NOT LISTED FOR SALE

Estimated Value: $540,000 - $720,000

1 Bed
1 Bath
686 Sq Ft
2004 Built

Last Sold November 01, 2022

Last sale price $550,000 $802 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,068/month

Highlights

  • Full Time Lobby Attendant
  • Fitness Center
  • Golf Course View
  • South Pointe Elementary School Rated A-
  • Spa
  • 1-minute walk to Washington Dog Park & Annex

About This Home

As of June 2023

Exceptional Turn-Key Opportunity in Miami Beach's exclusive South of Fifth neighborhood! This newly remodeled 1 Bedroom 1 bath residence features beautiful grey porcelain floors throughout, an updated kitchen & bathroom, and comes fully furnished. Residence 1411 features the most desirable South Exposure providing lots of natural light and a well laid out floorplan. Enjoy the beautiful views from your balcony and a full service, pet friendly. Available May 15th.

Last Agent to Rent the Property

Jacqueline Reeves

Cervera Real Estate Inc. License #3014198 Listed on: 04/24/2023

Cervera Real Estate Inc.

Last Renter's Agent

Carlos Sifuentes

Brown Harris Stevens License #3047763

Brown Harris Stevens

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 2004

Parking

  • 1 Car Garage
  • Secure Parking

Property Views

  • Golf Course
  • Garden

Home Design

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

Interior Spaces

  • 686 Sq Ft Home
  • Furnished
  • Blinds
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Heated Pool
  • Outdoor Pool

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 5/15/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-42-03-274-0570

Community Details

Overview

  • No Home Owners Association
  • Cosmopolitan Residence Condos
  • Cosmopolitan Residence,Cosmopolitan Subdivision
  • The community has rules related to no trucks or trailers
  • 8-Story Property

Amenities

  • Full Time Lobby Attendant
  • Clubhouse
  • Community Kitchen
  • Community Center
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,733

Year Built

Built in 2004

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-05-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Phone: 305-604-0565
  • Directions: Washington Avenue and 1st Street.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 8
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: COSMOPOLITAN RESIDENCE,COSMOPOLITAN
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 686
  • Stories: 8
  • Window Features: Blinds
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Laundry

Exterior Features

  • View: Garden, Golf Course
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community, Heated, Hot Tub
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: COSMOPOLITAN RESIDENCE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Laundry Features: Laundry Room
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Lobby Attended, Key/Card Entry Parking, Security Patrol

Condo/Co-op/Association

  • Amenities: Activity Room, Clubhouse, Community Pool, Elevator(s), Exercise Room, Kitchen Facilities, Management On Site, Other, Security Patrol
  • Association: No

Lot Info

  • Parcel Number: 02-42-03-274-0570
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: RM-PS1
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Nov 1, 2022
Sold by
Sese Juan Manuel and Sese Maria Del
Bought by
Quattrocchi 1 Llc
Seller's Agent
Jacqueline Reeves
Cervera Real Estate Inc.
Buyer's Agent
Jacqueline Reeves
Cervera Real Estate Inc.
Sold Price
$4,500
Current Estimated Value
$626,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,488
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 24, 2020
Sold by
Meimiami604 Llc
Bought by
Sese Juan Manuel and Delpalermo Maria Del
Seller's Agent
Harry Baxter
Fortune Christie's International Real Estate
Buyer's Agent
William McClain
Waterfront Investment Real Estate
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%

Purchase Details

Listed on
Mar 7, 2019
Closed on
Sep 5, 2019
Sold by
Blue 1101 Llc
Bought by
Meimiami604 Llc
Seller's Agent
Yadila Molina
Interealty Exchange Inc
Buyer's Agent
Harry Baxter
Fortune Christie's International Real Estate
List Price
$430,000
Sold Price
$370,000
Premium/Discount to List
-$60,000
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Mammucari Teo
Bought by
Blue 1101 Llc

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 30, 2017
Sold by
Sanchez Christopher
Bought by
Mammucari Teo
Seller's Agent
Colleen Holloway
One Sotheby's International Re
Buyer's Agent
Federico Olivieri
Interealty Exchange Inc
List Price
$459,900
Sold Price
$435,000
Premium/Discount to List
-$24,900
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Feb 21, 2014
Closed on
Apr 9, 2014
Sold by
Crowe Thomas K
Bought by
Sanchez Christopher
Seller's Agent
George Sauvigne
Luxury Real Estate Group LLC
Buyer's Agent
Audrey Lehr
MMLS Assoc.-Inactive Member
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Laton Dorothy
Bought by
Crowe Thomas K

