NOT LISTED FOR SALE

Estimated Value: $2,268,000 - $2,304,000

2 Beds
2 Baths
2,010 Sq Ft
1977 Built

Sale Details

Date Sold: March 30, 2022

Last sale price $1,975,000 $983 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,575 / mo

Highlights

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

About This Home

As of August 2022

Location! Location! Location! Magnificant Fully renovated Penthhouse! 325 Sq Ft balcony with stunning views. Large 2 bedroom plus large Den. Full service building. Beach service, state of the art fitness center, restaurant and salon in the building. Located directly across from the world famous Bal Harbour Shops. Many restuarants, grocery stores, financial institutions all in walkind distance. Must see! Large 2 bedroom with den

Last Agent to Rent the Property

Regina Lerner

FIP Realty Services, LLC License #3457574 Listed on: 03/31/2022

FIP Realty Services, LLC

Last Renter's Agent

William Zayas

Vision Realty of Miami License #3026366

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1977 | Newly Remodeled

Lot Details

  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Penthouse
  • Concrete Roof

Interior Spaces

  • 2,010 Sq Ft Home
  • Furnished
  • Built-In Features
  • Double Hung Wood Windows
  • Blinds
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Bay Harbor Elementary School
  • North Miami Middle School
  • North Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/1/22
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 12-22-26-023-4170

Community Details

Overview

  • No Home Owners Association
  • High-Rise Community
  • Balmoral Condo
  • Balmoral Condo Subdivision

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Billiard Room
  • Community Center
  • Bar or Lounge
  • Laundry Facilities
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Building Security
  • Resident Manager or Management On Site
  • High Impact Windows
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1977 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2022-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1977
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: BALMORAL CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2010
  • Window Features: Clear Impact Glass, Blinds, Double Hung Wood, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Kitchen Dining

Exterior Features

  • Roof: Concrete
  • View: Intracoastal View, Other
  • Exterior Features: Open Balcony
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BALMORAL CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Building Security, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Bar, Community Pool, Elevator(s), Exercise Room, Laundry Facility, Management On Site, Child Play Area, Pool Table
  • Association: No

Schools

  • Elementary School: Bay Harbor
  • High School: North Miami Beach
  • Middle Or Junior School: North Miami

Lot Info

  • Parcel Number: 12-22-26-023-4170
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

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
Feb 2, 2022
Closed on
Mar 22, 2022
Sold by
Bought by
Seller's Agent
Boris Vertsberger
FIP Realty Services, LLC
Buyer's Agent
Boris Vertsberger
FIP Realty Services, LLC
List Price
$2,250,000
Sold Price
$1,975,000
Premium/Discount to List
-$275,000
-12.22%
Current Estimated Value
$2,286,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,667
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Jan 23, 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
$417,000
Interest Rate
0.0614%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$1,975,000 Valeria Arias Pa
$800,000 None Available
$410,000 --
$290,000 --
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
Previous Owner $389,904
Previous Owner $417,000
Previous Owner $417,000
Previous Owner $315,000
Previous Owner $33,154
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 Prior Sale
08/15/2022 08/15/22 Rented $10,000 -25.9% --
05/02/2022 05/02/22 Price Changed $13,500 -15.6% $7 / Sq Ft
03/31/2022 03/31/22 For Rent $16,000 0.0% --
03/30/2022 03/30/22 Sold $1,975,000 -12.2% $983 / Sq Ft View Prior Sale
02/27/2022 02/27/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $2,250,000 -- $1,119 / Sq Ft
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 $24,232 $1,338,690
2024 $21,948 $1,415,106
2023 $21,948 $1,286,460 $0 $0
2022 $13,531 $703,120 $0 $0
2021 $14,134 $799,000 $0 $0
2020 $14,157 $799,000 $0 $0
2019 $15,549 $940,000 $0 $0
2018 $14,354 $940,302 $0 $0
2017 $13,815 $689,338 $0 $0
2016 $13,065 $626,671 $0 $0
2015 $10,880 $569,701 $0 $0
2014 $9,808 $517,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11182935

MIAMI REALTORS® MLS

APN: 12-2226-023-4170

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