NOT LISTED FOR SALE

Estimated Value: $549,000 - $630,000

2 Beds
2 Baths
1,072 Sq Ft
$1,630/mo HOA Fee

Last Sold July 23, 2024

Last sale price $600,000 $560 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,554/month

202 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Two Primary Bathrooms
  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • Furnished

About This Home

As of July 2024

CASH ONLY.This is the reason to come to South Beach.
Make this stunning, furnished,2/2 yours and collect High Season rentals. Beautiful bay views; living room, balcony and bedrooms. 2 pools, full service gym, pet walk, pet day care, 24 hr managed front desks, restaurants. Building allows 30 day renting; Unit floor plan includes; Pass-thru from kitchen to dining room allowing for seating of 6-8 easily. Eat-on bar at kitchen, adding to availability of space, In-suite full bath in primary bedroom, full guest bath, stunning bay views from living room, balcony and bedrooms & lots of closets. Electric car chargers. 24/7 valet. Security on site. Renderings of projected upgrades attached. Call to show w/24 hr notice. Artwork exempt from sale. Quick close available. HOA $1630.

Last Agent to Sell the Property

Michele Colson

Gary Hennes Realtors License #0688677 Listed on: 01/02/2024

Last Buyer's Agent

Merve Gumusyazici

One Sotheby's International Realty License #3264945

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,223

Year Built

  • Built in 1960 | Newly Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $1,630 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

Outdoor Features

  • Courtyard
  • Outdoor Grill

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-079-1830

Community Details

Overview

  • 550 Units
  • High-Rise Condominium
  • Flamingo South Beach I Co Condos
  • Flamingo South Beach I Co,Flamingo South Beach Subdivision
  • Property has 1 Level

Amenities

  • Valet Parking
  • Trash Chute
  • Business Center
  • Laundry Facilities
  • Secure Lobby
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,223

Year Built

Built in 1960 | Newly Remodeled

Lot Details

0

HOA Fees

$1,630 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 1500 Bay Road. South Beach. Waze/google for easy directions. Park on the street or pay valet parking.
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: FLAMINGO SOUTH BEACH I CO,Flamingo South Beach
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 1072
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Window Features: Clear Impact Glass, Blinds, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: 2 Primary Bathrooms, Combination Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Barbeque, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Flamingo South Beach I CO
  • Parking Features: Space Rented, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Smoke Detector, Complex Fenced, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1630
  • Amenities: Bike Storage, Business Center, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-33-079-1830
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 550
  • Number Of Units Total: 550

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jul 23, 2024
Sold by
Tarco Inc
Bought by
Olgun Ayse
Seller's Agent
Michele Colson
Gary Hennes Realtors
Buyer's Agent
Merve Gumusyazici
One Sotheby's International Realty
List Price
$725,000
Sold Price
$600,000
Premium/Discount to List
-$125,000
-17.24%
Views
126
Current Estimated Value
$591,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,613
Avg. Annual Appreciation
-1.39%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Ramirez Carmen
Bought by
Tarco Inc

Purchase Details

Closed on
Feb 27, 2010
Sold by
Washington Mutual Bank Fa
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 18, 2006
Sold by
Mcz/Centrum Flamingo I Llc
Bought by
Ramirez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,600
Interest Rate
7.83%
Mortgage Type
Unknown
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
Olgun Ayse $600,000 Florida Secured Title
Tarco Inc $275,000 Attorney
Jpmorgan Chase Bank National Association $151,800 None Available
Ramirez Carmen $617,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Carmen $493,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $600,000 0.0% $560 / Sq Ft
06/30/2024 06/30/24 Off Market $600,000 -- --
05/27/2024 05/27/24 Price Changed $600,000 -7.7% $560 / Sq Ft
05/27/2024 05/27/24 Price Changed $650,000 -10.3% $606 / Sq Ft
01/02/2024 01/02/24 For Sale $725,000 0.0% $676 / Sq Ft
11/22/2016 11/22/16 Rented $5,000 -16.7% --
11/22/2016 11/22/16 Price Changed $6,000 +100.0% $6 / Sq Ft
03/22/2016 03/22/16 For Rent $3,000 0.0% --
09/04/2013 09/04/13 Rented $3,000 -37.5% --
08/05/2013 08/05/13 Under Contract -- -- --
03/14/2013 03/14/13 For Rent $4,800 +20.0% --
12/18/2012 12/18/12 Rented $4,000 -16.7% --
11/18/2012 11/18/12 Under Contract -- -- --
11/09/2012 11/09/12 For Rent $4,800 +60.0% --
08/15/2012 08/15/12 Rented $3,000 0.0% --
08/15/2012 08/15/12 For Rent $3,000 0.0% --
03/20/2012 03/20/12 Rented $3,000 0.0% --
03/20/2012 03/20/12 For Rent $3,000 -14.3% --
02/24/2012 02/24/12 Rented $3,500 0.0% --
02/24/2012 02/24/12 For Rent $3,500 -- --
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 $7,895 $515,502 -- --
2024 $7,223 $381,758 -- --
2023 $7,223 $347,053 $0 $0
2022 $6,004 $315,503 $0 $0
2021 $5,538 $286,821 $0 $0
2020 $6,183 $319,400 $0 $0
2019 $6,259 $323,000 $0 $0
2018 $6,093 $324,000 $0 $0
2017 $6,049 $317,647 $0 $0
2016 $7,259 $373,702 $0 $0
2015 $7,503 $369,546 $0 $0
2014 $6,874 $335,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11496348

MIAMI REALTORS® MLS

APN: 02-3233-079-1830