$265,000
SOLD MAY 30, 2024

1231 Pennsylvania Ave Unit 1 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
709 Sq Ft
$498/mo HOA Fee

Recently Sold

$374 Per Sq Ft

5% Below List Price

168 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Water Purifier
  • 5-minute walk to Flamingo Park
  • Tile Flooring
  • Heating System Mounted To A Wall or Window

About This Home

As of May 2024

Beautiful south beach apartment with modern design. This amazing apartment is located int he heart of south beach only a few blocks away from the luxurious beaches of South beach, and walking distance to the world famous ocean drive where there is tons of nightlife and amazing restaurants near by! The apartment comes with all the essentials including it's own parking space which is very rare to find in south beach. Unit comes with Washer/dryer, Ac box unit and very nice street balcony to relax at. Everything in the unit feels fresh and new with all white paint. Come fulfill your south beach lifestyle with this breathtaking unit! APPLICATION FEE :100$ MARRIED COUPLES :150$

Last Agent to Sell the Property

Angel Portas

MMLS Assoc.-Inactive Member License #3510582

MMLS Assoc.-Inactive Member

Last Buyer's Agent

David Freed

Keller Williams Realty Miami Beach License #3482525

Keller Williams Realty Miami Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1965

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 709 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-024-0010

Community Details

Overview

  • 1231 Penn Inc Condo
  • 1231 Penn Inc Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,957

Year Built

Built in 1965

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Directions: the left turn before the police station on 12th ave
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1231 PENN INC CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Water Purifier, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 709
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: None, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1231 PENN INC CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Fire Alarm, No Security

Condo/Co-op/Association

  • Association Fee: 498
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-024-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
May 30, 2024
Sold by
Ap Enterprises Of Miami Beach Llc
Bought by
Bressi Michael J
Seller's Agent
Angel Portas
MMLS Assoc.-Inactive Member
Buyer's Agent
David Freed
Keller Williams Realty Miami Beach
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Total Days on Market
168
Views
142
Current Estimated Value
$275,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,573
Avg. Annual Appreciation
4.03%
Original Mortgage
$212,000
Outstanding Balance
$210,274
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$65,299

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 19, 2019
Sold by
Jab Family Llc
Bought by
Ap Enterprises Of Miami Beach Llc
Seller's Agent
Joann Anton
Lang Realty/ BR
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jun 3, 2014
Sold by
Martinez Teresa M
Bought by
Jab Family Llc
Seller's Agent
Robin Katz
Gary Hennes Realtors
Buyer's Agent
Daniel Schneider
One Sotheby's International Realty
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.20%

Purchase Details

Closed on
Aug 26, 1995
Sold by
Delavega Carlos De
Bought by
Martinez Teresa M

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $265,000 Universal Title
Warranty Deed $170,000 Attorney
Warranty Deed $199,000 Attorney
Quit Claim Deed $6,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,000 New Conventional
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $265,000 -5.0% $374 / Sq Ft
04/16/2024 04/16/24 For Sale $279,000 +5.3% $394 / Sq Ft
04/09/2024 04/09/24 Off Market $265,000 -- --
12/13/2023 12/13/23 For Sale $279,000 +64.1% $394 / Sq Ft
04/12/2019 04/12/19 Sold $170,000 -8.1% $240 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $185,000 0.0% $261 / Sq Ft
02/01/2018 02/01/18 Rented $1,400 0.0% --
01/02/2018 01/02/18 Under Contract -- -- --
12/28/2017 12/28/17 For Rent $1,400 0.0% --
06/06/2014 06/06/14 Sold $199,000 +2.1% $281 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/27/2013 08/27/13 Price Changed $195,000 -4.9% $275 / Sq Ft
08/13/2013 08/13/13 For Sale $205,000 -- $289 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $3,957 $208,785 -- --
2023 $3,957 $189,805 $0 $0
2022 $3,242 $172,550 $0 $0
2021 $3,282 $170,000 $0 $0
2020 $3,291 $170,000 $0 $0
2019 $2,651 $136,800 $0 $0
2018 $2,707 $143,948 $0 $0
2017 $3,560 $186,945 $0 $0
2016 $3,526 $181,500 $0 $0
2015 $3,269 $165,000 $0 $0
2014 $2,846 $124,012 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11492901

MIAMI REALTORS® MLS

APN: 02-4203-024-0010