NOT LISTED FOR SALE

Estimated Value: $3,117,000 - $3,387,154

3 Beds
3.5 Baths
2,430 Sq Ft
$2,587/mo HOA Fee

Last Sold October 16, 2024

Last sale price $3,175,000 $1,307 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $22,160/month

196 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • Sauna

About This Home

As of October 2024

A MUST SEE! Exquisite 2 Bedroom + den 3 1/2 Marble baths condo in the prestigious MAJESTIC TOWER. This Corner Unit has AMAZING. unobstructed views of the City and Ocean. Floor to ceiling windows lead to a spacious wrap around balcony. Large eat in Kitchen with breakfast room, laundry room and huge master bedroom w/large walk-in closet. Bldg. amenities: 24/7 security, valet parking, tennis, basketball court, pool, gym, spa, private restaurant and beach & pool service. Minutes from Bal Harbour Shops, Surfside & Bay Harbor

Last Listed By

Helen Finvarb

Finvarb Realty, Inc. License #0026992 Listed on: 02/22/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,079

Year Built

  • Built in 1998

HOA Fees

  • $2,587 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,430 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Electric Shutters
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-038-1260

Community Details

Overview

  • High-Rise Condominium
  • Majestic Tower Condos
  • Majestic Tower Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,079

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2,587 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAJESTIC TOWER
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Custom Mirrors, Elevator, Entrance Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2430
  • Possible Use: Primary
  • Stories: 22
  • Window Features: Electric Shutters
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View, Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MAJESTIC TOWER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2587
  • Amenities: Bike Storage, Exercise Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-038-1260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Sep 25, 2024
Sold by
Klepach Bernard
Bought by
Nystrom Kevin
Seller's Agent
Helen Finvarb
Finvarb Realty, Inc.
Buyer's Agent
Alexandra Fournel
New Wave Realty, LLC.
List Price
$3,350,000
Sold Price
$3,175,000
Premium/Discount to List
-$175,000
-5.22%
Total Days on Market
196
Views
47
Current Estimated Value
$3,236,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,789
Avg. Annual Appreciation
2.03%

Purchase Details

Closed on
Apr 13, 1998
Sold by
Pru & Shel Development Partnership Iii
Bought by
Crystal Group Global Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
7.06%
Mortgage Type
New Conventional

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nystrom Kevin $3,175,000 None Listed On Document
Crystal Group Global Ltd $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crystal Group Global Ltd $438,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $3,175,000 -5.2% $1,307 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $3,350,000 -- $1,379 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $18,079 $2,785,050 -- --
2023 $18,079 $1,101,605 $0 $0
2022 $17,587 $1,069,520 $0 $0
2021 $17,588 $1,038,369 $0 $0
2020 $17,374 $1,024,033 $0 $0
2019 $17,003 $1,001,010 $0 $0
2018 $16,251 $982,346 $0 $0
2017 $16,138 $962,142 $0 $0
2016 $16,145 $942,353 $0 $0
2015 $16,360 $935,803 $0 $0
2014 $16,667 $928,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11537819

MIAMI REALTORS® MLS

APN: 12-2226-038-1260