Purchase Details

Closed on
Feb 28, 2005
Sold by
Ochoa Clara Ines and Baiz Alberto
Bought by
Laton Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2004
Sold by
The Courts At South Beach Ltd
Bought by
Ochoa Clara Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quattrocchi 1 Llc $550,000 --
Quattrocchi 1 Llc $550,000 None Listed On Document
Sese Juan Manuel $420,000 Coral Gables Ttl Escrow Llc
Meimiami604 Llc $370,000 Attorney
Blue 1101 Llc $65,400 Attorney
Mammucari Teo $435,000 Attorney
Sanchez Christopher $400,000 None Available
Crowe Thomas K $340,000 None Available
Laton Dorothy $330,000 Ewm Title
Ochoa Clara Ines $229,000 Executive Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laton Dorothy $264,000
Previous Owner Ochoa Clara Ines $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Rented $3,600 -5.3% --
06/05/2023 06/05/23 Under Contract -- -- --
05/10/2023 05/10/23 Price Changed $3,800 -5.0% $6 / Sq Ft
05/02/2023 05/02/23 Price Changed $4,000 -11.1% $6 / Sq Ft
04/24/2023 04/24/23 For Rent $4,500 0.0% --
11/11/2022 11/11/22 Rented $4,500 0.0% --
11/03/2022 11/03/22 Under Contract -- -- --
11/03/2022 11/03/22 For Rent $4,500 0.0% --
11/01/2022 11/01/22 Sold $550,000 -3.5% $802 / Sq Ft
09/26/2022 09/26/22 For Sale $570,000 0.0% $831 / Sq Ft
09/25/2022 09/25/22 Off Market $570,000 -- --
09/15/2022 09/15/22 For Sale $570,000 +35.7% $831 / Sq Ft
12/29/2020 12/29/20 Sold $420,000 -2.1% $612 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $429,000 +15.9% $625 / Sq Ft
09/06/2019 09/06/19 Sold $370,000 -5.1% $539 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $390,000 -4.9% $569 / Sq Ft
05/15/2019 05/15/19 Price Changed $410,000 -4.7% $598 / Sq Ft
03/06/2019 03/06/19 For Sale $430,000 0.0% $627 / Sq Ft
10/27/2017 10/27/17 Rented $2,500 -7.4% --
10/12/2017 10/12/17 Price Changed $2,700 +8.0% $4 / Sq Ft
08/10/2017 08/10/17 Price Changed $2,500 -2.0% $4 / Sq Ft
07/25/2017 07/25/17 Price Changed $2,550 -1.9% $4 / Sq Ft
07/08/2017 07/08/17 Price Changed $2,600 +4.0% $4 / Sq Ft
06/30/2017 06/30/17 Price Changed $2,500 +4.2% $4 / Sq Ft
06/30/2017 06/30/17 Price Changed $2,400 +4.3% $3 / Sq Ft
06/27/2017 06/27/17 For Rent $2,300 0.0% --
05/30/2017 05/30/17 Sold $435,000 -5.4% $634 / Sq Ft
04/13/2017 04/13/17 For Sale $459,900 +15.0% $670 / Sq Ft
04/10/2014 04/10/14 Sold $400,000 -7.0% $583 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/07/2014 03/07/14 Price Changed $429,900 -2.1% $627 / Sq Ft
02/21/2014 02/21/14 For Sale $439,000 -- $640 / 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 $8,733 $507,952 -- --
2024 $7,933 $461,775 -- --
2023 $7,933 $419,796 $0 $0
2022 $6,387 $339,916 $0 $0
2021 $6,629 $343,350 $0 $0
2020 $6,331 $327,000 $0 $0
2019 $6,337 $327,000 $0 $0
2018 $6,142 $326,654 $0 $0
2017 $5,487 $328,934 $0 $0
2016 $5,470 $322,169 $0 $0
2015 $5,538 $319,930 $0 $0
2014 $5,652 $278,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11376576

MIAMI REALTORS® MLS

APN: 02-4203-274-0570