NOT LISTED FOR SALE

Estimated Value: $584,000 - $680,393

2 Beds
2 Baths
1,550 Sq Ft
$1,709/mo HOA Fee

Last Sold March 07, 2024

Last sale price $625,000 $403 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,940/month

48 Days on Market

Highlights

  • Valet Parking
  • Private Dock
  • Bar or Lounge
  • Marina
  • Home fronts navigable water
  • Fitness Center

About This Home

As of March 2024

Spectacular view from every corner of the unit. Luxury at its finest in this 2 beds 2 baths. This oversized bay front residence is a hidden jewel of Miami Beach in the historic MIMO architecture King Cole. Olympic size heated pool, gym, marina, 24/7 doorman, security and valet.
Dock slip visible from the unit available for rent or sale. Two valet parking space are included, 3er car $75 per month. Maintenance includes all electric, water, internet (250MB), cable TV. Waking distance to beach, restaurants, supermarkets, and shops. It will not last !!! EZ to show !!

Last Agent to Sell the Property

Bernardo Sbardella

Florida Capital Realty License #3156266 Listed on: 12/24/2023

Florida Capital Realty

Last Buyer's Agent

Lorie Baker

Douglas Elliman License #3499829

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1963

Lot Details

HOA Fees

  • $1,709 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,550 Sq Ft Home
  • Awning
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Canal Width is 121 Feet or More
  • Seawall
  • Private Dock
  • Outdoor Grill

Location

  • East of U.S. Route 1

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-029-1070

Community Details

Overview

  • Mid-Rise Condominium
  • King Cole Condo
  • King Cole Condo Subdivision
  • 11-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Community Library
  • Bar or Lounge

Recreation

  • Boat Dock
  • Marina
  • Community Playground

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,448

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,709 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KING COLE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Bar, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1550
  • Possible Use: Primary
  • Stories: 11
  • Bedroom Features: Entry Level

Exterior Features

  • View: Intracoastal View, Pool Area View, Water View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: Concrete Block With Brick
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Width 121 Feet Or More, Navigable Water, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KING COLE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1709
  • Amenities: Bar, Barbecue, Bike Storage, Boat Dock, Child Play Area, Exercise Room, Storage, Heated Pool, Library, Marina, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-10-029-1070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1709

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2023
Closed on
Mar 7, 2024
Sold by
Claudio Azzariti Revocable Trust
Bought by
Mar Vangaalen Johannes Cornelis and Cle Van Gaalen
Seller's Agent
Bernardo Sbardella
Florida Capital Realty
Buyer's Agent
Lorie Baker
Douglas Elliman
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%
Views
508
Current Estimated Value
$637,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,848
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jun 8, 2018
Sold by
Vena Anthony James and Vena Ralph
Bought by
Correa Claudio Luis Azzariti
Seller's Agent
Suzann Jaskow
MMLS Assoc.-Inactive Member
Buyer's Agent
Bernardo Sbardella
Florida Capital Realty
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Dec 2, 2002
Sold by
Gabet Serge and Gabet Michele
Bought by
Nickelsen Janice

Purchase Details

Closed on
May 22, 2000
Sold by
May Carey H
Bought by
Gabet Serge and Gabet Michele

Purchase Details

Closed on
Aug 2, 1995
Sold by
May Carey H
Bought by
Gabet Serge and Gabet Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
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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
Mar Vangaalen Johannes Cornelis $625,000 None Listed On Document
Correa Claudio Luis Azzariti $410,000 Attorney
Nickelsen Janice $280,000 Landmark Title Services Inc
Gabet Serge $100 --
Gabet Serge $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nickelsen Janice $544,185
Previous Owner Gabet Serge $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $625,000 -2.2% $403 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
12/24/2023 12/24/23 For Sale $639,000 0.0% $412 / Sq Ft
02/15/2020 02/15/20 Rented $2,700 -3.2% --
02/09/2020 02/09/20 Under Contract -- -- --
01/15/2020 01/15/20 Price Changed $2,790 +3.7% $2 / Sq Ft
01/15/2020 01/15/20 Price Changed $2,690 -10.0% $2 / Sq Ft
02/04/2019 02/04/19 For Rent $2,990 0.0% --
06/08/2018 06/08/18 Sold $410,000 -3.5% $265 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $425,000 -- $274 / 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 $9,390 $441,663 -- --
2024 $8,448 $488,931 -- --
2023 $8,448 $444,483 $0 $0
2022 $7,907 $404,076 $0 $0
2021 $7,093 $367,342 $0 $0
2020 $7,107 $377,400 $0 $0
2019 $6,361 $328,240 $0 $0
2018 $7,014 $373,000 $0 $0
2017 $7,883 $413,946 $0 $0
2016 $2,864 $216,961 $0 $0
2015 $2,903 $215,453 $0 $0
2014 $2,955 $213,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11504759

MIAMI REALTORS® MLS

APN: 02-3210-029-1070