NOT LISTED FOR SALE

Estimated Value: $505,000 - $580,000

Studio
2 Baths
1,255 Sq Ft
$786/ mo HOA Fee

Last Sold March 07, 2024

Last sale price $480,000 $382 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,306/month

45 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Brickell (Metrorail)
  • Soaking Tub in Primary Bathroom
  • River Front
  • Clubhouse
  • 2-minute walk to The Underline

About This Home

As of March 2024

2 Story loft situated on the 31st floor (right below penthouse) of the famous Neo Vertika building, in the heart of Brickell. The unit has marble on the first floor and floor-to-ceiling windows that allow ample natural light. The building provides access to all amenities (pool, gym, spa, bbq, clubhouse, etc.) and houses the local favorite American Social restaurant. Walking distance from Brickell City Centre and many of the other attractions Miami has to offer. This property is eligible under the Freddie Mac First Look Initiative through 01/27/2023.

Last Agent to Sell the Property

Jose Fente

Tropical Realty, Inc. License #0367946 Listed on: 12/29/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,070

Year Built

  • Built in 2006

Lot Details

  • River Front
  • Home fronts a canal

HOA Fees

  • $786 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 31st floor

Interior Spaces

  • 1,255 Sq Ft Home
  • Combination Dining and Living Room
  • Loft
  • Microwave
  • Washer and Dryer Hookup
  • Property Views

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom
  • Bathtub

Outdoor Features

  • Seawall

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-122-2810

Community Details

Overview

  • High-Rise Condominium
  • Neo Vertika Condo
  • Neo Vertika Condo Subdivision
  • 33-Story Property

Amenities

  • Sauna
  • Business Center
  • Elevator

Recreation

  • Handball Court
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,070

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$786 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Take i95 to S Miami Ave. Continue South on S Miami Ave to SW 1 Ct and make a right. The building will be on your left hand side, fronting the Miami River.
  • Entry Level: 31
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: NEO VERTIKA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Microwave
  • Interior Amenities: First Floor Entry, Elevator, Loft
  • Full Bathrooms: 2
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1255
  • Possible Use: Primary
  • Stories: 33
  • Bedroom Features: Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Loft
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, River, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NEO VERTIKA CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 786
  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Handball/Basketball, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-38-122-2810
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Mar 6, 2024
Sold by
Federal Home Loan Mtg Corp
Bought by
Doar Tomer
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Jose Fente
Tropical Realty, Inc.
List Price
$539,900
Sold Price
$480,000
Premium/Discount to List
-$59,900
-11.09%
Views
81
Current Estimated Value
$539,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,331
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Dec 8, 2021
Sold by
Bayview Loan Servicing Llc
Bought by
Federal Home Loan Mtg Corp

Purchase Details

Closed on
Aug 4, 2006
Sold by
Neo Vertika Llc
Bought by
Abbott Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,400
Interest Rate
7.12%
Mortgage Type
New Conventional
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
Doar Tomer $480,000 None Listed On Document
Doar Tomer $480,000 None Listed On Document
Federal Home Loan Mtg Corp -- None Listed On Document
Federal Home Loan Mortgage Corporation -- None Listed On Document
Abbott Christine $310,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abbott Christine $248,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $480,000 -11.1% $382 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $539,900 -- $430 / 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 $8,562 $439,428 -- --
2024 $8,070 $407,715 -- --
2023 $8,070 $370,650 $0 $0
2022 $6,946 $336,955 $0 $0
2021 $5,868 $276,193 $0 $0
2020 $5,602 $263,041 $0 $0
2019 $2,901 $177,513 $0 $0
2018 $2,770 $174,204 $0 $0
2017 $2,730 $170,621 $0 $0
2016 $2,739 $167,112 $0 $0
2015 $2,768 $165,951 $0 $0
2014 $2,799 $164,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11506341

MIAMI REALTORS® MLS

APN: 01-4138-122-2810

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