NOT LISTED FOR SALE

Estimated Value: $4,621,416 - $5,613,000

2 Beds
2.5 Baths
2,123 Sq Ft
2011 Built

Last Sold March 30, 2023

Last sale price $4,100,000 $1,931 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $31,922/month

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Bar or Lounge
  • Penthouse

About This Home

As of June 2024

Elegant, Sophisticated & One of A Kind Ocean Front Penthouse. As you enter into Your Private Foyer & Elevator You Are Greeted with Mesmerizing Direct Ocean Views from Every room. This Spacious Turn Key PH features 2 Large Bedrooms, 2.5 Baths, den and 3 private Terraces. Professionally Decorated, Furnished & Designed with The Finest Finishes & Italian Imported Materials: Bianco Carrara Marble, Canaletto Walnut, Bisazza Mosaics and Custom Italian Handcrafted Doors. Residents Have exclusive Access to The Beach, Private Pools, Housekeeping Service, Concierge, Outdoor & Indoor Cabanas, Spa, Fitness Center, Restaurants and Across the Street to The Very Famous Bal Harbour Shops. Available to show from from May 1st. Minimum 6 Month Rent

Last Agent to Rent the Property

Juliia Soto

MRI Realty Group License #3518967 Listed on: 04/08/2024

Co-Listed By

Elena Krupennikova

One Sotheby's International Realty License #3434380

Last Renter's Agent

Juliia Soto

MRI Realty Group License #3518967 Listed on: 04/08/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,524

Year Built

  • Built in 2011

Lot Details

  • Ocean Front

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Penthouse

Interior Spaces

  • 2,123 Sq Ft Home
  • Furnished
  • Entrance Foyer

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Heated Above Ground Pool

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 4/16/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 12-22-26-049-2600

Community Details

Overview

  • No Home Owners Association
  • Bal Harbour Center Condo
  • Bal Harbour Center Condo Subdivision
  • Maintained Community
  • 27-Story Property

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Game Room
  • Community Center
  • Bar or Lounge

Recreation

  • Beach Club Membership Available
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$47,524

Year Built

Built in 2011

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-04-16
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2011
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: OSIR22
  • Co List Office Phone: 305-935-0300
  • Entry Level: 27
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 27
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BAL HARBOUR CENTER CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 27

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Furnished: Furnished
  • Living Area: 2123
  • Other Equipment: Elevator
  • Stories: 27

Exterior Features

  • View: Ocean, Direct Ocean
  • Pool Features: Above Ground, Heated, Hot Tub
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAL HARBOUR CENTER CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Guest, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Bar, Community Pool, Exercise Room, Maintained Community, Management On Site, Spa/Hot Tub
  • Association: No
  • Community Features: Beach Club Member Available, Exercise Room, Game Room, Management On Site

Lot Info

  • Parcel Number: 12-22-26-049-2600
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Mar 30, 2023
Sold by
Cap Us Llc
Bought by
Armar Five Park Llc
Seller's Agent
Claudia Whitechurch
Coldwell Banker Realty
Buyer's Agent
Juliia Soto
MRI Realty Group
List Price
$5,750,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,650,000
-28.7%
Current Estimated Value
$5,048,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,472
Avg. Annual Appreciation
4.68%
Original Mortgage
$2,870,000
Outstanding Balance
$2,802,212
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,754,919

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jul 21, 2015
Sold by
2707C Fla Inc
Bought by
Cap Us Llc
Seller's Agent
Natalia Cheremeta
Realplicity, Inc.
Buyer's Agent
Laura Curson
Coldwell Banker Realty
List Price
$6,500,000
Sold Price
$5,700,000
Premium/Discount to List
-$800,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.19%

Purchase Details

Closed on
Jul 20, 2012
Sold by
9701 Collins Ave Llc
Bought by
2707C Fla Inc
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
Armar Five Park Llc $4,100,000 City Title Services
Cap Us Llc $5,700,000 Attorney
2707C Fla Inc $3,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armar Five Park Llc $2,870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Rented $20,000 0.0% --
04/08/2024 04/08/24 For Rent $20,000 -33.3% --
12/15/2023 12/15/23 Rented $30,000 +50.0% --
11/28/2023 11/28/23 Under Contract -- -- --
11/17/2023 11/17/23 For Rent $20,000 0.0% --
03/30/2023 03/30/23 Sold $4,100,000 -8.9% $1,931 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
09/12/2022 09/12/22 Price Changed $4,500,000 -9.9% $2,120 / Sq Ft
04/14/2022 04/14/22 Price Changed $4,995,000 0.0% $2,353 / Sq Ft
05/12/2021 05/12/21 Rented $17,000 0.0% --
04/14/2021 04/14/21 Under Contract -- -- --
03/04/2021 03/04/21 Price Changed $17,000 +3.0% $8 / Sq Ft
01/09/2021 01/09/21 For Rent $16,500 0.0% --
10/12/2020 10/12/20 Off Market $16,500 -- --
09/15/2020 09/15/20 For Rent $16,500 0.0% --
08/01/2019 08/01/19 Price Changed $5,300,000 0.0% $2,496 / Sq Ft
08/01/2019 08/01/19 Rented $14,000 -99.7% --
07/20/2019 07/20/19 Under Contract -- -- --
05/01/2019 05/01/19 Price Changed $5,400,000 0.0% $2,544 / Sq Ft
05/01/2019 05/01/19 For Rent $17,500 0.0% --
11/05/2018 11/05/18 For Sale $5,750,000 +0.9% $2,708 / Sq Ft
07/21/2015 07/21/15 Sold $5,700,000 -3.4% $2,386 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
01/12/2015 01/12/15 Price Changed $5,900,000 -9.2% $2,470 / Sq Ft
09/24/2014 09/24/14 For Sale $6,500,000 -- $2,721 / 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
2024 $47,524 $3,173,885 -- --
2023 $47,524 $2,592,416 $0 $0
2022 $39,637 $2,356,742 $0 $0
2021 $40,910 $2,356,742 $0 $0
2020 $41,031 $2,356,742 $0 $0
2019 $46,552 $2,772,888 $0 $0
2018 $47,188 $2,772,888 $0 $0
2017 $59,580 $3,440,980 $0 $0
2016 $61,160 $3,466,110 $0 $0
2015 $51,079 $2,540,781 $0 $0
2014 $52,119 $2,816,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11565620

MIAMI REALTORS® MLS

APN: 12-2226-049-2600