$515,000
SOLD DEC 2, 2014
1 Bed
1 Bath
780 Sq Ft
$575/mo HOA Fee

Recently Sold

$660 Per Sq Ft

13% Below List Price

174 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Furnished
  • South Pointe Elementary School Rated A-
  • Intercom to Front Desk
  • Community Pool

About This Home

As of December 2014

Fabulous 1/1 with stunning sunset and water views located in South Beach's exclusive "South of 5th" neighborhood. High demand building with flexible rental policy (30 day minimum). Ideal primary or secondary residence, or, short/long term rental inves tment property. Offered fully furnished. The Yacht Club at Portofino is pet friendly and features amenities including tennis courts, pool, gym, spa and more. Lowest priced unit available in best line of the building.

Last Agent to Sell the Property

Johanna Bassols

Oceanica Real Estate, LLC License #3198833 Listed on: 06/04/2014

Last Buyer's Agent

Bruno Ricci

Fortune Christie's International Real Estate License #3052261

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,302

Year Built

  • Built in 1999

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 780 Sq Ft Home
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-234-1770

Community Details

Overview

  • 361 Units
  • Yacht Club At Portofino Condos
  • 34-Story Property

Amenities

  • Trash Chute
  • Intercom to Front Desk
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,302

Year Built

Built in 1999

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Entry Level: 17
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 780
  • Possible Use: Secondary
  • Stories: 34
  • Bedroom Features: None

Exterior Features

  • View: Bay
  • Exterior Features: None, Barbeque, Tennis Court(s)
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Yacht Club at Portofino
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Fire Alarm, Guard At Site, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 575
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Exterior Lighting, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-234-1770
  • Lot Size Sq Ft: 768
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 361
  • Number Of Units Total: 361

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Dec 2, 2014
Sold by
Nu South Llc
Bought by
Ycp 1706 Llc
Seller's Agent
Johanna Bassols
Oceanica Real Estate, LLC
Buyer's Agent
Bruno Ricci
Fortune Christie's International Real Estate
List Price
$590,000
Sold Price
$515,000
Premium/Discount to List
-$75,000
-12.71%
Current Estimated Value
$924,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,240
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Daskaloff Alexander
Bought by
Nu South Llc

Purchase Details

Closed on
May 22, 2001
Sold by
Annette Franqui I
Bought by
Gaut Eric K and Gaut Julie A

Purchase Details

Closed on
Dec 21, 1999
Sold by
Yacht Club At Portofino Ltd
Bought by
Dominguez-Orteg Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
7.85%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $515,000 Attorney
Warranty Deed $399,800 South Florida Title Inc
Warranty Deed $440,000 --
Deed $210,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $201,400 New Conventional
Previous Owner $157,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2023 04/15/23 Rented $3,950 0.0% --
03/31/2023 03/31/23 Under Contract -- -- --
03/13/2023 03/13/23 For Rent $3,950 +68.1% --
02/01/2021 02/01/21 Rented $2,350 0.0% --
12/30/2020 12/30/20 Under Contract -- -- --
12/15/2020 12/15/20 For Rent $2,350 0.0% --
12/15/2020 12/15/20 Off Market $2,350 -- --
10/23/2020 10/23/20 Off Market $2,350 -- --
10/21/2020 10/21/20 Price Changed $2,350 -6.0% $3 / Sq Ft
10/08/2020 10/08/20 Price Changed $2,500 -7.4% $3 / Sq Ft
09/04/2020 09/04/20 For Rent $2,700 0.0% --
12/02/2014 12/02/14 Sold $515,000 -5.5% $660 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
09/11/2014 09/11/14 Price Changed $545,000 -6.0% $699 / Sq Ft
07/17/2014 07/17/14 Price Changed $580,000 -1.7% $744 / Sq Ft
06/04/2014 06/04/14 For Sale $590,000 0.0% $756 / Sq Ft
02/12/2014 02/12/14 Rented $2,800 -1.8% --
01/13/2014 01/13/14 Under Contract -- -- --
01/07/2014 01/07/14 For Rent $2,850 -- --
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 $10,099 $569,525 -- --
2023 $10,099 $517,750 $0 $0
2022 $9,126 $470,682 $0 $0
2021 $8,262 $427,893 $0 $0
2020 $7,742 $399,900 $0 $0
2019 $8,333 $430,000 $0 $0
2018 $8,276 $440,095 $0 $0
2017 $8,216 $431,466 $0 $0
2016 $8,649 $445,270 $0 $0
2015 $8,822 $445,270 $0 $0
2014 $8,426 $394,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1959110

MIAMI REALTORS® MLS

APN: 02-4203-234-1770