720 NE 69th Street PH 27N+27S, Miami, FL 33138

Sold $1,650,000 · Apr 1, 2022

Last asking price $1,800,000 · 91.7% of asking · 245 days on market

Similar Homes for Sale Nearby

  • 5 beds
  • 5 baths
  • 5,914 sq ft
  • Condominium
  • Built 1972
  • HOA $5,560/mo
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A11046247
  • Palm Bay Towers Condo
Photo 1 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 2 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 3 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 4 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 5 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 6 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 7 at 720 NE 69th Street PH 27N+27S, MiamiPhoto 8 at 720 NE 69th Street PH 27N+27S, Miami

About this home

REDUCED! Motivated Seller! Presenting the crown jewel of Miami Modern. Create your dream skytop palatial residence with panoramic views atop an architectural landmark on Biscayne Bay. This 5,914 sq ft double penthouse is prime for dramatic renovation. The iconic Palm Bay Tower is home to art collectors, power brokers & tastemakers. Penthouse 27N+27S offers breathtaking water views, spectacular sunsets & sunrises, and the skyline of Miami Beach and Downtown in the distance. The lushly landscaped, 10-acre Palm Bay complex includes a 40-foot swimming pool, fitness center, tennis courts, 24-hour security, plus a marina location with grand potential. Located in Miami’s Upper East Side, close to Morningside and Design District. The building has approved an incredible renovation plan!

Video Tour

Watch the video tour of 720 NE 69th Street PH 27N+27S

Features

Schools

  • Elementary: Morningside K-8 Academy (Miami-Dade)
  • Middle: Horace Mann
  • High: Miami Edison

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Geane F Brito

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Thinking of Selling Nearby?

720 NE 69th Street PH 27N+27S sold on Apr 1, 2022. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home at Palm Bay Towers with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 720 NE 69th Street PH 27N+27S

What did 720 NE 69th Street PH 27N+27S sell for?
720 NE 69th Street PH 27N+27S sold for $1,650,000 on Apr 1, 2022, about 91.7% of its last asking price of $1,800,000 and about $279 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 720 NE 69th Street PH 27N+27S?
The listing reported an association fee of $5,560 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 720 NE 69th Street PH 27N+27S?
The listing reported annual property taxes of $9,609 for 2020. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 720 NE 69th Street PH 27N+27S built?
720 NE 69th Street PH 27N+27S was built in 1972 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 720 NE 69th Street PH 27N+27S on the market?
720 NE 69th Street PH 27N+27S was on the market for 245 days before it sold, after the asking price was reduced from $2,200,000 to $1,800,000.
Is 720 NE 69th Street PH 27N+27S waterfront?
Yes. The listing described the water as bayfront.
Is 720 NE 69th Street PH 27N+27S still for sale?
No. 720 NE 69th Street PH 27N+27S sold on Apr 1, 2022. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Other Miami neighborhoods include Westwood Lake and Downtown Miami. Nearby ZIP codes include 33125 and 33126. This property also neighbors El Portal, North Bay Village, and Miami Shores. Compare it with the Miami housing market report.