$147,000
SOLD APR 9, 2021 RENTED JUL 13, 2025

1351 Meridian Ave Unit 3 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
400 Sq Ft
1946 Built

Recently Sold

$368 Per Sq Ft

5% Below List Price

230 Days on Market

Highlights

  • Views
  • Terrazzo Flooring
  • Laundry Facilities
  • Patio
  • Central Heating and Cooling System
  • 2-minute walk to Flamingo Park

About This Home

As of December 2024

Investment Opportunity! Rented for 1 year at $1,250 (leased until June 2021). Renovated, Cozy, tastefully furnished, Spacious Studio unit at the 2 story, Gatsby Art Deco condo across from Flamingo Park. One of South Beach's most desirable neighborhoods with access to community center swimming pool, gym, tennis courts, track and football field, baseball, basketball and more. Walking distance to the beach, Whole Foods, New World Symphony, Miami Beach Convention Center and just a few blocks away from Lincoln Road. Make this spacious unit your home at the center of everything. There is an eat-in kitchen, with dishwasher, stove/oven and microwave, refrigerator, closet, cabinets, all brand new. 2 Closets and a desk.

Last Agent to Sell the Property

Verlaine Adami

First Pro International Rlty License #3297727 Listed on: 06/22/2020

First Pro International Rlty

Last Buyer's Agent

Andres Blanco

MMLS Assoc.-Inactive Member License #3478093

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1946

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 400 Sq Ft Home
  • 2-Story Property
  • Property Views

Flooring

  • Terrazzo
  • Vinyl

Home Security

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Patio
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-195-0030

Community Details

Overview

  • Property has a Home Owners Association
  • The Gatsby Condo
  • The Gatsby Condo Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Additional Features

  • Laundry Facilities
  • Maintenance Expense $360

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,860

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE GATSBY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Terrazzo, Vinyl
  • Furnished: Unfurnished
  • Living Area: 400
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level, Master Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Gatsby Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-195-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 360

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Dec 23, 2024
Sold by
Garcia Osvaldo
Bought by
Nees Invest Llc
Seller's Agent
Jennifer Brough
Jennifer Homes Realty
Buyer's Agent
Brian Paran
Paran International Group
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Views
55
Current Estimated Value
$203,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,495
Avg. Annual Appreciation
13.82%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Apr 9, 2021
Sold by
Habitat Plus Miami Llc
Bought by
Garcia Osvaldo
Seller's Agent
Verlaine Adami
First Pro International Rlty
Buyer's Agent
Andres Blanco
MMLS Assoc.-Inactive Member
List Price
$155,000
Sold Price
$147,000
Premium/Discount to List
-$8,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$116,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 17, 2018
Sold by
Gianca Propertis Corp
Bought by
Habitat Plus Miami Llc
Seller's Agent
Paula Flores
Keller Williams Realty Miami Beach
Buyer's Agent
Verlaine Adami
First Pro International Rlty
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Alma Property Inc
Bought by
Gianca Properties Llc

Purchase Details

Closed on
May 26, 2005
Sold by
Roche Eric
Bought by
Alma Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.38%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 29, 1996
Sold by
Richard and Fly Gail
Bought by
Galante Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,500
Interest Rate
8.28%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $190,000 None Listed On Document
Warranty Deed $145,000 Attorney
Warranty Deed $110,000 Miami Title Group Inc
Warranty Deed $120,000 None Available
Warranty Deed $170,000 Miami Legal Title & Mediatio
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,000 New Conventional
Previous Owner $127,500 Negative Amortization
Previous Owner $531,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Under Contract -- -- --
06/09/2025 06/09/25 For Rent $1,690 0.0% --
12/23/2024 12/23/24 Sold $190,000 +10455.6% $475 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/01/2024 11/01/24 Rented $1,800 +0.1% --
09/26/2024 09/26/24 Under Contract -- -- --
08/04/2024 08/04/24 For Rent $1,799 0.0% --
07/04/2024 07/04/24 For Sale $210,000 0.0% $525 / Sq Ft
05/11/2024 05/11/24 Rented $1,700 -5.6% --
05/01/2024 05/01/24 Under Contract -- -- --
04/17/2024 04/17/24 Price Changed $1,800 -5.3% $5 / Sq Ft
02/06/2024 02/06/24 For Rent $1,900 +1.3% --
07/09/2023 07/09/23 Rented $1,875 0.0% --
06/28/2023 06/28/23 Under Contract -- -- --
06/20/2023 06/20/23 For Rent $1,875 0.0% --
04/09/2021 04/09/21 Sold $147,000 -1.3% $368 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
10/29/2020 10/29/20 Price Changed $149,000 0.0% $373 / Sq Ft
07/01/2020 07/01/20 Rented $1,250 0.0% --
06/18/2020 06/18/20 For Sale $155,000 0.0% $388 / Sq Ft
06/08/2020 06/08/20 Price Changed $1,250 -3.8% $3 / Sq Ft
05/14/2020 05/14/20 For Rent $1,300 0.0% --
12/28/2018 12/28/18 Sold $110,000 -15.4% $275 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/11/2018 11/11/18 Price Changed $130,000 -7.1% $325 / Sq Ft
09/04/2018 09/04/18 For Sale $140,000 0.0% $350 / Sq Ft
01/30/2018 01/30/18 Rented $1,000 0.0% --
01/16/2018 01/16/18 Under Contract -- -- --
01/12/2018 01/12/18 For Rent $1,000 0.0% --
01/09/2018 01/09/18 Under Contract -- -- --
12/27/2017 12/27/17 Price Changed $1,000 -9.1% $3 / Sq Ft
12/12/2017 12/12/17 Price Changed $1,100 -8.3% $3 / Sq Ft
11/28/2017 11/28/17 For Rent $1,200 0.0% --
11/22/2017 11/22/17 Under Contract -- -- --
11/21/2017 11/21/17 For Rent $1,200 +4.3% --
12/01/2015 12/01/15 Rented $1,150 0.0% --
11/01/2015 11/01/15 Under Contract -- -- --
10/07/2015 10/07/15 For Rent $1,150 -- --
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
2024 $2,675 $150,409 -- --
2023 $2,675 $136,736 $0 $0
2022 $2,336 $124,306 $0 $0
2021 $2,356 $116,160 $0 $0
2020 $2,284 $139,200 $0 $0
2019 $1,860 $96,000 $0 $0
2018 $2,416 $128,462 $0 $0
2017 $2,317 $117,757 $0 $0
2016 $2,079 $107,052 $0 $0
2015 $1,928 $97,320 $0 $0
2014 $1,977 $97,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10878168

MIAMI REALTORS® MLS

APN: 02-4203-195-0030