$296,000
SOLD JUN 11, 2021

1521 Meridian Ave Unit 202 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
1 Bath
690 Sq Ft
$313/mo HOA Fee

Recently Sold

$429 Per Sq Ft

5% Below List Price

164 Days on Market

Highlights

  • Newly Remodeled
  • Garden View
  • Den
  • Wood Flooring
  • Furnished
  • Built-In Features

About This Home

As of June 2021

Amazing investment property! 5-6% Net return, very low HOA $313, $2,200/monthly rent. Fully furnished.
Beautiful renovated 2 bedroom condo in original Art Deco building in the heart of South Beach. Building sits between historic Flamingo Park and Lincoln Rd on tree lined Meridian Avenue; it is just one block from Lincoln Rd and its shops/restaurants and 4 blocks from the Beach. Unit was renovated 4 years ago. New kitchen with stainless steel appliances and new bathroom. Original wood floors, high ceilings, decorative fireplace, Cedar lined closet, very bright unit with lots of natural light. Small boutique self run building with very low monthly maintenance fees, and no pending assessments. Pet friendly. Building has already gone through 40 yr certification. New roof. Move in condition.

Last Agent to Sell the Property

Charlotte Joncquiert

MMLS Assoc.-Inactive Member License #3426767 Listed on: 12/04/2020

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Anna Gabriel Trasmondi

Keller Williams Capital Realty License #3359449

Keller Williams Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,232

Year Built

  • Built in 1939 | Newly Remodeled

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 690 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Decorative Fireplace
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-103-0060

Community Details

Overview

  • Club Membership Required
  • St James On The Beach Condos
  • St James On The Beach Con Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Stairs
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,232

Year Built

Built in 1939 | Newly Remodeled

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: ST JAMES ON THE BEACH CON
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry, Built-in Features, Closet Cabinetry, Den/Library/Office
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 690
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: None, Courtyard
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ST JAMES ON THE BEACH
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Stairs Secured

Condo/Co-op/Association

  • Association Fee: 313
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-103-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 313

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jun 4, 2021
Sold by
Diamante Paolo and Capuzzello Laura
Bought by
Brera Capital Llc
Seller's Agent
Anna Gabriel Trasmondi
Keller Williams Capital Realty
Buyer's Agent
Anna Gabriel Trasmondi
Keller Williams Capital Realty
Sold Price
$2,400
Current Estimated Value
$360,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,922
Avg. Annual Appreciation
5.40%
Original Mortgage
$192,400
Outstanding Balance
$178,799
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$191,510

Purchase Details

Listed on
Sep 28, 2015
Closed on
Nov 23, 2015
Sold by
Hamilton Curtis and Hamilton Leonora
Bought by
Diamante Paolo and Capuzzello Laura
Seller's Agent
Debra Samberg
Sol/Mar Real Estate LLC
Buyer's Agent
Jerome Morlot
EXP Realty LLC
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$172,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Lopez Carey M
Bought by
Hamilton Kurt and Hamilton Lenora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 2, 1999
Sold by
Villines Emory J
Bought by
Lopez Carey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1998
Sold by
Mcdonald James P and Bozarth Kenneth E
Bought by
Villines Emory J

Purchase Details

Closed on
Jun 25, 1996
Sold by
Miami Beach Conversions Inc
Bought by
Mcdonald James P and Bozarth Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.21%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $296,000 Aces Title Agency Llc
Warranty Deed $272,000 Attorney
Warranty Deed $180,000 --
Warranty Deed $109,000 --
Warranty Deed $106,000 --
Deed $93,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,400 New Conventional
Previous Owner $130,000 Credit Line Revolving
Previous Owner $172,000 New Conventional
Previous Owner $135,000 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $80,500 New Conventional
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Rented $2,400 0.0% --
06/15/2021 06/15/21 For Rent $2,400 0.0% --
06/11/2021 06/11/21 Sold $296,000 -4.5% $429 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $310,000 +14.0% $449 / Sq Ft
11/23/2015 11/23/15 Sold $272,000 -1.1% $394 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $275,000 0.0% $399 / Sq Ft
10/11/2015 10/11/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $275,000 0.0% $399 / Sq Ft
06/25/2015 06/25/15 Rented $1,800 0.0% --
05/26/2015 05/26/15 Under Contract -- -- --
05/18/2015 05/18/15 For Rent $1,800 -- --
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 $4,676 $248,850 -- --
2024 $4,479 $248,850 -- --
2023 $4,479 $237,000 $0 $0
2022 $4,453 $237,000 $0 $0
2021 $4,643 $240,460 $0 $0
2020 $4,232 $218,600 $0 $0
2019 $3,446 $218,600 $0 $0
2018 $3,338 $218,568 $0 $0
2017 $3,385 $218,568 $0 $0
2016 $4,246 $218,568 $0 $0
2015 $3,267 $154,121 $0 $0
2014 $2,847 $140,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anna Gabriel Trasmondi

    Keller Williams Capital Realty

    (305) 329-1470

    1 in this area

    29 Total Sales

    Anna Gabriel Trasmondi
    Section Image

  • C

    Seller's Agent in 2021

    Charlotte Joncquiert

    MMLS Assoc.-Inactive Member

    Section Image

  • D

    Seller's Agent in 2015

    Debra Samberg

    Sol/Mar Real Estate LLC

    (786) 258-8106

    6 in this area

    14 Total Sales

    Debra Samberg
    Section Image
  • Jerome Morlot

    Buyer's Agent in 2015

    Jerome Morlot

    EXP Realty LLC

    (786) 564-7790

    12 in this area

    31 Total Sales

    Jerome Morlot
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10966592

MIAMI REALTORS® MLS

APN: 02-3234-103-0060

Florida Miami/Dade County Miami Beach 33139 Flamingo

1521 Meridian Ave Unit 202, Miami Beach, FL

This home is located at 1521 Meridian Ave Unit 202, Miami Beach, FL 33139 and is currently priced at $296,000, approximately $428 per square foot. This property was built in 1939. 1521 Meridian Ave Unit 202 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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