$380,000
SOLD AUG 16, 2024
1 Bed
1.5 Baths
920 Sq Ft
$1,203/mo HOA Fee

Recently Sold

$413 Per Sq Ft

2% Below List Price

331 Days on Market

Highlights

  • Doorman
  • Private Dock
  • Bar or Lounge
  • Marina
  • Property Fronts a Bay or Harbor
  • Fitness Center

About This Home

As of August 2024

Welcome to one of Miami Beach's Mid-Century Modern gems: The King Cole. This bright, spacious and tastefully upgraded SW-facing 1 BR 1 1/2 BA pied-à-terre, features the most beautiful views of the intracoastal and the Miami Skyline. Fully updated with open kitchen with cherry wood cabinets and Veneziano Caramello marble countertop, jacuzzi tub, built-in speakers. The classic MiMo waterfront building, located in the walking neighborhood of Normandy Isles, offers many resort-style amenities: marina with boat docks, stunning roof-top terrace, 24/7 doorman & valet, a heated olympic-size pool, gym, kayak & bicycle storage, BBQ, and children's play room. Maintenance includes all electric, water, internet (250MB) and cable TV. Unit comes with 1 free valet (2nd car is $75 a month) & storage unit.

Last Agent to Sell the Property

Alexandra Peters

One Sotheby's International Realty License #3072325 Listed on: 09/18/2023

Co-Listed By

Kiki/frederika Rutten

One Sotheby's International Realty License #3494622

Last Buyer's Agent

Tracey Schmitt

Best of Luxury Realty Corp. License #3136700

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1963

Lot Details

  • Southwest Facing Home

HOA Fees

  • $1,203 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 920 Sq Ft Home
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

Outdoor Features

  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Private Dock
  • Balcony

Schools

  • Treasure Island Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • No Heating

Additional Features

  • Accessible Approach with Ramp
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-029-1340

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Community Library
  • Bar or Lounge
  • Laundry Facilities
  • Secure Lobby

Recreation

  • Boat Dock
  • Marina
  • Community Playground

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,114

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,203 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Condominium
  • Co List Office Mls Id: OSIR25
  • Co List Office Phone: 305-865-9811
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available, Community Marina,Dock Available,Exclusive Use,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • 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, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Walk-In Closet(s), Storage
  • Accessibility Features: Accessible Approach with Ramp
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 920
  • Possible Use: Primary
  • Stories: 11
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Combination Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Width 121 Feet Or More, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: KING COLE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Common Area
  • Security: Fire Alarm, Smoke Detector, Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1203
  • Amenities: Bar, Bike Storage, Billiard Room, Boat Dock, Barbecue, Laundry, Exercise Room, Heated Pool, Library, Marina, Child Play Area, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Treasure Island
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-10-029-1340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 297
  • Number Of Units Total: 285

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Aug 16, 2024
Sold by
Burkey Gregory C and Mathis Sheldon
Bought by
Lora Julio and Flaquer Viannette Reyes
Seller's Agent
Alexandra Peters
One Sotheby's International Realty
Buyer's Agent
Tracey Schmitt
Best of Luxury Realty Corp.
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%
Views
657
Current Estimated Value
$381,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,845
Avg. Annual Appreciation
0.49%
Original Mortgage
$285,000
Outstanding Balance
$282,071
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$99,774

Purchase Details

Closed on
Feb 28, 2005
Sold by
Martinez Viviane J
Bought by
Burkey Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2004
Sold by
Kirsh Morris
Bought by
Martinez Viviane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.4%
Mortgage Type
Unknown
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 $380,000 None Listed On Document
Warranty Deed $205,000 --
Warranty Deed $172,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $160,500 New Conventional
Previous Owner $153,750 Unknown
Previous Owner $154,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $380,000 -3.8% $413 / Sq Ft
03/18/2024 03/18/24 Price Changed $395,000 +1.5% $429 / Sq Ft
03/18/2024 03/18/24 For Sale $389,000 +2.4% $423 / Sq Ft
02/05/2024 02/05/24 Off Market $380,000 -- --
02/05/2024 02/05/24 For Sale $389,000 +2.4% $423 / Sq Ft
12/04/2023 12/04/23 Off Market $380,000 -- --
09/19/2023 09/19/23 For Sale $389,000 -- $423 / 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 $1,230 $248,164 -- --
2024 $1,180 $106,668 -- --
2023 $1,180 $103,562 $0 $0
2022 $1,114 $100,546 $0 $0
2021 $1,095 $97,618 $0 $0
2020 $1,074 $96,271 $0 $0
2019 $1,033 $94,107 $0 $0
2018 $965 $92,353 $0 $0
2017 $945 $90,454 $0 $0
2016 $933 $88,594 $0 $0
2015 $943 $87,979 $0 $0
2014 $957 $87,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11454724

MIAMI REALTORS® MLS

APN: 02-3210-029-1340