$232,000
SOLD JUN 25, 2013
1 Bed
1 Bath
660 Sq Ft
$525/mo HOA Fee

Recently Sold

$352 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

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

About This Home

As of March 2025

Deluxe Suite at the Mercury South Beach! Located in prestigious SoFi neighborhood, just 1 block from ocean, this bright & airy corner apartment features kitchen, bright bedroom, dining area & spacious living area. This is the perfect property for those se eking a pied a terre or great investment with potential to generate revenue by using in-house hotel program . Great restaurants are all at just steps away with Prime 112 & Big Pink a stone's throw away. See it today! DAILY RENTALS ALSO!!!

Last Agent to Sell the Property

Christos Philippou

MMLS Assoc.-Inactive Member License #3248649 Listed on: 05/06/2013

Last Buyer's Agent

J. Miguel Moreno

Xcellence Realty License #0691603

Xcellence Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1921 | Newly Remodeled

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 660 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • Mercury South Beach Condos

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Laundry Facilities
  • Secure Lobby
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,786

Year Built

Built in 1921 | Newly Remodeled

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Elevator, Fire Sprinklers, Split Bedroom
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished
  • Living Area: 660
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Mercury South Beach
  • Open Parking: Yes
  • Parking Features: On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Fire Alarm, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 525
  • Amenities: Laundry, Elevator(s), Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-235-0470
  • Lot Size Sq Ft: 660
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 525

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2786

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
$399,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$812
Avg. Annual Appreciation
-0.80%

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
4.54%

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

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Range of Values:

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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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Source: MIAMI REALTORS® MLS

MLS Number: A1783558

MIAMI REALTORS® MLS

APN: 02-4203-235-0470