NOT LISTED FOR SALE

1551 Michigan Ave Unit 5 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $239,223 - $277,000

1 Bed
1 Bath
500 Sq Ft
1954 Built

Last Sold November 13, 2012

Last sale price $132,500 $265 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,672/month

Highlights

  • Furnished
  • No HOA
  • South Facing Home

About This Home

As of December 2019

Fully Furnished, Completely updated, large spaces and huge closet. Open kitchen, built-ins with stone kitchen counter, new bath & a great spacious bedroom wit large closet space. Centrally located one block from Lincoln Rd. Wood flooring throughout

Last Agent to Rent the Property

Francesco Cecchini

Miami Dreams Realty Inc. License #3162699 Listed on: 07/30/2019

Last Renter's Agent

Alexandra Wells

Elite Ocean View Realty LLC License #3331321

Elite Ocean View Realty LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 1954

Lot Details

  • South Facing Home

Interior Spaces

  • 500 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 7/30/19
  • Assessor Parcel Number 02-32-34-129-0050

Community Details

Overview

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

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,489

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2019-07-30

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1954
  • Property Sub Type: Condominium
  • Directions: Michigan Av between 15th and 16th Street. Building is on the east side of the Street. Or use Google Map or Waze...
  • Garage Yn: No
  • Horses: 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

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Furnished
  • Living Area: 500

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN PLACE CONDO

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-129-0050
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2013
Sold by
Advantaira Trust Llc
Bought by
Duccio Llc
Current Estimated Value
$259,056

Purchase Details

Listed on
Sep 29, 2010
Closed on
Nov 13, 2012
Sold by
Gulati Chetan
Bought by
Advantaira Trust Llc
Seller's Agent
Mario Avalos
K & A Realty
Buyer's Agent
Daniel Rosa
Gary Hennes Realtors
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Listed on
Sep 29, 2010
Closed on
Oct 9, 2012
Sold by
Tenhagen Christina
Bought by
Gulati Chetan
Seller's Agent
Mario Avalos
K & A Realty
Buyer's Agent
Daniel Rosa
Gary Hennes Realtors
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%

Purchase Details

Closed on
Aug 12, 2007
Sold by
Moeller David G
Bought by
Tenhagen Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,150
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 2000
Sold by
Lincoln Place Inc
Bought by
Moeller David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,300
Interest Rate
7.97%
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
Duccio Llc $235,000 Title Guaranty Of S Fl Inc
Advantaira Trust Llc $132,500 Attorney
Gulati Chetan $100,000 Attorney
Tenhagen Christina $195,000 Union Title Services Inc
Moeller David G $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tenhagen Christina $154,150
Previous Owner Moeller David G $46,000
Previous Owner Moeller David G $50,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Rented $1,400 0.0% --
12/04/2019 12/04/19 Under Contract -- -- --
10/28/2019 10/28/19 Price Changed $1,400 -6.7% $3 / Sq Ft
07/30/2019 07/30/19 For Rent $1,500 -6.3% --
08/01/2015 08/01/15 Rented $1,600 -3.0% --
07/02/2015 07/02/15 Under Contract -- -- --
06/21/2015 06/21/15 For Rent $1,650 0.0% --
08/21/2014 08/21/14 Rented $1,650 -10.8% --
07/22/2014 07/22/14 Under Contract -- -- --
06/24/2013 06/24/13 For Rent $1,850 0.0% --
11/13/2012 11/13/12 Sold $132,500 -1.9% $265 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
09/29/2010 09/29/10 For Sale $135,000 -- $270 / 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 $3,489 $193,407 -- --
2024 $3,107 $175,825 -- --
2023 $3,107 $159,841 $0 $0
2022 $2,827 $145,310 $0 $0
2021 $2,551 $132,100 $0 $0
2020 $2,691 $139,000 $0 $0
2019 $2,928 $151,100 $0 $0
2018 $2,991 $159,049 $0 $0
2017 $3,029 $159,049 $0 $0
2016 $3,243 $159,819 $0 $0
2015 $2,879 $145,290 $0 $0
2014 $3,280 $161,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Francesco Cecchini

    Landlord's Agent in 2019

    Francesco Cecchini

    Miami Dreams Realty Inc.

    (786) 356-4153

    23 in this area

    47 Total Sales

    Francesco Cecchini
    Section Image
  • Alexandra Wells

    Tenant's Agent in 2019

    Alexandra Wells

    Elite Oceanview Realty

    (414) 248-0829

    14 Total Sales

    Alexandra Wells
    Section Image

  • E

    Seller's Agent in 2015

    Esteban Serrano

    Royal Realtors Group

    (305) 428-3778

    5 in this area

    10 Total Sales

    Esteban Serrano
    Section Image

  • Y

    Buyer's Agent in 2015

    Yamilka Missair

    Keller Williams Realty Miami Beach

    (305) 695-1112

    1 Total Sale

    Yamilka Missair
    Section Image
  • Jordan Lederman

    Seller's Agent in 2014

    Jordan Lederman

    Fortune International Realty

    (248) 701-5200

    72 Total Sales

    Jordan Lederman
    Section Image
  • Mario Avalos

    Seller's Agent in 2012

    Mario Avalos

    K & A Realty

    (305) 305-1535

    4 in this area

    241 Total Sales

    Mario Avalos
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10714884

MIAMI REALTORS® MLS

APN: 02-3234-129-0050

Florida Miami/Dade County Miami Beach 33139 Flamingo

1551 Michigan Ave Unit 5, Miami Beach, FL

This home is located at 1551 Michigan Ave Unit 5, Miami Beach, FL 33139 since 30 July 2019 and is currently priced at $259,056. This property was built in 1954. 1551 Michigan Ave Unit 5 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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