NOT LISTED FOR SALE

Estimated Value: $293,000 - $379,000

Studio
1 Bath
501 Sq Ft
2007 Built

Sale Details

Date Sold: February 23, 2024

Last sale price $300,000 $599 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,531 / mo

119 Days on Market

Highlights

  • Ocean Front
  • 2-minute walk to First Street
  • Clubhouse
  • Community Cabanas
  • Fitness Center
  • 4-minute walk to Bayfront Park

About This Home

As of February 2024

Fully furnished Park Suite w/ water & Bayfront Park views & convenience of 1 assigned parking located on the same floor. Available for purchase w/ tenant (lease valid until Feb 2024) making it an excellent income-generating investment. Situated in a highly sought-after building in the heart of Biscayne, this turnkey apt is in a prime location w/ easy access to public transportation, a Whole Foods, & array of dining options to top restaurants. Within walking distance of cultural landmarks as the Perez Art Museum, the Frost Museum of Science, & Adrienne Arsht Center for Performing Arts. Building offers an array of amenities, including a fully staffed gym, on-demand spa services, steam/sauna, a dedicated yoga room, 24-hour security & front desk attendant. Experience the best of Miami living!

Last Agent to Sell the Property

Vicky Perez Lorido

Serhant License #3087361 Listed on: 10/05/2023

Serhant

Last Buyer's Agent

William Brothers

Cervera Real Estate Inc. License #3450064

Cervera Real Estate Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $376 Monthly HOA Fees

Parking

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

Property Views

  • Garden

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 501 Sq Ft Home
  • Furnished

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-060-4710

Community Details

Overview

  • 254 Units
  • High-Rise Community
  • 50 Biscayne Condos
  • 50 Biscayne Condo Subdivision
  • 54-Story Property

Amenities

  • Community Barbecue Grill
  • Community Kitchen
  • Secure Lobby
  • Interior Hall

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$376 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 50 BISCAYNE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, Pantry
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Parquet
  • Furnished: Furnished
  • Living Area: 501
  • Possible Use: Primary
  • Stories: 54
  • Bedroom Features: Entry Level, Studio

Exterior Features

  • View: Garden View, Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 50 Biscayne
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 376
  • Amenities: Barbecue, Cabana, Clubhouse-Clubroom, Exercise Room, Kitchen Facilities, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-37-060-4710
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 362038

Multi Family

  • Maintenance Expense: 376
  • Number Of Units In Community: 254
  • Number Of Units Total: 254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Estevez Alexander Velazquez
Bought by
Godreau Maria M and Aibar Manuel Lopez
Current Estimated Value
$328,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$220,244
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$107,969

Purchase Details

Listed on
Oct 5, 2023
Closed on
Feb 23, 2024
Sold by
Montilla Sonia
Bought by
Estevez Alexander Velazquez
Seller's Agent
Vicky Perez Lorido
Serhant
Buyer's Agent
William Brothers
Cervera Real Estate Inc.
List Price
$380,000
Sold Price
$300,000
Premium/Discount to List
-$80,000
-21.05%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$240,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2007
Sold by
Trg Columbus Development Venture Ltd
Bought by
Montilla Margarita E and Montilla Sonia
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Godreau Maria M $342,500 None Listed On Document
Estevez Alexander Velazquez $300,000 None Listed On Document
Montilla Margarita E $289,900 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Godreau Maria M $221,000
Previous Owner Estevez Alexander Velazquez $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $300,000 -20.0% $599 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $375,000 -1.3% $749 / Sq Ft
10/05/2023 10/05/23 For Sale $380,000 0.0% $758 / Sq Ft
08/13/2023 08/13/23 Rented $2,300 -4.2% --
07/28/2023 07/28/23 Under Contract -- -- --
07/19/2023 07/19/23 Price Changed $2,400 -4.0% $5 / Sq Ft
05/24/2023 05/24/23 For Rent $2,500 -- --
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 $4,544 $260,973 -- --
2024 $4,390 $211,624 -- --
2023 $4,390 $192,386 $0 $0
2022 $3,771 $174,897 $0 $0
2021 $3,453 $158,998 $0 $0
2020 $3,461 $158,998 $0 $0
2019 $3,735 $171,209 $0 $0
2018 $4,214 $196,792 $0 $0
2017 $4,261 $196,792 $0 $0
2016 $4,618 $207,150 $0 $0
2015 $4,703 $207,150 $0 $0
2014 $4,438 $188,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11464146

MIAMI REALTORS® MLS

APN: 01-4137-060-4710

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