NOT LISTED FOR SALE

Estimated Value: $1,061,000 - $1,309,000

2 Beds
2 Baths
1,130 Sq Ft
$1,266/mo HOA Fee

Last Sold February 07, 2023

Last sale price $1,067,500 $945 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,656/month

105 Days on Market

Highlights

  • Doorman
  • Marina
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated A-
  • Ocean View
  • Fitness Center

About This Home

As of February 2023

Beautifully remodeled two-bedroom unit with spectacular city, ocean and bay views. This corner unit is one of the few in the building with a wrap-around balcony and floor-to-ceiling windows in the living room. Beautiful light wood floors and modern bathrooms. A great unit in an amenity-filled building, in the best area of Miami Beach!

Last Agent to Sell the Property

Eyal Weinstein

Catapult Investments LLC License #3071199 Listed on: 10/24/2022

Last Buyer's Agent

Eyal Weinstein

Catapult Investments LLC License #3071199 Listed on: 10/24/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,395

Year Built

  • Built in 1999 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,266 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,130 Sq Ft Home
  • Vertical Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Unrestricted saltwater access
  • Deck
  • Outdoor Grill

Schools

  • South Pointe Elementary School

Utilities

  • Central Air
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-234-2960

Community Details

Overview

  • 361 Units
  • High-Rise Condominium
  • Yacht Club At Portofino Condos
  • Yacht Club At Portofino C,Yacht Club Subdivision
  • 34-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Secure Lobby
  • Elevator

Recreation

  • Marina
  • Community Spa

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,395

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0

HOA Fees

$1,266 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Carport Y N: Yes
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YACHT CLUB AT PORTOFINO C,Yacht Club
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater
  • Interior Amenities: Closet Cabinetry, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1130
  • Possible Use: Unknown/Withheld
  • Stories: 34
  • Window Features: Verticals
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: Updated/Remodeled, New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Yacht Club at Portofino
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached Carport, Assigned, Parking-Under Building, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Security: Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1266
  • Amenities: Barbecue, Elevator(s), Exercise Room, Heated Pool, Marina, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe

Lot Info

  • Parcel Number: 02-42-03-234-2960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1266
  • Number Of Units In Community: 361

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Feb 6, 2023
Sold by
Weinstein Eyal
Bought by
Herman Thomas and Manorat Sawitree
Seller's Agent
Eyal Weinstein
Catapult Investments LLC
Buyer's Agent
Eyal Weinstein
Catapult Investments LLC
List Price
$1,250,000
Sold Price
$1,067,500
Premium/Discount to List
-$182,500
-14.6%
Views
44
Current Estimated Value
$1,284,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,105
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Dec 4, 2002
Sold by
Raghunandan Gopnarin
Bought by
Weinstein Eyal

Purchase Details

Closed on
Dec 3, 1999
Sold by
Yacht Club At Portofino Ltd
Bought by
Raghunandan Gopnarine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,550
Interest Rate
7.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Herman Thomas $1,067,500 --
Weinstein Eyal $352,500 Sunbelt Title Agency
Raghunandan Gopnarine $239,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raghunandan Gopnarine $60,000
Previous Owner Raghunandan Gopnarine $178,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $1,067,500 -10.3% $945 / Sq Ft
11/14/2022 11/14/22 Price Changed $1,190,000 -4.8% $1,053 / Sq Ft
10/24/2022 10/24/22 For Sale $1,250,000 0.0% $1,106 / Sq Ft
03/05/2021 03/05/21 Rented $5,400 -1.8% --
03/01/2021 03/01/21 Price Changed $5,500 +12.2% $5 / Sq Ft
10/28/2020 10/28/20 For Rent $4,900 0.0% --
10/18/2019 10/18/19 Rented $4,900 -2.0% --
07/15/2019 07/15/19 For Rent $5,000 -- --
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 $16,276 $933,688 -- --
2024 $13,215 $907,375 -- --
2023 $13,215 $613,123 $0 $0
2022 $11,141 $557,385 $0 $0
2021 $9,784 $506,714 $0 $0
2020 $10,900 $563,015 $0 $0
2019 $10,619 $548,000 $0 $0
2018 $11,324 $602,231 $0 $0
2017 $10,842 $569,324 $0 $0
2016 $11,690 $584,291 $0 $0
2015 $11,282 $531,174 $0 $0
2014 $10,751 $482,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11292944

MIAMI REALTORS® MLS

APN: 02-4203-234-2960