NOT LISTED FOR SALE

Estimated Value: $431,717 - $489,000

2 Beds
2 Baths
830 Sq Ft
1966 Built

Last Sold May 02, 2022

Last sale price $320,000 $386 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,818/month

Highlights

  • Full Time Lobby Attendant
  • In Ground Pool
  • Furnished
  • Fitness Center
  • Gated Community
  • 4-minute walk to SoundScape Park

About This Home

As of April 2024

Enjoy the Miami Beach lifestyle in this modern, elegant, furnished 2 bedroom, 2 bathroom 10th floor condo in the Octagon Towers. 2nd bedroom is a spacious converted den/office w/ a closet & window. Exceptional open concept unit features a kitchen w/ impeccable finishes & stainless steel appliances, European cabinetry & a breakfast bar. Primary bedroom has an ensuite bathroom.Unit has great natural light w/ wonderful City & partial water views. Building provides 24/7 front desk security, on-site mgmt & secure parking.Amenities include a community pool, fully equipped fitness center & laundry facilities.Prime, convenient location across from the Miami Beach Convention Center, minutes from the beach, close to essential stores, shops & restaurants. Can be rented less than 1 year or for 1 year.

Last Agent to Rent the Property

Margo Johnson

One Sotheby's Int'l Realty License #3185374 Listed on: 03/19/2024

One Sotheby's Int'l Realty

Co-Listed By

Andreniki Stavrou

Beachfront Realty Inc License #3403466

Last Renter's Agent

Loredana Caruana

Realty One Group Evolution License #3340627

Realty One Group Evolution

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,087

Year Built

  • Built in 1966

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Entry on the 10th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 830 Sq Ft Home
  • Furnished
  • Paddle Fans
  • Drapes & Rods
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 3/19/24
  • 1 Year With Renewal Option,Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-34-094-0930

Community Details

Overview

  • No Home Owners Association
  • Octagon Towers I Condo
  • Octagon Towers I Condo Subdivision
  • Maintained Community
  • 16-Story Property

Amenities

  • Full Time Lobby Attendant
  • Community Center
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,087

Year Built

Built in 1966

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-03-19
  • Lease Term: 1 Year With Renewal Option,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Co List Office Mls Id: ROBR01
  • Co List Office Phone: 305-405-0615
  • Directions: Octagon Towers is at the corner of 19th and Washington across from the Miami Beach Convention Center
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 16
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: OCTAGON TOWERS I CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 16

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Living Area: 830
  • Stories: 16
  • Window Features: Drapes
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Construction Type: CBS Construction
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCTAGON TOWERS I CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Gated, Community Pool, Elevator(s), Exercise Room, Laundry Facility, Maintained Community, Management On Site
  • Association: No

Lot Info

  • Parcel Number: 02-32-34-094-0930
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 28, 2022
Sold by
Gallivan and Douglas
Bought by
Davis Lisa R
Seller's Agent
Allison Cotter
Live Work Play Miami Group, LLC.
Buyer's Agent
Tracey Douglas
Coldwell Banker Realty
List Price
$308,500
Sold Price
$320,000
Premium/Discount to List
$11,500
3.73%
Current Estimated Value
$449,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,429
Avg. Annual Appreciation
6.88%

Purchase Details

Listed on
Nov 8, 2011
Closed on
Oct 10, 2013
Sold by
Lima Josue and Davis Therese
Bought by
Gallivan Michael and Rice Douglas
Seller's Agent
Heather McCabe
Beachfront Realty Inc
Buyer's Agent
Daniel Outerbridge
Epic Realty
List Price
$298,000
Sold Price
$272,000
Premium/Discount to List
-$26,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%

Purchase Details

Closed on
Apr 5, 2006
Sold by
Singer Deborah G
Bought by
Lima Josue and Lima Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 21, 1996
Sold by
Octagon Towers Associates
Bought by
Singer Robert M
Source: Public Records

Range of Values:

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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
Davis Lisa R $320,000 Sunbelt Title
Gallivan Michael $272,000 Attorney
Lima Josue $270,000 None Available
Singer Robert M $104,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallivan Michael $152,000
Previous Owner Lima Josue S $40,500
Previous Owner Lima Josue $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Rented $3,250 0.0% --
03/19/2024 03/19/24 For Rent $3,250 0.0% --
05/02/2022 05/02/22 Sold $320,000 +3.7% $386 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $308,500 0.0% $372 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $308,500 0.0% $372 / Sq Ft
01/25/2019 01/25/19 Rented $2,225 -1.1% --
09/11/2018 09/11/18 Price Changed $2,250 -4.3% $3 / Sq Ft
08/16/2018 08/16/18 Price Changed $2,350 -4.1% $3 / Sq Ft
07/26/2018 07/26/18 For Rent $2,450 0.0% --
10/16/2013 10/16/13 Sold $272,000 -8.7% $328 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $298,000 +9.6% $359 / Sq Ft
06/25/2013 06/25/13 Off Market $272,000 -- --
04/14/2013 04/14/13 Price Changed $298,000 0.0% $359 / Sq Ft
12/03/2012 12/03/12 Rented $1,900 -9.5% --
11/03/2012 11/03/12 Under Contract -- -- --
02/01/2012 02/01/12 For Rent $2,100 0.0% --
11/07/2011 11/07/11 For Sale $268,000 -- $323 / 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 $5,087 $257,569 -- --
2024 $4,507 $262,339 -- --
2023 $4,507 $238,490 $0 $0
2022 $3,407 $180,180 $0 $0
2021 $3,163 $163,800 $0 $0
2020 $3,270 $168,900 $0 $0
2019 $3,273 $168,900 $0 $0
2018 $3,343 $177,800 $0 $0
2017 $3,901 $204,842 $0 $0
2016 $4,681 $240,991 $0 $0
2015 $4,421 $223,140 $0 $0
2014 $4,318 $212,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11549414

MIAMI REALTORS® MLS

APN: 02-3234-094-0930