$158,000 - $204,000
RENTED OCT 11, 2024

Terrace East Condo 1400 Pennsylvania Ave Unit 5 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
435 Sq Ft
1965 Built

Last Sold September 10, 2024

Last sale price $155,000 $356 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,200/month

Highlights

  • Intercom to Front Desk
  • No HOA
  • Tile Flooring
  • Furnished
  • Cooling System Mounted To A Wall/Window
  • 1 Car Garage

About This Home

As of October 2024

Fully furnished studio apartment available in an iconic "South Beach" location. Complex is fully gated and unit comes included with one, covered parking space, which is a rarity in this part of Miami Beach. Unit is offered fully furnished and ready for immediate occupancy. Experience the heart of South Beach in this lovely residential corridor which is only steps away from amazing restaurants, shops, and the alluring beach sand.

Last Agent to Rent the Property

Brett Firestone

Florida Capital Realty License #3227936 Listed on: 09/12/2024

Florida Capital Realty

Last Renter's Agent

Robert Schultze

Lewis City Realty Inc License #3413028

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1965

Parking

  • 1 Car Garage
  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 435 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Utilities

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

Listing and Financial Details

  • Property Available on 10/1/24
  • Assessor Parcel Number 02-42-04-008-0050

Community Details

Overview

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

Amenities

  • Intercom to Front Desk
  • Elevator

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,839

Year Built

Built in 1965

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-10-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Apartments-Annual, Condo
  • Subdivision Name: TERRACE EAST CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 435
  • Stories: 3

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association: No

Lot Info

  • Parcel Number: 02-42-04-008-0050
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Sep 9, 2024
Sold by
Gonzalez Alina M
Bought by
Trademark Real Estate Holdings Llc
Seller's Agent
Brett Firestone
Florida Capital Realty
Buyer's Agent
Robert Schultze
Lewis City Realty Inc
Sold Price
$1,650
Views
2
Current Estimated Value
$175,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,128
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Gonzalez Alina M and Gonzalez Manuel A
Bought by
Gonzalez Manuel A and Gonzalez Maria C
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
Trademark Real Estate Holdings Llc $155,000 None Listed On Document
Gonzalez Manuel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Alina M $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Rented $1,650 0.0% --
09/20/2024 09/20/24 Under Contract -- -- --
09/12/2024 09/12/24 For Rent $1,650 0.0% --
09/10/2024 09/10/24 Sold $155,000 0.0% $356 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $155,000 -3.1% $356 / Sq Ft
05/16/2024 05/16/24 For Sale $160,000 0.0% $368 / Sq Ft
03/17/2023 03/17/23 Rented $2,000 0.0% --
03/09/2023 03/09/23 Under Contract -- -- --
03/01/2023 03/01/23 For Rent $2,000 +48.1% --
03/28/2016 03/28/16 Rented $1,350 -3.6% --
02/27/2016 02/27/16 Under Contract -- -- --
02/22/2016 02/22/16 For Rent $1,400 -- --
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 $2,323 $119,878 $0 $0
2018 $2,254 $119,878 $0 $0
2017 $2,183 $111,577 $0 $0
2016 $2,105 $101,434 $0 $0
2015 $1,955 $92,213 $0 $0
2014 $1,703 $83,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Firestone

    Landlord's Agent in 2024

    Brett Firestone

    Florida Capital Realty

    (786) 953-5870

    1 in this area

    77 Total Sales

    Section Image

  • R

    Tenant's Agent in 2024

    Robert Schultze

    Lewis City Realty Inc

    (305) 757-1700

    1 in this area

    7 Total Sales

    Section Image

  • G

    Buyer's Agent in 2023

    Guillermo Gutierrez

    MMLS Assoc.-Inactive Member

    Section Image

  • D

    Seller's Agent in 2016

    David Moises

    MMLS Assoc.-Inactive Member

See All Agents

About Terrace East Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11658076

MIAMI REALTORS® MLS

APN: 02-4204-008-0050

Florida Miami/Dade County Miami Beach 33139 Flamingo

1400 Pennsylvania Ave Unit 5, Miami Beach, FL

This home is located at 1400 Pennsylvania Ave Unit 5, Miami Beach, FL 33139 since 12 September 2024 and is currently priced at $170,220. This property was built in 1965. 1400 Pennsylvania Ave Unit 5 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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