NOT LISTED FOR SALE

1051 Meridian Ave Unit 1P Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $274,000 - $316,000

1 Bed
1 Bath
715 Sq Ft
1937 Built

Last Sold November 11, 2022

Last sale price $255,000 $357 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,001/month

73 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Bike Room
  • Skyline View
  • Cooking Island
  • 4-minute walk to Flamingo Park

About This Home

As of November 2022

Large 1 Bedroom 1 Bath unit in historic Art Deco building. Natural light shines through this entire corner unit with wall to wall windows. Open floor plan ready for a personal touch. Must see; largest unit in building can be converted to two bedrooms very easily. Across from Flamingo Park which features a pool, track, gym, dog park, racquetball courts, & 19 clay tennis courts. Walk to the best of the beach!

Last Agent to Sell the Property

Tara Panaccione

One Sotheby's International Re Brokerage Email: MLS@onesothebysrealty.com License #3299544 Listed on: 08/29/2022

One Sotheby's International Re

Last Buyer's Agent

Juan Gallego

Gary Hennes Realtors License #3254904

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1937 | Newly Remodeled

Lot Details

  • West Facing Home
  • Fenced

Property Views

  • Skyline
  • Garden

Interior Spaces

  • 715 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Wood Flooring

Kitchen

  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Location

  • East of U.S. Route 1

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-163-0150

Community Details

Overview

  • Property has a Home Owners Association
  • 16 Units
  • Low-Rise Condominium
  • The Flamingo Plaza Condos
  • The Flamingo Plaza Subdivision

Amenities

  • Laundry Facilities
  • Lobby
  • Bike Room

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $579
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,658

Year Built

Built in 1937 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE FLAMINGO PLAZA
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: MLS@onesothebysrealty.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Lobby, First Floor Entry, Cooking Island
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 715
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Window Features: Blinds
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View, Skyline
  • Exterior Features: East Of Us1
  • Direction Faces: West
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE FLAMINGO PLAZA
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Bike Storage, Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-163-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 579
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Nov 2, 2022
Sold by
Craig William Laurence and Craig Penelope Ann
Bought by
Kaltenbacher Kevin
Seller's Agent
Tara Panaccione
One Sotheby's International Re
Buyer's Agent
Juan Gallego
Gary Hennes Realtors
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
55
Current Estimated Value
$295,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,127
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Lacasse Bernard Leonard and Lacasse Bernard Leonard
Bought by
Craig William Laurence and Craig Penelope Ann

Purchase Details

Closed on
Nov 10, 2011
Sold by
Schafer Sandra L and Lacasse Bernard L
Bought by
Schafer Sandra Lee

Purchase Details

Closed on
Mar 10, 1998
Sold by
Allen Joseph C
Bought by
Schafer Sandra L and Lacasse Bernard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.95%
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
Kaltenbacher Kevin $255,000 --
Craig William Laurence $240,000 Attorney
Schafer Sandra Lee -- Attorney
Schafer Sandra L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer Sandra L $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Sold $255,000 -7.3% $357 / Sq Ft
08/29/2022 08/29/22 For Sale $275,000 0.0% $385 / Sq Ft
11/15/2021 11/15/21 Rented -- -- --
11/02/2021 11/02/21 Under Contract -- -- --
11/02/2021 11/02/21 For Rent $1,550 +3.3% --
08/01/2020 08/01/20 Rented $1,500 -5.7% --
07/07/2020 07/07/20 Under Contract -- -- --
06/12/2020 06/12/20 Price Changed $1,590 -0.6% $2 / Sq Ft
05/22/2020 05/22/20 Price Changed $1,600 -1.5% $2 / Sq Ft
05/12/2020 05/12/20 Price Changed $1,625 0.0% $2 / Sq Ft
05/12/2020 05/12/20 For Rent $1,625 0.0% --
05/04/2020 05/04/20 Price Changed $1,625 +25.0% $2 / Sq Ft
05/01/2020 05/01/20 Rented $1,300 -21.2% --
04/08/2020 04/08/20 For Rent $1,650 -2.9% --
12/18/2019 12/18/19 Rented $1,700 +3.0% --
12/18/2019 12/18/19 Under Contract -- -- --
12/09/2019 12/09/19 For Rent $1,650 -- --
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 $4,454 $237,044 -- --
2024 $4,479 $237,044 -- --
2023 $4,479 $237,044 $0 $0
2022 $3,453 $183,755 $0 $0
2021 $3,658 $189,438 $0 $0
2020 $4,168 $215,270 $0 $0
2019 $4,050 $209,000 $0 $0
2018 $3,934 $209,228 $0 $0
2017 $3,984 $209,228 $0 $0
2016 $4,143 $206,228 $0 $0
2015 $3,714 $187,480 $0 $0
2014 $3,727 $180,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11264589

MIAMI REALTORS® MLS

APN: 02-4203-163-0150