NOT LISTED FOR SALE

Estimated Value: $377,607 - $496,000

1 Bed
1 Bath
626 Sq Ft
$521/mo HOA Fee

Last Sold April 30, 2024

Last sale price $465,000 $743 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,340/month

185 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Furnished
  • High Impact Windows

About This Home

As of April 2024

The Nolobi Condo is a gem in the heart of South Beach’s historic art deco district. Redesigned in 2005 by award winning architect Chad Oppenheim. Enter your home through your private front door and you are welcomed by a bright open living space with high ceilings. The hard wood oak floors are refinished in white which brings together the elegant design appointments throughout. The kitchen is completely remodeled with new appliances. Your master bedroom has a walk-in closet, and an updated spa inspired bathroom. New AC. Walking distance to the famous Lincoln Rd, South Beach, restaurants, cafes, bars, Flamingo Park, and the best entertainment that SoBe has to offer. Great investment opportunity in the hot area of SoBe. This rarely available corner unit can be yours immediately.

Last Agent to Sell the Property

Roberta Leary

Insignia International Properties License #3515463 Listed on: 10/06/2023

Last Buyer's Agent

Laney Rada

Douglas Elliman License #0423950

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1955

HOA Fees

  • $521 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 626 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Open Floorplan
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-298-0040

Community Details

Overview

  • The Nolobi Condo
  • The Nolobi Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Walled
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,118

Year Built

Built in 1955

Lot Details

0

HOA Fees

$521 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: The building is located between Ninth St and Tenth St. There is a paid Public parking on Pennsylvania Ave (behind the building).
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE NOLOBI CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Fire Sprinklers, Volume Ceilings
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 626
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination

Exterior Features

  • View: Other View
  • Construction Type: Concrete Block With Brick
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE NOLOBI CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Walled

Condo/Co-op/Association

  • Association Fee: 521
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-298-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Apr 27, 2024
Sold by
Singer Jordan and Mata Lou
Bought by
Saghafi Nadia Teresa
Seller's Agent
Roberta Leary
Insignia International Properties
Buyer's Agent
Laney Rada
Douglas Elliman
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Total Days on Market
185
Views
684
Current Estimated Value
$441,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,848
Avg. Annual Appreciation
-4.72%
Original Mortgage
$405,000
Outstanding Balance
$401,144
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$40,008

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 22, 2022
Sold by
Panza Claudia
Bought by
Singer Jordan and Mato Lou
Seller's Agent
Gabriela Abosi
Miami Dreams Realty Inc.
Buyer's Agent
Roberta Leary
Insignia International Properties
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.27%
Original Mortgage
$224,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2016
Sold by
Lliprandi Alessandro and Lliprandi Claudia Panza
Bought by
Lliprandi Claudia Panza

Purchase Details

Closed on
Jun 2, 2008
Sold by
Lacerva Joseph
Bought by
Iliprandi Alessandro and Iliprandi Claudia Panza

Purchase Details

Closed on
Oct 12, 2005
Sold by
935 Euclid Inc
Bought by
Lacerva Joseph
Source: Public Records

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Range of Values:

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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
Saghafi Nadia Teresa $465,000 Title America
Singer Jordan $320,000 Git Florida Title Services
Lliprandi Claudia Panza -- Attorney
Iliprandi Alessandro $265,000 Attorney
Lacerva Joseph $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saghafi Nadia Teresa $405,000
Previous Owner Singer Jordan $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $465,000 -4.1% $743 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $485,000 +4.3% $775 / Sq Ft
03/04/2024 03/04/24 Off Market $465,000 -- --
03/04/2024 03/04/24 Price Changed $485,000 0.0% $775 / Sq Ft
03/04/2024 03/04/24 For Sale $485,000 +4.3% $775 / Sq Ft
12/20/2023 12/20/23 Off Market $465,000 -- --
12/19/2023 12/19/23 For Sale $435,000 -6.5% $695 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
12/06/2023 12/06/23 Off Market $465,000 -- --
11/24/2023 11/24/23 Price Changed $435,000 -2.2% $695 / Sq Ft
11/01/2023 11/01/23 Price Changed $445,000 -2.2% $711 / Sq Ft
10/06/2023 10/06/23 For Sale $455,000 +42.2% $727 / Sq Ft
10/14/2022 10/14/22 Sold $320,000 -5.9% $511 / Sq Ft
08/02/2022 08/02/22 Price Changed $340,000 -2.9% $543 / Sq Ft
07/25/2022 07/25/22 For Sale $350,000 0.0% $559 / Sq Ft
07/01/2020 07/01/20 Rented $1,500 -3.2% --
06/26/2020 06/26/20 Under Contract -- -- --
06/08/2020 06/08/20 For Rent $1,550 -- --
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
2024 $4,113 $239,406 -- --
2023 $4,113 $217,642 $0 $0
2022 $3,118 $165,165 $0 $0
2021 $2,899 $150,150 $0 $0
2020 $2,768 $143,000 $0 $0
2019 $3,120 $161,000 $0 $0
2018 $3,743 $205,906 $0 $0
2017 $3,380 $177,505 $0 $0
2016 $3,748 $192,940 $0 $0
2015 $3,823 $192,940 $0 $0
2014 $3,920 $192,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11464292

MIAMI REALTORS® MLS

APN: 02-4203-298-0040