$1,950,000
$200K PRICE DROP

Estimated payment $14,457/month

Total Views 3,426
1 Bed
1.5 Baths
1,008 Sq Ft
$1,935 Price per Sq Ft

Highlights

  • Valet Parking
  • Dock Available
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

The ultimate luxury lifestyle is yours in this spectacular penthouse at the prestigious Murano at Portofino. The vibrant South of Fifth neighborhood offers only the best white sand beaches, turquoise waters and beautifully landscaped parks. World-class restaurants, friendly neighborhood cafes and elite social clubs are right here in this safe, tranquil enclave with a signature vibe. This modern, luxurious residence is beautifully renovated with ultra high-end fixtures and finishes. European kitchen by Nolte, smart home system, custom carpentry, electric window shades. Stunning views of the intercoastal waters and Miami's skyline, the marina and South Beach to the ocean. Beach club, two swimming pools, tennis courts, fitness center. (one pool and tennis court are under renovation)

Listing Agent

Denise Dupesso

Intercapital Realty, Inc. License #3584826

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,777

Year Built

  • Built in 2001 | Remodeled

HOA Fees

  • $1,425 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Custom Mirrors
  • Built-In Features

Kitchen

  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-251-1610

Community Details

Overview

  • High-Rise Condominium
  • Murano At Portofino Condos
  • Murano At Portofino Condo Subdivision
  • 37-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,777

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$1,425 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 17
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MURANO AT PORTOFINO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Other
  • Living Area: 1008
  • Stories: 37
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Bay, Pool Area View, Tennis Court View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Murano at Portofino
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1425
  • Amenities: Cabana, Community Room, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-251-1610
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25777

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $25,922 $1,371,753 -- --
2023 $25,922 $1,371,753 $0 $0
2022 $17,415 $926,860 $0 $0
2021 $16,269 $842,600 $0 $0
2020 $16,312 $842,600 $0 $0
2019 $11,040 $610,476 $0 $0
2018 $10,494 $599,094 $0 $0
2017 $10,397 $586,772 $0 $0
2016 $10,375 $574,704 $0 $0
2015 $10,507 $570,710 $0 $0
2014 $10,687 $566,181 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Price Changed $13,500 -3.6% $13 / Sq Ft
02/08/2025 02/08/25 Price Changed $14,000 0.0% $14 / Sq Ft
02/08/2025 02/08/25 Price Changed $1,950,000 -7.1% $1,935 / Sq Ft
01/06/2025 01/06/25 Price Changed $2,100,000 0.0% $2,083 / Sq Ft
01/05/2025 01/05/25 For Rent $15,000 0.0% --
12/25/2024 12/25/24 For Sale $2,150,000 +30.3% $2,133 / Sq Ft
04/14/2022 04/14/22 Sold $1,650,000 -9.6% $1,637 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $1,825,000 -- $1,811 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,027,000 Attorney
Warranty Deed $743,000 --
Warranty Deed $534,000 --
Warranty Deed $425,000 --
Deed $375,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $615,000 Adjustable Rate Mortgage/ARM
Previous Owner $382,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $375,000 Unknown
Previous Owner $364,800 Unknown
Previous Owner $322,700 Unknown
Previous Owner $300,720 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11714017

MIAMI REALTORS® MLS

APN: 02-4203-251-1610