$6,525,000
$975K PRICE DROP

Estimated payment $48,090/month

Total Views 3,306
3 Beds
3.5 Baths
3,365 Sq Ft
$1,939 Price per Sq Ft

Highlights

  • Doorman
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated A-
  • Dock Available
  • Bar or Lounge

About This Home

Discover an exceptional opportunity to own a residence at Murano at Portofino, a premier luxury building in the exclusive South of Fifth neighborhood. This spacious 3BED + Den, 3BA condo spans 3,365 square feet with unparalleled Miami Beach views. An expansive wrap-around terrace invites you to enjoy panoramic ocean and bay vistas, offering the perfect backdrop for breathtaking sunsets. Floor-to-ceiling windows fill each room with natural light, leading to private balconies showcasing the iconic skyline. Italian mosaic details and seamless built-in appliances enhance the interior, with a gourmet kitchen and open living spaces ideal for entertaining. Enjoy direct access to the South of Fifth Marina—perfect for boating enthusiasts.

Listing Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $85,950

Year Built

  • Built in 2002 | Remodeled

Lot Details

HOA Fees

  • $4,578 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,365 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • Dock Available

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-251-0190

Community Details

Overview

  • 189 Units
  • Murano At Portofino Condos
  • Murano At Portofino Condo Subdivision
  • 37-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Service
  • Secure Elevator
  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$85,950

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$4,578 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: MURANO AT PORTOFINO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Laundry Tub, Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other, Tile, Wood
  • Living Area: 3365
  • Stories: 37
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Utility Room/Laundry

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Point Lot
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MURANO AT PORTOFINO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 4578
  • Amenities: Bar, Barbecue, Bike Storage, Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-251-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4578
  • Number Of Units In Community: 189
  • Number Of Units Total: 189

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 85950

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 $78,651 $4,082,023 -- --
2023 $78,651 $3,710,930 $0 $0
2022 $66,418 $3,373,573 $0 $0
2021 $59,216 $3,066,885 $0 $0
2020 $35,150 $1,856,455 $0 $0
2019 $34,376 $1,814,717 $0 $0
2018 $32,716 $1,780,881 $0 $0
2017 $32,438 $1,744,252 $0 $0
2016 $32,396 $1,708,377 $0 $0
2015 $32,811 $1,696,502 $0 $0
2014 $33,378 $1,683,038 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $6,525,000 -2.6% $1,939 / Sq Ft
02/13/2025 02/13/25 Price Changed $6,700,000 -10.7% $1,991 / Sq Ft
11/13/2024 11/13/24 For Sale $7,500,000 +56.3% $2,229 / Sq Ft
02/28/2020 02/28/20 Sold $4,800,000 -12.7% $1,426 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
06/06/2019 06/06/19 For Sale $5,500,000 -- $1,634 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $4,645,000 Attorney
Warranty Deed $2,800,000 Attorney
Warranty Deed $1,180,000 --
Deed $873,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,100,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $650,000 Unknown
Previous Owner $819,000 Unknown
Previous Owner $826,000 New Conventional
Previous Owner $654,700 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11692555

MIAMI REALTORS® MLS

APN: 02-4203-251-0190