$130,000
SOLD MAY 22, 2019

1611 Michigan Ave Unit 7 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
446 Sq Ft
1938 Built

Recently Sold

$291 Per Sq Ft

26% Below List Price

226 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Laundry Facilities
  • Old Spanish Architecture
  • Cooling Available
  • Fenced

About This Home

As of June 2025

40 Year Certification complete. Historic Spanish Mediterranean building steps to Lincoln Road. Great Investment Opportunity. First floor unit features brand new flooring & bathroom. Bldg. offers secure entry, indoor On Site Laundry. Perfect for landlords and investors, ok to lease 1st year. Bring all offers.

Last Agent to Sell the Property

Kevin Kavanaugh

Associates Realty License #3351011 Listed on: 09/17/2018

Co-Listed By

Romina Saaied

Associates Realty License #3416578

Last Buyer's Agent

Valerio Spinaci

Opera REI Inc License #3314298

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1938

Lot Details

  • Fenced

Home Design

  • Old Spanish Architecture

Interior Spaces

  • 446 Sq Ft Home
  • 3-Story Property
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-156-0070

Community Details

Overview

  • Property has a Home Owners Association
  • 28 Units
  • Low-Rise Condominium
  • Monterrey Condo
  • Monterrey Condo Subdivision

Amenities

  • Laundry Facilities
  • Interior Hall

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $344
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,276

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Co List Office Mls Id: RSPA01
  • Co List Office Phone: 305-975-0354
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MONTERREY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Interior Hall, First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 446
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Monterrey Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-156-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 344
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
May 21, 2019
Sold by
Hardof Tamir
Bought by
Vivadream Llc
Seller's Agent
Kevin Kavanaugh
Associates Realty
Buyer's Agent
Valerio Spinaci
Opera REI Inc
List Price
$174,900
Sold Price
$130,000
Premium/Discount to List
-$44,900
-25.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
May 4, 2006
Sold by
Cienfuegos Tania
Bought by
Hardof Tamir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 2004
Sold by
1611 Michigan Llc
Bought by
Cienfuegos Tania E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,461
Interest Rate
8.35%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $130,000 Attorney
Warranty Deed $175,000 South Pointe Title Company
Special Warranty Deed $118,200 South Pointe Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,000 Fannie Mae Freddie Mac
Previous Owner $100,461 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $140,000 -26.3% $314 / Sq Ft
04/02/2025 04/02/25 For Sale $190,000 +35.7% $426 / Sq Ft
03/13/2025 03/13/25 Off Market $140,000 -- --
03/02/2025 03/02/25 For Sale $190,000 0.0% $426 / Sq Ft
03/15/2021 03/15/21 Rented $1,250 -2.0% --
03/02/2021 03/02/21 Under Contract -- -- --
02/25/2021 02/25/21 For Rent $1,275 0.0% --
01/28/2021 01/28/21 Under Contract -- -- --
01/18/2021 01/18/21 Price Changed $1,275 -1.9% $3 / Sq Ft
01/08/2021 01/08/21 For Rent $1,300 0.0% --
05/22/2019 05/22/19 Sold $130,000 -13.3% $291 / Sq Ft
01/31/2019 01/31/19 Price Changed $150,000 -3.2% $336 / Sq Ft
01/17/2019 01/17/19 Price Changed $155,000 -8.3% $348 / Sq Ft
10/15/2018 10/15/18 Price Changed $169,000 -3.4% $379 / Sq Ft
09/17/2018 09/17/18 For Sale $174,900 -- $392 / 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 $2,813 $151,632 -- --
2024 $2,487 $139,488 -- --
2023 $2,487 $126,808 $0 $0
2022 $2,263 $115,280 $0 $0
2021 $2,023 $104,800 $0 $0
2020 $1,932 $99,800 $0 $0
2019 $2,310 $119,200 $0 $0
2018 $2,295 $129,606 $0 $0
2017 $2,276 $107,113 $0 $0
2016 $2,170 $97,376 $0 $0
2015 $1,977 $88,524 $0 $0
2014 $1,847 $80,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10539151

MIAMI REALTORS® MLS

APN: 02-3234-156-0070