Assessing the value of your Yacht Club Condo will help determine how much tax you pay on the property. However, it is not always the same as assessing other Miami properties like homes, apartments, or other Miami real estate.

The best way to find the value for your condo is to check comparable values (known as comps) of recently sold units in your club. This is how a realtor assesses your property. You will find comps listed in property databases, or ask your realtor.

As in residential condos, foreclosures and bank-owned short sales in your club will produce lower comps, and this may not reflect the real market value, or the price someone might want to pay for your condo.

Certain features more greatly influence a yacht club condo’s value like its proximity to the marina docks, square footage, number of rooms, deck or balcony, and interior options like hardwood floors and granite counter tops.

If you are having trouble finding a true value for your condo, let us help you. Our trained, professional realtors are experts in Miami real estate. Give us a call today and we’ll give you an accurate assessment right away.