$368,000 - $455,000
RENTED OCT 28, 2024

1255 Pennsylvania Ave Unit 111 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
1.5 Baths
880 Sq Ft
$449 Price per Sq Ft

Last Sold April 02, 2019

Last sale price $240,000 $273 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,612/month

About This Home

As of October 2024

Location, Location! Fully remodeled 2 bedrooms 1 and a half bathrooms in the hearth of South Beach. This cozy loft offers modern kitchen with stainless steel appliances, hard wood floors and washer and dryer in the unit. Just 5 minutes walking from the beach and close to all the best locations South Beach can offer, Run! It won't last!

Last Agent to Rent the Property

Anthony Marc Astolfi

La Rosa Realty Kendall, LLC. License #3425451 Listed on: 09/10/2024

La Rosa Realty Kendall, LLC.

Last Renter's Agent

Tara Panaccione

One Sotheby's International Re License #3299544

One Sotheby's International Re

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,739

Year Built

  • Built in 1925

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Listing and Financial Details

  • Property Available on 10/25/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-42-03-186-0330

Community Details

Overview

  • No Home Owners Association
  • The Roosevelt Condo
  • The Roosevelt Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,739

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-10-25
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1925
  • Property Sub Type: Apartment
  • Directions: Follow GPS directions
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Apartments-Annual, Apartment
  • Subdivision Name: THE ROOSEVELT CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 880
  • Stories: 2

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE ROOSEVELT CONDO

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-03-186-0330
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Mar 25, 2019
Sold by
Barre Farah and Hernandez Meldy
Bought by
1255Pslc Llc
Seller's Agent
Valeriya Forbes
MMLS Assoc.-Inactive Member
Buyer's Agent
Marcus Mills
Skymarc Properties LLC
List Price
$309,000
Sold Price
$240,000
Premium/Discount to List
-$69,000
-22.33%
Current Estimated Value
$394,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,710
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Moreno Jairo E and Moreno Clare L
Bought by
Barre Farah and Hernandez Meldy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Paez Luis F
Bought by
Moreno Jairo E and Moreno Clare L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
4.12%

Purchase Details

Closed on
Aug 26, 1994
Sold by
1255 Penn Corp
Bought by
Paez Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
8.56%
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
1255Pslc Llc $240,000 Florida T&E Professionals In
Barre Farah $210,000 Attorney
Moreno Jairo E $175,000 Select Title Service Inc
Paez Luis F $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barre Farah $166,400
Previous Owner Moreno Jairo $150,000
Previous Owner Moreno Jairo E $137,600
Previous Owner Paez Luis F $73,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Rented $2,600 -1.9% --
09/10/2024 09/10/24 For Rent $2,650 -14.5% --
10/21/2022 10/21/22 Rented $3,100 +3.3% --
10/06/2022 10/06/22 Under Contract -- -- --
09/28/2022 09/28/22 Price Changed $3,000 -3.2% $3 / Sq Ft
09/26/2022 09/26/22 Price Changed $3,100 -6.1% $4 / Sq Ft
09/19/2022 09/19/22 For Rent $3,300 0.0% --
08/31/2022 08/31/22 Under Contract -- -- --
08/23/2022 08/23/22 Off Market $3,300 -- --
08/22/2022 08/22/22 Price Changed $3,300 +6.5% $4 / Sq Ft
08/21/2022 08/21/22 Price Changed $3,100 -6.1% $4 / Sq Ft
08/19/2022 08/19/22 For Rent $3,300 +65.0% --
08/01/2019 08/01/19 Rented $2,000 0.0% --
06/25/2019 06/25/19 Under Contract -- -- --
06/20/2019 06/20/19 For Rent $2,000 0.0% --
04/02/2019 04/02/19 Sold $240,000 -3.6% $273 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
11/19/2018 11/19/18 Price Changed $249,000 -3.9% $283 / Sq Ft
10/26/2018 10/26/18 Price Changed $259,000 -3.7% $294 / Sq Ft
10/10/2018 10/10/18 Price Changed $269,000 -6.9% $306 / Sq Ft
09/27/2018 09/27/18 Price Changed $289,000 -6.5% $328 / Sq Ft
09/13/2018 09/13/18 For Sale $309,000 0.0% $351 / Sq Ft
09/23/2016 09/23/16 Rented $1,850 -2.6% --
09/19/2016 09/19/16 Under Contract -- -- --
09/02/2016 09/02/16 For Rent $1,900 0.0% --
08/09/2016 08/09/16 Off Market $1,900 -- --
08/07/2016 08/07/16 For Rent $1,900 0.0% --
08/07/2016 08/07/16 Off Market $1,900 -- --
08/04/2016 08/04/16 For Rent $1,900 0.0% --
08/04/2016 08/04/16 Off Market $1,900 -- --
08/02/2016 08/02/16 For Rent $1,900 -- --
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 $5,739 $303,173 -- --
2024 $5,234 $297,950 -- --
2023 $5,234 $270,864 $0 $0
2022 $4,627 $246,240 $0 $0
2021 $4,402 $228,000 $0 $0
2020 $4,414 $228,000 $0 $0
2019 $4,269 $220,320 $0 $0
2018 $3,946 $209,869 $0 $0
2017 $4,120 $216,360 $0 $0
2016 $2,881 $188,916 $0 $0
2015 $2,917 $187,603 $0 $0
2014 $2,965 $186,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11656422

MIAMI REALTORS® MLS

APN: 02-4203-186-0330