NOT LISTED FOR SALE

1525 Pennsylvania Ave Unit 17 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $234,656 - $276,000

1 Bed
1 Bath
486 Sq Ft
$289/mo HOA Fee

Last Sold July 09, 2021

Last sale price $165,000 $340 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,838/month

3 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Central Heating and Cooling System
  • Main Floor Primary Bedroom
  • Walk-In Closet
  • Combination Dining and Living Room

About This Home

As of July 2021

Great location close to Lincoln Road, Gehry's New World Center, Espanola Way and to the beach. Complex of two Art Deco buildings with a private, gated courtyard. Building has new roof, new landscaping and has been recently painted. The unit has high ceilings and lots of windows and is spacious and bright. Real hardwood floors throughout. Large walk-in closet. View of courtyard and also of the garden and pool of next door single family "mansion". Renting allowed (rent first year owned, but no short-term rentals). Service animals/pets allowed.

Last Agent to Sell the Property

Steve Piper

Coldwell Banker Realty License #3057548 Listed on: 05/21/2021

Coldwell Banker Realty

Co-Listed By

Josel Suarez

Coldwell Banker Realty License #3024182

Last Buyer's Agent

Aria Fleming

Compass Florida, LLC License #3376760

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 1935

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Garden Apartment

Interior Spaces

  • 486 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-145-0160

Community Details

Overview

  • 18 Units
  • 1525 Pennsylvania Avenue Condos
  • 1525 Pennsylvania Condo Subdivision, Corner Unit Floorplan

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,517

Year Built

Built in 1935

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: CBRE71
  • Co List Office Phone: 305-931-8266
  • Directions: In the heart of South Beach. Four blocks from the beach. A block and a half south of Lincoln Road Mall. A block and a half north of Espanola Way. Street parking during the week (residents only evenings/ weekends). Parking garage at Pennsylvania & 17th.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Master Model: Corner Unit
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1525 PENNSYLVANIA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 486
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1525 Pennsylvania Avenue
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 289
  • Amenities: Exterior Lighting
  • 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: 02-32-34-145-0160
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 289
  • Number Of Units In Community: 18
  • Number Of Units Total: 9

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 9, 2021
Sold by
Taylor Lanier Ivan
Bought by
Legg Audrey Ann
Seller's Agent
Steve Piper
Coldwell Banker Realty
Buyer's Agent
Aria Fleming
Compass Florida, LLC
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%
Current Estimated Value
$253,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,414
Avg. Annual Appreciation
10.98%
Original Mortgage
$156,750
Outstanding Balance
$142,842
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,572

Purchase Details

Closed on
Jan 2, 2003
Sold by
Miami Beach Equity Investors Lp
Bought by
Taylor Lanier I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.1%
Source: Public Records

Range of Values:

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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
Legg Audrey Ann $165,000 Title Brothers Llc
Taylor Lanier I $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legg Audrey Ann $156,750
Previous Owner Taylor Lanier I $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $165,000 +3.8% $340 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $159,000 -- $327 / 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 $2,016 $152,833 -- --
2024 $1,948 $148,526 -- --
2023 $1,948 $144,200 $0 $0
2022 $1,856 $140,000 $0 $0
2021 $2,510 $130,000 $0 $0
2020 $2,517 $130,000 $0 $0
2019 $2,519 $130,000 $0 $0
2018 $2,875 $152,891 $0 $0
2017 $3,425 $179,872 $0 $0
2016 $3,882 $199,858 $0 $0
2015 $1,031 $92,458 $0 $0
2014 $1,047 $91,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11042835

MIAMI REALTORS® MLS

APN: 02-3234-145-0160