$1,475,000
SOLD MAR 19, 2024
2 Beds
2 Baths
1,090 Sq Ft
$1,366/mo HOA Fee

Recently Sold

$1,353 Per Sq Ft

2% Below List Price

52 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • Furnished

About This Home

As of March 2024

THE Yacht Club at Portofino is ideally located in the most desired, exclusive neighborhood of Miami Beach: SOUTH OF FIFTH.
MUST SEE: Turnkey, fully furnished, high floor unit, rarely available.
This apartment features new kitchen, new appliances, new A/C, and electric water heater.
From this unit, experience amazing panoramic views of Biscayne Bay, intercoastal, Miami skyline and offer breathtaking sunset. Overlooking Sofi Marina.
Walking distance to the beach, restaurants, coffee shops, supermarket, South Point Park, direct access to Marina.
Easy access to downtown Miami, Wynwood and design district.
Amenities: pool, tennis, gym, sauna, BBQ, concierge, valet and 24h security.
Allows short term rentals of 30 days, ideal for end users and investors.
Enjoy the best of SOFI living!

Last Agent to Sell the Property

Dominique Vassos

CityFirst Realty, LLC License #3332312 Listed on: 11/16/2023

Last Buyer's Agent

Adam Weinstein

MMLS Assoc.-Inactive Member License #3466710

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,652

Year Built

  • Built in 1999 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $1,366 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,090 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Home Security

Outdoor Features

  • Balcony
  • Outdoor Grill

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-234-2890

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,652

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0

HOA Fees

$1,366 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 29
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YACHT CLUB AT PORTOFINO C
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1090
  • Possible Use: Primary
  • Stories: 34
  • Bedroom Features: Primary Bath Tub

Exterior Features

  • View: Bay, Intracoastal View, Pool Area View, Water View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Yacht Club
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Doorman

Condo/Co-op/Association

  • Association Fee: 1366
  • Amenities: Bike Storage, Barbecue, Exercise Room, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-234-2890
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Mar 15, 2024
Sold by
Rounds Eve S
Bought by
Midland Trust Company and Weinstein Alan S
Seller's Agent
Dominique Vassos
CityFirst Realty, LLC
Buyer's Agent
Adam Weinstein
MMLS Assoc.-Inactive Member
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%
Views
46
Current Estimated Value
$1,378,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,151
Avg. Annual Appreciation
-3.43%

Purchase Details

Listed on
Dec 1, 2017
Closed on
Feb 1, 2018
Sold by
Myatt Glenn John
Bought by
Rounds Eve S
Seller's Agent
Olesea Gherta
MMLS Assoc.-Inactive Member
Buyer's Agent
Dominique Vassos
CityFirst Realty, LLC
List Price
$895,000
Sold Price
$842,500
Premium/Discount to List
-$52,500
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Listed on
Jul 18, 2013
Closed on
Aug 15, 2013
Sold by
Alvarez Gloria S
Bought by
Myatt Glenn John
Seller's Agent
Jon Corso
Coldwell Banker Realty
Buyer's Agent
Despina Ikonomidou
MMLS Assoc.-Inactive Member
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.84%

Purchase Details

Closed on
Dec 3, 2007
Sold by
Alvarez Raul and Alvarez Gloria S
Bought by
Alvarez Gloria S
Source: Public Records

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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 $1,475,000 Clear Title Group
Warranty Deed $842,500 Attorney
Deed $875,000 Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Unknown
Previous Owner $258,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $1,475,000 -1.7% $1,353 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,500,000 +78.0% $1,376 / Sq Ft
02/05/2018 02/05/18 Sold $842,500 -3.7% $773 / Sq Ft
01/04/2018 01/04/18 Price Changed $875,000 -2.2% $803 / Sq Ft
12/01/2017 12/01/17 For Sale $895,000 +2.3% $821 / Sq Ft
08/19/2013 08/19/13 Sold $875,000 -2.7% $803 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $899,000 -- $825 / 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 $17,758 $1,151,638 -- --
2024 $15,652 $813,782 -- --
2023 $15,652 $739,802 $0 $0
2022 $12,701 $672,548 $0 $0
2021 $11,805 $611,408 $0 $0
2020 $13,764 $710,940 $0 $0
2019 $13,507 $697,000 $0 $0
2018 $13,533 $719,688 $0 $0
2017 $15,936 $836,846 $0 $0
2016 $17,111 $880,890 $0 $0
2015 $17,452 $880,890 $0 $0
2014 $17,045 $838,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11485779

MIAMI REALTORS® MLS

APN: 02-4203-234-2890