$400,000
SOLD MAR 5, 2025
1 Bed
1.5 Baths
660 Sq Ft
$753/mo HOA Fee

Recently Sold

$606 Per Sq Ft

28% Below List Price

218 Days on Market

Highlights

  • Doorman
  • Furnished
  • Elevator
  • South Pointe Elementary School Rated A-
  • Community Pool
  • 1-minute walk to Washington Dog Park & Annex

About This Home

As of March 2025

A true gem for the discerning buyer! This chic, exquisitely renovated 1 bedroom 1 bath residence, filled with natural light and South of Fifth located. This is a showcase property tastefully decorated an open and warm feeling throughout. The primary suite features a spacious, custom designed desk area, two separate entrances. Custom cabinetry and appliances make this kitchen a chef's dream. An important consideration, daily rental availability. It's a dream destination, providing full service, a superior on-site management team, excellent staff and door personnel. New Restaurants; Motek & Maman are now available at The Mercury.

Last Agent to Sell the Property

Brie Segota

MMLS Assoc.-Inactive Member Brokerage Phone: 305-588-3515 License #3426470 Listed on: 06/03/2024

Co-Listed By

Frederico Goncalves

MMLS Assoc.-Inactive Member Brokerage Phone: 305-588-3515 License #3538479

Last Buyer's Agent

Brie Segota

MMLS Assoc.-Inactive Member Brokerage Phone: 305-588-3515 License #3426470 Listed on: 06/03/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1921

HOA Fees

  • $753 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 660 Sq Ft Home
  • 3-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Open Floorplan
  • Tile Flooring
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-235-0470

Community Details

Overview

  • Low-Rise Condominium
  • The Mercury South Beach Condos
  • The Mercury South Beach Subdivision

Amenities

  • Doorman
  • Trash Chute
  • Laundry Facilities
  • Elevator
  • Lobby
  • Secure Lobby
  • Interior Hall

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,015

Year Built

Built in 1921

Lot Details

0

HOA Fees

$753 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: CFCR01
  • Co List Office Phone: 305-849-5616
  • Directions: The Mercury - 100 Collins Ave, Miami Beach, FL 33139
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE MERCURY SOUTH BEACH
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-588-3515
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Interior Hall, Lobby, Built-in Features, Custom Mirrors, Fire Sprinklers
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 660
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: Yes
  • 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, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 753
  • Amenities: Laundry, Elevator(s), Private Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-235-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Feb 28, 2025
Sold by
Kahati Ofir
Bought by
100 Collins Ph4 Llc
Seller's Agent
Brie Segota
MMLS Assoc.-Inactive Member
Buyer's Agent
Brie Segota
MMLS Assoc.-Inactive Member
List Price
$555,000
Sold Price
$400,000
Premium/Discount to List
-$155,000
-27.93%
Views
28
Current Estimated Value
$403,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,423
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
May 22, 2014
Sold by
Lta Florida Llc
Bought by
Kahati Ofir

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 22, 2013
Sold by
Smith Miguel Angel and Salis Pedro Conrado
Bought by
Lta Florida Llc
Seller's Agent
Christos Philippou
MMLS Assoc.-Inactive Member
Buyer's Agent
J. Miguel Moreno
Xcellence Realty
List Price
$249,000
Sold Price
$232,000
Premium/Discount to List
-$17,000
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Listed on
May 6, 2013
Closed on
Jun 25, 2013
Sold by
Lomas Albert G and Lomas Monique
Bought by
Smith Miguel Angel and Salis Pedro Conrado
Seller's Agent
Christos Philippou
MMLS Assoc.-Inactive Member
Buyer's Agent
J. Miguel Moreno
Xcellence Realty
List Price
$249,000
Sold Price
$232,000
Premium/Discount to List
-$17,000
-6.83%

Purchase Details

Closed on
Apr 26, 2000
Sold by
Nemo Sobe Inc
Bought by
Lomas Albert G and Lomas Monique
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $400,000 None Listed On Document
Trustee Deed $226,300 None Available
Quit Claim Deed -- Attorney
Warranty Deed $232,000 Ocean Title & Escrow Company
Warranty Deed $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $400,000 -11.1% $606 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/06/2024 12/06/24 Price Changed $450,000 -18.9% $682 / Sq Ft
10/18/2024 10/18/24 For Sale $555,000 +38.8% $841 / Sq Ft
10/17/2024 10/17/24 Off Market $400,000 -- --
06/03/2024 06/03/24 For Sale $555,000 +139.2% $841 / Sq Ft
06/25/2013 06/25/13 Sold $232,000 -6.8% $352 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $249,000 -- $377 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,580 $332,632 -- --
2024 $6,015 $350,138 -- --
2023 $6,015 $318,308 $0 $0
2022 $6,349 $337,907 $0 $0
2021 $6,155 $318,780 $0 $0
2020 $5,878 $303,600 $0 $0
2019 $5,883 $303,600 $0 $0
2018 $5,709 $303,600 $0 $0
2017 $5,536 $283,250 $0 $0
2016 $5,128 $264,000 $0 $0
2015 $5,087 $256,740 $0 $0
2014 $3,473 $170,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11600060

MIAMI REALTORS® MLS

APN: 02-4203-235-0470