NOT LISTED FOR SALE

Estimated Value: $2,808,000 - $3,056,000

4 Beds
4.5 Baths
2,322 Sq Ft
2021 Built

Last Sold February 24, 2023

Last sale price $3,000,000 $1,292 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $21,230/month

38 Days on Market

Highlights

  • Doorman
  • Clubhouse
  • End Unit
  • Property fronts an intracoastal waterway
  • Sauna
  • Community Pool

About This Home

As of February 2023

Stunning 4 bedrooms and 4.5 bathrooms unit features two residences per floor, all flow-through. Private elevator foyers, with views facing Miami Beach and the intracoastal in Edgewater’s most exclusive new development and designed by renowned designer Jean-Louis Denoit. This unit features an Open-concept kitchen, marble waterfall island, Sub-Zero/Wolf appliances with Gas Cooktop & ItalKraft cabinetry. Amenities: Waterfront Pool, Bayfront Lounge; 7th Floor: Lap Pool, Summer Kitchen, Waterfront Gym, Spa, Children’s Room; 30th Floor Owners’ Sky Lounge: Grand Dining Room, Chef’s Table, Library & Private Theatre with 360° of Biscayne Bay & beyond. Residents may enjoy the Elysee Attaché, an on-site concierge that caters to a variety of exclusive services

Last Agent to Sell the Property

Francisco Navarro

Douglas Elliman License #3034509 Listed on: 12/26/2022

Douglas Elliman

Co-Listed By

Stefanie Genauer

Douglas Elliman License #3460878

Last Buyer's Agent

Francisco Navarro

Douglas Elliman License #3034509 Listed on: 12/26/2022

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,391

Year Built

  • Built in 2021

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $2,799 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

Home Design

  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,322 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-110-0600

Community Details

Overview

  • High-Rise Condominium
  • Elysee Condos
  • The Elysee Condo Subdivision
  • 55-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,391

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

HOA Fees

$2,799 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Elysee Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2322
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 55
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Intracoastal View, Water View
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Elysee
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2799
  • Amenities: Bike Storage, Clubhouse-Clubroom, Community Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-110-0600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 30391

Multi Family

  • Maintenance Expense: 2799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Feb 23, 2023
Sold by
Pinsonneault Kyle
Bought by
Miami-Elysee Covenant Group Llc
Seller's Agent
Francisco Navarro
Douglas Elliman
Buyer's Agent
Francisco Navarro
Douglas Elliman
List Price
$370,000
Sold Price
$3,000,000
Premium/Discount to List
$2,630,000
710.81%
Views
1
Current Estimated Value
$2,894,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,228
Avg. Annual Appreciation
-1.16%
Original Mortgage
$1,200,000
Outstanding Balance
$1,155,859
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,738,913

Purchase Details

Closed on
May 20, 2021
Sold by
700 Miami Partners Llc
Bought by
Cadambi Janardhan and Cadambi Shashikala Janardhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,229,735
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miami-Elysee Covenant Group Llc $3,000,000 Partners Land Services, Llc
Cadambi Janardhan $1,891,900 Title Matters
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miami-Elysee Covenant Group Llc $1,200,000
Previous Owner Cadambi Janardhan $1,229,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $3,000,000 -18.9% $1,292 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
12/26/2022 12/26/22 Price Changed $3,700,000 +900.0% $1,593 / Sq Ft
12/26/2022 12/26/22 For Sale $370,000 -- $159 / Sq Ft
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 $40,424 $2,219,662 -- --
2024 $33,184 $2,017,875 -- --
2023 $33,184 $1,614,300 $0 $0
2022 $30,391 $1,474,220 $0 $0
2021 $1,435 $67,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11319291

MIAMI REALTORS® MLS

APN: 01-3230-110-0600

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