NOT LISTED FOR SALE

Estimated Value: $1,350,000 - $1,767,000

4 Beds
4 Baths
1,700 Sq Ft
1949 Built

Sale Details

Date Sold: July 26, 2023

Last sale price $1,400,000 $824 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,257 / mo

715 Days on Market

Highlights

  • Skyline View
  • Deck
  • End Unit
  • South Pointe Elementary School Rated 9+
  • Marble Flooring
  • 5-minute walk to Washington Dog Park & Annex

About This Home

As of July 2023

South of Fifth is the premiere location within South Beach, and this extremely unique property is right in the heart of SoFi. The sands of South Beach, South Pointe Park, Miami Beach Marina, the Bay Walk are all within mere blocks. Not to mention all the Restaurants and Retail and Entertainment Establishments nestled within this lovely community. The building itself is boutique in nature, with only 7 units, and this unit lives like a Townhouse. It passed its 40 year recertification a few years ago. The unit itself is completely renovated with permits including impact windows and the deeded rooftop deck made from durable, long lasting Ipe Wood. One of only 3 SoFi units with at least 3BRs listed under $1,000 per square foot shows exceptional value with little active supply reasonably priced.

Last Agent to Sell the Property

Sean Greco

Miami Properties and Paradise License #3098921 Listed on: 08/10/2021

Miami Properties and Paradise

Last Buyer's Agent

Jenny Whisler

Realty Hub License #3204941

Realty Hub

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,803

Year Built

  • Built in 1949 | Remodeled

HOA Fees

  • $1,146 Monthly HOA Fees

Property Views

  • Skyline
  • Garden

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Security Fence, Lighting or Alarms

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Zoned Heating and Cooling
  • Heating Available

Additional Features

  • End Unit
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-275-0080

Community Details

Overview

  • 7 Units
  • The Gramercy Condo
  • The Gramercy Condo,The Gramercy Condo Subdivision

Amenities

  • Secure Lobby

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced
  • Complete Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,803

Year Built

Built in 1949 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,146 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE GRAMERCY CONDO,The Gramercy Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Other, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1700
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Complete Impact Glass, Plantation Shutters
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Gramercy Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Lobby Secured, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 1146
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-275-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12803

Multi Family

  • Maintenance Expense: 1146
  • Number Of Units In Community: 7
  • Number Of Units Total: 7

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
Aug 10, 2021
Closed on
Jul 26, 2023
Sold by
Bought by
Seller's Agent
Sean Greco
Miami Properties and Paradise
Buyer's Agent
Jenny Whisler
Realty Hub
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Views
44
Current Estimated Value
$1,526,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,940
Avg. Annual Appreciation
2.92%
Original Mortgage
$1,115,000
Outstanding Balance
$1,071,753
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$455,187

Purchase Details

Closed on
Mar 1, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,100
Interest Rate
4.75%
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

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
$1,400,000 None Listed On Document
$950,000 Attorney
$475,000 Attorney
$319,000 Union Title Services Inc
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
Open $1,115,000
Previous Owner $300,000
Previous Owner $350,000
Previous Owner $368,000
Previous Owner $287,100
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
07/26/2023 07/26/23 Sold $1,400,000 -6.6% $824 / Sq Ft
12/20/2022 12/20/22 Price Changed $1,499,500 0.0% $882 / Sq Ft
09/05/2022 09/05/22 For Sale $1,499,000 0.0% $882 / Sq Ft
09/04/2022 09/04/22 Off Market $1,499,000 -- --
09/16/2021 09/16/21 Price Changed $1,499,000 -6.3% $882 / Sq Ft
08/10/2021 08/10/21 For Sale $1,599,000 0.0% $941 / Sq Ft
03/10/2018 03/10/18 Rented $4,000 -15.8% --
01/31/2018 01/31/18 Under Contract -- -- --
09/05/2017 09/05/17 For Rent $4,750 -- --
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 $20,725 $1,144,142
2024 $13,311 $1,144,142
2023 $13,311 $691,058 $0 $0
2022 $11,804 $628,235 $0 $0
2021 $12,130 $628,235 $0 $0
2020 $12,803 $661,300 $0 $0
2019 $15,076 $778,000 $0 $0
2018 $11,552 $655,397 $0 $0
2017 $11,447 $641,917 $0 $0
2016 $13,735 $664,302 $0 $0
2015 $5,790 $231,913 $0 $0
2014 $5,299 $210,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11082694

MIAMI REALTORS® MLS

APN: 02-4203-275-0080

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