NOT LISTED FOR SALE

Majestic Tower Bal Harbour, FL 33154

Estimated Value: $5,149,000 - $7,926,000

4 Beds
5.5 Baths
5,010 Sq Ft
$3,922/mo HOA Fee

Last Sold October 10, 2016

Last sale price $5,100,000 $1,018 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $46,726/month

16 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Sitting Area In Primary Bedroom
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Community Cabanas
  • Two Primary Bathrooms

About This Home

As of October 2016

This bright and spacious 4BR/5+1BA has floor-to-ceiling windows throughout, providing captivating panoramic oceanfront views from every room. Create your own dream home with an elevator that opens straight to this oversized 5,010 SF unit. The expansive master suite features an ample sitting area, large his and hers walk-in-closets, and two master bathrooms with separate tub and shower. Enjoy the spectacular ocean views from the breezy wraparound balcony!

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 08/10/2016

Coldwell Banker Realty

Co-Listed By

Jill Eber

Coldwell Banker Realty License #0333469

Coldwell Banker Realty

Last Buyer's Agent

Jill Eber

Coldwell Banker Realty License #0333469

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,835

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • End Unit
  • East Facing Home

HOA Fees

  • $3,922 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Entry on the 14th floor
  • Stucco Exterior

Interior Spaces

  • 5,010 Sq Ft Home
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Two Primary Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-038-0670

Community Details

Overview

  • High-Rise Condominium
  • Majestic Tower Condos

Amenities

  • Doorman
  • Trash Chute
  • Secure Lobby
  • Elevator

Recreation

  • Community Cabanas

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,835

Year Built

Built in 1998

Lot Details

0

HOA Fees

$3,922 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, French Doors, Vaulted Ceiling(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5010
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, Sliding
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Stucco
  • 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: MAJESTIC TOWER
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3922
  • Amenities: Cabana, Elevator(s), Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-038-0670
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 38835

Multi Family

  • Maintenance Expense: 3922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 10, 2016
Sold by
Mandel Matthew H and Mandel Robert S
Bought by
Majestic 1405 06 Llc
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$5,700,000
Sold Price
$5,100,000
Premium/Discount to List
-$600,000
-10.53%
Current Estimated Value
$6,836,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736,308
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
May 12, 2003
Sold by
Salkinder Phillip and Subbotina Sofiya
Bought by
Mandel Robert S and Mandel Rona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2000
Sold by
P S J S Enterprises Llc
Bought by
Salkinder Philip and Salkinder Sofiya S

Purchase Details

Closed on
Mar 4, 1999
Sold by
Pru & Shel Dev Partnership 111
Bought by
P S J S Enterprises Llc
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
Majestic 1405 06 Llc $5,100,000 Attorney
Mandel Robert S $2,450,000 --
Mandel Robert S $95,000 --
Salkinder Philip $2,675,000 --
P S J S Enterprises Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandel Robert S $650,000
Closed Mandel Robert S $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2016 10/10/16 Sold $5,100,000 -10.5% $1,018 / Sq Ft
08/09/2016 08/09/16 For Sale $5,700,000 -- $1,138 / 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 $84,687 $5,271,491 -- --
2024 $78,923 $4,792,265 -- --
2023 $78,923 $4,356,605 $0 $0
2022 $66,895 $3,960,550 $0 $0
2021 $62,764 $3,600,500 $0 $0
2020 $61,106 $3,495,600 $0 $0
2019 $68,038 $3,884,000 $0 $0
2018 $73,670 $4,315,859 $0 $0
2017 $85,866 $4,960,758 $0 $0
2016 $38,318 $2,198,946 $0 $0
2015 $38,835 $2,183,661 $0 $0
2014 $39,573 $2,166,331 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Hertzberg

    Seller's Agent in 2016

    Jill Hertzberg

    Coldwell Banker Realty

    (305) 788-5455

    4 in this area

    164 Total Sales

    Jill Hertzberg
    Section Image
  • Jill Eber

    Seller Co-Listing Agent in 2016

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    1 in this area

    126 Total Sales

    Jill Eber
    Section Image
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About Majestic Tower

Source: MIAMI REALTORS® MLS

MLS Number: A10129285

MIAMI REALTORS® MLS

APN: 12-2226-038-0670

Florida Miami/Dade County Bal Harbour

33154

Not Listed for Sale

Condos

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