NOT LISTED FOR SALE

Estimated Value: $375,658 - $472,000

2 Beds
2 Baths
1,290 Sq Ft
$600/mo HOA Fee

Last Sold October 20, 2023

Last sale price $418,000 $324 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,396/month

35 Days on Market

Highlights

  • Skyline View
  • Furnished
  • Balcony
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Community Pool
  • 1-minute walk to Senator Gwen Margolis Park Sunny Isles Beach

About This Home

As of October 2023

Welcome to your dream coastal retreat! This fully furnished 2 bed, 2 bath condo offers the perfect blend of comfort and convenience. Enjoy breathtaking east-facing skyline views from your private balcony. With daily rentals allowed, it presents an excellent investment opportunity. Located just one block from the beach, you'll have easy access to sun, sand, and surf. Immerse yourself in the vibrant coastal lifestyle and indulge in nearby dining, shopping, and entertainment. Don't miss this chance to own your slice of paradise!

Last Agent to Sell the Property

Kerstin Klostermann

London Foster Realty License #3447283 Listed on: 07/05/2023

London Foster Realty

Last Buyer's Agent

Albert Wilk

Wilk Real Estate I LLC License #3313328

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1976

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,290 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 31-22-11-025-0410

Community Details

Overview

  • Mid-Rise Condominium
  • Marbella Tower Condo
  • Marbella Tower Condo Subdivision
  • 7-Story Property

Amenities

  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,804

Year Built

Built in 1976

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Condominium
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MARBELLA TOWER CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Elevator, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1290
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Investment
  • Stories: 7
  • Window Features: Blinds
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Marbella Tower Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 600
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-11-025-0410
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Oct 19, 2023
Sold by
Megid Wael Mohamed Ashoor and Lamia Ali
Bought by
Florida Investment Inc
Seller's Agent
Kerstin Klostermann
London Foster Realty
Buyer's Agent
Albert Wilk
Wilk Real Estate I LLC
List Price
$480,000
Sold Price
$418,000
Premium/Discount to List
-$62,000
-12.92%
Views
238
Current Estimated Value
$434,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,655
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Sep 23, 2016
Sold by
Chikisheva Yelena and Poljanski Andrei
Bought by
Megid Wael Mohamed Ashoor and Farag Lamia Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1996
Sold by
Carmelo and Fragapane Rosa
Bought by
Ferlito Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.99%

Purchase Details

Closed on
May 17, 1996
Sold by
Fragapane Antonio and Fragapane Mario
Bought by
Fragapane Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.99%
Source: Public Records
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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
Florida Investment Inc $418,000 Empire Title
Florida Investment Inc $418,000 Empire Title
Megid Wael Mohamed Ashoor $295,000 Florida Title & Trust Llc
Ferlito Rosa $66,000 --
Fragapane Carmelo $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Megid Wael Mohamed Ashoor $221,250
Previous Owner Fragapane Carmelo $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $418,000 -12.9% $324 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $480,000 -- $372 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,870 $331,163 -- --
2024 $4,197 $348,593 -- --
2023 $4,197 $235,950 $0 $0
2022 $3,804 $214,500 $0 $0
2021 $3,467 $195,000 $0 $0
2020 $3,675 $205,000 $0 $0
2019 $3,883 $216,000 $0 $0
2018 $3,785 $215,850 $0 $0
2017 $4,289 $239,833 $0 $0
2016 $3,824 $191,943 $0 $0
2015 $3,434 $174,494 $0 $0
2014 $3,146 $158,631 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11414106

MIAMI REALTORS® MLS

APN: 31-2211-025-0410