NOT LISTED FOR SALE

1525 Pennsylvania Ave Unit 6 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $488,000 - $562,000

2 Beds
1.5 Baths
968 Sq Ft
$502/mo HOA Fee

Last Sold January 31, 2023

Last sale price $505,000 $522 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,063/month

73 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Central Heating and Cooling System

About This Home

As of January 2023

Condo can be purchased with as low as 3% Down Payment + Seller will credit buyer to get a lower mortgage rate for the first 2 years. Enjoy living in a charming townhome in an Art Deco building in the heart of South Beach. This very spacious unit offers high ceilings, updated kitchen, real wood floors, updated bathrooms, alot of natural light and washer & dryer in unit. Gated community with a courtyard walking distance to Lincoln Rd, Beach, Espanola Way, Flamingo Park & many restaurants & stores.

Last Agent to Sell the Property

Joanna Jimenez

Compass Florida, LLC Brokerage Phone: 305-302-6384 License #3224030 Listed on: 09/01/2022

Compass Florida, LLC

Last Buyer's Agent

Arnaud Homburger

Beachfront Realty Inc License #3428910

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 1935

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 968 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-145-0060

Community Details

Overview

  • Pennsylvania Condo
  • 1525 Pennsylvania Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,085

Year Built

Built in 1935

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1525 PENNSYLVANIA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-302-6384
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 968
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 502
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-145-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 30, 2023
Sold by
Cockman Brian
Bought by
Rossat Romain Pierre Alexa and Bonhommet Anais Aline
Seller's Agent
Joanna Jimenez
Compass Florida, LLC
Buyer's Agent
Arnaud Homburger
Beachfront Realty Inc
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Views
69
Current Estimated Value
$531,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,737
Avg. Annual Appreciation
4.42%
Original Mortgage
$404,000
Outstanding Balance
$391,633
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$172,457

Purchase Details

Listed on
Oct 8, 2019
Closed on
Feb 14, 2020
Sold by
Markuly Sotirios N
Bought by
Cockman Brian
Seller's Agent
Joseph Calla
Westport Realty
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$304,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2003
Sold by
Miami Beach Equity Investors Lp
Bought by
Markuly Sotirios N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.1%
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 Buyer Sale Price Title Company
Rossat Romain Pierre Alexa $505,000 Market Title
Cockman Brian $320,000 Attorney
Markuly Sotirios N $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossat Romain Pierre Alexa $404,000
Previous Owner Cockman Brian $304,000
Previous Owner Markuly Sotirios N $100,000
Previous Owner Markuly Sotirios N $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $505,000 -3.8% $522 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $525,000 0.0% $542 / Sq Ft
09/25/2022 09/25/22 Off Market $525,000 -- --
09/04/2022 09/04/22 For Sale $525,000 0.0% $542 / Sq Ft
09/04/2022 09/04/22 Off Market $525,000 -- --
09/01/2022 09/01/22 For Sale $525,000 +64.1% $542 / Sq Ft
02/14/2020 02/14/20 Sold $320,000 -5.6% $331 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $339,000 -- $350 / 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 $7,963 $423,775 -- --
2024 $4,285 $423,775 -- --
2023 $4,285 $267,877 $0 $0
2022 $4,112 $260,075 $0 $0
2021 $4,085 $252,500 $0 $0
2020 $3,911 $202,000 $0 $0
2019 $3,914 $202,000 $0 $0
2018 $5,246 $292,791 $0 $0
2017 $5,381 $246,648 $0 $0
2016 $5,236 $224,226 $0 $0
2015 $4,767 $203,842 $0 $0
2014 $4,459 $185,311 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11266536

MIAMI REALTORS® MLS

APN: 02-3234-145-0060