NOT LISTED FOR SALE

Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $1,283,957 - $2,002,000

2 Beds
2.5 Baths
1,330 Sq Ft
653 Sq Ft Lot

Last Sold August 11, 2014

Last sale price $750,000 $564 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,402/month

483 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Tile Flooring
  • 2 Car Garage
  • South Pointe Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2014

lovely unit on hibiscus island, bay view, ocean access, unique opportunity.

Last Agent to Sell the Property

Marilina Apfelbaum

Beachfront Realty Inc License #0662372 Listed on: 03/13/2013

Beachfront Realty Inc

Last Buyer's Agent

Marilina Apfelbaum

Beachfront Realty Inc License #0662372 Listed on: 03/13/2013

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,580

Year Built

  • Built in 1997

Lot Details

  • 653

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Bay Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-014-0040

Community Details

Overview

  • Property has a Home Owners Association
  • Hibiscus Island Condos

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,580

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Second Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1330
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HIBISCUS ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-32-014-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jul 30, 2014
Sold by
Causeway Consulting & Capital Llc
Bought by
Nguyen Dai Le
Seller's Agent
Marilina Apfelbaum
Beachfront Realty Inc
Buyer's Agent
Marilina Apfelbaum
Beachfront Realty Inc
List Price
$900,000
Sold Price
$750,000
Premium/Discount to List
-$150,000
-16.67%
Current Estimated Value
$1,556,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,239
Avg. Annual Appreciation
6.57%
Original Mortgage
$355,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 2013
Sold by
Fanwar Cecilia L
Bought by
Causeway Consulting & Capital Llc

Purchase Details

Closed on
May 24, 2011
Sold by
Trevor R Compton Est Of
Bought by
Fanwar Cecilia Leah

Purchase Details

Closed on
Jun 16, 2000
Sold by
Viera James W
Bought by
Compton Trevor R

Purchase Details

Closed on
Apr 27, 1994
Sold by
Handley William L
Bought by
Bay Front Resorts Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.48%
Source: Public Records

Range of Values:

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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
Nguyen Dai Le $780,000 Attorney
Causeway Consulting & Capital Llc $450,000 Attorney
Fanwar Cecilia Leah -- --
Compton Trevor R $277,000 --
Bay Front Resorts Inc $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Dai $500,000
Closed Nguyen Dai Le $355,000
Previous Owner Compton Travis R $612,000
Previous Owner Compton Travis R $74,000
Previous Owner Compton Travis R $600,000
Previous Owner Compton Trevor R $100,000
Previous Owner Compton Travis R $273,000
Previous Owner Compton Trevor R $268,000
Previous Owner Bay Front Resorts Inc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $750,000 -6.3% $564 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
03/12/2014 03/12/14 Price Changed $800,000 -11.1% $602 / Sq Ft
12/23/2013 12/23/13 Price Changed $900,000 0.0% $677 / Sq Ft
12/23/2013 12/23/13 For Sale $900,000 +20.0% $677 / Sq Ft
03/13/2013 03/13/13 Off Market $750,000 -- --
03/13/2013 03/13/13 For Sale $100,000 -- $75 / 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 $14,201 $787,304 -- --
2024 $13,858 $765,116 -- --
2023 $13,858 $742,832 $0 $0
2022 $13,374 $721,197 $0 $0
2021 $13,220 $700,192 $0 $0
2020 $13,070 $690,525 $0 $0
2019 $14,254 $751,000 $0 $0
2018 $14,269 $732,440 $0 $0
2017 $14,509 $732,440 $0 $0
2016 $14,150 $689,736 $0 $0
2015 $12,758 $627,033 $0 $0
2014 $9,241 $437,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marilina Apfelbaum

    Seller's Agent in 2014

    Marilina Apfelbaum

    Beachfront Realty Inc

    (786) 287-3633

    46 Total Sales

    Marilina Apfelbaum
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Source: MIAMI REALTORS® MLS

MLS Number: A1760292

MIAMI REALTORS® MLS

APN: 02-3232-014-0040

Florida Miami/Dade County Miami Beach 33139

Star, Palm and Hibiscus Islands

This home since 13 March 2013 and is currently estimated at $1,556,239, approximately $1,170 per square foot. This property was built in 1997. This home is a home with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

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