NOT LISTED FOR SALE

The Madison Miami, FL 33136

Park West Neighborhood

Estimated Value: $355,000 - $388,000

2 Beds
2 Baths
914 Sq Ft
$553/mo HOA Fee

Last Sold October 07, 2022

Last sale price $399,000 $437 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,092/month

63 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Park West
  • Furnished
  • Built in 1989 | Newly Remodeled
  • End Unit
  • Community Pool

About This Home

As of October 2022

Great location, walking distance from the FTX Arena, Bayside, Port of Miami, Brightline and Metro Mover Stations, Adriane Art Center, and the Perez Art Museum. Close to Wynwood, Miami Beach, and the Design District. The sale of this unit will include all the furniture, kitchen Cookware, plates, and cutlery. In other words will be ready to rent if you are an investor. The entire building is equipped with high impact windows.

Last Agent to Sell the Property

Omar Hernandez

Smart Luxe License #3014009 Listed on: 08/04/2022

Last Buyer's Agent

Jonathan Fajardo

ACE Florida Realty, LLC License #3522025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1989 | Newly Remodeled

Lot Details

  • End Unit
  • Northwest Facing Home

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 19th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 914 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-36-089-3120

Community Details

Overview

  • 205 Units
  • Madison Condos
  • Madison Downtown Condo Subdivision
  • 22-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Business Center
  • Laundry Facilities

Recreation

  • Community Basketball Court

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,618

Year Built

Built in 1989 | Newly Remodeled

Lot Details

0

HOA Fees

$553 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Please use Google Map
  • Entry Level: 19
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MADISON DOWNTOWN CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Split Bedroom
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Parquet, Tile
  • Furnished: Furnished
  • Living Area: 914
  • Possible Use: Investment
  • Stories: 22
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Sliding
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: None
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Madison
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Guard At Site, TV Camera

Condo/Co-op/Association

  • Association Fee: 553
  • Amenities: Basketball Court, Barbecue, Business Center, Laundry, Elevator(s), Exercise Room, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-36-089-3120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4618

Multi Family

  • Number Of Units In Community: 205
  • Number Of Units Total: 205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 5, 2022
Sold by
Marranzini Rhina Inmaculada Lopez
Bought by
Nava Patricia U
Seller's Agent
Omar Hernandez
Smart Luxe
Buyer's Agent
Jonathan Fajardo
ACE Florida Realty, LLC
List Price
$399,000
Sold Price
$399,000
Views
1
Current Estimated Value
$371,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,726
Avg. Annual Appreciation
-2.21%
Original Mortgage
$253,470
Outstanding Balance
$243,252
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$128,022

Purchase Details

Closed on
Feb 4, 2016
Sold by
Giannattasio Luca and Marranzini Rhina Lopez
Bought by
Marranzini Rhina Lopez and Giannattasio Luca

Purchase Details

Closed on
Nov 29, 2010
Sold by
Miami Madison Llc
Bought by
Giannattasio Luca and Marranzini Rhina Lopez

Purchase Details

Closed on
Oct 23, 2009
Sold by
Bayview Towers Associates Llc
Bought by
Miami Madison Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nava Patricia U $399,000 Venetian Title
Nava Patricia U $399,000 Venetian Title
Marranzini Rhina Lopez -- Attorney
Giannattasio Luca $138,000 Attorney
Miami Madison Llc $80,000 Keys Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nava Patricia U $253,470
Closed Nava Patricia U $253,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $399,000 0.0% $437 / Sq Ft
08/04/2022 08/04/22 For Sale $399,000 -- $437 / 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 $7,132 $289,268 -- --
2024 $6,784 $348,516 -- --
2023 $6,784 $322,700 $0 $0
2022 $4,843 $229,700 $0 $0
2021 $4,618 $212,656 $0 $0
2020 $4,494 $206,462 $0 $0
2019 $4,504 $206,462 $0 $0
2018 $4,421 $206,462 $0 $0
2017 $4,470 $206,462 $0 $0
2016 $3,640 $142,164 $0 $0
2015 $3,447 $129,240 $0 $0
2014 $3,090 $117,491 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Omar Hernandez

    Seller's Agent in 2022

    Omar Hernandez

    Smart Luxe

    (786) 343-4320

    1 in this area

    7 Total Sales

    Omar Hernandez
    Section Image

  • J

    Buyer's Agent in 2022

    Jonathan Fajardo

    ACE Florida Realty, LLC

    Section Image
See All Agents

About The Madison

Source: MIAMI REALTORS® MLS

MLS Number: A11251803

MIAMI REALTORS® MLS

APN: 01-3136-089-3120

Florida Miami/Dade County Miami 33132

Park West

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes