Home » Miami » Palm Bay Towers at 720 69th St Miami » 720 NE 69th St 10W, Miami, FL 33138 | A11638744

Sold 720 NE 69th St 10W, Miami, FL 33138

$550,000
closed for a price of $485,000

Property Highlights

Listing ID A11638744 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,763 Sqft/163.79 m2 approx. Building Area 1,763 Sqft/163.79 m2 approx. POOL Year Built 1972 Waterfront Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 47 Days

720 NE 69th St 10W, Miami, FL 33138

Property Description: Breathtaking condo with marina in the iconic Palm Bay Tower. Surrounded by 10 acres of lush landscaping on Biscayne Bay. It offers expansive water views from every room. Includes impact windows, marble floors throughout and electric curtains. Amenities feature: heated Olympic-sized pool, jacuzzi, 24/7 desk attendant and security, marina, gym, tennis and pickleball courts, valet parking, grills, guest parking, and on-site management. The building 's marina is undergoing a full renovation, generates income and accommodates boats up to 100 feet. The building is also undergoing restoration, with the West balconies soon to reopen. With no available units for sale, this 68-unit boutique building demonstrates its value. Close to the beach, airport, and downtown. Don 't miss this unique opportunity.

Useful Info

Contingency:No Contingencies
Original List Price:$550,000
Close Price:$485,000
More Listings Same Building:Palm Bay Towers at 720 69th St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):10
Entry Level Location:10
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:27
Number of Units in the Community or Building:70
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Water
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
  • Navigable Water
  • Seawall
  • Bayfront
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Door Man
  • Security Guard
  • Lobby Secured
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Ice Maker
Interior Features:
  • Breakfast Bar
  • Living/dining Room
  • First Floor Entry
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Main Living Area Entry Level
Exterior Features:
  • Security/high Impact Doors
  • Balcony
  • Tennis Court(s)
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Building Features:
  • Exterior Lighting
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$6,655

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$3,253
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Marina
  • Pool
  • Vehicle Wash Area
  • Trash
  • Barbecue
  • Pickleball
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
Subdivision Name:PALM BAY TOWERS CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Security
  • Common Areas
  • Association Management
  • Insurance
  • Reserve Fund
  • Hot Water
  • Amenities
Complex Name:PALM BAY TOWERS
Senior Community:No
Development Name:PALM BAY TOWERS
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Carport Spaces:2
Covered Spaces:4
Parking Features:
  • Garage
  • Covered
  • Assigned
  • Guest
  • Detached
Carport:Yes

More Details

Other Information:
Unit ViewIntracoastal View,Water View
Housing Older Persons ActUnverified
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects Homestead Tax
Number of times allowed to lease per year1
Flood ZoneAE
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code1
Subdivision Number53
Buyer Country of ResidenceVenezuela
Water Access Description:Dock Available

Zoning and Legal

Tax Legal Description:PALM BAY TOWERS CONDO UNIT 10-W UNDIV 1.030% INT IN COMMON ELEMENTS CLERKS FILE 72R90890 & 72R116360 OR 16549-2635 0994 4 COC 21942-4523 12
Real Estate Folio Number (Parcel Number):01-32-18-053-0240
Public Survey Township:1
Public Survey Range:32
Public Survey Section:18
Title to the property is held by owner as:
  • Self Proprietor/individual

Listing History

Update/EventDate/Days
Published Date:August 10, 2024 10:34 am
On Market Date:August 10, 2024
Close Date:September 26, 2024
Price Change Date Time:August 9, 2024 1:41 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 27, 2024 8:29 am
Status Last Changed:September 27, 2024 8:29 am
Photos Last Modified:August 13, 2024 9:45 pm
Last Modified:September 27, 2024 12:29 pm
Days on the Market Reference Date:September 27, 2024
Days on the Market (updated on Last Modified*):3
Cumulative Days on the Market (updated on Last Modified**):3

Additional Information

Unit Location:High Rise
Number of Photos:34
Location:,,
Included:,,
Area:32
Courtesy of:Mainframe Real Estate
Universal Property Id:US-12025-N-0132180530240-R-N

Location

Show Property Address:Yes
Street Name:69th St
Street Number:720
Street Direction Prefix:NE
Street Address:720 NE 69th St 10W
Unit Number:10W
City : Miami
State : Florida
Zip Code : 33138
County : Miami-Dade
Full Address:720 NE 69th St 10W, Miami, FL 33138
Latitude:N25° 50' 13.9''
Longitude:W81° 49' 12.8''

Neighborhood

Postal City:Miami
City Region:Arthur And Polly May

Property Map

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