NOT LISTED FOR SALE

1560 NE 127th St Unit 210 North Miami, FL 33161

Estimated Value: $228,682

2 Beds
2 Baths
1,230 Sq Ft
1963 Built

Last Sold November 24, 2021

Last sale price $165,600 $135 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,203/month

32 Days on Market

Highlights

  • Home fronts a canal
  • Great Room
  • Screened Balcony
  • End Unit
  • Community Pool
  • Closet Cabinetry

About This Home

As of November 2021

AMAZING opportunity! RARELY AVAILABLE 2/2 condo in a convenient location in North Miami. This spacious corner-unit is the largest floor plan in the building, with tile flooring, an expansive living area, LOTS OF CLOSETS, large bedrooms, a NEWER MASTER BATH (2019 w/permits), and peaceful balcony with a pool+canal view. The complex has a POOL, laundry facilities on every floor, and guest parking. One parking spot for the unit. Lease after 1 yr. Similar units rent for $1600+/-. Two blocks from Biscayne Blvd, walking distance to Whole Foods, TJ Maxx and more! 10 min drive to Miami Beach. Qualified buyers can BUY WITH AS LITTLE AS 5% DOWN! 2 PETS under 20 Lbs allowed.

Last Agent to Sell the Property

Andrea Arencibia-Moore

Compass Florida, LLC License #3348947 Listed on: 09/30/2021

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $462

Year Built

  • Built in 1963

Lot Details

  • Home fronts a canal
  • End Unit
  • North Facing Home

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Balcony

Schools

  • David Lawrence Jr K-8 Elementary School
  • North Miami Middle School
  • Alonzo And Tracy Mourning Sr. High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 06-22-29-102-0190

Community Details

Overview

  • Property has a Home Owners Association
  • 1560 Coral Terrace Condo
  • 1560 Coral Terrace Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Laundry Facilities
  • Maintenance Expense $383

Property Details

Home Type

Condominium

Est. Annual Taxes

$462

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1560 CORAL TERRACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Family Room, Great Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1230
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Master Bath Shower
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Great Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Canal, Pool Area View
  • Exterior Features: Exterior Cat Walk, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1560 CORAL TERRACE CONDO
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: No Security

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: David Lawrence Jr K-8
  • High School: Alonzo and Tracy Mourning Sr. High
  • Middle Or Junior School: North Miami

Lot Info

  • Parcel Number: 06-22-29-102-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 462

Multi Family

  • Maintenance Expense: 383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 24, 2021
Sold by
Acosta Edgardo
Bought by
Webb Faithlyn A
Seller's Agent
Andrea Arencibia-Moore
Compass Florida, LLC
Sold Price
$165,600
Current Estimated Value
$228,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,082
Avg. Annual Appreciation
8.56%
Original Mortgage
$124,200
Outstanding Balance
$114,201
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$114,481

Purchase Details

Closed on
Jul 31, 2003
Sold by
Lopez Jaime
Bought by
Acosta Edgardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2001
Sold by
William Lee M and William Carolyn Lee
Bought by
Lopez Jaime

Purchase Details

Closed on
Sep 11, 2000
Sold by
1560 Coral Terrace Corp
Bought by
Lee William and Lee Carolyn

Purchase Details

Closed on
May 13, 1998
Sold by
Gregory and Lee Grace
Bought by
Lee Caroline
Source: Public Records

Range of Values:

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Average Value
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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
Webb Faithlyn A $165,600 Structure Title Services Inc
Acosta Edgardo $87,500 Extreme Title Company Inc
Lopez Jaime $45,000 --
Lee William $100 --
Lee Caroline $12,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Faithlyn A $124,200
Previous Owner Acosta Edgardo $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $165,600 +10.5% $135 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/14/2021 10/14/21 For Sale -- -- --
10/08/2021 10/08/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $149,900 -- $122 / 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 -- $145,247 -- --
2024 -- $141,154 -- --
2023 $0 $137,043 $0 $0
2022 $0 $133,052 $0 $0
2021 $475 $45,768 $0 $0
2020 $462 $45,137 $0 $0
2019 $440 $44,123 $0 $0
2018 $413 $43,301 $0 $0
2017 $397 $42,411 $0 $0
2016 $383 $41,539 $0 $0
2015 $390 $41,251 $0 $0
2014 $388 $40,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrea Arencibia-Moore

    Compass Florida, LLC

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11105429

MIAMI REALTORS® MLS

APN: 06-2229-102-0190

Florida Miami/Dade County North Miami 33161

1560 NE 127th St Unit 210, North Miami, FL

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