$150,000
SOLD JUN 8, 2021
-- Bed
1 Bath
435 Sq Ft
$280/mo HOA Fee

Recently Sold

$345 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • Furnished
  • Balcony
  • Walk-In Closet
  • Elevator
  • 1 Car Attached Garage
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2021

This bright and spacious studio features tile floors throughout, a walk-in closet and a large balcony. Updated galley kitchen has granite counters and stainless steel appliances. Tasteful modern decor even includes a space-saving murphy bed! Located in the heart of South Beach, this apartment is just moments away from Lincoln Road and the beach! The unit includes a parking space!

Last Agent to Sell the Property

Todd Nordstrom

Compass Florida, LLC. License #0618419 Listed on: 04/09/2021

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1965

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 435 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Drapes & Rods
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Balcony
  • East Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-008-0490

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,227

Year Built

Built in 1965

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Phone: 305-851-2820
  • Entry Level: 4
  • 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
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 435
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Drapes
  • Bedroom Features: Studio

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • 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, Assigned, Covered

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 280
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-04-008-0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 280

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 8, 2021
Sold by
Chavis Gordon D
Bought by
Deszczka Ryan
Seller's Agent
Todd Nordstrom
Compass Florida, LLC.
List Price
$157,500
Sold Price
$150,000
Premium/Discount to List
-$7,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Dec 8, 2004
Sold by
Chalgub Maria M
Bought by
Chavis Gordon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 1998
Sold by
Lanio Hortensia D
Bought by
Chalgub Maria M
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 $150,000 Nu World Title Llc
Warranty Deed $123,500 Clear Title Services Inc
Quit Claim Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $164,000 Unknown
Previous Owner $98,800 Unknown
Previous Owner $71,000 Credit Line Revolving
Closed $18,525 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $310,000 0.0% $713 / Sq Ft
09/03/2024 09/03/24 Rented $1,600 -3.0% --
08/20/2024 08/20/24 Price Changed $1,650 -8.3% $4 / Sq Ft
08/04/2024 08/04/24 For Rent $1,800 0.0% --
12/22/2023 12/22/23 Rented $1,800 0.0% --
12/21/2023 12/21/23 Under Contract -- -- --
12/15/2023 12/15/23 Price Changed $1,800 -2.7% $4 / Sq Ft
12/12/2023 12/12/23 Price Changed $1,850 -2.6% $4 / Sq Ft
12/04/2023 12/04/23 Price Changed $1,900 -5.0% $4 / Sq Ft
11/30/2023 11/30/23 For Rent $2,000 +11.1% --
07/03/2023 07/03/23 Rented $1,800 -5.3% --
06/21/2023 06/21/23 For Rent $1,900 +18.8% --
08/14/2021 08/14/21 For Rent $1,600 0.0% --
08/14/2021 08/14/21 Rented $1,600 0.0% --
06/08/2021 06/08/21 Sold $150,000 -4.8% $345 / Sq Ft
04/08/2021 04/08/21 For Sale $157,500 0.0% $362 / Sq Ft
03/22/2020 03/22/20 Rented $1,250 -3.8% --
03/09/2020 03/09/20 For Rent $1,300 -91.3% --
03/14/2019 03/14/19 Rented $15,000 +1053.8% --
03/02/2019 03/02/19 Under Contract -- -- --
01/23/2019 01/23/19 For Rent $1,300 +4.0% --
10/15/2018 10/15/18 Rented $1,250 0.0% --
10/05/2018 10/05/18 Under Contract -- -- --
08/28/2018 08/28/18 Price Changed $1,250 -3.8% $3 / Sq Ft
08/02/2018 08/02/18 For Rent $1,300 0.0% --
05/22/2018 05/22/18 Off Market $1,300 -- --
04/19/2018 04/19/18 For Rent $1,300 +8.3% --
05/12/2014 05/12/14 Rented $1,200 -4.0% --
05/12/2014 05/12/14 For Rent $1,250 +16.3% --
07/15/2012 07/15/12 Rented $1,075 -2.3% --
06/15/2012 06/15/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $1,100 -- --
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 $2,166 $110,711 $0 $0
2016 $2,089 $100,647 $0 $0
2015 $1,939 $91,498 $0 $0
2014 $1,690 $83,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11025344

MIAMI REALTORS® MLS

APN: 02-4204-008-0490