$310,000
SOLD JUN 18, 2019

1570 Meridian Ave Unit 7 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
2 Baths
800 Sq Ft
$598/mo HOA Fee

Recently Sold

$388 Per Sq Ft

4% Below List Price

15 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Den
  • Fireplace
  • Garden View
  • Breakfast Area or Nook
  • Closet Cabinetry

About This Home

As of August 2022

Your Miami Beach Mediterranean dream with low HOA! The Palm Residences South Beach is a meticulously-maintained, 12-unit complex with a landscaped tropical garden & serene shaded common areas. Steps to restaurants, cinema, theater, symphony, and the shops of Lincoln Road. This quiet 2nd-floor, 1 bed / 2 bath + den corner unit is sweetly designed, and as light & colorful as a box of elegant French macarons! Spacious layout features large windows throughout, a living room with high ceiling, classic fireplace, and dining nook. The sun-filled bedroom has a walk-in closet and renovated bathroom with tub. The airy den can be used as a study or enclosed to make a 2nd bedroom with its own remodeled bathroom. Kitchen with stainless steel appliances & gas stove. Washer/dryer. Owner is ready to sell.

Last Agent to Sell the Property

Geane Brito

Compass Florida, LLC. License #3248757 Listed on: 05/20/2019

Compass Florida, LLC.

Co-Listed By

Elizabeth Atlan

Compass Florida, LLC. License #3314816

Last Buyer's Agent

David Zippin

MMLS Assoc.-Inactive Member License #3204422

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,610

Year Built

  • Built in 1935 | Remodeled

HOA Fees

  • $598 Monthly HOA Fees

Home Design

  • Garden Apartment

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • French Doors
  • Den
  • Tile Flooring
  • Garden Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-140-0070

Community Details

Overview

  • 12 Units
  • The Palm Residences So Bc Condos
  • The Palm Residences So Bc Subdivision

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Barbecue Grill
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,610

Year Built

Built in 1935 | Remodeled

Lot Details

0

HOA Fees

$598 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: One block from Lincoln Road on Meridian Avenue!
  • 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 PALM RESIDENCES SO BC
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, French Doors, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 800
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: Other
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE PALM RESIDENCES SO BC
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 598
  • Amenities: Barbecue
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-140-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 11, 2022
Sold by
Brico Point Llc
Bought by
Boissinot Stephane
Seller's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
Buyer's Agent
Louis Guadagno
BHHS EWM Realty
List Price
$448,000
Sold Price
$420,000
Premium/Discount to List
-$28,000
-6.25%
Views
5
Current Estimated Value
$444,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,699
Avg. Annual Appreciation
5.24%
Original Mortgage
$294,000
Outstanding Balance
$282,096
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$207,179

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 18, 2019
Sold by
Perry Betsy F
Bought by
Brico Point Llc
Seller's Agent
Geane Brito
Compass Florida, LLC.
Buyer's Agent
David Zippin
MMLS Assoc.-Inactive Member
List Price
$322,500
Sold Price
$310,000
Premium/Discount to List
-$12,500
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Lowe Steven A and Lowe Joiwind
Bought by
Perry Betsy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
Stephens James M and Jenkins Chris A
Bought by
Mullaney Steven and Landy Joiwind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,100
Interest Rate
4.62%
Mortgage Type
Unknown
Source: Public Records

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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 $420,000 Arthur B Dalmeida Pa
Warranty Deed $310,000 Attorney
Warranty Deed $320,000 Attorney
Warranty Deed $347,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $330,100 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $2,500 0.0% --
02/10/2024 02/10/24 Under Contract -- -- --
02/06/2024 02/06/24 For Rent $2,500 0.0% --
08/08/2022 08/08/22 Sold $420,000 -2.3% $525 / Sq Ft
06/15/2022 06/15/22 Price Changed $430,000 -4.0% $538 / Sq Ft
06/03/2022 06/03/22 For Sale $448,000 +44.5% $560 / Sq Ft
06/18/2019 06/18/19 Sold $310,000 -3.9% $388 / Sq Ft
05/17/2019 05/17/19 For Sale $322,500 -- $403 / 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 $7,247 $396,865 -- --
2024 $6,521 $379,610 -- --
2023 $6,521 $345,100 $0 $0
2022 $4,472 $238,000 $0 $0
2021 $4,609 $238,700 $0 $0
2020 $4,621 $238,700 $0 $0
2019 $4,626 $238,700 $0 $0
2018 $5,610 $298,357 $0 $0
2017 $5,794 $298,582 $0 $0
2016 $5,585 $271,439 $0 $0
2015 $5,401 $246,763 $0 $0
2014 $4,558 $224,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10675497

MIAMI REALTORS® MLS

APN: 02-3234-140-0070