$180,000
SOLD FEB 26, 2025 RENTED MAY 26, 2025
-- Bed
1 Bath
430 Sq Ft
$385/mo HOA Fee

Recently Sold

$419 Per Sq Ft

8% Below List Price

27 Days on Market

Highlights

  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Card or Code Access
  • Walk-In Closet
  • Views
  • Studio bedroom

About This Home

As of February 2025

Charming studio apartment located in the heart of Miami Beach, offering 430 sq ft of living space. Featuring an open floor plan, it is ideal for those looking to enjoy the vibrant South Beach lifestyle. With ample natural light, this unit offers the perfect mix of comfort and convenience. Situated just a short walk from Lincoln Road, shops, restaurants, and the beach, it’s a fantastic opportunity for both investors and those seeking a beachside retreat. *No Short Term rentals, Minimum 6 months to 1 year lease.

Last Agent to Sell the Property

Diana P Gomez

Keller Williams Capital Realty License #3264722 Listed on: 01/07/2025

Keller Williams Capital Realty

Last Buyer's Agent

Francesco Cecchini

Miami Dreams Realty Inc. License #3162699

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1947

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 430 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-119-0030

Community Details

Overview

  • Residence 1611 Condo
  • Residence 1611 Condo Subdivision

Amenities

  • Laundry Facilities
  • Interior Hall

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,841

Year Built

Built in 1947

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Condominium
  • Directions: Please use GPS.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RESIDENCE 1611 CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 430
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Studio

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Residence 1611 Condo
  • Parking Features: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 385
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-119-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 26, 2025
Sold by
Alzate Kevin Leonardo
Bought by
Pla Miami Investments Inc
Seller's Agent
Diana P Gomez
Keller Williams Capital Realty
Buyer's Agent
Francesco Cecchini
Miami Dreams Realty Inc.
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Total Days on Market
27
Views
42
Current Estimated Value
$182,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,739
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Jan 4, 2022
Sold by
Hilton Napoleon Ii
Bought by
Alzate Kevin Leonardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Napoleon Hilton
Bought by
Napoleon Hilton and Napoleon Diana Michele

Purchase Details

Closed on
Apr 26, 2013
Sold by
Hancock Jemal
Bought by
Napoleon Hilton

Purchase Details

Closed on
Mar 24, 2010
Sold by
Leas Bryan
Bought by
Hancock Jemal

Purchase Details

Closed on
Feb 13, 2006
Sold by
James F Perry & Co Inc
Bought by
Leas Bryan

Purchase Details

Closed on
Jan 19, 2006
Sold by
Regents Park Property Inc
Bought by
James F Perry & Co Inc

Purchase Details

Closed on
Jun 25, 1999
Sold by
1611 Euclid Avenue Inc
Bought by
Regents Bark Property Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.13%
Mortgage Type
New Conventional
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 $180,000 Title Guaranty Of South Florid
Warranty Deed $150,000 Boutique Title Partners
Interfamily Deed Transfer -- Attorney
Warranty Deed $25,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed $90,000 Attorney
Trustee Deed -- None Available
Trustee Deed $79,000 None Available
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 New Conventional
Previous Owner $70,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 Under Contract -- -- --
05/15/2025 05/15/25 For Rent $1,700 0.0% --
05/14/2025 05/14/25 Rented $1,700 0.0% --
05/05/2025 05/05/25 Under Contract -- -- --
04/25/2025 04/25/25 Price Changed $1,700 -2.9% $4 / Sq Ft
04/08/2025 04/08/25 Price Changed $1,750 -2.8% $4 / Sq Ft
03/09/2025 03/09/25 For Rent $1,800 0.0% --
02/26/2025 02/26/25 Sold $180,000 -7.7% $419 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $195,000 -- $453 / 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 $2,857 $151,200 -- --
2023 $2,857 $151,200 $0 $0
2022 $2,426 $123,200 $0 $0
2021 $2,163 $112,000 $0 $0
2020 $2,168 $112,000 $0 $0
2019 $2,678 $153,400 $0 $0
2018 $2,452 $153,408 $0 $0
2017 $2,361 $106,879 $0 $0
2016 $2,346 $97,163 $0 $0
2015 $2,294 $88,330 $0 $0
2014 $1,631 $80,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11719074

MIAMI REALTORS® MLS

APN: 02-3234-119-0030