$385,000
SOLD MAR 17, 2014

1572 Meridian Ave Unit 4 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
2 Baths
800 Sq Ft
$475/mo HOA Fee

Recently Sold

$481 Per Sq Ft

8% Below List Price

47 Days on Market

Highlights

  • Marble Flooring
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Closet Cabinetry
  • Garden View
  • L-Shaped Dining Room
  • Courtyard

About This Home

As of March 2025

Stunning Mediterranean renovation. Top floor corner flooded with light, steps to Lincoln Rd and blocks to the beach. Entire complex gutted and restored with upscale finishes: cherry/granite kitchen, SubZero/Bosch/Dynasty appliances, rare gas cooking, wash er/dryer. Marble baths, Grohe/Toto fixtures, Jacuzzi tub. Spacious living rm w/ fplc, dining area. Sunrm/office can easily be converted back to 2nd bedrm. Beautiful intimate complex (12 units in 3 bldgs), lush gated courtyard w/ fountain, patio/BBQ area.

Last Agent to Sell the Property

Chris Jenkins

MMLS Assoc.-Inactive Member License #3028722 Listed on: 01/04/2014

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Marc Sacheli

Sterling Equity Realty LLC License #3222170

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1935

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • French Doors
  • L-Shaped Dining Room
  • Garden Views
  • Security System Owned

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard
  • Outdoor Grill

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-140-0040

Community Details

Overview

  • 12 Units
  • The Palm Residences Condos

Amenities

  • Community Barbecue Grill

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,511

Year Built

Built in 1935

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Directions: MAIN ENTRANCE ON MERIDIAN AT SW CORNER OF MERIDIAN AND 16TH ST
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, French Doors, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 800
  • Possible Use: Secondary
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: L Shaped Dining
  • Master Bathroom Features: Combination Tub & Shower, Whirlpool/Spa

Exterior Features

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

Garage/Parking

  • Park Building Name: The Palm Residences
  • 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: Owned Burglar Alarm, Smoke Detector, Complex Fenced, Phone Entry, Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 475
  • Amenities: Barbecue, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-140-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 3, 2025
Sold by
Pipko Hagai and Rud Ksenia
Bought by
Timur Mesut and Timur Aysenur
Seller's Agent
Charlotte Joncquiert
MMLS Assoc.-Inactive Member
Buyer's Agent
Robert Posner
Brown Harris Stevens
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
11
Current Estimated Value
$498,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,895
Avg. Annual Appreciation
-2.35%
Original Mortgage
$400,000
Outstanding Balance
$394,499
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$100,654

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 9, 2023
Sold by
Lourdes Pavio Llc
Bought by
Pipko Hagai and Rud Ksenia
Seller's Agent
Marc Sacheli
Sterling Equity Realty LLC
Buyer's Agent
Charlotte Joncquiert
MMLS Assoc.-Inactive Member
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Listed on
Jan 4, 2014
Closed on
Mar 12, 2014
Sold by
Albert Marc E
Bought by
Lourdes Pavio Llc
Seller's Agent
Chris Jenkins
MMLS Assoc.-Inactive Member
Buyer's Agent
Marc Sacheli
Sterling Equity Realty LLC
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Jul 8, 2013
Sold by
Ablert Marc E
Bought by
Ablert Marc E
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 $500,000 Florida Title
Warranty Deed $500,000 Florida Title
Warranty Deed $425,000 Clear Title
Warranty Deed $385,000 None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $500,000 -9.1% $625 / Sq Ft
01/10/2025 01/10/25 For Sale $550,000 +29.4% $688 / Sq Ft
01/09/2023 01/09/23 Sold $425,000 -4.5% $531 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $445,000 0.0% $556 / Sq Ft
03/14/2018 03/14/18 Rented $2,475 0.0% --
03/07/2018 03/07/18 Under Contract -- -- --
02/05/2018 02/05/18 Price Changed $2,475 -4.8% $3 / Sq Ft
01/15/2018 01/15/18 For Rent $2,600 +8.3% --
03/15/2017 03/15/17 Rented $2,400 -14.3% --
02/13/2017 02/13/17 Off Market $2,800 -- --
01/06/2017 01/06/17 For Rent $2,800 +3.7% --
03/10/2016 03/10/16 Rented $2,700 -3.6% --
02/25/2016 02/25/16 Under Contract -- -- --
02/03/2016 02/03/16 For Rent $2,800 +3.7% --
03/25/2015 03/25/15 Rented $2,700 -3.6% --
02/23/2015 02/23/15 Under Contract -- -- --
02/19/2015 02/19/15 For Rent $2,800 0.0% --
03/17/2014 03/17/14 Sold $385,000 -3.5% $481 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/04/2014 02/04/14 Price Changed $399,000 -4.8% $499 / Sq Ft
01/04/2014 01/04/14 For Sale $419,000 -- $524 / 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 $6,014 $371,726 -- --
2024 $5,505 $361,250 -- --
2023 $5,505 $261,800 $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 $5,981 $314,060 $0 $0
2016 $6,100 $314,060 $0 $0
2015 $6,222 $314,060 $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: A1887584

MIAMI REALTORS® MLS

APN: 02-3234-140-0040