$420,000
SOLD JUL 30, 2021
2 Beds
2 Baths
1,520 Sq Ft
$1,270/mo HOA Fee

Recently Sold

$276 Per Sq Ft

9% Below List Price

33 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Deck
  • Property Fronts a Bay or Harbor
  • Fishing
  • Community Pool

About This Home

As of July 2021

Luxury, 2 beds 2 baths with room for an office space,
granite kitchen high-quality smart appliances,
FROM THE WINDOWS YOU CAN SEE THE BEAUTIFUL BAY!!

This bay front residence is a hidden jewel of Miami Beach in the historic MIMO architecture King Cole. Maintenance includes all electric, water, HS Internet & HD cable TV. Waking distance to beach, restaurants, supermarkets, and shops. custom . Olympic size pool, large modern equipted gym, 24 hr security, 1 or private or free valet parking and luxury marina. B.Dock up to 90 feet yacht can be docked visible from the unit available for sale or rent. Dock Slip includes all electricity, water, ice, laundry, free internet, fish cleaning platform, private BBQ and access to pool and Gym.
.... 2,000 BONUS TO THE BUYER AGENT....

Last Agent to Sell the Property

Angelica Lara

Real Estate Empire Group, Inc. License #3370499 Listed on: 05/27/2021

Real Estate Empire Group, Inc.

Last Buyer's Agent

Giselt Garcia

Avanti Way Realty LLC License #3343514

Avanti Way Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,476

Year Built

  • Built in 1963

HOA Fees

  • $1,270 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,520 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Courtyard
  • Deck
  • Outdoor Grill

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-029-1120

Community Details

Overview

  • Mid-Rise Condominium
  • King Cole Condos
  • King Cole Condo Subdivision
  • 9-Story Property

Amenities

  • Community Center
  • Party Room
  • Laundry Facilities
  • Secure Lobby

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Playground
  • Fishing

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,476

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,270 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KING COLE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1520
  • Possible Use: Primary
  • Stories: 9
  • Bedroom Features: None

Exterior Features

  • View: Bay
  • Exterior Features: Other, Barbeque, Courtyard
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KING COLE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1270
  • Amenities: Bike Storage, Boat Dock, Laundry, Community Room, Elevator(s), Exercise Room, Storage, Fishing Pier, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-10-029-1120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1270

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 28, 2021
Sold by
Cots Eliseo Martin and Cots Gretel
Bought by
Hernandez Marcus Luis
Seller's Agent
Angelica Lara
Real Estate Empire Group, Inc.
Buyer's Agent
Giselt Garcia
Avanti Way Realty LLC
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%
Current Estimated Value
$619,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,782
Avg. Annual Appreciation
10.07%
Original Mortgage
$273,000
Outstanding Balance
$249,310
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$369,029

Purchase Details

Listed on
Sep 30, 2017
Closed on
Mar 15, 2018
Sold by
Oliveira Martini Eriene
Bought by
Cots Eliseo Martin and Cots Gretel
Seller's Agent
Bernardo Sbardella
Florida Capital Realty
Buyer's Agent
Bernardo Sbardella
Florida Capital Realty
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$251,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Garcia Luis Rene and Garcia Luis Rene
Bought by
Martini Eriene Oliveira

Purchase Details

Closed on
Sep 15, 2005
Sold by
Camji Georgina and Castillo Irela
Bought by
Garcia Luis Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 15, 2004
Sold by
Benmergui Moises and Benmergui Camila
Bought by
Camji Georgina F and Castillo Irela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 1998
Sold by
Birnbaum Davela
Bought by
Benmergui Moises and Benmergui Camila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%
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 Type Sale Price Title Company
Warranty Deed $420,000 Folio Title Llc
Warranty Deed $335,000 Selco Title & Escrow Corp
Warranty Deed $175,000 Sawgrass Title & Escrow Inc
Warranty Deed $415,000 --
Warranty Deed $265,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $39,000 New Conventional
Open $273,000 New Conventional
Closed $273,000 New Conventional
Previous Owner $250,600 New Conventional
Previous Owner $251,250 New Conventional
Previous Owner $373,500 Negative Amortization
Previous Owner $208,000 Unknown
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $420,000 -3.4% $276 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
05/31/2021 05/31/21 Price Changed $435,000 -5.4% $286 / Sq Ft
05/27/2021 05/27/21 For Sale $460,000 +37.3% $303 / Sq Ft
03/15/2018 03/15/18 Sold $335,000 0.0% $220 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/19/2018 01/19/18 Price Changed $335,000 -13.0% $220 / Sq Ft
09/30/2017 09/30/17 For Sale $385,000 -- $253 / 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 $8,075 $409,311 -- --
2024 $7,263 $416,103 -- --
2023 $7,263 $378,276 $0 $0
2022 $6,461 $343,888 $0 $0
2021 $4,535 $275,802 $0 $0
2020 $4,476 $271,995 $0 $0
2019 $4,362 $265,880 $0 $0
2018 $2,339 $165,419 $0 $0
2017 $2,308 $162,017 $0 $0
2016 $2,294 $158,685 $0 $0
2015 $2,322 $157,582 $0 $0
2014 $2,360 $156,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11048444

MIAMI REALTORS® MLS

APN: 02-3210-029-1120