$735,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $4,756/month

Total Views 891
2 Beds
2 Baths
1,506 Sq Ft
$488 Price per Sq Ft

Highlights

  • Doorman
  • Boat Dock
  • Fitness Center
  • Marina
  • Property fronts an intracoastal waterway
  • Clubhouse

About This Home

Rare 2-Bed/2-Bath Corner Unit with Stunning Biscayne Bay Views
Experience luxury living in this exceptional corner unit. Unobstructed views of Biscayne Bay, this rare home features expansive wrap-around terraces with breathtaking scenery. Upgrades throughout, including SubZero refrigerators and a Miele dishwasher, granite countertops, wine cellar cabinet. Access to amenities such as a swimming pool, tennis courts, gym and security for peace of mind. This is an opportunity to bring your yacht and anchor it just steps from your door, embracing the ultimate Miami boating lifestyle. Don’t miss out on this turnkey gem with a fantastic future marina access. This property should be worth much more. However, my loss might be your gain, disclosures will be made prior to contract signing.

Listing Agent

Thomas Marrazza

Investco Realty, LLC License #3094947

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,850

Year Built

  • Built in 1965

Lot Details

Parking

  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,506 Sq Ft Home
  • Tile Flooring
  • Video Cameras
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Miami Shores Elementary School
  • North Miami Middle School
  • North Miami High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Outdoor Grill
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-045-0350

Community Details

Overview

  • Property has a Home Owners Association
  • 74 Units
  • Mid-Rise Condominium
  • Palm Bay Condominium Condos
  • Palm Bay Condominium,Palm Bay Condominium Subdivision
  • Car Wash Area
  • 9-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,166

Security

  • Security Guard
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,850

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock, Community Marina
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALM BAY CONDOMINIUM,Palm Bay Condominium
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 1506
  • Stories: 9
  • Window Features: Complete Accordian Shutters
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Intracoastal View, Skyline, Water View
  • Exterior Features: East Of Us1, Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Bay Condominium
  • Parking Features: Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Amenities: Boat Dock, Clubhouse-Clubroom, Laundry, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Miami Shores
  • High School: North Miami
  • Middle Or Junior School: North Miami

Lot Info

  • Parcel Number: 01-32-18-045-0350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2166
  • Number Of Units In Community: 74
  • Number Of Units Total: 74

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7850

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 $6,891 $342,587 -- --
2023 $6,891 $311,443 $0 $0
2022 $6,361 $283,130 $0 $0
2021 $5,934 $257,391 $0 $0
2020 $5,660 $328,855 $0 $0
2019 $5,197 $304,495 $0 $0
2018 $4,799 $304,495 $0 $0
2017 $4,347 $175,802 $0 $0
2016 $4,164 $159,820 $0 $0
2015 $4,044 $145,291 $0 $0
2014 $3,618 $132,083 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $735,000 0.0% $488 / Sq Ft
01/13/2012 01/13/12 Rented $1,950 -4.9% --
12/14/2011 12/14/11 Under Contract -- -- --
10/28/2011 10/28/11 For Rent $2,050 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $120,000 Attorney
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 Balloon
Closed $100,000 Balloon
Closed $140,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $75,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11760062

MIAMI REALTORS® MLS

APN: 01-3218-045-0350