NOT LISTED FOR SALE

The Reserve at Marina Palms Aventura, FL 33160

Eastern Shores Neighborhood

Estimated Value: $997,000 - $1,261,000

2 Beds
2.5 Baths
1,957 Sq Ft
$2,182/mo HOA Fee

Last Sold June 12, 2024

Last sale price $1,260,000 $644 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,430/month

740 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • Dock Available
  • Fitness Center
  • 4-minute walk to East Greynolds Park

About This Home

As of June 2024

SPECTACULAR & LUXURIOUS UNIT IN THE RESERVE AT MARINA PALMS.
BEST CORNER FLOOR WITH 1957 SF.
2/2.5 + DEN WITH AMAZING WATER & MARINA VIEWS.
STUNING AND RELAXING VIEWS OF THE BAY, ART GYM/SPA, CLUB ROOM, BILLIARD, BAR,
TV LOUNGE, BUSINESS CENTER, CONFERENCEN ROOM, SECURITY GUARD, 24 HRS. CONCIERGE,
VALET, FULL SERVICE MARINA AND OPCION PRIVATE BOAT CLUB FOR RESIDENTS.

Last Agent to Sell the Property

Claudia Artacho

First Pro International Rlty License #3228838 Listed on: 06/02/2022

First Pro International Rlty

Last Buyer's Agent

Kid Leitao

Global Luxury Realty LLC License #3362127

Global Luxury Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,080

Year Built

  • Built in 2017

HOA Fees

  • $2,182 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,957 Sq Ft Home
  • Partially Furnished
  • Combination Dining and Living Room
  • Den
  • Marble Flooring

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 07-22-09-038-0040

Community Details

Overview

  • High-Rise Condominium
  • Marina Palms Condos
  • Marina Palms Residences S Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,080

Year Built

Built in 2017

Lot Details

0

HOA Fees

$2,182 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MARINA PALMS RESIDENCES S
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Partially, Partially Furnished
  • Living Area: 1957
  • Possible Use: Unknown/Withheld
  • Stories: 25
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Other View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARINA PALMS
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2182
  • Amenities: Billiard Room, Business Center, Exercise Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 07-22-09-038-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 11, 2024
Sold by
Loyal Cima Llc
Bought by
Germano & Andre Llc
Seller's Agent
Claudia Artacho
First Pro International Rlty
Buyer's Agent
Kid Leitao
Global Luxury Realty LLC
List Price
$1,300,000
Sold Price
$1,260,000
Premium/Discount to List
-$40,000
-3.08%
Views
34
Current Estimated Value
$1,269,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,359
Avg. Annual Appreciation
-5.51%
Original Mortgage
$906,500
Outstanding Balance
$895,368
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$258,001

Purchase Details

Listed on
Jun 18, 2021
Closed on
Apr 22, 2022
Sold by
Marina Mar Enterprises Llc
Bought by
Loyal Cima Llc
Seller's Agent
Rosita Cabrera
Coldwell Banker Realty
Buyer's Agent
Claudia Artacho
First Pro International Rlty
List Price
$990,000
Sold Price
$1,049,000
Premium/Discount to List
$59,000
5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Mar 3, 2017
Sold by
Marina Palms Residences South Llc
Bought by
Marina Mar Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Germano & Andre Llc $1,260,000 Timeless Law & Title Pllc
Germano & Andre Llc $1,260,000 Timeless Law & Title Pllc
Loyal Cima Llc $1,049,000 Axis Title
Marina Mar Enterprise Llc $910,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germano & Andre Llc $906,500
Closed Germano & Andre Llc $906,500
Previous Owner Marina Mar Enterprise Llc $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2024 06/12/24 Sold $1,260,000 -10.0% $644 / Sq Ft
12/20/2022 12/20/22 Price Changed $1,400,000 +7.7% $715 / Sq Ft
06/02/2022 06/02/22 For Sale $1,300,000 +23.9% $664 / Sq Ft
04/22/2022 04/22/22 Sold $1,049,000 +19507.5% $536 / Sq Ft View Prior Sale
04/01/2022 04/01/22 Pending -- -- --
10/15/2021 10/15/21 Rented -- -- --
10/04/2021 10/04/21 Under Contract -- -- --
09/29/2021 09/29/21 For Rent $5,350 0.0% --
05/20/2021 05/20/21 For Sale $990,000 0.0% $506 / Sq Ft
01/19/2018 01/19/18 Rented $4,200 -5.6% --
12/01/2017 12/01/17 Under Contract -- -- --
11/14/2017 11/14/17 Price Changed $4,450 -1.1% $2 / Sq Ft
07/28/2017 07/28/17 For Rent $4,500 -- --
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 $19,170 $909,321 -- --
2024 $18,081 $909,321 -- --
2023 $18,081 $845,880 $0 $0
2022 $15,104 $704,900 $0 $0
2021 $14,741 $665,000 $0 $0
2020 $14,794 $665,000 $0 $0
2019 $15,924 $722,796 $0 $0
2018 $14,980 $678,815 $0 $0
2017 $590 $12,380 $0 $0
2016 $593 $11,255 $0 $0
2015 $242 $10,232 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Claudia Artacho

    First Pro International Rlty

    (786) 395-2205

    2 in this area

    43 Total Sales

    Claudia Artacho
    Section Image
  • Kid Leitao

    Buyer's Agent in 2024

    Kid Leitao

    Global Luxury Realty LLC

    (305) 970-3832

    4 in this area

    17 Total Sales

    Kid Leitao
    Section Image
  • Rosita Cabrera

    Seller's Agent in 2022

    Rosita Cabrera

    Coldwell Banker Realty

    (305) 987-4298

    1 in this area

    8 Total Sales

    Rosita Cabrera
    Section Image

  • M

    Buyer's Agent in 2021

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    3 in this area

    580 Total Sales

    MAR NON-MEMBER
    Section Image

  • C

    Seller's Agent in 2018

    Carlos Lopez Sanchez

    MMLS Assoc.-Inactive Member

    Section Image

  • S

    Buyer's Agent in 2018

    Shlomi Betesh

    Douglas Elliman

    Section Image
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About The Reserve at Marina Palms

Source: MIAMI REALTORS® MLS

MLS Number: A11216067

MIAMI REALTORS® MLS

APN: 07-2209-038-0040

Florida Miami/Dade County Aventura 33160

Eastern Shores

Not Listed for Sale

Condos

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