NOT LISTED FOR SALE

The Reserve at Marina Palms Aventura, FL 33160

Eastern Shores Neighborhood

Estimated Value: $1,088,000 - $1,345,000

2 Beds
3 Baths
1,801 Sq Ft
$1,758/mo HOA Fee

Last Sold July 18, 2023

Last sale price $1,440,000 $800 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $10,776/month

64 Days on Market

Highlights

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

About This Home

As of July 2023

Spectacular south exposure views overlooking the bay and intracoastal to Miami beach extensive views from this unit on the 22nd floor. Enjoy breathtaking intracoastal views from every room. This 2 bed, plus enclosed den + 3 full bathrooms offers a beautiful space to call home. Included is 1 parking space. Tenants will enjoy incredible amenities which include concierge, club room, children's room, state of the art fitness Center, spa facilities, large pool and a full service marina available. Only a short drive away to the Aventura Mall, Bal Harbour Shops, Sunny Isles Beach and both Miami and Ft Lauderdale International Airport. Unit is priced without furniture but furniture is negotiable.

Last Agent to Sell the Property

Michael Internoscia

Fortune International Realty License #3536605 Listed on: 05/10/2023

Fortune International Realty

Last Buyer's Agent

Emmanuel Hernandez

Horizon Homes Realty Corp License #3540256

Horizon Homes Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,894

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $1,758 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 22nd floor

Interior Spaces

  • 1,801 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Washer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Private Dock
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 07-22-09-038-0810

Community Details

Overview

  • 234 Units
  • High-Rise Condominium
  • The Reserve Condos
  • Marina Palms Residences S Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Billiard Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,894

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$1,758 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 172nd and Biscayne Blvd
  • Entry Level: 22
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MARINA PALMS RESIDENCES S
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Ice Maker, Microwave, Electric Range, Self Cleaning Oven, Washer
  • Interior Amenities: Other, Den/Library/Office
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1801
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 25
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Bay, Canal, Intracoastal View
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Reserve
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1758
  • Amenities: Billiard Room, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 07-22-09-038-0810
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16894

Multi Family

  • Number Of Units In Community: 234
  • Number Of Units Total: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 18, 2023
Sold by
Sandoval Family Revocable Trust
Bought by
Marthi Llc
Seller's Agent
Michael Internoscia
Fortune International Realty
Buyer's Agent
Emmanuel Hernandez
Horizon Homes Realty Corp
List Price
$1,490,000
Sold Price
$1,440,000
Premium/Discount to List
-$50,000
-3.36%
Views
5
Current Estimated Value
$1,352,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,756
Avg. Annual Appreciation
-6.10%

Purchase Details

Closed on
May 23, 2018
Sold by
Marina Palms Residence South Llc
Bought by
Sandoval Richard M and Sandoval Garbriela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.25%
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
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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
Marthi Llc $1,440,000 None Listed On Document
Marthi Llc $1,440,000 None Listed On Document
Sandoval Richard M $1,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandoval Richard M $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $1,440,000 -3.4% $800 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $1,490,000 -- $827 / 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 $23,196 $1,100,266 -- --
2024 $19,619 $1,100,266 -- --
2023 $19,619 $880,213 $0 $0
2022 $17,146 $800,194 $0 $0
2021 $16,894 $762,090 $0 $0
2020 $16,147 $725,800 $0 $0
2019 $17,993 $806,412 $0 $0
2018 $18,395 $833,581 $0 $0
2017 $543 $11,391 $0 $0
2016 $546 $10,356 $0 $0
2015 $222 $9,415 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Internoscia

    Seller's Agent in 2023

    Michael Internoscia

    Fortune International Realty

    (954) 445-4434

    8 in this area

    25 Total Sales

    Michael Internoscia
    Section Image

  • E

    Buyer's Agent in 2023

    Emmanuel Hernandez

    Horizon Homes Realty Corp

    Section Image
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About The Reserve at Marina Palms

Source: MIAMI REALTORS® MLS

MLS Number: A11385610

MIAMI REALTORS® MLS

APN: 07-2209-038-0810

Florida Miami/Dade County Aventura 33160

Eastern Shores

Not Listed for Sale

Condos

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