$560,000
SOLD MAR 31, 2023 RENTED JAN 22, 2025

1569 Michigan Ave Unit 12 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
2 Baths
920 Sq Ft
$1,153/mo HOA Fee

Recently Sold

$609 Per Sq Ft

1% Below List Price

67 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Central Heating and Cooling System
  • Garden View
  • Courtyard
  • Combination Dining and Living Room

About This Home

As of March 2023

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 Artdeco buildings, surrounded by manicured gardens for a peaceful & private setting. Number 12 is a spacious & stylish 2 bedroom with 920SF of living space & charming outdoor terrace boasting natural hardwood floors, European kitchen w/ new appliances & beautifully tiled bathrooms. Additional features include recessed lighting & custom wardrobes for ample storage. Located just one block from Lincoln Road, this South Beach gem offers easy access to the best that Miami Beach has to offer. Whether you're looking for a pied-à-terre or a permanent residence, the Metropolis of South Beach is the perfect place to call home

Last Agent to Sell the Property

Miltiadis Kastanis

Compass Florida, LLC. License #3301126

Compass Florida, LLC.

Co-Listed By

James Hait

Douglas Elliman License #3461714

Last Buyer's Agent

Janelle Jay

Compass Florida, LLC. License #3361978

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1937

HOA Fees

  • $1,153 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Courtyard

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-116-0120

Community Details

Overview

  • Metropolis Condos
  • The Metropolis Of South B,Metropolis Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,974

Year Built

Built in 1937

Lot Details

0

HOA Fees

$1,153 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE METROPOLIS OF SOUTH B,METROPOLIS
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 920
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: METROPOLIS
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1153
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-116-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4974

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%
Total Days on Market
67
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

Map

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 Type Sale Price Title Company
Warranty Deed $560,000 Ads Title
Warranty Deed $330,000 Attorney
Corporate Deed $281,000 Buyers Title Inc
Trustee Deed $140,000 None Available
Warranty Deed $480,000 Attorney
Warranty Deed $259,000 Union Title Services Inc
Warranty Deed $205,000 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $392,000 Unknown
Previous Owner $207,200 Unknown
Closed $25,900 No Value Available
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 -- --
Source: MIAMI REALTORS® MLS

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

Source: MIAMI REALTORS® MLS

MLS Number: A11317699

MIAMI REALTORS® MLS

APN: 02-3234-116-0120