NOT LISTED FOR SALE

1572 Meridian Ave Unit 3 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $460,000 - $525,000

2 Beds
2 Baths
800 Sq Ft
$685/mo HOA Fee

Last Sold March 01, 2023

Last sale price $486,000 $608 Per Sq Ft

Current estimated payment $3,932/month

41 Days on Market

Highlights

  • Intercom to Front Desk
  • Views
  • Central Heating and Cooling System
  • Wood Flooring

About This Home

As of March 2023

*Multiple Offer Received. Highest and Best due by end of day 1-24-2023* Welcome home to this wonderful condo in the heart of Miami Beach!! This unit is located in a stunning court yard complex and offers an open living room with decorative fireplace and large windows which flood the space with natural light; an eat-in kitchen with sub-zero fridge and loads of storage and counter space; a large primary suite with attached bath; an office/den/2nd bedroom with floor to ceiling windows; and a second full bath. Just steps to all of the world class shopping, dining and entertainment options on Lincoln Ave and and the beach! This is a true must see.

Last Agent to Sell the Property

Anthony Disano

Parkvue Realty Florida, LLC License #3341604 Listed on: 01/18/2023

Last Buyer's Agent

Lorenzo Ramos

Coldwell Banker Realty License #3297241

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1935

HOA Fees

  • $685 Monthly HOA Fees

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-140-0030

Community Details

Overview

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

Pet Policy

  • Breed Restrictions

Additional Features

  • Intercom to Front Desk
  • Secure Stairs

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,609

Year Built

Built in 1935

Lot Details

0

HOA Fees

$685 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: From I-195, East Alton Road Exit South. Slight right on Alton Road. Left on 16th Street. Right on Meridian Ave. Unit on the right.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE PALM RESIDENCES SO BC
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 4116

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 800
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Palm Residences
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Intercom In Lobby, Stairs Secured

Condo/Co-op/Association

  • Association Fee: 685
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-140-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 15, 2023
Sold by
Truman 2016 Sc6 Title Trust
Bought by
Agble Neil
Seller's Agent
Anthony Disano
Parkvue Realty Florida, LLC
Buyer's Agent
Lorenzo Ramos
Coldwell Banker Realty
List Price
$450,000
Sold Price
$486,000
Premium/Discount to List
$36,000
8%
Total Days on Market
41
Views
137
Current Estimated Value
$483,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,353
Avg. Annual Appreciation
-0.21%
Original Mortgage
$336,000
Outstanding Balance
$326,986
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$156,661

Purchase Details

Closed on
Dec 9, 2022
Sold by
Bevans Mary
Bought by
Truman 2016 Sc6 Title Trust

Purchase Details

Closed on
Dec 10, 2012
Sold by
Bevans Mary
Bought by
U S Bank Na

Purchase Details

Closed on
Sep 12, 2012
Sold by
Bevans Mary
Bought by
Us Bank Na Trs

Purchase Details

Closed on
Jul 18, 2011
Sold by
Ies Holdings Llc
Bought by
Striding Figure Holdings Llc

Purchase Details

Closed on
Apr 12, 2011
Sold by
Bevans Mary
Bought by
Ies Holdings Llc

Purchase Details

Closed on
Jun 30, 2003
Sold by
Smith David L
Bought by
Mills Richard M and Carter Leigh G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2002
Sold by
Centre Sun I
Bought by
Smith David L
Source: Public Records

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Range of Values:

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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
Agble Neil $486,000 --
Truman 2016 Sc6 Title Trust $315,100 --
U S Bank Na $200 None Available
Us Bank Na Trs $200 --
Striding Figure Holdings Llc $1,500 None Available
Ies Holdings Llc $14,600 None Available
Mills Richard M $308,000 --
Smith David L $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agble Neil $336,000
Previous Owner Bevans Mary $312,000
Previous Owner Mills Richard M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $486,000 +8.0% $608 / Sq Ft
01/18/2023 01/18/23 For Sale $450,000 0.0% $563 / Sq Ft
12/01/2014 12/01/14 Rented $2,300 -8.0% --
11/01/2014 11/01/14 Under Contract -- -- --
10/01/2014 10/01/14 For Rent $2,500 +16.3% --
09/26/2013 09/26/13 Rented $2,150 -2.3% --
08/27/2013 08/27/13 Under Contract -- -- --
08/08/2013 08/08/13 For Rent $2,200 -- --
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: A11329340

MIAMI REALTORS® MLS

APN: 02-3234-140-0030