1559 Michigan Ave Unit 201 Miami Beach, FL 33139
Flamingo Neighborhood
2
Beds
1
Bath
792
Sq Ft
$530/mo
HOA Fee
Highlights
- Newly Remodeled
- Breakfast Area or Nook
- Views
- Wood Flooring
- Bike Room
- Central Heating and Cooling System
About This Home
As of October 2024Remarkably updated 2 bedroom condo in the heart of South Beach. Close proximity to World renowned Lincoln Road! Clean lines and a contemporary design will have you call this place home upon entering the residence. Completely remodeled open gourmet kitchen with waterfall quartz counter & backsplash, Samsung stovetop, microwave, and dishwasher. Nest thermostat and LED high hats to make this energy efficient home a winner. Bosch Washer & ventless Dryer in unit. Beautiful french oak whitewashed wood floors with dark wood accent columns add to the character of the home.
Last Agent to Sell the Property
FI Real Estate Brokerage LLC License #3346917 Listed on: 05/14/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,344
Year Built
- Built in 1925 | Newly Remodeled
Lot Details
- West Facing Home
- Fenced
HOA Fees
- $530 Monthly HOA Fees
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 792 Sq Ft Home
- 3-Story Property
- Family or Dining Combination
- Property Views
Kitchen
- Breakfast Area or Nook
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- On-Street Parking
- Open Parking
Eco-Friendly Details
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-34-152-0070
Community Details
Overview
- 16 Units
- Club Membership Required
- Low-Rise Condominium
- Lincoln View Condo
- Lincoln View Condo Subdivision
Amenities
- Trash Chute
- Bike Room
Pet Policy
- Breed Restrictions
Building Details
Security
- Complex Is Fenced
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Oct 7, 2024
Sold by
Blanquart Victor and Mejia Juliana
Bought by
Ruocchio Cynthia
Seller's Agent
Marta Arango
United Realty Group - Weston
Buyer's Agent
Julissa Duarte
One Sotheby's International Re
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,958
Avg. Annual Appreciation
-3.46%
Original Mortgage
$255,000
Outstanding Balance
$252,818
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$189,224
Purchase Details
Listed on
May 14, 2018
Closed on
Jul 26, 2018
Sold by
Zenginov Tchanko and Nussbaumer Gerhard
Bought by
Blanquart Victor
Seller's Agent
Richard Santiago
FI Real Estate Brokerage LLC
Buyer's Agent
Jerome Morlot
EXP Realty LLC
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$236,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2006
Sold by
Zenginov Tchanko and Moeller Sascha
Bought by
Zenginov Tchanko and Nussbaumer Gerhard
Purchase Details
Closed on
Mar 26, 2004
Sold by
1559 Michigan Lc
Bought by
Zenginov Tchanko and Nussbaumer Gerhard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.53%
Mortgage Type
Unknown
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | Amb Title Llc | |
| Warranty Deed | $315,000 | Attorney | |
| Interfamily Deed Transfer | -- | South Pointe Title Company | |
| Special Warranty Deed | $225,000 | South Pointe Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,000 | New Conventional | |
| Previous Owner | $237,000 | New Conventional | |
| Previous Owner | $236,250 | New Conventional | |
| Previous Owner | $180,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $455,000 | -4.2% | $574 / Sq Ft |
| 08/17/2024 08/17/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $475,000 | +50.8% | $600 / Sq Ft |
| 07/26/2018 07/26/18 | Sold | $315,000 | -6.0% | $398 / Sq Ft |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 05/14/2018 05/14/18 | For Sale | $335,000 | -- | $423 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $4,341 | $324,576 | -- | -- |
| 2024 | $4,145 | $203,280 | -- | -- |
| 2023 | $4,145 | $184,800 | $0 | $0 |
| 2022 | $3,157 | $168,000 | $0 | $0 |
| 2021 | $3,423 | $177,300 | $0 | $0 |
| 2020 | $3,612 | $186,600 | $0 | $0 |
| 2019 | $4,821 | $248,800 | $0 | $0 |
| 2018 | $4,253 | $226,176 | $0 | $0 |
| 2017 | $4,344 | $216,290 | $0 | $0 |
| 2016 | $4,034 | $196,628 | $0 | $0 |
| 2015 | $3,901 | $178,753 | $0 | $0 |
| 2014 | $3,573 | $162,503 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Marta Arango
United Realty Group - Weston
(954) 990-9771
1 in this area
4 Total Sales
-
Buyer's Agent in 2024
Julissa Duarte
One Sotheby's International Re
(786) 246-0749
3 in this area
18 Total Sales
-
R
Seller's Agent in 2018
Richard Santiago
FI Real Estate Brokerage LLC
(917) 690-1930
1 in this area
24 Total Sales
-
Buyer's Agent in 2018
Jerome Morlot
EXP Realty LLC
(786) 564-7790
12 in this area
30 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10466305
APN: 02-3234-152-0070
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