NOT LISTED FOR SALE

1569 Michigan Ave Unit 9 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $476,000 - $634,000

2 Beds
2 Baths
920 Sq Ft
$759/mo HOA Fee

Last Sold March 19, 2020

Last sale price $318,000 $346 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $6,039/month

71 Days on Market

Highlights

  • Intercom to Front Desk
  • Old Spanish Architecture
  • Garden View
  • Wood Flooring
  • Main Floor Primary Bedroom
  • End Unit

About This Home

As of March 2020

Art Deco Charm in this immaculate 2 bedroom 2 bath condo 1 block from Lincoln Road. The unit was just renovated with 2 new bathrooms, new Italian porcelain tiles

Last Agent to Sell the Property

Brian Rokicki

Compass Florida, LLC License #3284358 Listed on: 12/03/2019

Compass Florida, LLC

Co-Listed By

Kevin Crego

Compass Florida, LLC License #3312507

Last Buyer's Agent

Omar Hernandez

Smart Luxe License #3014009

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1937

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $759 Monthly HOA Fees

Home Design

  • Old Spanish Architecture
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-116-0090

Community Details

Overview

  • 13 Units
  • The Metropolis Condos
  • The Metropolis Subdivision

Amenities

  • Intercom to Front Desk
  • Interior Hall

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,817

Year Built

Built in 1937

Lot Details

0

HOA Fees

$759 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Old Spanish
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: On the corner of 16th and Michigan
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE METROPOLIS
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, First Floor Entry, Closet Cabinetry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 920
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Entry Level, Master Bedroom Ground Level

Exterior Features

  • View: Garden View
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 759
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-116-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5817

Multi Family

  • Maintenance Expense: 759
  • Number Of Units In Community: 13
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2005
Sold by
Lockhard Jeffrey A and Nowicki Stephen G
Bought by
Thompson Jennie L and Levy Robert J
Current Estimated Value
$908,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Outstanding Balance
$136,145
Interest Rate
5.12%
Mortgage Type
Unknown
Estimated Equity
$394,712

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bragg Ehren and Hutton Nigel
Bought by
Lockard Jeffrey and Nowicki Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2003
Sold by
Vaughn G Steven
Bought by
Bragg Ehren and Hutton Nigel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.25%

Purchase Details

Closed on
Jul 16, 2001
Sold by
Victor Magide M and Victor Juanita Magide
Bought by
Vaughn G S

Purchase Details

Closed on
Mar 22, 1999
Sold by
The Metropolis Of South Beach Inc
Bought by
Magide Victor and Magide Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thompson Jennie L $347,000 --
Lockard Jeffrey $297,900 --
Bragg Ehren $185,000 --
Vaughn G S $179,900 --
Magide Victor $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Jennie L $277,600
Previous Owner Lockard Jeffrey $44,500
Previous Owner Bragg Ehren $148,000
Previous Owner Magide Victor $116,000
Closed Bragg Ehren $27,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $318,000 -2.2% $346 / Sq Ft
01/21/2020 01/21/20 Price Changed $325,000 -3.0% $353 / Sq Ft
12/03/2019 12/03/19 For Sale $335,000 0.0% $364 / Sq Ft
04/20/2017 04/20/17 Rented $2,300 0.0% --
02/22/2017 02/22/17 For Rent $2,300 -- --
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 $6,073 $312,584 -- --
2024 $5,188 $284,168 -- --
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 $5,817 $344,780 $0 $0
2017 $5,584 $263,268 $0 $0
2016 $5,421 $239,335 $0 $0
2015 $5,279 $217,578 $0 $0
2014 $4,338 $197,799 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10781151

MIAMI REALTORS® MLS

APN: 02-3234-116-0090