NOT LISTED FOR SALE

Estimated Value: $129,000 - $160,362

-- Bed
1 Bath
435 Sq Ft
$445/mo HOA Fee

Last Sold July 26, 2024

Last sale price $130,000 $299 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,464/month

120 Days on Market

Highlights

  • Intercom to Front Desk
  • Garden View
  • Bike Room
  • Sitting Area In Primary Bedroom
  • Community Center
  • Concrete Block With Brick

About This Home

As of July 2024

Exceptional investment potential awaits in this prime location mere blocks away from Ocean Drive, Flamingo Park, Lincoln Road, and Espanola Way. This unit includes a coveted gated and covered parking space. Noteworthy discussions are underway regarding a special assessment for the forthcoming 60-year recertification in 2025, while the building maintains partial reserves, presenting a compelling proposition to investors.

Last Agent to Sell the Property

Olga Perez

BHHS EWM Realty Brokerage Email: OlgaUK1@iCloud.com License #3563426 Listed on: 03/27/2024

BHHS EWM Realty

Co-Listed By

Leslie Jones

BHHS EWM Realty Brokerage Email: OlgaUK1@iCloud.com License #0556334

BHHS EWM Realty

Last Buyer's Agent

Leslie Jones

BHHS EWM Realty Brokerage Email: OlgaUK1@iCloud.com License #0556334

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1965

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 435 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-008-0060

Community Details

Overview

  • 55 Units
  • Terrace East Condo
  • Terrace East Condo Subdivision

Amenities

  • Community Center
  • Party Room
  • Intercom to Front Desk
  • Bike Room

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,688

Year Built

Built in 1965

Lot Details

0

HOA Fees

$445 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Mls Id: EWM 01
  • Co List Office Phone: 305-960-2400
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Efficiency, Condo
  • Subdivision Name: TERRACE EAST CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: OlgaUK1@iCloud.com
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 435
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Sitting Area - Primary Bedroom, Studio

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk
  • Construction Type: Concrete Block With Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Terrace East Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 445
  • Amenities: Bike Storage, Community Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-04-008-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 55
  • Number Of Units Total: 55

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jul 22, 2024
Sold by
Jjinmobiliarios Llc
Bought by
Fernando Acosta Revocable Trust and Mary D Lugo Revocable Trust
Seller's Agent
Olga Perez
BHHS EWM Realty
Buyer's Agent
Leslie Jones
BHHS EWM Realty
List Price
$199,900
Sold Price
$130,000
Premium/Discount to List
-$69,900
-34.97%
Views
111
Current Estimated Value
$142,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,841
Avg. Annual Appreciation
9.48%

Purchase Details

Listed on
Mar 21, 2018
Closed on
Aug 3, 2018
Sold by
Donaldson Gary Neal
Bought by
Jjinmobiliarios Llc
Seller's Agent
Robert Cantu
MMLS Assoc.-Inactive Member
Buyer's Agent
Pamela Hall
Pamela Hall Real Estate, LLC.
List Price
$165,900
Sold Price
$157,000
Premium/Discount to List
-$8,900
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.11%

Purchase Details

Listed on
Aug 17, 2016
Closed on
Nov 28, 2016
Sold by
Yribia Laura and Yribia Peter
Bought by
Donaldson Gary Neal
Seller's Agent
Roberto Balcker
Prime Den Real Estate Corporation
Buyer's Agent
Roberto Balcker
Prime Den Real Estate Corporation
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Apr 16, 2016
Sold by
Yribia William A
Bought by
Yribia William A

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jun 5, 2015
Sold by
Gyuriska Mark W
Bought by
Yribia William A
Seller's Agent
Denis Doric
Doric Realty
Buyer's Agent
Denis Doric
Doric Realty
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Feb 14, 2008
Sold by
Albenga Louis P and Albenga Linda M
Bought by
Gyuriska Mark W

Purchase Details

Closed on
Sep 26, 2002
Sold by
Steven Billing I
Bought by
Albenga Louis P and Albenga Linda M

Purchase Details

Closed on
Aug 13, 1999
Sold by
Ros Rosario O
Bought by
Billing Steve G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1997
Sold by
Falcon Silvio
Bought by
Ros Rosario
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
Fernando Acosta Revocable Trust $130,000 Grove Title
Jjinmobiliarios Llc $157,000 None Available
Donaldson Gary Neal $150,000 Attorney
Yribia William A -- Attorney
Yribia William A $130,000 Attorney
Gyuriska Mark W $140,000 Attorney
Albenga Louis P $79,000 --
Billing Steve G $40,000 --
Ros Rosario $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ros Rosario $43,000
Previous Owner Ros Rosario $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $130,000 0.0% $299 / Sq Ft
06/04/2024 06/04/24 Price Changed $130,000 -13.3% $299 / Sq Ft
05/22/2024 05/22/24 Price Changed $150,000 -16.6% $345 / Sq Ft
05/07/2024 05/07/24 Price Changed $179,900 -10.0% $414 / Sq Ft
03/27/2024 03/27/24 For Sale $199,900 0.0% $460 / Sq Ft
03/12/2021 03/12/21 Rented $1,100 0.0% --
02/27/2021 02/27/21 Under Contract -- -- --
02/23/2021 02/23/21 For Rent $1,100 -8.3% --
01/05/2019 01/05/19 Rented $1,200 0.0% --
12/08/2018 12/08/18 Under Contract -- -- --
10/31/2018 10/31/18 Price Changed $1,200 -4.0% $3 / Sq Ft
10/23/2018 10/23/18 Price Changed $1,250 -3.8% $3 / Sq Ft
10/16/2018 10/16/18 Price Changed $1,300 -3.7% $3 / Sq Ft
10/04/2018 10/04/18 Price Changed $1,350 -3.6% $3 / Sq Ft
09/28/2018 09/28/18 For Rent $1,400 0.0% --
08/03/2018 08/03/18 Sold $157,000 -1.6% $361 / Sq Ft
04/24/2018 04/24/18 Price Changed $159,500 -3.0% $367 / Sq Ft
03/27/2018 03/27/18 Price Changed $164,500 -0.8% $378 / Sq Ft
03/21/2018 03/21/18 For Sale $165,900 +10.6% $381 / Sq Ft
12/05/2016 12/05/16 Sold $150,000 0.0% $345 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
09/20/2016 09/20/16 Price Changed $150,000 -6.3% $345 / Sq Ft
08/15/2016 08/15/16 For Sale $160,000 +23.1% $368 / Sq Ft
06/05/2015 06/05/15 Sold $130,000 0.0% $299 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/01/2015 04/01/15 Price Changed $130,000 -3.7% $299 / Sq Ft
02/12/2015 02/12/15 Price Changed $135,000 -3.6% $310 / Sq Ft
01/02/2015 01/02/15 For Sale $140,000 -- $322 / 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 $2,323 $119,878 $0 $0
2018 $2,254 $119,878 $0 $0
2017 $2,283 $119,878 $0 $0
2016 $2,329 $119,878 $0 $0
2015 $1,955 $92,213 $0 $0
2014 -- $83,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11557654

MIAMI REALTORS® MLS

APN: 02-4204-008-0060