$162,000 - $230,000
RENTED MAY 17, 2025
-- Bed
1 Bath
435 Sq Ft
1965 Built

Last Sold October 19, 2022

Last sale price $185,000 $425 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,279/month

About This Home

As of May 2025

Location, Location, Location! Prime South Beach lives just steps from Lincoln Road, Ocean Drive, and the vibrant dining scene of Española Way. This bright and airy corner one-studio condo features floor-to-ceiling windows, flooding the space with natural light. Enjoy a flexible layout with a dedicated home office area and a spacious private balcony—perfect for relaxing or entertaining. Fully renovated with a sleek, modern design, this home is move-in ready. Includes enclosed parking for both a car and a motorcycle (unassigned). Pet-friendly building!

Last Agent to Rent the Property

Cherry Narvaez

EXP Realty LLC License #3472648 Listed on: 04/10/2025

EXP Realty LLC

Last Renter's Agent

Viktoriia Lingenfelser

Keller Williams Capital Realty License #3565544

Keller Williams Capital Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1965

Parking

  • 1 Car Garage

Interior Spaces

  • 1 Full Bathroom
  • 435 Sq Ft Home
  • 1-Story Property

Schools

  • Barton Elementary School
  • Bair Middle School
  • College Academy High School

Listing and Financial Details

  • Property Available on 4/10/25
  • Assessor Parcel Number 02-42-04-008-0430

Community Details

Overview

  • No Home Owners Association
  • Terrace East Condo
  • Terrace East Condo Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,854

Year Built

Built in 1965

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2025-04-10

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: TERRACE EAST CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Furnished: Unfurnished
  • Living Area: 435
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: TERRACE EAST CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Barton
  • High School: College Academy
  • Middle Or Junior School: Bair

Lot Info

  • Parcel Number: 02-42-04-008-0430
  • Land Lease Amount Frequency: Annually
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 19, 2022
Sold by
Global Airport Services Corp
Bought by
Global Airport Services Corp
Seller's Agent
Eduardo Porras
Florida Realty of Miami Corp
Buyer's Agent
Cherry Narvaez
EXP Realty LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Views
16
Current Estimated Value
$190,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,021
Avg. Annual Appreciation
0.95%

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 18, 2022
Sold by
Porras Eduardo H
Bought by
Global Airport Services Corp
Seller's Agent
Eduardo Porras
Florida Realty of Miami Corp
Buyer's Agent
Cherry Narvaez
EXP Realty LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Views
16

Purchase Details

Closed on
Jun 23, 2005
Sold by
Morales Sergia S
Bought by
Morales Sergia S and Porras Eduardo H
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
Global Airport Services Corp $185,000 --
Global Airport Services Corp $185,000 None Listed On Document
Global Airport Services Corp -- --
Global Airport Services Corp -- None Listed On Document
Morales Sergia S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 Rented $1,600 0.0% --
04/10/2025 04/10/25 For Rent $1,600 -11.1% --
02/09/2023 02/09/23 Rented $1,800 -2.7% --
12/14/2022 12/14/22 For Rent $1,850 0.0% --
10/19/2022 10/19/22 Sold $185,000 -7.0% $425 / Sq Ft
09/15/2022 09/15/22 For Sale $199,000 0.0% $457 / Sq Ft
05/04/2021 05/04/21 Rented $1,100 -8.3% --
01/08/2020 01/08/20 For Rent $1,200 -- --
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 $2,854 $109,361 -- --
2024 $2,870 $151,890 -- --
2023 $2,870 $151,890 $0 $0
2022 $83 $36,276 $0 $0
2021 $80 $35,220 $0 $0
2020 $77 $34,734 $0 $0
2019 $71 $33,954 $0 $0
2018 $62 $33,321 $0 $0
2017 $60 $32,636 $0 $0
2016 $57 $31,965 $0 $0
2015 $57 $31,743 $0 $0
2014 $58 $31,492 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11781791

MIAMI REALTORS® MLS

APN: 02-4204-008-0430