NOT LISTED FOR SALE

Terrace East Condo 1400 Pennsylvania Ave Unit 40 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $173,649 - $268,000

1 Bed
1 Bath
435 Sq Ft
$214/mo HOA Fee

Last Sold November 17, 2020

Last sale price $152,000 $349 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,741/month

90 Days on Market

Highlights

  • Intercom to Front Desk
  • Waterfront
  • Community Center
  • Newly Remodeled
  • Furnished
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2020

#Fully Furnished #COVERED Parking #Security #Flat 3D TV #BRAND New Fridge #Microwave #Oven #Queen Bed # 2NEW A/C #Queen Bed #Sofa #Coffe Table #2Side Tables #Lighting Recently updated 1 br /1 bath in the heart of Miami Beach. Newly painted with brand new appliances! Large unit with beautiful Atrium views with two a/c units. Minutes away from the beach, Lincoln Rd, Espanola way, Lummus park and all that South Beach hast to offer. Walking distance from gyms, swimming pool, school, restaurants, yoga studio, cafes, and much more. Building secure (has two security cameras on entrance and gated) with refurbished elevator. Party room, laundry facility, covered parking, scooter and bike storage all included. Low maintenance makes great investment opportunity!

Last Agent to Sell the Property

Natalie Abadi

Keller Williams Elite Properties License #3405660 Listed on: 08/25/2020

Keller Williams Elite Properties

Co-Listed By

Marco Lustgarten

One Sotheby's International Realty License #3386990

Last Buyer's Agent

Fadel Brieva

More Realty LLC License #0644334

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1965 | Newly Remodeled

HOA Fees

  • $214 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 435 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Accessible Elevator Installed
  • Waterfront
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-008-0390

Community Details

Overview

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

Amenities

  • Community Center
  • Party Room
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Pet Policy

  • Breed Restrictions

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,305

Year Built

Built in 1965 | Newly Remodeled

Lot Details

0

HOA Fees

$214 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Mls Id: OCRI01
  • Co List Office Phone: 305-807-5223
  • Directions: Google Maps or Waze.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: TERRACE EAST CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 435
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 4
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TERRACE EAST
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 214
  • Amenities: Laundry, Community Room, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-04-008-0390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 214

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 2, 2020
Sold by
Retrouve Richard
Bought by
Wilkerson David and Wilkerson Lady Elizabeth
Seller's Agent
Natalie Abadi
Keller Williams Elite Properties
Buyer's Agent
Fadel Brieva
More Realty LLC
List Price
$160,000
Sold Price
$152,000
Premium/Discount to List
-$8,000
-5%
Current Estimated Value
$235,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,608
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Feb 26, 2014
Closed on
Oct 2, 2014
Sold by
Dimouont Paul
Bought by
Retrouve Richard
Seller's Agent
Ofelia Colunga
MMLS Assoc.-Inactive Member
Buyer's Agent
Ofelia Colunga
MMLS Assoc.-Inactive Member
List Price
$165,000
Sold Price
$132,975
Premium/Discount to List
-$32,025
-19.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Jul 14, 2014
Sold by
Dimuont Paul and Ortega Bertha
Bought by
Dimuont Paul

Purchase Details

Closed on
Sep 13, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dimount Paul and Ortega Bertha

Purchase Details

Closed on
Dec 18, 2009
Sold by
Serial Biondi Patricia L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 21, 2005
Sold by
Fidenzio Luca
Bought by
Biondi Patricia L Serial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2004
Sold by
Carrie Phillipe J and Carrie Jane L
Bought by
Fidenzio Luca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2000
Sold by
Pagan Edwin
Bought by
Carrie Phillipe J and Carrie Jane L

Purchase Details

Closed on
Aug 18, 1995
Sold by
Tashvit Inv Inc
Bought by
Pagan Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
7.54%

