NOT LISTED FOR SALE

1255 Pennsylvania Ave Unit 302 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $315,000 - $367,000

2 Beds
1 Bath
710 Sq Ft
$501/mo HOA Fee

Last Sold September 28, 2018

Last sale price $254,000 $358 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,732/month

93 Days on Market

Highlights

  • Marble Flooring
  • Furnished
  • Laundry in Utility Room
  • Garden View
  • Card or Code Access
  • 4-minute walk to Flamingo Park

About This Home

As of September 2018

Highly admired and seldom available; The historic Roosevelt. Centrally located to ocean, Lincoln Rd, Sunset Harbor shopping and restaurants of Espanola Way. Natural lighting floods this adorable top floor, corner unit, in this well-maintained, well-managed, 1925 building. Unit can be purchased unfurnished or with furnishings as presented. No unpaid assessments. Leasing allowed. Bike storage in building, on first come basis. Elevator. Central H/ C. In-unit laundry. Pet friendly. Relaxed beach living, with comfortable 2 bedroom floor plan.

Last Agent to Sell the Property

Michele Colson

Gary Hennes Realtors License #0688677 Listed on: 06/12/2018

Last Buyer's Agent

Marcus Mills

Skymarc Properties LLC License #3400412

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 1925

HOA Fees

  • $501 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 710 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • West Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-186-0090

Community Details

Overview

  • 39 Units
  • Low-Rise Condominium
  • The Roosevelt Condominium Condos

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,873

Year Built

Built in 1925

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Directions: Alton Road to 15th St. East on 15th St to Pennsylvania Av. corner of 13th and PennsylvaniaAv. OR Washington Av to 15th St., West to Pennsylvania Av; Corner of 13th and Pennsylvania Av.
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Furnished, Furniture Negotiable
  • Living Area: 710
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Roosevelt Condominium
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Smoke Detector, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 501
  • Amenities: Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-186-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 501
  • Number Of Units In Community: 39

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 21, 2018
Sold by
Rr Little Paradise Llc
Bought by
Sato Koji
Seller's Agent
Michele Colson
Gary Hennes Realtors
Buyer's Agent
Marcus Mills
Skymarc Properties LLC
List Price
$269,000
Sold Price
$254,000
Premium/Discount to List
-$15,000
-5.58%
Current Estimated Value
$339,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,161
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Feb 12, 2014
Sold by
Serkin Stuart D
Bought by
Rr Little Parradise Llc

Purchase Details

Closed on
Aug 31, 1994
Sold by
Trammell Jeffrey B
Bought by
Serkin Stuart D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.56%

Purchase Details

Closed on
Apr 18, 1994
Sold by
1255 Penn Corp
Bought by
Trammell Jeffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.24%
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
Sato Koji $254,000 Florida Title & Escrow Profe
Rr Little Parradise Llc $298,000 South Fl Title Group Inc
Serkin Stuart D $116,600 --
Trammell Jeffrey B $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serkin Stuart D $60,000
Previous Owner Trammell Jeffrey B $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $254,000 -5.6% $358 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $269,000 +5.9% $379 / Sq Ft
07/07/2018 07/07/18 Off Market $254,000 -- --
06/11/2018 06/11/18 For Sale $269,000 -- $379 / 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 $4,768 $263,739 -- --
2024 $4,229 $240,763 -- --
2023 $4,229 $218,876 $0 $0
2022 $3,739 $198,979 $0 $0
2021 $3,557 $184,240 $0 $0
2020 $3,794 $196,000 $0 $0
2019 $3,973 $205,020 $0 $0
2018 $3,660 $194,660 $0 $0
2017 $3,822 $200,680 $0 $0
2016 $4,873 $250,850 $0 $0
2015 $4,970 $250,850 $0 $0
2014 $4,498 $202,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10484816

MIAMI REALTORS® MLS

APN: 02-4203-186-0090