NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,163,000

2 Beds
2 Baths
1,333 Sq Ft
$1,010/mo HOA Fee

Last Sold April 15, 2022

Last sale price $945,000 $709 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,245/month

9 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Community Pool
  • North Beach Elementary School Rated A-
  • Fitness Center
  • 2-minute walk to Belle Isle Park

About This Home

As of April 2022

Direct bay views and outstanding sunsets from the best line in the building in coveted Belle Isle South Beach location. Two bedroom floorplan completely updated boasting all new kitchen, two new bathrooms, gorgeous ceramic flooring throughout the main living area, new impact windows and new HVAC system. Bathrooms offer HEATED floors with marble flooring in guest bathroom and quart flooring/counters in the primary en-suite bathroom. The spacious kitchen boasts new stainless steel smart appliances including top of the line refrigerator that makes craft ice balls. Enjoy magnificent views of the Bay and Downtown Skyline from your private balcony. The Island Terrace condo is a boutique building with only 139 units and offers assigned covered parking, laundry on every floor, pool, gym and more!

Last Listed By

Oliver Davis

Live Work Play Miami Group, LLC. License #3081901 Listed on: 01/27/2022

Live Work Play Miami Group, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,990

Year Built

  • Built in 1967

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $1,010 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,333 Sq Ft Home
  • Furniture for Sale
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-044-0130

Community Details

Overview

  • High-Rise Condominium
  • Island Terrace Condo
  • Island Terrace Condo Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Business Center
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,990

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,010 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: KWMB02
  • Co List Office Phone: 786-530-1871
  • Entry Level: 3
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLAND TERRACE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 1333
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Window Features: Complete Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLAND TERRACE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 1010
  • Amenities: Business Center, Laundry, Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-33-044-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1010

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 15, 2022
Sold by
Julianne M Lake Revocable Trust
Bought by
Walters Matthew J
Seller's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
Buyer's Agent
Julie Harris
JBV Advisors, Inc.
List Price
$945,000
Sold Price
$945,000
Total Days on Market
9
Current Estimated Value
$1,085,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,503
Avg. Annual Appreciation
4.96%
Original Mortgage
$720,000
Outstanding Balance
$675,854
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$417,857

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jan 30, 2020
Sold by
Zakrison Tanya and Zakrison Tanya Liv
Bought by
Pogozalski Julianne M Lake and The Julianne M Lake Revocable
Seller's Agent
Scott Diffenderfer
Compass Florida, LLC.
Buyer's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
List Price
$629,000
Sold Price
$615,000
Premium/Discount to List
-$14,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.23%
Original Mortgage
$430,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2012
Closed on
Aug 30, 2012
Sold by
Vazquez Hector E
Bought by
Zakrison Tanya
Seller's Agent
Hector Vazquez
LoKation
Buyer's Agent
Josh Stein
Global Luxury Realty LLC
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$318,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2005
Sold by
Hogan Eric D
Bought by
Vazquez Hector E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2002
Sold by
Jerome M Wucher I
Bought by
Hogan Eric D and Vazquez Hector E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1993
Sold by
Wucher Anne P
Bought by
Ucher Anne P

Range of Values:

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Average Value
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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
Walters Matthew J $945,000 Armenteros Law Pa
Pogozalski Julianne M Lake $615,000 None Available
Zakrison Tanya $480,000 Attorney
Vazquez Hector E $112,700 Union Title Services Inc
Hogan Eric D $226,700 --
Ucher Anne P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Matthew J $720,000
Previous Owner Pogozalski Julianne M Lake $430,500
Previous Owner Zakrison Tanya $318,500
Previous Owner Vazquez Hector E $234,000
Previous Owner Hogan Eric D $221,000
Previous Owner Hogan Eric D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $945,000 0.0% $709 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $945,000 +53.7% $709 / Sq Ft
02/24/2020 02/24/20 Sold $615,000 -2.2% $461 / Sq Ft
12/05/2019 12/05/19 For Sale $629,000 +31.0% $472 / Sq Ft
09/06/2012 09/06/12 Sold $480,000 0.0% $360 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
06/17/2012 06/17/12 For Sale $480,000 -- $360 / 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 $14,116 $811,768 -- --
2023 $14,116 $788,125 $0 $0
2022 $10,503 $533,500 $0 $0
2021 $9,364 $485,000 $0 $0
2020 $9,389 $485,000 $0 $0
2019 $9,399 $485,000 $0 $0
2018 $9,442 $502,127 $0 $0
2017 $10,258 $534,512 $0 $0
2016 $9,877 $485,920 $0 $0
2015 $9,544 $441,746 $0 $0
2014 $8,305 $401,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11152183

MIAMI REALTORS® MLS

APN: 02-3233-044-0130