$574,000
$120K PRICE DROP

Estimated payment $4,419/month

Total Views 2,050
1 Bed
2 Baths
1,591 Sq Ft
$361 Price per Sq Ft

Highlights

  • Property has ocean access
  • Boat Dock
  • Fitness Center
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property fronts an intracoastal waterway
  • Bay View

About This Home

Boat Dock Available! Rare opportunity to purchase a massive 1 bedroom residence overlooking Biscayne Bay and the 'Billionaire Bunker' on Indian Creek Island! Live amongst the Stars with a view better than theirs! This Monterey 1 bedroom 2 full bath residence features 1,591 interior square feet plus a huge private 14' X 12' foot waterfront terrace. Massive living room, eat in kitchen, multiple walk-in closets. 2 parking spots! 18 unit boutique building includes: Climate controlled storage room, bayfront pool, BBQ, billiards, sauna, paddleboard & bike storage, car charging station, 2 parking spots. No Renting! No Pets! BOAT DOCK Available. Cash Only.

Listing Agent

Paul Basile

Douglas Elliman License #3031313

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Fenced

HOA Fees

  • $1,006 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Golf Course
  • Skyline

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,591 Sq Ft Home
  • Awning
  • Entrance Foyer
  • Tile Flooring
  • Video Cameras
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Dock Available
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-031-0140

Community Details

Overview

  • 18 Units
  • Mid-Rise Condominium
  • The Monterey Condos
  • The Monterey Condo Subdivision
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Laundry Facilities
  • Elevator
  • Lobby
  • Secure Lobby
  • Interior Hall
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,502

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,006 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Directions: From Miami Beach: Collins Ave to Bal Harbour Shops at 96th St. go west thru quaint village to West Bay Harbor Dr. go left, follow to The Monterey. From Miami: East on 125th cross Broad Causeway and beautiful Biscayne Bay, Right on West Bay Harbor Dr.
  • Entry Level: 6
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE MONTEREY CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range
  • Interior Amenities: Interior Hall, Lobby, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1591
  • Stories: 7
  • Bedroom Features: Entry Level, Primary Bath Shower, Sitting Area - Primary Bedroom

Exterior Features

  • View: Bay, Golf View, Skyline, Water View
  • Exterior Features: East Of Us1, Barbeque, Fruit Trees
  • Construction Type: Concrete Block Construction, CBS Construction, Other
  • Fencing: Fenced
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Monterey
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Phone Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1006
  • Amenities: Barbecue, Bike Storage, Billiard Room, Boat Dock, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Storage, Heated Pool, Kitchen Facilities, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 13-22-27-031-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2502

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 $2,422 $178,290 -- --
2023 $2,422 $173,098 $0 $0
2022 $2,326 $168,057 $0 $0
2021 $2,356 $163,163 $0 $0
2020 $2,325 $160,911 $0 $0
2019 $2,260 $157,294 $0 $0
2018 $2,157 $154,362 $0 $0
2017 $2,156 $151,188 $0 $0
2016 $2,180 $148,079 $0 $0
2015 $2,189 $147,050 $0 $0
2014 $2,246 $145,883 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $574,000 -14.8% $361 / Sq Ft
03/25/2025 03/25/25 Price Changed $674,000 -2.9% $424 / Sq Ft
02/07/2025 02/07/25 For Sale $694,000 -- $436 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $315,000 Attorney
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11741069

MIAMI REALTORS® MLS

APN: 13-2227-031-0140