NOT LISTED FOR SALE

Estimated Value: $2,193,000 - $2,583,000

4 Beds
3.5 Baths
1,929 Sq Ft
$3,026/mo HOA Fee

Last Sold June 17, 2024

Last sale price $2,375,000 $1,231 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $18,401/month

166 Days on Market

Highlights

  • Doorman
  • Home fronts navigable water
  • Intracoastal View
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • Marble Flooring

About This Home

As of June 2024

Luxury Apartment with a Spectacular View of the Intracoastal Waterway. Located in the Prestigious City of BAY HARBOR ISLANDS and close to the BAL HARBOUR SHOPPING MALL. Italian Kitchen and Closet Cabinets. Smart Home System. Sound System. Impact Windows. Storage Room. 2 Assigned Covered Parking Spaces.

Last Agent to Sell the Property

Manuel Govea Castillo

Capital Intl Realty LLC License #3416442 Listed on: 10/14/2023

Capital Intl Realty LLC

Last Buyer's Agent

Suzanna Mishiev

Million Realty LLC License #3118897

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,150

Year Built

  • Built in 2016

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway

HOA Fees

  • $3,026 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,929 Sq Ft Home
  • Marble Flooring
  • Intracoastal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Restricted saltwater access
  • Balcony

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-117-0330

Community Details

Overview

  • Mid-Rise Condominium
  • Sereno Residences Condos
  • Sereno Residences Condo Subdivision
  • The community has rules related to no trucks or trailers
  • 7-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,150

Year Built

Built in 2016

Lot Details

0

HOA Fees

$3,026 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Restricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SERENO RESIDENCES CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1929
  • Possible Use: Primary
  • Stories: 7
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: Intracoastal View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SERENO RESIDENCES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3026
  • Amenities: Barbecue, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 13-22-27-117-0330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 27150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jun 14, 2024
Sold by
Cesal Properties Llc
Bought by
Fatemi Family 2002 Trust and Fatemi
Seller's Agent
Manuel Govea Castillo
Capital Intl Realty LLC
Buyer's Agent
Suzanna Mishiev
Million Realty LLC
List Price
$2,650,000
Sold Price
$2,375,000
Premium/Discount to List
-$275,000
-10.38%
Views
68
Current Estimated Value
$2,462,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,915
Avg. Annual Appreciation
2.40%
Original Mortgage
$2,018,750
Outstanding Balance
$1,987,641
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$475,274
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fatemi Family 2002 Trust $2,375,000 None Listed On Document
Fatemi Family 2002 Trust $2,375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fatemi Family 2002 Trust $2,018,750
Closed Fatemi Family 2002 Trust $2,018,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $2,375,000 -10.4% $1,231 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
10/14/2023 10/14/23 For Sale $2,650,000 -- $1,374 / 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 $29,656 $1,925,747 -- --
2024 $27,149 $1,401,543 -- --
2023 $27,149 $1,274,130 $0 $0
2022 $22,246 $1,158,300 $0 $0
2021 $20,288 $1,053,000 $0 $0
2020 $20,378 $1,052,951 $0 $0
2019 $23,482 $1,210,289 $0 $0
2018 $21,827 $1,145,400 $0 $0
2017 $4,094 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11467756

MIAMI REALTORS® MLS

APN: 13-2227-117-0330