NOT LISTED FOR SALE

Estimated Value: $989,216 - $1,562,000

1 Bed
1.5 Baths
890 Sq Ft
$720/mo HOA Fee

Last Sold December 23, 2015

Last sale price $675,000 $758 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,851/month

313 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Furnished
  • Ocean Front
  • Main Floor Bedroom
  • 5-minute walk to Miami Beach Ocean Walk

About This Home

As of December 2015

Beautiful large one bedroom right on Lincoln Road Tastefully furnished, washer and dryer in the unit with one full bath and 1/2 half bath Fabulous ocean and city view from the balcony Great oceanfront building where Lincoln Road meets the ocean, just one block south of Collins Ave. Enjoy beach access and great new pool deck. Great central South Beach location Short term 30 day rentals allowed. Great investment or a great place to call home. Unbelievable rental income.

Last Agent to Sell the Property

Cinzia Nicotra

COSMORE Florida Corp. License #3225370 Listed on: 01/16/2015

Last Buyer's Agent

Cinzia Nicotra

COSMORE Florida Corp. License #3225370 Listed on: 01/16/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1965

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 890 Sq Ft Home
  • Furnished
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-080-2850

Community Details

Overview

  • High-Rise Condominium
  • Decoplage Condos
  • 17-Story Property

Amenities

  • Doorman

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,600

Year Built

Built in 1965

Lot Details

0

HOA Fees

$720 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 890
  • Possible Use: Investment
  • Stories: 17
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Skyline, Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: DECOPLAGE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 720
  • Amenities: Exercise Room, Heated Pool, Exterior Lighting, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-080-2850
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 720

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Dec 22, 2015
Sold by
Hjd Properties Llc
Bought by
Ferris Development Group Llc
Seller's Agent
Cinzia Nicotra
COSMORE Florida Corp.
Buyer's Agent
Cinzia Nicotra
COSMORE Florida Corp.
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%
Current Estimated Value
$1,257,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,054
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Jan 16, 2015
Closed on
Dec 21, 2015
Sold by
Rapi Tiziana and Faggi Francesco
Bought by
Ferris Development Group Llc
Seller's Agent
Cinzia Nicotra
COSMORE Florida Corp.
Buyer's Agent
Cinzia Nicotra
COSMORE Florida Corp.
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Lcps Investments Llc
Bought by
Rapi Tiziana and Faggi Francesco

Purchase Details

Closed on
Mar 21, 2005
Sold by
Bailey Maria F
Bought by
Lcps Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 1997
Sold by
Esperti Giorgio
Bought by
Bailey Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.51%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ferris Development Group Llc $360,000 Attorney
Ferris Development Group Llc $675,000 Attorney
Rapi Tiziana $445,000 Attorney
Lcps Investments Llc $370,000 Royal Title & Escrow Co Inc
Bailey Maria F $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ferris Development Group Llc $650,000
Previous Owner Lcps Investments Llc $296,000
Previous Owner Bailey Maria F $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $675,000 0.0% $758 / Sq Ft
09/01/2015 09/01/15 Rented $2,400 -99.7% --
08/02/2015 08/02/15 Under Contract -- -- --
01/16/2015 01/16/15 For Sale $690,000 0.0% $775 / Sq Ft
06/14/2013 06/14/13 For Rent $3,300 -- --
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
2024 $14,015 $745,823 -- --
2023 $13,530 $686,955 $0 $0
2022 $12,025 $624,505 $0 $0
2021 $11,669 $567,732 $0 $0
2020 $11,330 $703,800 $0 $0
2019 $9,092 $469,200 $0 $0
2018 $8,824 $469,246 $0 $0
2017 $15,056 $790,650 $0 $0
2016 $15,358 $790,650 $0 $0
2015 $9,002 $427,347 $0 $0
2014 $8,763 $388,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2058827

MIAMI REALTORS® MLS

APN: 02-3234-080-2850