NOT LISTED FOR SALE

Estimated Value: $760,000 - $961,000

4 Beds
2.5 Baths
1,955 Sq Ft
$1,200/mo HOA Fee

Last Sold August 26, 2024

Last sale price $1,055,000 $540 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $7,072/month

122 Days on Market

Highlights

  • Ocean Front
  • End Unit
  • Community Kitchen
  • Fitness Center
  • Heated Community Pool
  • 3-minute walk to South City Beach Park

About This Home

As of August 2024

Completely renovated corner unit with direct ocean views, boasting a spacious 1955 sqft of living space. This 4-bedroom, 2.5-bathroom gem has been fully remodeled with permits, offering a luxurious and modern feel. Situated closest to the water's edge, it features a wrap-around balcony that allows you to enjoy the stunning surroundings and unobstructed views. The unit includes a brand-new modern kitchen equipped with custom-made cabinets, stainless steel appliances, and quartz countertops. No detail has been overlooked in this renovation. The upgrades extend to new impact windows and doors and a new washer and dryer. The resort-style building itself offers an array of amenities, including a tennis court, pool, gym, sauna, and beach beach chairs and umbrella, and bbq.

Last Agent to Sell the Property

Vladi Klurman

KPI International Realty LLC License #3267213 Listed on: 04/25/2024

KPI International Realty LLC

Last Buyer's Agent

Vladi Klurman

KPI International Realty LLC License #3267213 Listed on: 04/25/2024

KPI International Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,386

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,955 Sq Ft Home
  • Blinds
  • Storage Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514226CJ0400

Community Details

Overview

  • High-Rise Condominium
  • Malaga Towers Condos
  • Malaga Towers Condo Subdivision
  • 20-Story Property

Amenities

  • Community Barbecue Grill
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,386

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MALAGA TOWERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Pantry, Split Bedroom, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1955
  • Possible Use: Primary
  • Stories: 20
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Other, Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MALAGA TOWERS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1200
  • Amenities: Barbecue, Billiard Room, Community Room, Exercise Room, Heated Pool, Kitchen Facilities, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514226CJ0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Aug 9, 2024
Sold by
Peschanskiy Boris and Peschanskiy Ada
Bought by
Simone Dos Santos Oliveira Living Trust and Oliveira
Seller's Agent
Vladi Klurman
KPI International Realty LLC
Buyer's Agent
Vladi Klurman
KPI International Realty LLC
List Price
$1,175,000
Sold Price
$1,055,000
Premium/Discount to List
-$120,000
-10.21%
Views
12
Current Estimated Value
$881,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,166
Avg. Annual Appreciation
-14.21%

Purchase Details

Listed on
Oct 2, 2020
Closed on
May 24, 2021
Sold by
Shapiro Vladimir
Bought by
Peschanskiy Boris and Peschanskiy Ada
Seller's Agent
Sergio Kaplan
Carden Realty & Investment Inc
Buyer's Agent
Viktoriya Safronova
Bogatov Realty
List Price
$695,000
Sold Price
$648,000
Premium/Discount to List
-$47,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$412,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2013
Sold by
Sniderman Jason Edward and Sniderman Karen
Bought by
Shapiro Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Sniderman Samuel
Bought by
Sniderman Jason Edward and Sniderman Karen Elizabeth
Source: Public Records

Range of Values:

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Average Value
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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
Simone Dos Santos Oliveira Living Trust $1,055,000 None Listed On Document
Peschanskiy Boris $648,000 Attorney
Shapiro Vladimir $440,000 Attorney
Sniderman Jason Edward -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peschanskiy Boris $412,500
Previous Owner Shapiro Vladimir $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $1,055,000 -9.1% $540 / Sq Ft
05/14/2024 05/14/24 Price Changed $1,160,000 -0.3% $593 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,164,000 -0.4% $595 / Sq Ft
04/28/2024 04/28/24 Price Changed $1,169,000 -0.5% $598 / Sq Ft
04/25/2024 04/25/24 For Sale $1,175,000 +81.3% $601 / Sq Ft
05/28/2021 05/28/21 Sold $648,000 -6.8% $331 / Sq Ft View Prior Sale
04/11/2021 04/11/21 Pending -- -- --
03/02/2021 03/02/21 Price Changed $695,000 +3.0% $355 / Sq Ft
02/03/2021 02/03/21 Price Changed $674,500 -0.1% $345 / Sq Ft
12/02/2020 12/02/20 Price Changed $675,000 -1.5% $345 / Sq Ft
11/29/2020 11/29/20 Price Changed $685,000 -1.4% $350 / Sq Ft
09/30/2020 09/30/20 For Sale $695,000 -- $355 / 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 $15,075 $801,280 $80,130 $721,150
2024 $14,386 $763,120 $76,310 $686,810
2023 $14,386 $616,750 $0 $0
2022 $12,242 $560,690 $56,070 $504,620
2021 $9,494 $449,270 $44,930 $404,340
2020 $9,647 $454,680 $45,470 $409,210
2019 $10,410 $488,900 $48,890 $440,010
2018 $9,767 $481,500 $48,150 $433,350
2017 $8,680 $446,690 $0 $0
2016 $8,749 $438,050 $0 $0
2015 $7,980 $398,230 $0 $0
2014 $7,185 $362,030 $0 $0
2013 -- $297,310 $29,730 $267,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11575876

MIAMI REALTORS® MLS

APN: 51-42-26-CJ-0400