$2,999,000
PENDING

Estimated payment $21,723/month

Total Views 1,033
6 Beds
5.5 Baths
7,073 Sq Ft
$424 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Ocean Front
  • Penthouse
  • 3-minute walk to South City Beach Park

About This Home

Experience a tranquil life on the ocean in this oceanfront penthouse, one of the largest available. PH1 spans the entire top floor of Malaga Towers, offering 7,200 sq ft of living space and 6,000 sq ft of wraparound outdoor terraces with stunning 360-degree views of the ocean, skyline, and sunsets. This is a rare opportunity to customize a magnificent oceanfront residence to your personal taste and create the ultimate luxury retreat. This grand residence features a private elevator, grand staircase, and a 900 sq ft guest/maid apartment with its own entrance and kitchen. Updated amenities include tennis courts, fitness center, social room, heated pool, concierge, and valet. Conveniently located near Fort Lauderdale, Bal Harbour, Aventura, and top shopping and dining.

Listing Agent

Jonathan Mann

Coldwell Banker Realty License #3092781

Coldwell Banker Realty

Co-Listing Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,405

Year Built

  • Built in 1975

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,073 Sq Ft Home
  • Furnished
  • Blinds
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Cooking Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514226CJ0730

Community Details

Overview

  • Malaga Towers Condo
  • Malaga Towers Condo Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,405

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Entry Level: 21
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MALAGA TOWERS CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Closet Cabinetry, Cooking Island, Elevator, Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 7073
  • Other Equipment: Elevator
  • Stories: 21
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Direct Ocean, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MALAGA TOWERS CONDO
  • 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, Other

Condo/Co-op/Association

  • Association Fee: 1200
  • Amenities: Clubhouse-Clubroom, Community Room, Exercise Room, Pool, Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514226CJ0730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 45405

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
2025 $47,402 $2,270,990 -- --
2024 $45,405 $2,270,990 -- --
2023 $45,405 $1,876,860 $0 $0
2022 $38,122 $1,706,240 $0 $0
2021 $32,129 $1,551,130 $155,110 $1,396,020
2020 $32,656 $1,569,800 $156,980 $1,412,820
2019 $35,291 $1,687,970 $168,800 $1,519,170
2018 $32,980 $1,662,400 $166,240 $1,496,160
2017 $28,991 $1,502,840 $0 $0
2016 $27,896 $1,366,220 $0 $0
2015 $25,476 $1,242,020 $0 $0
2014 $23,001 $1,129,110 $0 $0
2013 -- $1,026,470 $102,650 $923,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Pending -- -- --
07/08/2024 07/08/24 For Sale $2,999,000 -- $424 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,325,000 None Available
Trustee Deed -- Attorney
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $4,200,000 Quantum Title Services
Warranty Deed $1,600,000 Trans State Title Ins Corp
Warranty Deed $1,500,000 --
Warranty Deed $1,300,000 --
Warranty Deed $851,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,940,000 Negative Amortization
Previous Owner $645,000 Stand Alone Second
Previous Owner $1,280,000 Unknown
Previous Owner $925,000 New Conventional
Previous Owner $407,000 Credit Line Revolving
Previous Owner $110,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11618960

MIAMI REALTORS® MLS

APN: 51-42-26-CJ-0730