NOT LISTED FOR SALE

Estimated Value: $253,000 - $405,000

1 Bed
1 Bath
620 Sq Ft
$425/mo HOA Fee

Last Sold May 22, 2023

Last sale price $275,000 $444 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,388/month

73 Days on Market

Highlights

  • Skyline View
  • Courtyard
  • Central Air
  • Closet Cabinetry
  • Ceramic Tile Flooring
  • 5-minute walk to Flamingo Park

About This Home

As of May 2023

Perfect for investors—tenant in place until 31 Dec 23. Renovated, spacious 1 bed 1 bath END unit with lots of natural light and plenty of storage. In-unit laundry, open kitchen. Perfect location in the heart of South Beach. Walk everywhere—minutes to Whole Foods, Publix, Trader Joe’s, Lincoln Road and Flamingo Park. Small 12-unit building. Please text and give 24hr notice to show, agent must accompany.

Last Agent to Sell the Property

Raymond Janssen

Gary Hennes Realtors License #3048118 Listed on: 02/17/2023

Last Buyer's Agent

Wellington Cunha

Luxe Properties License #3460315

Luxe Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1957

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 620 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring
  • Skyline Views

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Courtyard

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-159-0120

Community Details

Overview

  • 12 Units
  • Bamboo House Condos
  • The Bamboo House Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,805

Year Built

Built in 1957

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE BAMBOO HOUSE CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 620
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Exterior Cat Walk, Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Bamboo House
  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 425
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-159-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 19, 2023
Sold by
Neiss Sherwood Edward
Bought by
Papini Luca and Carnot Mirta A
Seller's Agent
Raymond Janssen
Gary Hennes Realtors
Buyer's Agent
Wellington Cunha
Luxe Properties
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
195
Current Estimated Value
$303,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,808
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Feb 25, 2005
Sold by
Sunset Drive Inc
Bought by
Neiss Sherwood Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
5.25%
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
Papini Luca $275,000 Zillow Closing Services
Neiss Sherwood Edward $226,500 Royal Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neiss Sherwood Edward $181,200
Closed Neiss Sherwood Edward $22,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $275,000 -8.0% $444 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/10/2023 03/10/23 Price Changed $299,000 -8.0% $482 / Sq Ft
02/17/2023 02/17/23 For Sale $325,000 0.0% $524 / Sq Ft
07/25/2018 07/25/18 Rented $1,500 0.0% --
07/16/2018 07/16/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $1,500 0.0% --
05/29/2016 05/29/16 Rented $1,500 -3.2% --
05/13/2016 05/13/16 Under Contract -- -- --
05/03/2016 05/03/16 Price Changed $1,550 -3.1% $3 / Sq Ft
04/20/2016 04/20/16 Price Changed $1,600 -11.1% $3 / Sq Ft
03/17/2016 03/17/16 For Rent $1,800 +20.0% --
06/10/2014 06/10/14 Rented $1,500 -6.2% --
06/10/2014 06/10/14 For Rent $1,599 -- --
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 $4,143 $220,500 -- --
2024 $3,049 $220,500 -- --
2023 $3,049 $153,065 $0 $0
2022 $2,805 $139,150 $0 $0
2021 $2,442 $126,500 $0 $0
2020 $2,722 $140,600 $0 $0
2019 $2,868 $148,000 $0 $0
2018 $3,092 $164,445 $0 $0
2017 $3,132 $164,445 $0 $0
2016 $3,071 $158,120 $0 $0
2015 $3,133 $158,120 $0 $0
2014 $920 $85,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11344734

MIAMI REALTORS® MLS

APN: 02-3234-159-0120