NOT LISTED FOR SALE

1551 Michigan Ave Unit 13 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $239,136 - $281,000

1 Bed
1 Bath
500 Sq Ft
1954 Built

Last Sold November 04, 2013

Last sale price $199,000 $398 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,686/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • East Facing Home
  • Views

About This Home

As of November 2020

BEAUTIFUL 1/1 APARTMENT ! 1 BLOCK TO LINCOLN ROAD. EXCELLENT LOCATION !!!
BRIGHT APARTMENT WITH LAMINATED FLOORS, JUST PAINTED, NEW CENTRAL A/C, WASHER AND DRYER INSIDE THE UNIT AND DISHWASHER.
OPEN KITCHEN WITH STAINLESS STEEL APPLIANCES.
1 YEAR RENTAL ONLY. ONE SMALL PET IS OK.

Last Agent to Rent the Property

Vanina Ordorica

Beachfront Realty Inc License #3166251 Listed on: 09/17/2020

Beachfront Realty Inc

Last Renter's Agent

Sarah Friedman

MMLS Assoc.-Inactive Member License #3369722

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1954

Home Design

  • 500 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Dishwasher
  • Dryer
  • East Facing Home
  • Central Heating and Cooling System
  • Property Views

Listing and Financial Details

  • Property Available on 9/21/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-129-0130

Community Details

Overview

  • No Home Owners Association
  • Lincoln Place Condo
  • Lincoln Place Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,556

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2020-09-21
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1954
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: LINCOLN PLACE CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 500

Exterior Features

  • View: Other
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN PLACE CONDO
  • Open Parking: Yes
  • Parking Features: On Street

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

Lot Info

  • Parcel Number: 02-32-34-129-0130
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Nov 4, 2013
Sold by
Gibbsworld Llc
Bought by
1551 Michigan Ave Llc
Seller's Agent
Leandro Rondon
Monarchy International Realty
Buyer's Agent
Vanina Ordorica
Beachfront Realty Inc
List Price
$204,900
Sold Price
$199,000
Premium/Discount to List
-$5,900
-2.88%
Current Estimated Value
$261,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,034
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Jul 16, 2013
Sold by
Martin Michael V Cabral
Bought by
Gibbsworld Llc

Purchase Details

Closed on
Sep 29, 2003
Sold by
Phillips Michael K
Bought by
Cabral Martin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,875
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2000
Sold by
Lincoln Place Inc
Bought by
Phillips Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,110
Interest Rate
7.92%
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 Buyer Sale Price Title Company
1551 Michigan Ave Llc $199,000 Attorney
Gibbsworld Llc $143,100 None Available
Cabral Martin Michael $132,500 --
Phillips Michael K $67,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabral Martin Michael $50,000
Previous Owner Cabral Martin Michael $135,000
Previous Owner Cabral Martin Michael $125,875
Previous Owner Phillips Michael K $61,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Rented $1,350 -5.3% --
11/02/2020 11/02/20 Under Contract -- -- --
09/17/2020 09/17/20 For Rent $1,425 -1.7% --
07/12/2017 07/12/17 Rented $1,450 0.0% --
07/07/2017 07/07/17 Under Contract -- -- --
06/27/2017 06/27/17 Price Changed $1,450 -3.3% $2 / Sq Ft
06/14/2017 06/14/17 Price Changed $1,500 -3.2% $3 / Sq Ft
05/18/2017 05/18/17 Price Changed $1,550 -3.1% $3 / Sq Ft
04/05/2017 04/05/17 For Rent $1,600 +3.2% --
04/29/2016 04/29/16 Rented $1,550 0.0% --
04/17/2016 04/17/16 Under Contract -- -- --
04/10/2016 04/10/16 For Rent $1,550 +3.3% --
07/21/2014 07/21/14 Rented $1,500 -6.3% --
06/21/2014 06/21/14 Under Contract -- -- --
06/10/2014 06/10/14 For Rent $1,600 0.0% --
11/04/2013 11/04/13 Sold $199,000 -2.9% $398 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $204,900 -- $410 / 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 $3,556 $199,410 -- --
2024 $3,168 $181,282 -- --
2023 $3,168 $164,802 $0 $0
2022 $2,882 $149,820 $0 $0
2021 $2,630 $136,200 $0 $0
2020 $2,776 $143,400 $0 $0
2019 $2,955 $152,500 $0 $0
2018 $3,019 $160,549 $0 $0
2017 $3,057 $160,549 $0 $0
2016 $3,273 $161,326 $0 $0
2015 $2,906 $146,660 $0 $0
2014 $3,311 $162,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10929116

MIAMI REALTORS® MLS

APN: 02-3234-129-0130