$555,000 - $646,000
RENTED JAN 22, 2025

1569 Michigan Ave Unit 12 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
2 Baths
920 Sq Ft
$654 Price per Sq Ft

Last Sold March 31, 2023

Last sale price $560,000 $609 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,799/month

About This Home

As of March 2023

FULLY FURNISHED & READY TO MOVE IN! Spacious & stylish 2 bedroom apartment with a charming outdoor terrace boasting natural hardwood floors, European kitchen with new appliances, beautiful bathrooms and impact windows. Additional features include: in-unit washer & dryer, recessed lighting and custom wardrobes for ample storage. The Metropolis of South Beach is a small, exclusive condo complex located in the heart of Miami Beach. This intimate community features 13 condos housed in beautifully restored Art deco buildings, surrounded by manicured gardens for a peaceful & private setting. Located just one block from Lincoln Road and Alton Road, this South Beach gem offers easy access to the best that Miami Beach has to offer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Mar 31, 2023
Sold by
Salt7 Llc
Bought by
Schad James
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC.
Buyer's Agent
Janelle Jay
Compass Florida, LLC.
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%
Views
63
Current Estimated Value
$601,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,445
Avg. Annual Appreciation
3.38%

Purchase Details

Listed on
Sep 13, 2018
Closed on
Feb 18, 2019
Sold by
Baldi Marcello
Bought by
Salt7 Llc
Seller's Agent
Matt Joseph
West Avenue Realty
Buyer's Agent
Miltiadis Kastanis
Compass Florida, LLC.
List Price
$439,000
Sold Price
$330,000
Premium/Discount to List
-$109,000
-24.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Sep 8, 2010
Sold by
Gmac Mortgage Llc
Bought by
Baldi Marcello

Purchase Details

Closed on
Aug 4, 2009
Sold by
Espinosa Carolina
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Feb 1, 2006
Sold by
Bragg Ehren and Hutton Nigel F
Bought by
Espinosa Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2004
Sold by
Filby Mariko
Bought by
Bragg Ehren and Hutton Nigel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2001
Sold by
Alain and Sutter Melanie
Bought by
Filby Mariko

Purchase Details

Closed on
Feb 24, 1999
Sold by
The Metropolis Of South Beach Inc
Bought by
Sutter Alain and Sutter Melanie

Range of Values:

Collateral Analytics

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ICE

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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
Schad James $560,000 Ads Title
Salt7 Llc $330,000 Attorney
Baldi Marcello $281,000 Buyers Title Inc
Gmac Mortgage Llc $140,000 None Available
Espinosa Carolina $480,000 Attorney
Bragg Ehren $259,000 Union Title Services Inc
Filby Mariko $205,000 --
Sutter Alain $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinosa Carolina $392,000
Previous Owner Bragg Ehren $207,200
Closed Bragg Ehren $25,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Rented $3,700 -1.3% --
12/06/2024 12/06/24 For Rent $3,750 0.0% --
03/31/2023 03/31/23 Sold $560,000 -3.4% $609 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $580,000 -3.3% $630 / Sq Ft
01/16/2023 01/16/23 Price Changed $600,000 +6.2% $652 / Sq Ft
12/28/2022 12/28/22 For Sale $565,000 +71.2% $614 / Sq Ft
02/22/2019 02/22/19 Sold $330,000 -2.7% $359 / Sq Ft
01/22/2019 01/22/19 Price Changed $339,000 -8.1% $368 / Sq Ft
12/06/2018 12/06/18 Price Changed $369,000 -7.5% $401 / Sq Ft
10/15/2018 10/15/18 Price Changed $399,000 -2.4% $434 / Sq Ft
10/10/2018 10/10/18 Price Changed $409,000 -6.8% $445 / Sq Ft
09/12/2018 09/12/18 For Sale $439,000 0.0% $477 / Sq Ft
06/08/2012 06/08/12 Rented $2,000 -14.9% --
05/09/2012 05/09/12 Under Contract -- -- --
04/18/2012 04/18/12 For Rent $2,350 -- --

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
2024 $5,188 $395,200 -- --
2023 $5,188 $258,335 $0 $0
2022 $4,974 $234,850 $0 $0
2021 $4,122 $213,500 $0 $0
2020 $4,921 $254,200 $0 $0
2019 $6,007 $310,000 $0 $0
2018 $6,286 $372,560 $0 $0
2017 $6,034 $284,491 $0 $0
2016 $5,858 $258,629 $0 $0
2015 $5,704 $235,118 $0 $0
2014 $4,687 $213,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janelle Jay

    Seller's Agent in 2025

    Janelle Jay

    Compass Florida, LLC.

    (305) 205-2503

    7 in this area

    46 Total Sales

    Janelle Jay
    Section Image
  • Miltiadis Kastanis

    Seller's Agent in 2023

    Miltiadis Kastanis

    Compass Florida, LLC.

    (305) 677-5000

    1 in this area

    75 Total Sales

    Miltiadis Kastanis
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    James Hait

    Douglas Elliman

    (305) 677-5000

    1 in this area

    36 Total Sales

    James Hait
    Section Image
  • Matt Joseph

    Seller's Agent in 2019

    Matt Joseph

    West Avenue Realty

    (786) 999-9739

    17 Total Sales

    Matt Joseph
    Section Image

  • S

    Seller's Agent in 2012

    Sylvia Surmanski

    West Avenue Realty

    2 in this area

    18 Total Sales

    Sylvia Surmanski
    Section Image

  • A

    Buyer's Agent in 2012

    Annie Cepero

    Mitchell International Rlty

    (786) 269-4712

    17 Total Sales

    Annie Cepero
    Section Image
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Map

Florida Miami/Dade County Miami Beach 33139 Flamingo

1569 Michigan Ave Unit 12, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 1569 Michigan Ave Unit 12, Miami Beach, FL 33139 and is currently estimated at $601,445, approximately $653 per square foot. 1569 Michigan Ave Unit 12 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.

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