NOT LISTED FOR SALE

1100 Collins Ave Unit 307 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $327,377 - $379,000

-- Bed
1 Bath
420 Sq Ft
$415/mo HOA Fee

Last Sold August 15, 2023

Last sale price $338,000 $805 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,720/month

61 Days on Market

Highlights

  • Skyline View
  • Furnished
  • High Impact Windows
  • Wood Flooring
  • Elevator
  • 2-minute walk to Lummus Park

About This Home

As of August 2023

Legal Short Term Rentals ARE allowed, well priced condo with liberal rental policies (daily rentals)! Units rarely come to market in this building due to the income generating potential. Owners upgraded the windows to hurricane impact, and as you can see from the pictures keep it in great shape and are making stellar income. It's all about the location, location, location...at 11th and Collins you are literally in the heart of South Beach. Everything is right out of your door and a few blocks in any direction. One block East and your toes are in the Sands of South Beach, starring you or your guests! Lincoln Rd, a lovely 6 block stroll to the North, Flamingo Park a mere 4 blocks to the West, or the South of Fifth neighborhood 6 blocks to the South.

Last Agent to Sell the Property

Sean Greco

Miami Properties and Paradise License #3098921 Listed on: 06/14/2023

Last Buyer's Agent

Sean Greco

Miami Properties and Paradise License #3098921 Listed on: 06/14/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1950

HOA Fees

  • $415 Monthly HOA Fees

Interior Spaces

  • 420 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Entrance Foyer
  • Skyline Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Location

  • East of U.S. Route 1

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-211-0140

Community Details

Overview

  • Low-Rise Condominium
  • Del Rio Condo
  • Del Rio Condo,Del Rio Condo Subdivision, Del Rio Condo Floorplan

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby
  • Secure Lobby
  • Interior Hall

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,353

Year Built

Built in 1950

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Master Model: Del Rio Condo
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: DEL RIO CONDO,Del Rio Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Interior Hall, Lobby, Fire Sprinklers, Entrance Foyer
  • Full Bathrooms: 1
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Furnished
  • Living Area: 420
  • Possible Use: Investment
  • Stories: 3
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Studio

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: East Of Us1, None
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Del Rio Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Fire Alarm, Complex Fenced, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 415
  • Amenities: Elevator(s), None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-211-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 15, 2023
Sold by
Galeano Jorge and Galeano Karina
Bought by
South Beach Prime Properties Llc
Seller's Agent
Sean Greco
Miami Properties and Paradise
Buyer's Agent
Sean Greco
Miami Properties and Paradise
List Price
$338,000
Sold Price
$338,000
Views
41
Current Estimated Value
$345,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,344
Avg. Annual Appreciation
0.68%
Original Mortgage
$247,200
Outstanding Balance
$244,864
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$97,851

Purchase Details

Listed on
Jan 27, 2016
Closed on
Oct 31, 2016
Sold by
Drexel Avenue 6 Llc
Bought by
Galeano Jorge and Riesgo Karina
Seller's Agent
Antoine Biccherai
Sterling Equity Realty LLC
Buyer's Agent
Sean Greco
Miami Properties and Paradise
List Price
$255,000
Sold Price
$235,000
Premium/Discount to List
-$20,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$188,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2014
Closed on
Nov 25, 2014
Sold by
R Q Investment Group Llc
Bought by
Drexel Avenue 6 Llc
Seller's Agent
Bryan T. Halda, CRS, P.A.
Gray & Associates Prop. Inc.
Buyer's Agent
Bryan T. Halda, CRS, P.A.
Gray & Associates Prop. Inc.
List Price
$249,000
Sold Price
$233,500
Premium/Discount to List
-$15,500
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.33%

Purchase Details

Listed on
Dec 2, 2013
Closed on
Apr 15, 2014
Sold by
Merolla Michele E
Bought by
R Q Investment Group Llc
Seller's Agent
Brittany Orr-Balshi
RE/MAX First
List Price
$169,999
Sold Price
$165,000
Premium/Discount to List
-$4,999
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.69%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Merolla Michele E and Giovanelli Ednamarie
Bought by
Merolla Michele E

Purchase Details

Closed on
Dec 11, 2003
Sold by
Baker Lizbeth
Bought by
Merolla Michale and Merolla Edna

Purchase Details

Closed on
Aug 15, 2003
Sold by
Staples Shane A
Bought by
Baker Lizbeth

Purchase Details

Closed on
Jun 5, 1997
Sold by
Ocean Villas Limited Partners
Bought by
Staples Shane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.13%
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
South Beach Prime Properties Llc $338,000 None Listed On Document
Galeano Jorge $235,000 Clear Title Services Inc
Drexel Avenue 6 Llc $233,500 Attorney
R Q Investment Group Llc $165,000 Attorney
Merolla Michele E -- Attorney
Merolla Michale $122,000 --
Baker Lizbeth $118,500 Leader Title Inc
Staples Shane A $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Beach Prime Properties Llc $247,200
Previous Owner Galeano Jorge $188,000
Previous Owner Staples Shane A $76,900
Previous Owner Staples Shane A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $338,000 0.0% $805 / Sq Ft
06/14/2023 06/14/23 For Sale $338,000 +43.8% $805 / Sq Ft
11/01/2016 11/01/16 Sold $235,000 -5.6% $560 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/18/2016 08/18/16 Price Changed $249,000 -2.4% $593 / Sq Ft
07/25/2016 07/25/16 For Sale $255,000 0.0% $607 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $255,000 +9.2% $607 / Sq Ft
11/25/2014 11/25/14 Sold $233,500 -6.2% $556 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $249,000 +50.9% $593 / Sq Ft
04/15/2014 04/15/14 Sold $165,000 -2.9% $393 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $169,999 -- $405 / 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 $5,128 $272,913 -- --
2024 $3,769 $272,913 -- --
2023 $3,769 $196,276 $0 $0
2022 $3,353 $178,433 $0 $0
2021 $3,281 $169,936 $0 $0
2020 $3,290 $169,936 $0 $0
2019 $3,466 $178,880 $0 $0
2018 $3,165 $168,332 $0 $0
2017 $3,206 $168,332 $0 $0
2016 $3,460 $178,130 $0 $0
2015 $3,529 $178,130 $0 $0
2014 $1,941 $71,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11403806

MIAMI REALTORS® MLS

APN: 02-4203-211-0140