NOT LISTED FOR SALE

Estimated Value: $236,615 - $291,000

1 Bed
1 Bath
650 Sq Ft
$406/mo HOA Fee

Last Sold March 10, 2021

Last sale price $195,000 $300 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,153/month

192 Days on Market

Highlights

  • Intercom to Front Desk
  • Wood Flooring
  • Balcony
  • Skyline View
  • Bike Room
  • 1 Car Attached Garage

About This Home

As of March 2021

NOW VACANT! GATED COVERED PARKING, LARGE PRIVATE BALCONY with views of the Sunrise AND Sunset. ONE of a KIND GEM at a great price! Hard-to-find WALL of WINDOWS, Spacious (unfurnished) 1BD/1BA in the Heart of South Beach near Restaurants, Flamingo Park, and more. The windows absolutely make the space beautiful with a bright and open feel! Wood and tile floors throughout, updated kitchen with fancy vintage refrigerator, modern lighting and fixtures, large bedroom accommodates a king-sized bed and has stunning natural light with balcony access. 1/2 Block to Española Way, 3 Blocks to Ocean Drive and the gorgeous waters of South Beach, plus Lincoln Rd. shopping and dining is at your fingertips.

Last Agent to Sell the Property

Robert Cantu

MMLS Assoc.-Inactive Member License #3374427 Listed on: 08/01/2020

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Zach Joslin

BHHS EWM Realty License #3316818

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 1965

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Home Design

  • Garden Apartment
  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 650 Sq Ft Home
  • 4-Story Property
  • Vertical Blinds
  • Drapes & Rods
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-008-0530

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Bike Room

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,188

Year Built

Built in 1965

Lot Details

0

HOA Fees

$406 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Carport Y N: Yes
  • Directions: Please use GPS
  • 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: Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 650
  • Possible Use: Investment
  • Stories: 4
  • Window Features: Drapes, Verticals
  • Bedroom Features: Other

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction, Slab Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Terrace East
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Covered, Parking-Under Building, Limited # Of Vehicle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Common Area
  • Security: Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 406
  • Amenities: Bike Storage, Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-04-008-0530
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 54
  • Number Of Units Total: 54

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Mar 9, 2021
Sold by
Ives Joni S
Bought by
Menne Jeffrey P
Seller's Agent
Robert Cantu
MMLS Assoc.-Inactive Member
Buyer's Agent
Zach Joslin
BHHS EWM Realty
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%
Current Estimated Value
$262,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,904
Avg. Annual Appreciation
8.32%
Original Mortgage
$136,500
Outstanding Balance
$122,917
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$154,519

Purchase Details

Listed on
Sep 23, 2014
Closed on
Mar 24, 2015
Sold by
Msihid Yael
Bought by
Ives Joni S
Seller's Agent
Ivette Claro
Westside Estate Agency Florida
Buyer's Agent
Josette Wys-Katz
Howard Chase Real Estate, LLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%

Purchase Details

Closed on
Oct 24, 2007
Sold by
Neubauer Gabel Boyette
Bought by
Msihid Yael

Purchase Details

Closed on
Feb 7, 2006
Sold by
Silverman Esq Cheryl
Bought by
Neubauer Gabel Boyette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Menne Jeffrey P $195,000 Attorney
Ives Joni S $200,000 None Available
Msihid Yael $218,000 First Home Title Miami Inc
Neubauer Gabel Boyette $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menne Jeffrey P $136,500
Previous Owner Neubauer Gabel Boyette $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $195,000 -2.5% $300 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $200,000 -4.8% $308 / Sq Ft
01/31/2021 01/31/21 For Sale $210,000 +7.7% $323 / Sq Ft
01/04/2021 01/04/21 Off Market $195,000 -- --
12/31/2020 12/31/20 For Sale $210,000 +7.7% $323 / Sq Ft
12/03/2020 12/03/20 Off Market $195,000 -- --
08/01/2020 08/01/20 For Sale $210,000 +5.0% $323 / Sq Ft
04/02/2015 04/02/15 Sold $200,000 -9.1% $308 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
01/23/2015 01/23/15 Price Changed $220,000 -2.2% $338 / Sq Ft
01/16/2015 01/16/15 For Sale $225,000 0.0% $346 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
11/13/2014 11/13/14 Price Changed $225,000 -4.3% $346 / Sq Ft
09/23/2014 09/23/14 For Sale $235,000 0.0% $362 / Sq Ft
11/15/2013 11/15/13 Rented $1,500 0.0% --
10/16/2013 10/16/13 Under Contract -- -- --
10/14/2013 10/14/13 For Rent $1,500 +7.1% --
09/26/2012 09/26/12 Rented $1,400 -6.7% --
09/26/2012 09/26/12 For Rent $1,500 -- --
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 $3,694 $158,981 -- --
2024 $3,411 $195,415 -- --
2023 $3,411 $177,650 $0 $0
2022 $3,034 $161,500 $0 $0
2021 $3,282 $170,000 $0 $0
2020 $3,185 $164,494 $0 $0
2019 $3,188 $164,494 $0 $0
2018 $3,093 $164,494 $0 $0
2017 $3,132 $164,494 $0 $0
2016 $3,195 $164,494 $0 $0
2015 $2,682 $126,533 $0 $0
2014 $2,337 $115,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10903159

MIAMI REALTORS® MLS

APN: 02-4204-008-0530