NOT LISTED FOR SALE

Estimated Value: $306,358

1 Bed
1 Bath
500 Sq Ft
1921 Built

Sale Details

Date Sold: June 3, 2024

Last sale price $258,375 $517 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,675 / mo

33 Days on Market

Highlights

  • Doorman
  • Furnished
  • Courtyard
  • Old Spanish Architecture
  • Community Pool
  • Tile Flooring

About This Home

As of June 2024

Are you looking for an affordable investment property or vacation pied a terre in a prime location? This charming 1-bedroom, 1-bathroom condo hotel unit is the perfect opportunity for you! Priced to sell, this cozy abode is nestled in the highly sought-after South of Fifth neighborhood, known for its vibrant atmosphere and walkability. With its abundance of potential, this property is an excellent investment opportunity. Call to get details on the rental program. Don't miss out on this gem! Easy to Show.

Last Agent to Sell the Property

nicole gongee

Rise Realty License #3222531 Listed on: 04/04/2024

Last Buyer's Agent

Joseph Krueger

Florida Capital Realty License #3296616

Florida Capital Realty
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1921

HOA Fees

  • $638 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Old Spanish Architecture
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 500 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-235-0200

Community Details

Overview

  • The Mercury South Beach Condos
  • The Mercury South Beach Subdivision

Amenities

  • Doorman
  • Laundry Facilities
  • Secure Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,583

Year Built

Built in 1921

Lot Details

0 Sq Ft Lot

HOA Fees

$638 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE MERCURY SOUTH BEACH
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Elevator, Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Vinyl
  • Furnished: Furnished
  • Living Area: 500
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: None

Exterior Features

  • View: None
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE MERCURY SOUTH BEACH
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 638
  • Amenities: Laundry, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-235-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4583

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Bought by
Current Estimated Value
$306,358

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jul 31, 2024
Sold by
Bought by
Seller's Agent
nicole gongee
Rise Realty
Buyer's Agent
Joseph Krueger
Florida Capital Realty
List Price
$325,000
Sold Price
$258,375
Premium/Discount to List
-$66,625
-20.5%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Feb 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Pointe, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$302,000 None Listed On Document
$250,000 Clear Title Group
$150,000 --
$150,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $258,375 -13.6% $517 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $299,000 -8.0% $598 / Sq Ft
04/04/2024 04/04/24 For Sale $325,000 0.0% $650 / Sq Ft
07/07/2015 07/07/15 Rented $1,800 0.0% --
07/07/2015 07/07/15 For Rent $1,800 -10.0% --
12/04/2014 12/04/14 Rented $2,000 +11.1% --
12/04/2014 12/04/14 For Rent $1,800 +12.5% --
06/20/2014 06/20/14 Rented $1,600 +6.7% --
05/21/2014 05/21/14 Under Contract -- -- --
10/23/2012 10/23/12 For Rent $1,500 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,230 $225,468
2024 $4,557 $265,257
2023 $4,557 $241,143 $0 $0
2022 $4,583 $237,399 $0 $0
2021 $4,347 $215,818 $0 $0
2020 $4,039 $230,000 $0 $0
2019 $3,826 $230,000 $0 $0
2018 $3,506 $230,000 $0 $0
2017 $3,385 $147,409 $0 $0
2016 $3,086 $134,009 $0 $0
2015 $2,906 $121,827 $0 $0
2014 $2,555 $110,752 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11563407

MIAMI REALTORS® MLS

APN: 02-4203-235-0200

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