NOT LISTED FOR SALE

1570 Meridian Ave Unit 8 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $435,000 - $532,000

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

Last Sold February 18, 2022

Last sale price $410,000 $512 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,813/month

657 Days on Market

Highlights

  • Intercom to Front Desk
  • Skyline View
  • Fireplace
  • Newly Remodeled
  • Wood Flooring
  • High Impact Windows

About This Home

As of February 2022

One of a kind high-end Med-Deco renovation nested in beautiful intimate development (12units in 3bldgs), lush gated courtyard w/ fountain, patio, BBQ. Steps to Lincoln Rd & blocks to the beach. Turn-key amazing bright unit. Top floor one bedroom with two bathrooms and a Florida room that can be converted to second bedroom. This unique apartment was completely redone with upscale finishes - custom made kitchen cabinets with marble top, SubZero/Bosch/Dynasty appls, & hardwood floors.

Last Agent to Sell the Property

Paolo Coniglio

Compass Florida, LLC. License #3085755 Listed on: 04/07/2020

Compass Florida, LLC.

Last Buyer's Agent

Brie Segota

MMLS Assoc.-Inactive Member License #3426470

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1935 | Newly Remodeled

Lot Details

  • North Facing Home
  • Fenced

HOA Fees

  • $598 Monthly HOA Fees

Property Views

  • Skyline
  • Garden

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Blinds
  • Open Floorplan
  • Wood Flooring
  • Intercom Access

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-140-0080

Community Details

Overview

  • 12 Units
  • The Palm Residences Condos
  • The Palm Residences So Bc,The Palm Residences Subdivision, One Bedroom Two Bath Floorplan

Amenities

  • Intercom to Front Desk

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,626

Year Built

Built in 1935 | Newly 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, Penthouse
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Master Model: one bedroom two bath
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE PALM RESIDENCES SO BC,THE PALM RESIDENCES
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 800
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View, Other View, Skyline
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: Completely Renovated, New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Complex Fenced, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 598
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-140-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 598
  • Number Of Units In Community: 12
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Feb 14, 2022
Sold by
Andrea Gangale
Bought by
Reyes Luis Manuel and Martinez Vivian Iliana
Seller's Agent
Paolo Coniglio
Compass Florida, LLC.
Buyer's Agent
Brie Segota
MMLS Assoc.-Inactive Member
Sold Price
$410,000
Total Days on Market
657
Current Estimated Value
$477,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,857
Avg. Annual Appreciation
4.74%
Original Mortgage
$307,500
Outstanding Balance
$288,237
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$189,620

Purchase Details

Closed on
Jun 18, 2010
Sold by
Maldini Monica
Bought by
Gangale Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2008
Sold by
Macko Robert M and Caplan David L
Bought by
Maldini Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 3, 2005
Sold by
Macko Robert M and Caplan David L
Bought by
Macko Robert M and Caplan David L

Purchase Details

Closed on
Mar 15, 2004
Sold by
Rajendra Eric J and Bronfen Michael P
Bought by
Macko Robert M and Caplan David L
Source: Public Records

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Range of Values:

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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
Reyes Luis Manuel $410,000 Jeffrey S Hersh Pa
Gangale Andrea $299,300 None Available
Maldini Monica $345,000 Attorney
Macko Robert M -- --
Macko Robert M $310,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Luis Manuel $307,500
Previous Owner Gangale Andrea $160,000
Previous Owner Maldini Monica $241,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $410,000 -4.4% $513 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
10/11/2021 10/11/21 For Sale -- -- --
10/08/2021 10/08/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $429,000 +4.6% $536 / Sq Ft
07/27/2021 07/27/21 Off Market $410,000 -- --
07/26/2021 07/26/21 For Sale $429,000 +4.6% $536 / Sq Ft
07/21/2021 07/21/21 Off Market $410,000 -- --
07/20/2021 07/20/21 For Sale $429,000 +4.6% $536 / Sq Ft
07/02/2021 07/02/21 Off Market $410,000 -- --
07/01/2021 07/01/21 For Sale $379,000 -7.6% $474 / Sq Ft
06/02/2021 06/02/21 Off Market $410,000 -- --
05/29/2021 05/29/21 For Sale $379,000 -7.6% $474 / Sq Ft
03/08/2021 03/08/21 Off Market $410,000 -- --
07/18/2020 07/18/20 Rented $2,350 0.0% --
06/11/2020 06/11/20 For Rent $2,350 0.0% --
05/12/2020 05/12/20 Off Market $2,350 -- --
04/07/2020 04/07/20 For Sale $379,000 0.0% $474 / Sq Ft
03/25/2020 03/25/20 For Rent $2,350 +11.9% --
08/01/2017 08/01/17 Rented $2,100 -8.7% --
07/14/2017 07/14/17 Under Contract -- -- --
07/07/2017 07/07/17 Price Changed $2,300 -6.1% $3 / Sq Ft
05/17/2017 05/17/17 Price Changed $2,450 -3.9% $3 / Sq Ft
04/26/2017 04/26/17 Price Changed $2,550 -5.6% $3 / Sq Ft
03/21/2017 03/21/17 For Rent $2,700 +12.5% --
04/14/2016 04/14/16 Rented $2,400 -4.0% --
03/29/2016 03/29/16 Under Contract -- -- --
12/14/2015 12/14/15 For Rent $2,500 -- --
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
2024 $6,521 $396,865 -- --
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: A10843131

MIAMI REALTORS® MLS

APN: 02-3234-140-0080