Property Details
| Sold Price | $1,000,000 |
|---|---|
| Last Asking Price | $1,125,000 |
| Price per SqFt | $338 |
| Maintenance Fee | $3,603 Monthly |
| Property Taxes | $14,791 2022 |
| Interior Space | 2,957 SqFt |
| Beds/Baths | 3/3½ |
| Closed Date | 6/30/2023 |
| MLS # | A11358773 |
Location
From the listing
Welcome to Palm Bay Towers in one of Miami's most desirable waterfront neighborhoods between exclusive Morningside & Belle Meade. This stunning property sits on 10 acres right on Biscayne Bay. Amenities include tennis, pickleball, pool & hot tub, gym, grilling area, 24-hour front desk attendant, valet parking, and management on site. The building’s coveted marina is about to undergo a full renovation with no further assessment to residents. The 41-dock marina will accommodate up to 100 FT boats. Inside the residence, you’ll find nearly 3,000 SF of living space & spectacular unobstructed water views. Palm Bay Towers is undergoing a full restoration. This boutique 68-unit building only has 5% inventory for sale, a true testament that current owners know the value behind this property.
Listed by One Sotheby's International Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $3,603 a month; taxes $14,791 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · Palm Bay Towers Unit 22N
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10948723 | $830,000 | 12/23/20 |
What Other Units Have Been Selling For at Palm Bay Towers
2 units sold at Palm Bay Towers in the last 12 months at an average of $444/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 10N | $550,000$186/SqFt | 71% | 4/23/24 |
| 21W | $1,350,000$255/SqFt | 77% | 6/23/23 |
| 24N | $830,000$281/SqFt | 83% | 6/9/23 |
| 20N | $699,000$236/SqFt | 100% | 6/6/22 |
| 3S | $665,000$225/SqFt | 89% | 5/20/22 |
| 23N | $505,000$171/SqFt | 84% | 1/31/22 |
| 18S | $590,000$200/SqFt | 84% | 1/28/22 |
| 26S | $1,200,000$406/SqFt | 96% | 10/29/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by One Sotheby's International Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
Palm Bay Towers Unit 22N, 720 NE 69th St · MLS A11358773 · Sold Jun 2023
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Palm Bay Towers
At Palm Bay Towers, 2 units are for sale and 2 sold in the last 12 months at an average of $444 per SqFt. Unit 22N sold at $338 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.