NOT LISTED FOR SALE

Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $232,041 - $660,000

Studio
1 Bath
348 Sq Ft
2001 Built

Sale Details

Date Sold: February 8, 2013

Last sale price $202,000 $580 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,579 / mo

15 Days on Market

Highlights

  • Doorman
  • Community Center
  • Views
  • Fitness Center
  • Built-In Features
  • 4-minute walk to Miami Beach Ocean Walk

About This Home

As of February 2013

Bank owned studio at Edgewater Condominium. Offers are SUBJECT TO Bank Approval and require a Pre-Qualification letter from Bank of America or Merryl Lynch and/or Proof of Funds if ALL CASH. Cash transactions are subject to special deed restrictions and w ill have re-conveyance restriction verbiage on the deed. Property is being sold AS-IS conditions. Please allow 7-10 business days for seller response.

Last Agent to Sell the Property

Pedro Cuberos

Brown Harris Stevens License #0637777 Listed on: 12/21/2012

Brown Harris Stevens

Last Buyer's Agent

Nidia Cortes

Beachfront Realty Inc License #3109866

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,004

Year Built

  • Built in 2001

HOA Fees

  • $212 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 348 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Carpet
  • Property Views

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Exterior Lighting
  • Northwest Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-202-0150

Community Details

Overview

  • Low-Rise Community
  • Edgewater Condominium Condos

Amenities

  • Doorman
  • Community Center
  • Party Room
  • Interior Hall

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,004

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

HOA Fees

$212 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 202000
  • InternetRemarks: Bank owned studio at Edgewater Condominium.
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Interior Hall, First Floor Entry, Built-in Features
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Furnished: Unfurnished
  • Living Area: 348
  • Possible Use: Secondary
  • Stories: 3
  • Bedroom Features: Studio

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: EDGEWATER CONDOMINIUM
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 212
  • Amenities: Community Room, Elevator(s), Exercise Room, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-202-0150

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3004

Multi Family

  • Maintenance Expense: 212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2016
Sold by
El & Ad Edgewater Llc
Bought by
Marriott Ownership Resorts Inc
Current Estimated Value
$392,010

Purchase Details

Closed on
Dec 30, 2013
Sold by
Avi Daniell Fl Llc
Bought by
El Ad Edgewater Llc

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jan 22, 2013
Sold by
Bank Of America Na
Bought by
Avi Daniell Fl Llc
Seller's Agent
Pedro Cuberos
Brown Harris Stevens
Buyer's Agent
Nidia Cortes
Beachfront Realty Inc
List Price
$204,900
Sold Price
$202,000
Premium/Discount to List
-$2,900
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Federal National Mortgage Association
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 2, 2012
Sold by
Formoso Carlos
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 22, 2011
Sold by
Formoso Carlos
Bought by
The Edgewater South Beach Condominium As

Purchase Details

Closed on
May 25, 2007
Sold by
El Ad Edgewater Llc
Bought by
Formoso Carlos and Formoso Eugenia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,600
Interest Rate
6.16%
Mortgage Type
Unknown
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
Marriott Ownership Resorts Inc $2,264,700 Attorney
El Ad Edgewater Llc -- Attorney
Avi Daniell Fl Llc $202,000 Stewart Title Company
Bank Of America Na -- None Available
Federal National Mortgage Association $187,600 None Available
The Edgewater South Beach Condominium As $2,900 None Available
Formoso Carlos $444,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Formoso Carlos $399,600
Closed El Ad Edgewater Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $202,000 -1.4% $580 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $204,900 0.0% $589 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
12/22/2012 12/22/12 For Sale $204,900 -- $589 / 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 $3,637 $193,560 -- --
2024 $3,566 $193,560 -- --
2023 $3,566 $180,011 $0 $0
2022 $3,483 $183,973 $0 $0
2021 $3,605 $186,040 $0 $0
2020 $3,638 $187,920 $0 $0
2019 $3,642 $187,920 $0 $0
2018 $3,534 $187,920 $0 $0
2017 $3,579 $187,920 $0 $0
2016 $3,650 $187,920 $0 $0
2015 $3,532 $172,260 $0 $0
2014 $3,182 $156,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pedro Cuberos

    Seller's Agent in 2013

    Pedro Cuberos

    Brown Harris Stevens

    (305) 491-0649

    17 Total Sales

    Pedro Cuberos
    Section Image

  • N

    Buyer's Agent in 2013

    Nidia Cortes

    Beachfront Realty Inc

    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A1727608

MIAMI REALTORS® MLS

APN: 02-3234-202-0150

Florida Miami/Dade County Miami Beach 33139

Lummus Park

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.

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