Purchase Details

Closed on
Jun 1, 1995
Sold by
Invinc Chateaux
Bought by
Tashvit Inv Inc

Purchase Details

Closed on
Jun 7, 1993
Sold by
Siama Shlomo
Bought by
Chateaux Invest Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilkerson David $152,000 Attorney
Retrouve Richard $133,000 Attorney
Dimuont Paul -- Attorney
Dimuont Paul -- None Available
Dimount Paul $66,000 Attorney
Federal Home Loan Mortgage Corp -- None Available
Biondi Patricia L Serial $179,000 --
Fidenzio Luca $99,000 --
Carrie Phillipe J $50,000 --
Pagan Edwin $33,000 --
Tashvit Inv Inc -- --
Chateaux Invest Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Biondi Patricia L Serial $143,200
Previous Owner Fidenzio Luca $99,000
Previous Owner Pagan Edwin $26,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $152,000 -5.0% $349 / Sq Ft
08/19/2020 08/19/20 For Sale $160,000 0.0% $368 / Sq Ft
12/01/2019 12/01/19 Rented $1,300 0.0% --
11/15/2019 11/15/19 For Rent $1,300 +4.0% --
11/04/2017 11/04/17 Rented $1,250 0.0% --
10/19/2017 10/19/17 Under Contract -- -- --
10/11/2017 10/11/17 Price Changed $1,250 -10.1% $3 / Sq Ft
06/22/2017 06/22/17 For Rent $1,390 +6.9% --
06/13/2016 06/13/16 Rented $1,300 -3.7% --
05/05/2016 05/05/16 Under Contract -- -- --
05/01/2016 05/01/16 For Rent $1,350 0.0% --
04/16/2016 04/16/16 Under Contract -- -- --
03/31/2016 03/31/16 For Rent $1,350 +8.0% --
02/01/2015 02/01/15 Rented $1,250 +4.2% --
01/02/2015 01/02/15 Under Contract -- -- --
10/15/2014 10/15/14 For Rent $1,200 0.0% --
10/07/2014 10/07/14 Sold $132,975 0.0% $306 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
07/09/2014 07/09/14 Price Changed $132,975 -19.4% $306 / Sq Ft
02/25/2014 02/25/14 For Sale $165,000 -- $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 $2,839 $109,361 -- --
2024 $2,688 $150,645 -- --
2023 $2,688 $136,950 $0 $0
2022 $2,339 $124,500 $0 $0
2021 $2,404 $124,500 $0 $0
2020 $2,321 $119,878 $0 $0
2019 $2,305 $118,943 $0 $0
2018 $2,237 $118,943 $0 $0
2017 $2,265 $118,943 $0 $0
2016 $2,310 $118,943 $0 $0
2015 $2,142 $108,130 $0 $0
2014 $769 $78,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Natalie Abadi

    Keller Williams Elite Properties

    (305) 741-0002

    2 in this area

    19 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Marco Lustgarten

    One Sotheby's International Realty

    (305) 807-5223

    1 in this area

    14 Total Sales

    Section Image

  • F

    Buyer's Agent in 2020

    Fadel Brieva

    More Realty LLC

  • Mauro Silva

    Buyer's Agent in 2019

    Mauro Silva

    Howard Chase Real Estate, LLC

    (786) 326-7378

    6 Total Sales

    Section Image

  • M

    Seller's Agent in 2017

    Marie Delbeke

    Yaffe International Realty

    Section Image

  • D

    Buyer's Agent in 2017

    Daman Brody

    Realty Hub

    2 Total Sales

    Section Image
See All Agents

About Terrace East Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10916872

MIAMI REALTORS® MLS

APN: 02-4204-008-0390

Florida Miami/Dade County Miami Beach 33139 Flamingo

1400 Pennsylvania Ave Unit 40, Miami Beach, FL

This home is located at 1400 Pennsylvania Ave Unit 40, Miami Beach, FL 33139 since 25 August 2020 and is currently estimated at $218,162, approximately $501 per square foot. This property was built in 1965. 1400 Pennsylvania Ave Unit 40 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.

Nearby Homes