NOT LISTED FOR SALE

Estimated Value: $8,569,000 - $25,743,892

5 Beds
5.5 Baths
7,630 Sq Ft
$2,243/mo HOA Fee

Last Sold August 30, 2019

Last sale price $17,150,000 $2,248 Per Sq Ft

Current estimated payment $114,561/month

174 Days on Market

Highlights

  • Doorman
  • Marina
  • Property has ocean access
  • South Pointe Elementary School Rated 9+
  • Direct Ocean View
  • 3-minute walk to South Pointe Park

About This Home

As of August 2019

Contact Listing Agent for More Information.

Last Agent to Sell the Property

Dora Puig

MMLS Assoc.-Inactive Member License #3298306 Listed on: 04/08/2018

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Jill Eber

Coldwell Banker Realty License #0333469

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $2,243 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Property Views

  • Direct Ocean
  • Bay
  • Skyline

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 7,630 Sq Ft Home
  • Furnished
  • Built-In Features
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-10-018-0350

Community Details

Overview

  • 43 Units
  • Club Membership Required
  • Mid-Rise Condominium
  • Palazzo Del Sol Condos
  • Fisher Island Subdivision
  • 10-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Business Center
  • Bar or Lounge

Recreation

  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $8,775

Security

  • Secure Elevator
  • Complete Impact Glass

Property Details

Home Type

Condominium

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$2,243 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: AUTO FERRY: MACARTHUR CSWY TO FISHER ISLAND FERRY TERMINAL or PASSENGER WATER SERVICE FROM MIAMI BEACH MARINA: 300 ALTON RD. SUITE 112. VALET PROVIDED. SECURITY CLEARANCE REQUIRED. DRIVER AVAILABLE UPON REQUEST. CONTACT LISTING AGENT FOR APPOINTMENT.
  • Entry Level: 9
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Fisher Island
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 7630
  • Possible Use: Primary
  • Stories: 10
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Direct Ocean, Skyline
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palazzo Del Sol
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 6730
  • Amenities: Bar, Bike/Jog Path, Business Center, Clubhouse-Clubroom, Exercise Room, Golf Equity Available, Heated Pool, Marina, Child Play Area, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-10-018-0350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017

Multi Family

  • Maintenance Expense: 8775
  • Number Of Units In Community: 43
  • Number Of Units Total: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
Aug 30, 2019
Sold by
Pds Development Llc
Bought by
Bucher Elaine M
Seller's Agent
Dora Puig
MMLS Assoc.-Inactive Member
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$19,700,000
Sold Price
$17,150,000
Premium/Discount to List
-$2,550,000
-12.94%
Current Estimated Value
$17,156,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,446
Avg. Annual Appreciation
0.01%
Original Mortgage
$7,000,000
Outstanding Balance
$4,654,122
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$12,502,324
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bucher Elaine M $17,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bucher Elaine M $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $17,150,000 -12.9% $2,248 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $19,700,000 -- $2,582 / 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 $269,152 $14,781,004 -- --
2024 $262,757 $14,364,436 -- --
2023 $262,757 $13,946,055 $0 $0
2022 $253,630 $13,539,860 $0 $0
2021 $253,024 $13,145,496 $0 $0
2020 $250,188 $12,964,000 $0 $0
2019 $187,508 $10,293,432 $0 $0
2018 $215,509 $14,114,100 $0 $0
2017 $191,982 $10,081,500 $0 $0
2016 $28,017 $1,442,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10448329

MIAMI REALTORS® MLS

APN: 02-4210-018-0350