NOT LISTED FOR SALE

Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $325,000 - $497,000

1 Bed
1 Bath
540 Sq Ft
$1,500/mo HOA Fee

Last Sold May 10, 2018

Last sale price $289,000 $535 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,232/month

36 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Central Air
  • South Pointe Elementary School Rated A-
  • Tile Flooring
  • 5-minute walk to Marjory Stoneman Douglas Park

About This Home

As of May 2018

SOLD Ocean Drive Condo Hotel in South Beach. Direct views of Ocean and Lummus park from unit window or rooftop pool deck. Directly across Ocean Drive to the beach or walk to all of South Beach from this premium Ocean Drive location. Windows face east overlooking park and ocean. Great vacation home or investment unit. Guests can use roof top pool or stroll across the street to the beach. See today!

Last Agent to Sell the Property

Mark Matchett

MDZ Realty, LLC. License #0675767 Listed on: 03/01/2018

Last Buyer's Agent

Mark Matchett

MDZ Realty, LLC. License #0675767 Listed on: 03/01/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,543

Year Built

  • Built in 1998

HOA Fees

  • $1,500 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 540 Sq Ft Home
  • Tile Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-223-0300

Community Details

Overview

  • Bentley Condos
  • The Bentley Condo Subdivision
  • 5-Story Property

Amenities

  • Interior Hall

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,543

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Directions: closed
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE BENTLEY CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Interior Hall, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 540
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Ocean View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Bentley
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 1500
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-223-0300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2019
Sold by
Jkr Bentley Holdings Llc
Bought by
Bentley Condo Hotel Llc
Current Estimated Value
$400,410

Purchase Details

Closed on
Dec 14, 2017
Sold by
Millar Catherine
Bought by
U S Bank Na and The Harborview Mortgage Loan Trust

Purchase Details

Closed on
Mar 11, 2016
Sold by
Amr Limited Partnership
Bought by
The Bentley Condominium Association Inc

Purchase Details

Closed on
Jan 17, 2012
Sold by
Graham Jacqueline
Bought by
Amr Limited Partnership

Purchase Details

Closed on
Jan 6, 2006
Sold by
Northwind Holdings Inc
Bought by
Graham Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 1998
Sold by
Bentley Ocean View Inc
Bought by
Northwind Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bentley Condo Hotel Llc $15,400,000 First American Title Ins Co
U S Bank Na $281,600 None Available
The Bentley Condominium Association Inc -- Attorney
Amr Limited Partnership $28,100 None Available
Graham Jackie $335,000 None Available
Northwind Holdings Inc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bentley Condo Hotel Llc $36,000,000
Previous Owner Graham Jackie $268,000
Previous Owner Northwind Holdings Inc $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $289,000 0.0% $535 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $289,000 -7.4% $535 / Sq Ft
02/28/2018 02/28/18 For Sale $312,000 -- $578 / 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 $6,249 $332,546 -- --
2024 $6,284 $332,546 -- --
2023 $6,284 $332,546 $0 $0
2022 $6,014 $321,300 $0 $0
2021 $5,901 $305,640 $0 $0
2020 $5,917 $305,640 $0 $0
2019 $5,923 $305,640 $0 $0
2018 $5,747 $305,640 $0 $0
2017 $5,543 $291,060 $0 $0
2016 $5,140 $264,600 $0 $0
2015 $5,041 $253,144 $0 $0
2014 $5,009 $230,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Matchett

    Seller's Agent in 2018

    Mark Matchett

    MDZ Realty, LLC.

    (305) 747-9235

    9 Total Sales

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Source: MIAMI REALTORS® MLS

MLS Number: A10427149

MIAMI REALTORS® MLS

APN: 02-4203-223-0300

Florida Miami/Dade County Miami Beach 33139

Lummus Park

This home since 01 March 2018 and is currently estimated at $397,231, approximately $735 per square foot. This property was built in 1998. This home is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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