$140,000
SOLD JUN 16, 2025

1611 Michigan Ave Unit 7 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
446 Sq Ft
$442/mo HOA Fee

Recently Sold

$314 Per Sq Ft

26% Below List Price

106 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Views
  • Fenced

About This Home

As of June 2025

Priced to Sell Quickly! Excellent investment opportunity in the heart of South Beach, just minutes from the beach, Lincoln Road, shopping, dining, and top-rated schools. This 1-bedroom condo is easy to rent and features low HOA fees. The Condo Association is actively working with the city on the 40-year recertification. The seller will escrow all necessary funds for special assessments and violation resolution. Don’t miss out!!

Last Agent to Sell the Property

Fabrizio Passatore

The Keyes Company Brokerage Phone: 305-898-7224 License #3380549 Listed on: 03/02/2025

The Keyes Company

Last Buyer's Agent

Fabrizio Passatore

The Keyes Company Brokerage Phone: 305-898-7224 License #3380549 Listed on: 03/02/2025

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1938

Lot Details

  • Fenced

HOA Fees

  • $442 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 446 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceramic Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

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

  • Monterrey Condos
  • Monterrey Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,813

Year Built

Built in 1938

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • 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: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 305-898-7224
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Partially Furnished
  • Living Area: 446
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 442
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-156-0070

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2813

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
2.83%

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
08/14/2025 08/14/25 For Rent $1,900 0.0% --
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

  • P

    Seller's Agent in 2025

    Perla Murray

    Compass Florida, LLC

    (561) 716-7662

    20 Total Sales

    Section Image
  • Fabrizio Passatore

    Seller's Agent in 2025

    Fabrizio Passatore

    The Keyes Company

    (305) 898-7224

    18 in this area

    25 Total Sales

    Section Image
  • Michelle Halfon

    Seller's Agent in 2021

    Michelle Halfon

    Compass Florida, LLC

    (305) 776-2174

    13 in this area

    40 Total Sales

    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Fredy Urmeneta

    MMLS Assoc.-Inactive Member

  • W

    Buyer's Agent in 2021

    William Betancourt

    Keller Williams Eagle Realty

    Section Image
  • Kevin Kavanaugh

    Seller's Agent in 2019

    Kevin Kavanaugh

    Associates Realty

    (305) 926-8228

    13 in this area

    41 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11754962

MIAMI REALTORS® MLS

APN: 02-3234-156-0070

Florida Miami/Dade County Miami Beach 33139 Flamingo

1611 Michigan Ave Unit 7, Miami Beach, FL

This home is located at 1611 Michigan Ave Unit 7, Miami Beach, FL 33139 and is currently priced at $140,000, approximately $313 per square foot. This property was built in 1938. 1611 Michigan 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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