NOT LISTED FOR SALE

Estimated Value: $1,388,000 - $1,773,000

2 Beds
2 Baths
1,130 Sq Ft
$1,427/mo HOA Fee

Last Sold March 04, 2024

Last sale price $1,540,000 $1,363 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,801/month

26 Days on Market

Highlights

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

About This Home

As of March 2024

Discover luxury living at the prestigious Yacht Club at Portofino. Nestled in the coveted South of Fifth area, this remodeled corner
unit offers breathtaking views from its wraparound balcony, showcasing the bay, the marina, Fisher Island, & the vibrant city
skyline. This recently updated 2-Bed, 2-Bath unit features marble floors, impact doors and windows, stainless steel kitchen
appliances, walk-in closet, and a new AC unit. The building boasts a beautiful, unobstructed pool deck with a BBQ area, perfect for
entertaining and soaking in the sun. Other amenities include a jacuzzi, tennis court, gym, sauna and beauty parlor. Access to the
boardwalk allows you to connect with the surrounding beauty and desirable spots like South Pointe Park and South Beach and
restaurants, among others.

Last Agent to Sell the Property

Lucila Maltagliati

One Sotheby's International Re License #0571371 Listed on: 01/31/2024

Last Buyer's Agent

David Veit

Coldwell Banker Realty License #3027270

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,397

Year Built

  • Built in 1999

Lot Details

  • Property Fronts a Bay or Harbor
  • Southwest Facing Home

HOA Fees

  • $1,427 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,130 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Dock Available
  • Balcony
  • Outdoor Grill

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-234-0710

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Lobby

Recreation

  • Marina
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,397

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,427 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Community Marina
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: YACHT CLUB AT PORTOFINO C
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Fire Sprinklers
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1130
  • Possible Use: Unknown/Withheld
  • Stories: 34
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Pool Area View, Skyline, Water View
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: Concrete Block With Brick
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • 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: 1 Space, Assigned, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Doorman, Secured Garage/Parking, Guard At Site, TV Camera

Condo/Co-op/Association

  • Association Fee: 1427
  • Amenities: Barbecue, Bike Storage, Bike/Jog Path, Clubhouse-Clubroom, Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-234-0710
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Doors, Windows

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 361

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 1, 2024
Sold by
Wavedue Llc
Bought by
Gargano Family Revocable Trust and Gargano
Seller's Agent
Lucila Maltagliati
One Sotheby's International Re
Buyer's Agent
David Veit
Coldwell Banker Realty
List Price
$1,540,000
Sold Price
$1,540,000
Views
36
Current Estimated Value
$1,639,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,009
Avg. Annual Appreciation
3.44%

Purchase Details

Closed on
Apr 29, 2010
Sold by
Cohen Marcella and Jalil Raid
Bought by
Wavedue Llc

Purchase Details

Closed on
Oct 14, 2005
Sold by
Tyger Properties Inc
Bought by
Cohen Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 1999
Sold by
Yacht Club At Portofino Ltd
Bought by
Tyger Properties Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gargano Family Revocable Trust $1,540,000 Empire Title
Wavedue Llc $490,000 Attorney
Cohen Marcella $740,000 South Florida Title Group
Tyger Properties Inc $341,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Marcella $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $1,540,000 0.0% $1,363 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $1,540,000 -- $1,363 / 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 $16,796 $1,185,139 -- --
2024 $14,997 $716,168 -- --
2023 $14,997 $651,062 $0 $0
2022 $12,007 $591,875 $0 $0
2021 $10,389 $538,069 $0 $0
2020 $11,574 $597,854 $0 $0
2019 $11,929 $615,600 $0 $0
2018 $12,404 $659,664 $0 $0
2017 $14,469 $757,438 $0 $0
2016 $13,453 $688,580 $0 $0
2015 $12,960 $625,982 $0 $0
2014 $12,335 $569,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11524092

MIAMI REALTORS® MLS

APN: 02-4203-234-0710