NOT LISTED FOR SALE

La Gorce Palace Miami Beach, FL 33141

Oceanfront Neighborhood

Estimated Value: $931,581 - $1,122,000

2 Beds
2 Baths
1,340 Sq Ft
$1,705/ mo HOA Fee

Last Sold October 26, 2023

Last sale price $675,000 $504 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,042/month

72 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Elevator
  • Fitness Center
  • Community Center
  • 4-minute walk to Allison Park

About This Home

As of October 2023

Great Opportunity in Iconic La Gorce Palace. Bring your imagination and with the right vision and a
little TLC, this unit can be the best and brought to life with your personal taste and touches! This building features great amenities that include Beach Club, Gym, Yoga Room, Spa, Club House, and more.

Last Agent to Sell the Property

Dustin Fealy

MMLS Assoc.-Inactive Member License #3287370 Listed on: 02/07/2023

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Juan Carlos Malouf

Malouf Int'l Realty, Inc. License #3101900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,064

Year Built

  • Built in 1995

HOA Fees

  • $1,705 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • 1,340 Sq Ft Home
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Courtyard
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-060-1410

Community Details

Overview

  • High-Rise Condominium
  • La Gorce Palace Condos
  • La Gorce Palace Condo Subdivision
  • 32-Story Property

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,064

Year Built

Built in 1995

Lot Details

0 Sq Ft Lot

HOA Fees

$1,705 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LA GORCE PALACE CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Other, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1340
  • Possible Use: Unknown/Withheld
  • Stories: 32
  • Bedroom Features: Entry Level, Other

Exterior Features

  • View: Intracoastal View, Ocean View, Other View
  • Exterior Features: East Of Us1, Barbeque, Courtyard, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: La Gorce Palace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Secured Garage/Parking, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1705
  • Amenities: Barbecue, Community Room, Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-060-1410
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Oct 26, 2023
Sold by
Rius Ralph and Rius Ana
Bought by
Alayon Richard
Seller's Agent
Dustin Fealy
MMLS Assoc.-Inactive Member
Buyer's Agent
Juan Carlos Malouf
Malouf Int'l Realty, Inc.
List Price
$550,000
Sold Price
$675,000
Premium/Discount to List
$125,000
22.73%
Current Estimated Value
$1,029,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,395
Avg. Annual Appreciation
19.31%

Purchase Details

Closed on
Jan 2, 1996
Sold by
La Gorce Palace Inc
Bought by
Rius Ralph and Rius Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.29%
Mortgage Type
New Conventional
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
Alayon Richard $676,000 None Listed On Document
Rius Ralph $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rius Ralph $70,000
Previous Owner Rius Ralph $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $675,000 +22.7% $504 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $550,000 0.0% $410 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $550,000 0.0% $410 / Sq Ft
02/10/2016 02/10/16 Rented $2,800 -12.5% --
01/11/2016 01/11/16 Under Contract -- -- --
11/16/2015 11/16/15 For Rent $3,200 -- --
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 $11,769 $665,069 -- --
2024 $10,374 $626,327 -- --
2023 $10,374 $512,757 $0 $0
2022 $9,064 $466,143 $0 $0
2021 $8,182 $492,752 $0 $0
2020 $9,262 $478,400 $0 $0
2019 $10,325 $532,800 $0 $0
2018 $10,570 $592,000 $0 $0
2017 $9,670 $495,845 $0 $0
2016 $9,324 $450,769 $0 $0
2015 $9,021 $409,790 $0 $0
2014 $7,839 $372,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dustin Fealy

    MMLS Assoc.-Inactive Member

    Section Image
  • Juan Carlos Malouf

    Buyer's Agent in 2023

    Juan Carlos Malouf

    Malouf Int'l Realty, Inc.

    (786) 546-4785

    1 in this area

    49 Total Sales

    Juan Carlos Malouf
    Section Image
  • Marilina Apfelbaum

    Seller's Agent in 2016

    Marilina Apfelbaum

    Beachfront Realty Inc

    (786) 287-3633

    16 in this area

    40 Total Sales

    Marilina Apfelbaum
    Section Image
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About La Gorce Palace

Source: MIAMI REALTORS® MLS

MLS Number: A11339223

MIAMI REALTORS® MLS

APN: 02-3211-060-1410

Florida Miami/Dade County Miami Beach 33140

Oceanfront

Not Listed for Sale

Condos

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