$345,000
SOLD AUG 16, 2024

1605 Michigan Ave Unit 929 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
650 Sq Ft
$985/mo HOA Fee

Recently Sold

$531 Per Sq Ft

4% Below List Price

68 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • Garden View
  • Porch
  • Combination Kitchen and Dining Room

About This Home

As of August 2024

*reduced*
1939 CHARM, Unique style 1/1 with amazing details, live in a condo but have your outdoor garden and space..
Wood floors throughout, Central AC, Updated large kitchen with washer and dryer, fells like a house,
updated bathroom, feels. larger than sq footage...
tenant occupied mo/mo... call for a 24 hour notice showing....

Last Agent to Sell the Property

Lisa Bortman

Compass Florida, LLC. Brokerage Phone: 305-332-0345 License #0665321 Listed on: 05/24/2024

Compass Florida, LLC.

Last Buyer's Agent

Valerio Spinaci

Opera REI Inc License #3314298

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1938

HOA Fees

  • $985 Monthly HOA Fees

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-090-0050

Community Details

Overview

  • Exotic Villas Condos
  • The Exotic Villas Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,238

Year Built

Built in 1938

Lot Details

0

HOA Fees

$985 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE EXOTIC VILLAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-332-0345
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 650
  • Possible Use: Investment
  • Stories: 1
  • Bedroom Features: None
  • Dining Room Features: Breakfast Area, Kitchen Dining
  • Master Bathroom Features: None

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Exotic villas
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, No Security

Condo/Co-op/Association

  • Association Fee: 985
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-090-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 14, 2024
Sold by
Drew James and Bell Katherine
Bought by
La Bella Casetta Llc
Seller's Agent
Lisa Bortman
Compass Florida, LLC.
Buyer's Agent
Valerio Spinaci
Opera REI Inc
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 1, 2019
Sold by
Schoemann John D
Bought by
Montealegre Mariano R and Valdes Manuel
Seller's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
Buyer's Agent
Lisa Bortman
Compass Florida, LLC.
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$180,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2002
Sold by
Pareschi Sanzio
Bought by
Schoemann John D

Purchase Details

Closed on
Sep 21, 1999
Sold by
114 Clematis Inc
Bought by
Pareschi Sanzio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1995
Sold by
Exotic Villas Inc
Bought by
Marcus Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.22%
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 Type Sale Price Title Company
Warranty Deed $345,000 None Listed On Document
Warranty Deed $225,000 Attorney
Warranty Deed $130,000 --
Warranty Deed $95,000 --
Deed $70,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 New Conventional
Previous Owner $129,850 Fannie Mae Freddie Mac
Previous Owner $60,000 New Conventional
Previous Owner $56,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $365,000 -2.7% $562 / Sq Ft
05/28/2025 05/28/25 Price Changed $374,999 -1.3% $577 / Sq Ft
05/19/2025 05/19/25 Price Changed $379,999 -2.6% $585 / Sq Ft
05/01/2025 05/01/25 Price Changed $389,999 -2.5% $600 / Sq Ft
04/22/2025 04/22/25 Price Changed $399,999 -2.4% $615 / Sq Ft
04/10/2025 04/10/25 For Sale $410,000 +18.8% $631 / Sq Ft
08/16/2024 08/16/24 Sold $345,000 -1.1% $531 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $349,000 -2.8% $537 / Sq Ft
05/24/2024 05/24/24 For Sale $359,000 0.0% $552 / Sq Ft
01/15/2021 01/15/21 Rented $1,750 -2.8% --
01/12/2021 01/12/21 Under Contract -- -- --
12/21/2020 12/21/20 Price Changed $1,800 -2.7% $3 / Sq Ft
11/16/2020 11/16/20 For Rent $1,850 0.0% --
05/01/2019 05/01/19 Sold $225,000 0.0% $346 / Sq Ft
03/25/2019 03/25/19 Price Changed $225,000 -5.9% $346 / Sq Ft
01/11/2019 01/11/19 For Sale $239,000 -- $368 / 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
2024 $4,238 $235,462 -- --
2023 $4,238 $224,250 $0 $0
2022 $3,401 $173,470 $0 $0
2021 $3,045 $157,700 $0 $0
2020 $3,053 $157,700 $0 $0
2019 $3,395 $175,200 $0 $0
2018 $3,468 $184,410 $0 $0
2017 $3,902 $204,900 $0 $0
2016 $3,773 $187,825 $0 $0
2015 $3,383 $170,750 $0 $0
2014 $3,154 $155,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11594138

MIAMI REALTORS® MLS

APN: 02-3234-090-0050