NOT LISTED FOR SALE

1600 Pennsylvania Ave Unit 7 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $183,928 - $354,000

-- Bed
1 Bath
439 Sq Ft
$800/mo HOA Fee

Last Sold October 16, 2023

Last sale price $200,000 $456 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,386/month

342 Days on Market

Highlights

  • Skyline View
  • Brick Front
  • Studio bedroom
  • Furnished
  • Cooling Available
  • 4-minute walk to SoundScape Park

About This Home

As of October 2023

SPACIOUS STUDIO FOR SALE LOCATED IN A ART DECO BUILDING IN THE HEART OF SOUTH BEACH JUST A FEW STEPS AWAY FROM LINCOLN ROAD AND THE BEACH!!! An amazing opportunity to buy a condo studio unit with a high rental income. The Studio has been renovated, walking distance to the beach, Lincoln Rd, Espanola Way, restaurants, nightlife, entertainment, etc. Laundry facilities on site (loundry belongs to the condo).
Roof new special Assessments.
Low Association Fee includes water, trash and outside maintenance. This will sell fast!

Last Agent to Sell the Property

Giovanni Paoletti

The Keyes Company Brokerage Phone: 786-580-1167 License #3553361 Listed on: 11/07/2022

The Keyes Company

Last Buyer's Agent

Ugo Cortesano

Corte Real Estate Group LLC License #3358320

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1953

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Brick Front

Interior Spaces

  • 439 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Skyline Views
  • Microwave

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Accessible Home Design

  • Handicap Accessible

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-235-0060

Community Details

Overview

  • 1600 Pennsylvania Condo
  • 1600 Pennsylvania Ave Con Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,500

Year Built

Built in 1953

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1600 PENNSYLVANIA AVE CON
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 786-580-1167
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Handicap Accessible, Other
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 1
  • Flooring: Carpet, Other, Parquet
  • Furnished: Furnished
  • Living Area: 439
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: None, Other, Studio
  • Dining Room Features: Other
  • Living Room Features: Other
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View, Skyline, None
  • Exterior Features: None, Other
  • Construction Type: Brick, Concrete Block With Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1600 Pennsylvania condo
  • Open Parking: Yes
  • Parking Features: None, Other, On Street

Utilities

  • Cooling: Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Security: Smoke Detector, No Burglar Alarm, No Security, Other

Condo/Co-op/Association

  • Association Fee: 800
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-235-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Chloe Investments 2013 Llc
Bought by
Idm Developments Llc
Current Estimated Value
$246,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,750,547
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$2,503,815

Purchase Details

Listed on
Nov 7, 2022
Closed on
Oct 11, 2023
Sold by
Oexp Llc
Bought by
Chloe Investments 2013 Llc
Seller's Agent
Giovanni Paoletti
The Keyes Company
Buyer's Agent
Ugo Cortesano
Corte Real Estate Group LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$265,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2015
Sold by
Fast 1600 Inc
Bought by
Oexp Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Idm Developments Llc $5,700,000 None Listed On Document
Idm Developments Llc $5,700,000 None Listed On Document
Chloe Investments 2013 Llc $320,000 None Listed On Document
Oexp Llc $210,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idm Developments Llc $2,800,000
Closed Idm Developments Llc $2,800,000
Previous Owner Chloe Investments 2013 Llc $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $200,000 -7.0% $456 / Sq Ft
05/05/2023 05/05/23 For Sale $215,000 +7.5% $490 / Sq Ft
05/02/2023 05/02/23 Off Market $200,000 -- --
11/28/2022 11/28/22 Price Changed $215,000 -14.0% $490 / Sq Ft
11/07/2022 11/07/22 For Sale $250,000 0.0% $569 / Sq Ft
07/16/2019 07/16/19 Rented $1,150 0.0% --
07/14/2019 07/14/19 Under Contract -- -- --
06/25/2019 06/25/19 Price Changed $1,150 -4.2% $3 / Sq Ft
06/24/2019 06/24/19 Price Changed $1,200 -14.3% $3 / Sq Ft
05/07/2019 05/07/19 For Rent $1,400 0.0% --
12/11/2017 12/11/17 Rented $1,400 0.0% --
10/30/2017 10/30/17 For Rent $1,400 -22.2% --
10/31/2015 10/31/15 Rented $1,800 0.0% --
10/01/2015 10/01/15 Under Contract -- -- --
06/19/2015 06/19/15 For Rent $1,800 -- --
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 $3,026 $161,028 -- --
2024 $2,898 $161,028 -- --
2023 $2,898 $153,360 $0 $0
2022 $2,668 $142,000 $0 $0
2021 $2,527 $130,900 $0 $0
2020 $2,815 $145,400 $0 $0
2019 $3,132 $161,600 $0 $0
2018 $3,109 $170,085 $0 $0
2017 $2,816 $147,900 $0 $0
2016 $3,302 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Giovanni Paoletti

    The Keyes Company

    (786) 580-1167

    1 in this area

    2 Total Sales

    Giovanni Paoletti
    Section Image
  • Ugo Cortesano

    Buyer's Agent in 2023

    Ugo Cortesano

    Corte Real Estate Group LLC

    (786) 942-3238

    1 in this area

    2 Total Sales

    Ugo Cortesano
    Section Image
  • Giorgio Picinelli

    Seller's Agent in 2019

    Giorgio Picinelli

    SOBE International Realty

    (305) 335-3449

    9 in this area

    57 Total Sales

    Giorgio Picinelli
    Section Image

  • D

    Buyer's Agent in 2019

    Dennis Bartolotta

    Miami Dreams Realty Inc.

    (786) 461-8996

    2 in this area

    4 Total Sales

    Dennis Bartolotta
    Section Image
  • Elena Giuliano

    Buyer's Agent in 2017

    Elena Giuliano

    I Home Miami

    (305) 695-6300

    2 in this area

    17 Total Sales

    Elena Giuliano
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11296008

MIAMI REALTORS® MLS

APN: 02-3234-235-0060

Florida Miami/Dade County Miami Beach 33139 Flamingo

1600 Pennsylvania Ave Unit 7, Miami Beach, FL

This home is located at 1600 Pennsylvania Ave Unit 7, Miami Beach, FL 33139 since 07 November 2022 and is currently estimated at $246,732, approximately $562 per square foot. This property was built in 1953. 1600 Pennsylvania Ave Unit 7 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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