NOT LISTED FOR SALE

Estimated Value: $335,000 - $401,000

1 Bed
2 Baths
1,048 Sq Ft
1925 Built

Sale Details

Date Sold: March 2, 2023

Last sale price $350,000 $334 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,098 / mo

4 Days on Market

Highlights

  • Intercom to Front Desk
  • Wood Flooring
  • Sun or Florida Room
  • Two Primary Bathrooms
  • Garden View
  • End Unit

About This Home

As of March 2023

Unique opportunity to own an oversized one bedroom and 2 full baths, plus formal dining room / office / work area condominium apartmenmt in one of the most coveted Miami Beach's Mediterranean Landmarks - The Esplanade - right at Lincoln Road, in the heart of South Beach.With over 1,000 sq ft of interior air conditioned space on the southeast corner of this 1925 architectural gem, 9 ft high ceilings throughout, brand new impact windows and beautifully restored original Florida pine wood floors, this unit can easily be converted into a 2 bedroom/ 2 full baths residence if needed. Kitchen needs update but it is small in size and price has been adjusted accordingly to reflect TLC needed there. Live in style in one of the most desirable zip codes in the US. Your new residence awaits. Must see!

Last Agent to Sell the Property

Gustavo Gambino

Gambino Real Estate Corp. License #3096862 Listed on: 02/01/2023

Co-Listed By

Carlo Gambino

Douglas Elliman License #0672318

Last Buyer's Agent

Roger Lohse

Keller Williams Realty Profess License #3282674

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1925

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $788 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame With Stucco
  • Frame Construction

Interior Spaces

  • 1,048 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Formal Dining Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views
  • Intercom Access

Bedrooms and Bathrooms

  • 1 Bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-096-0070

Community Details

Overview

  • Low-Rise Community
  • The Esplanade Beach Condo
  • The Esplanade Beach Condo Subdivision

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Lobby
  • Secure Lobby
  • Interior Hall
  • Bike Room
  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,217

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

HOA Fees

$788 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: Corner of 16th street and Jefferson Avenue, one block south of Lincoln Road.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE ESPLANADE BEACH CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Interior Hall, Lobby, Second Floor Entry, Den/Library/Office, Family Room, Florida Room, Workshop
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1048
  • Other Equipment: Elevator, Intercom
  • Possible Use: Secondary
  • Stories: 3
  • Window Features: Complete Impact Glass
  • Bedroom Features: None
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Workshop
  • Master Bathroom Features: 2 Primary Bathrooms, Separate Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Courtyard
  • Construction Type: Frame, Frame With Stucco
  • Direction Faces: North
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE ESPLANADE BEACH CONDO
  • Parking Features: Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 788
  • Amenities: Bike Storage, Laundry, Elevator(s)
  • 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: 02-32-34-096-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2217

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 1, 2023
Sold by
Morilla Laura C
Bought by
Seller's Agent
Gustavo Gambino
Gambino Real Estate Corp.
Buyer's Agent
Roger Lohse
Keller Williams Realty Profess
List Price
$350,000
Sold Price
$350,000
Views
23
Current Estimated Value
$376,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,158
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Jul 24, 1995
Sold by
Esplanade Assoc Ltd
Bought by
Varela Victor A and Varela Laura C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Heritage Title
Varela Victor A $112,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $266,500
Previous Owner Morilla Laura C $270,000
Previous Owner Morilla Laura C $107,000
Previous Owner Morillam Laura C $60,000
Previous Owner Morilla Laura C $25,000
Previous Owner Morilla Laura $160,500
Previous Owner Morilla Laura C $35,000
Previous Owner Morilla Laura Caridad $21,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $350,000 0.0% $334 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $350,000 -- $334 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,927 $197,669
2024 $2,322 $192,099
2023 $2,322 $164,008 $0 $0
2022 $2,217 $159,232 $0 $0
2021 $2,195 $154,595 $0 $0
2020 $2,162 $152,461 $0 $0
2019 $2,098 $149,034 $0 $0
2018 $1,978 $146,256 $0 $0
2017 $1,951 $143,248 $0 $0
2016 $1,937 $140,302 $0 $0
2015 $1,960 $139,327 $0 $0
2014 $1,992 $138,222 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11336204

MIAMI REALTORS® MLS

APN: 02-3234-096-0070

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