities.“

Last Agent to Sell the Property

Elba Hernandez

Coldwell Banker Realty License #0654728 Listed on: 06/30/2020

Coldwell Banker Realty

Last Buyer's Agent

Luis Urcuyo

Beachfront Realty Inc License #3226256

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 2007

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,084 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-114-0440

Community Details

Overview

  • 198 Units
  • Club Membership Required
  • Puerta De Palmas Condos
  • Puerta De Palmas Condo Subdivision, Coco Floorplan
  • 17-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Billiard Room
  • Business Center
  • Intercom to Front Desk
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,286

Year Built

Built in 2007

Lot Details

0

HOA Fees

$803 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Master Model: COCO
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PUERTA DE PALMAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, First Floor Entry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1084
  • Possible Use: Primary
  • Stories: 17
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PUERTA DE PALMAS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Guard At Site, Intercom In Lobby, Lobby Secured, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 803
  • Amenities: Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-114-0440
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 803
  • Number Of Units In Community: 198

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Oct 23, 2020
Sold by
Pita Steven and Pita Sarah
Bought by
Rodriguez Anais Sanchez
Seller's Agent
Elba Hernandez
Coldwell Banker Realty
Buyer's Agent
Luis Urcuyo
Beachfront Realty Inc
List Price
$379,000
Sold Price
$355,000
Premium/Discount to List
-$24,000
-6.33%
Current Estimated Value
$554,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,943
Avg. Annual Appreciation
9.90%
Original Mortgage
$167,000
Outstanding Balance
$149,283
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$412,459

Purchase Details

Listed on
Jan 7, 2016
Closed on
Jun 13, 2016
Sold by
Assali James and Assali Patrick
Bought by
Pita Steven and Gamundi Sarah
Seller's Agent
Marilu Chavez
MMLS Assoc.-Inactive Member
Buyer's Agent
Diana Dutriz Bustamante
MMLS Assoc.-Inactive Member
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$266,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2007
Sold by
Urban Development 1 Llc
Bought by
Assali James and Assali Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
Rodriguez Anais Sanchez $355,000 Market Title Llc
Pita Steven $355,000 Attorney
Assali James $362,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Anais Sanchez $167,000
Previous Owner Pita Steven $266,250
Previous Owner Assali Patrick M $279,911
Previous Owner Assali James $289,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $355,000 -3.8% $327 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $369,000 -2.6% $340 / Sq Ft
06/30/2020 06/30/20 For Sale $379,000 +6.8% $350 / Sq Ft
06/17/2016 06/17/16 Sold $355,000 0.0% $327 / Sq Ft
04/14/2016 04/14/16 Off Market $355,000 -- --
04/13/2016 04/13/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $375,000 -- $346 / 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 $4,242 $277,954 -- --
2024 $4,123 $270,121 -- --
2023 $4,123 $262,254 $0 $0
2022 $3,979 $254,616 $0 $0
2021 $3,956 $247,200 $0 $0
2020 $3,877 $242,345 $0 $0
2019 $4,286 $263,418 $0 $0
2018 $4,181 $263,418 $0 $0
2017 $4,667 $286,324 $0 $0
2016 $5,015 $241,961 $0 $0
2015 $4,752 $219,965 $0 $0
2014 $4,191 $199,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10883839

MIAMI REALTORS® MLS

APN: 03-4108-114-0440