NOT LISTED FOR SALE

Estimated Value: $482,238 - $546,000

2 Beds
2 Baths
920 Sq Ft
1948 Built

Highlights

  • Wood Flooring
  • No HOA
  • Snack Bar or Counter
  • Old Spanish Architecture
  • Clear Impact Glass
  • Central Heating and Cooling System

About This Home

As of February 2022

Centrally located within South Beach's business and entertainment area, you will find this rare 2 bedroom, 2 bathroom, split plan unit with original wood floors throughout. Front porch with privacy curtains for additional quiet time after a long day's work. All windows and doors are impact resistant thus providing additional safety. Vast amount of dining and entertainment areas located within walking distance of the property. In the right setting, you would not even need a car to live this tranquil, serene island like setting in the heart of South Beach.

Last Agent to Rent the Property

Angel Garcia

Hemisphere Realty Inc License #0486288 Listed on: 01/06/2022

Last Renter's Agent

Jerome Morlot

EXP Realty LLC License #3179963

EXP Realty LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,627

Year Built

  • Built in 1948

Lot Details

  • South Facing Home

Home Design

  • Old Spanish Architecture

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Listing and Financial Details

  • Property Available on 2/1/22
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-138-0020

Community Details

Overview

  • No Home Owners Association
  • 1551 Condo
  • 1551 Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced
  • Clear Impact Glass
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,627

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-02-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry, Old Spanish
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 1551 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 920
  • Stories: 2
  • Window Features: Clear Impact Glass, Blinds
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • View: None
  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1551 CONDO
  • Open Parking: Yes
  • Parking Features: On Street, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 02-32-34-138-0020
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2009
Sold by
Tomasson Tomas
Bought by
Dvorak Anthony and Sahly Fadwa
Current Estimated Value
$534,917

Purchase Details

Closed on
Nov 16, 2005
Sold by
Valentine Rifino
Bought by
Tomasson Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2005
Sold by
Jaber Rami
Bought by
Valentine Rifino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2004
Sold by
Nydam Kristy
Bought by
Jaber Rami T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 2, 2002
Sold by
Pineapple Of South Beach Inc C
Bought by
Nydam Kristy
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
Dvorak Anthony $255,000 Attorney
Tomasson Tomas $400,000 --
Valentine Rifino $330,000 --
Jaber Rami T $285,000 Title Company Of America
Nydam Kristy $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomasson Tomas $320,000
Previous Owner Valentine Rifino $264,000
Previous Owner Jaber Rami T $256,500
Closed Jaber Rami T $28,500
Closed Valentine Rifino $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Rented -- -- --
01/13/2022 01/13/22 Under Contract -- -- --
01/06/2022 01/06/22 For Rent $2,500 +19.0% --
02/10/2021 02/10/21 Rented $2,100 0.0% --
01/25/2021 01/25/21 Under Contract -- -- --
01/07/2021 01/07/21 For Rent $2,100 +5.0% --
02/21/2020 02/21/20 Rented $2,000 0.0% --
01/30/2020 01/30/20 For Rent $2,000 0.0% --
01/17/2020 01/17/20 Under Contract -- -- --
11/25/2019 11/25/19 Price Changed $2,000 -9.1% $2 / Sq Ft
11/14/2019 11/14/19 Price Changed $2,200 -2.2% $2 / Sq Ft
11/05/2019 11/05/19 Price Changed $2,250 -2.2% $2 / Sq Ft
09/26/2019 09/26/19 For Rent $2,300 +21.1% --
07/01/2013 07/01/13 Rented $1,900 -5.0% --
06/01/2013 06/01/13 Under Contract -- -- --
03/12/2013 03/12/13 For Rent $2,000 +2.6% --
12/03/2012 12/03/12 Rented $1,950 -2.5% --
12/03/2012 12/03/12 For Rent $2,000 -- --
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 $5,627 $290,915 -- --
2024 $5,371 $264,469 -- --
2023 $5,371 $240,427 $0 $0
2022 $4,808 $218,570 $0 $0
2021 $3,837 $198,700 $0 $0
2020 $4,371 $225,800 $0 $0
2019 $4,376 $225,800 $0 $0
2018 $4,470 $237,690 $0 $0
2017 $5,316 $268,742 $0 $0
2016 $4,953 $244,311 $0 $0
2015 $4,785 $222,101 $0 $0
2014 $4,102 $201,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11143114

MIAMI REALTORS® MLS

APN: 02-3234-138-0020