NOT LISTED FOR SALE

1051 SW 1st St Unit 401 Miami, FL 33130

Riverside Neighborhood

Estimated Value: $220,000 - $374,000

2 Beds
1.5 Baths
706 Sq Ft
$250/mo HOA Fee

Last Sold September 14, 2023

Last sale price $275,000 $390 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,826/month

92 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Tile Flooring
  • Elevator
  • Views
  • 4-minute walk to Ernesto Lecuona Park

About This Home

As of September 2023

BRAND NEW opportunity in the heart of Miami! This property is a 4th floor corner unit composed of 2 bedrooms and 1.5 bathrooms. It is a perfect purchase for investors or first-time buyers looking to be centrally located in Miami with an expansive variety of nearby shopping centers and restaurants to suit anyone's needs. Inside the unit, you will find a comfortable layout and high-value aesthetics which bring ease to your everyday life. The lively and beautiful areas of Brickell and Downtown Miami are also readily accessible and easy to navigate through multiple roads with a commute under 10 minutes. Enjoy the comfort of modern* living and easy navigation by making this your HOME today!

Last Agent to Sell the Property

Reyson Yee

Vivienda Miami R.E. Group, Inc License #3260101 Listed on: 05/22/2023

Last Buyer's Agent

Liliana Valencia

MCL Realty Group LLC License #3156986

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1974

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 706 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-025-0480

Community Details

Overview

  • Low-Rise Condominium
  • Miramar Terrace Condo
  • Miramar Terrace Condo Subdivision

Amenities

  • Trash Chute
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,597

Year Built

Built in 1974

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MIRAMAR TERRACE CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 706
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Miramar Terrace Condo
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 250
  • Amenities: Laundry, Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-02-025-0480
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 12, 2023
Sold by
Curras-Collazo Margarita
Bought by
Restepo Jennifer
Seller's Agent
Reyson Yee
Vivienda Miami R.E. Group, Inc
Buyer's Agent
Liliana Valencia
MCL Realty Group LLC
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
207
Current Estimated Value
$266,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,913
Avg. Annual Appreciation
-0.25%

Purchase Details

Closed on
Nov 24, 2022
Sold by
Curras Luis
Bought by
Curras-Collazo Margarita
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
Restepo Jennifer $275,000 C&C Title
Curras-Collazo Margarita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restrepo Jennifer $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $275,000 -6.8% $390 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
06/24/2023 06/24/23 Price Changed $295,000 -1.7% $418 / Sq Ft
05/22/2023 05/22/23 For Sale $300,000 -- $425 / 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 $1,899 $140,530 -- --
2024 $2,907 $136,570 -- --
2023 $2,907 $141,400 $0 $0
2022 $2,597 $121,902 $0 $0
2021 $2,436 $110,820 $0 $0
2020 $2,301 $122,464 $0 $0
2019 $2,111 $113,393 $0 $0
2018 $1,947 $113,393 $0 $0
2017 $1,621 $75,693 $0 $0
2016 $1,519 $68,812 $0 $0
2015 $1,407 $62,557 $0 $0
2014 $1,352 $56,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11391066

MIAMI REALTORS® MLS

APN: 01-4102-025-0480