NOT LISTED FOR SALE

Terrace East Condo 1400 Pennsylvania Ave Unit 4 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $112,000 - $243,000

-- Bed
1 Bath
435 Sq Ft
$445/mo HOA Fee

Last Sold July 23, 2024

Last sale price $113,000 $260 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,474/month

104 Days on Market

Highlights

  • Community Center
  • 1 Car Attached Garage
  • Concrete Block With Brick
  • Bike Room
  • Impact Glass
  • Cooling Available

About This Home

As of July 2024

Converted jr. 1br, rent it for up to $2000, seller financing available. Location, location, location desirable by any occupant! Investors take note - rent or live in this South Beach gem boasting a renovated kitchen and bathroom and coveted covered parking with low HOA $445. Walk 3 blocks north and reach Lincoln Road, walk 3 blocks east and step onto Ocean Drive and the beach! Closet space, comfort, and cozy charm abound. Impact sliding glass doors in the bedroom opening to a shared balcony overlooking the green courtyard separate this condo from the pack. Property is gated and safe featuring an oversized bicycle room, new app-based laundry machines, and separate covered garage space for a scooter or motorcycle in addition to your car. Pets approved, rentals allowed, and seller motivated.

Last Agent to Sell the Property

Therese Drakeley-Smith

BHHS EWM Realty Brokerage Email: drakeleysmith.t@ewm.com License #0671321 Listed on: 04/09/2024

BHHS EWM Realty

Last Buyer's Agent

Olga Perez

BHHS EWM Realty License #3563426

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1965

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1 Full Bathroom
  • 435 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Home Security

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Courtyard
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-008-0040

Community Details

Overview

  • Low-Rise Condominium
  • Terrace East Condo
  • Terrace East Condo Subdivision

Amenities

  • Community Center
  • Party Room
  • Laundry Facilities
  • Bike Room
  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Complex Is Fenced
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,618

Year Built

Built in 1965

Lot Details

0

HOA Fees

$445 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Directions: Please enter the property address into your GPS and follow the directions to the property.
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: TERRACE EAST CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: drakeleysmith.t@ewm.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 435
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Exterior Cat Walk, Courtyard
  • Construction Type: Concrete Block With Brick
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TERRACE EAST CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Ceiling Fan(s), Other
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 445
  • Amenities: Bike Storage, Laundry, Community Room, Elevator(s)
  • 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: 02-42-04-008-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 23, 2024
Sold by
Durham George
Bought by
Fc 1400-4 Pennsylvania Llc
Seller's Agent
Therese Drakeley-Smith
BHHS EWM Realty
Buyer's Agent
Olga Perez
BHHS EWM Realty
List Price
$225,000
Sold Price
$113,000
Premium/Discount to List
-$112,000
-49.78%
Views
113
Current Estimated Value
$162,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,350
Avg. Annual Appreciation
40.76%

Purchase Details

Closed on
Aug 2, 2019
Sold by
Durham George
Bought by
Durham George

Purchase Details

Closed on
Feb 27, 2018
Sold by
Durham George
Bought by
The George Durham Living Trust

Purchase Details

Listed on
Jan 29, 2015
Closed on
Jun 15, 2015
Sold by
Fannie Mae
Bought by
Durham George
Seller's Agent
Joshua Shemtov
Keller Williams Eagle Realty
Buyer's Agent
Joshua Shemtov
Keller Williams Eagle Realty
List Price
$133,000
Sold Price
$133,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Dec 18, 2014
Sold by
Orozco Gilma Calad
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2005
Sold by
Gimenez Lucila
Bought by
Gimenez Lucila
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
Fc 1400-4 Pennsylvania Llc $113,000 None Listed On Document
Durham George -- Attorney
The George Durham Living Trust -- None Available
Durham George $133,000 First Intl Title Inc
Federal National Mortgage Association $126,184 None Available
Gimenez Lucila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gimenez Lucila $208,500
Previous Owner Gimenez Lucila $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $113,000 -29.4% $260 / Sq Ft
06/20/2024 06/20/24 Price Changed $160,000 +6.7% $368 / Sq Ft
05/31/2024 05/31/24 Price Changed $150,000 -9.1% $345 / Sq Ft
05/17/2024 05/17/24 Price Changed $165,000 -4.9% $379 / Sq Ft
05/15/2024 05/15/24 Price Changed $173,500 -6.2% $399 / Sq Ft
05/01/2024 05/01/24 Price Changed $184,900 -15.8% $425 / Sq Ft
04/25/2024 04/25/24 Price Changed $219,500 -2.4% $505 / Sq Ft
04/09/2024 04/09/24 For Sale $225,000 +69.2% $517 / Sq Ft
06/15/2015 06/15/15 Sold $133,000 0.0% $306 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $133,000 -- $306 / 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 $1,679 $109,361 -- --
2024 $1,618 $130,575 -- --
2023 $1,618 $126,772 $0 $0
2022 $1,538 $123,080 $0 $0
2021 $1,517 $119,496 $0 $0
2020 $1,492 $117,847 $0 $0
2019 $2,323 $119,878 $0 $0
2018 $1,444 $117,847 $0 $0
2017 $1,421 $115,424 $0 $0
2016 $1,540 $119,878 $0 $0
2015 $2,159 $108,980 $0 $0
2014 -- $83,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Therese Drakeley-Smith

    BHHS EWM Realty

    (305) 951-5071

    1 in this area

    14 Total Sales

    Section Image

  • O

    Buyer's Agent in 2024

    Olga Perez

    BHHS EWM Realty

    (305) 342-6488

    2 in this area

    2 Total Sales

    Section Image
  • Leslie Jones

    Buyer Co-Listing Agent in 2024

    Leslie Jones

    BHHS EWM Realty

    (305) 794-9790

    2 in this area

    52 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Joshua Shemtov

    Keller Williams Eagle Realty

    (305) 695-1112

    2 Total Sales

    Section Image
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About Terrace East Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11566124

MIAMI REALTORS® MLS

APN: 02-4204-008-0040

Florida Miami/Dade County Miami Beach 33139 Flamingo

1400 Pennsylvania Ave Unit 4, Miami Beach, FL

This home is located at 1400 Pennsylvania Ave Unit 4, Miami Beach, FL 33139 since 09 April 2024 and is currently estimated at $162,350, approximately $373 per square foot. This property was built in 1965. 1400 Pennsylvania Ave Unit 4 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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