$3,795,000
$100K PRICE DROP

Estimated payment $29,964/month

Total Views 1,987
3 Beds
3.5 Baths
2,031 Sq Ft
$1,869 Price per Sq Ft

Highlights

  • Doorman
  • Boat Dock
  • Penthouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • 1-minute walk to Probus Park

About This Home

Step into luxury at Palau Sunset Harbour's Penthouse 02, boasting a total of 4,256 SF indoor/outdoor space. The residence includes 2,031 SF interior area, 320 SF balcony area, and a 1,905 SF private rooftop. Featuring 2 beds, 3.5 baths, with a simple conversion option to a 3rd bed. Floor-to-ceiling windows flood the space with natural light, revealing stunning views of the water and Sunset Islands. The gourmet kitchen features Wolf appliances and a wine cooler. Elegant marble floors, refined wood paneling, and niches w/living walls add unique elegance. Lutron and Savant smart home upgrades, custom closets, and motorized blinds elevate the ambiance. Designed by renowned architect Kobi Karp, Palau PH02 perfectly balances urban convenience and tranquility, offering an unparalleled lifestyle.

Listing Agent

Liz Hogan

Compass Florida, LLC. Brokerage Phone: 305-804-9700 License #3045004

Compass Florida, LLC.

Co-Listing Agent

Kaitlyn Neumann

Compass Florida, LLC Brokerage Phone: 305-804-9700 License #3507817

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57,484

Year Built

  • Built in 2016

HOA Fees

  • $3,993 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Canal

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,031 Sq Ft Home
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Seawall

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-242-0370

Community Details

Overview

  • Palau Sunset Harbour Condos
  • Island View Addn Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Lobby
  • Secure Lobby
  • Bike Room

Recreation

  • Boat Dock

Pet Policy

  • Breed Restrictions

Security

  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$57,484

Year Built

Built in 2016

Lot Details

0

HOA Fees

$3,993 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND VIEW ADDN
  • Year Built Details: Condo-Conversion
  • ResoPropertyType: Residential
  • Attribution Contact: 305-804-9700
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Entrance Foyer, Other, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Living Area: 2031
  • Stories: 5
  • Window Features: Clear Impact Glass, Blinds, Drapes, Impact Glass, Sliding
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Canal, Skyline
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palau Sunset Harbour
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3993
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-242-0370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 57484

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 $60,849 $3,059,066 -- --
2023 $60,849 $3,220,070 $0 $0
2022 $42,013 $1,994,410 $0 $0
2021 $35,008 $1,813,100 $0 $0
2020 $35,101 $1,813,100 $0 $0
2019 $31,942 $1,648,300 $0 $0
2018 $29,519 $1,569,800 $0 $0
2017 $29,894 $1,569,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $3,795,000 -2.6% $1,869 / Sq Ft
02/24/2025 02/24/25 For Sale $3,895,000 +11.3% $1,918 / Sq Ft
03/15/2022 03/15/22 Sold $3,500,000 -5.1% $1,934 / Sq Ft
11/29/2021 11/29/21 For Sale $3,690,000 -- $2,039 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $3,500,000 Kellermann Varela Pl
Quit Claim Deed $800,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Closed $2,000,000 New Conventional
Closed $1,960,000 New Conventional
Previous Owner $1,095,500 Adjustable Rate Mortgage/ARM
Previous Owner $200,000 Commercial
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11748694

MIAMI REALTORS® MLS

APN: 02-3234-242-0370