$229,000
SOLD MAR 25, 2022

1618 Michigan Ave Unit 37 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
450 Sq Ft
$420/mo HOA Fee

Recently Sold

$509 Per Sq Ft

5% Above List Price

88 Days on Market

Highlights

  • Wood Flooring
  • Closet Cabinetry
  • Views
  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Combination Dining and Living Room

About This Home

As of March 2022

Beautiful 1 bedroom corner unit in a completely renovated building. Original wood floors, new walls and ceilings, impact windows, and low energy a/c wall units in each room. New bathroom, built-in closet, new kitchen with granite counter top and stainless steel appliances. Community balcony on each floor. Located around the corner of shops, restaurants and entertainment on Lincoln Road, walking distance to Ocean Drive, parks and the beach. Perfect for investors; fully furnished, rented until November 2022.

Last Agent to Sell the Property

Michael Gebhard

LPT Realty, LLC License #3377795 Listed on: 12/10/2021

LPT Realty, LLC

Co-Listed By

Maraly Caban

EXP Realty LLC License #3396067

Last Buyer's Agent

Michael Bird

United Realty Group Inc License #3336481

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • Fenced

HOA Fees

  • $420 Monthly HOA Fees

Interior Spaces

  • 450 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Parking

  • On-Street Parking
  • Open Parking

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-128-0210

Community Details

Overview

  • Low-Rise Condominium
  • The Michigan Condos
  • The Michigan Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,446

Year Built

Built in 1925 | Remodeled

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Co List Office Mls Id: RJFH01
  • Co List Office Phone: 352-229-1187
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE MICHIGAN CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other, Wood
  • Furnished: Furnished
  • Living Area: 450
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE MICHIGAN
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 420
  • 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: 02-32-34-128-0210
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 420

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Mar 25, 2022
Sold by
Nahla Usa Properties Llc
Bought by
Golaub Vivlaal and Mitchell Monique
Seller's Agent
Michael Gebhard
LPT Realty, LLC
Buyer's Agent
Michael Bird
United Realty Group Inc
List Price
$219,000
Sold Price
$229,000
Premium/Discount to List
$10,000
4.57%
Current Estimated Value
$245,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,354
Avg. Annual Appreciation
5.99%

Purchase Details

Listed on
Jun 9, 2015
Closed on
Apr 30, 2016
Sold by
Oak Business Consulting Llc
Bought by
Nahla Usa Properties Llc
Seller's Agent
Vincenzo Sacco
MMLS Assoc.-Inactive Member
Buyer's Agent
Alexander Rahe
The Keyes Company
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Oak Business Consulting Llc
Bought by
Nahla Usa Properties Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
Lorenzo Yalexis L
Bought by
Oak Business Consulting Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Global Investment Fund I Llc
Bought by
Lorenzo Yalexis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Canabal Benjamin
Bought by
Global Investment Fund 1 Llc

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ushuaia Llc
Bought by
Canabal Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,144
Interest Rate
8.23%
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 $229,000 New Title Company Name
Warranty Deed $150,000 Attorney
Deed $150,000 --
Warranty Deed $140,000 Attorney
Quit Claim Deed $156,000 Attorney
Trustee Deed $127,000 --
Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,000 New Conventional
Previous Owner $51,144 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2024 06/16/24 Rented $1,850 -2.6% --
05/24/2024 05/24/24 Price Changed $1,900 -5.0% $4 / Sq Ft
03/27/2024 03/27/24 For Rent $2,000 0.0% --
03/25/2022 03/25/22 Sold $229,000 +4.6% $509 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $219,000 0.0% $487 / Sq Ft
11/09/2020 11/09/20 Rented $1,400 -3.4% --
08/30/2020 08/30/20 For Rent $1,450 -12.1% --
01/19/2018 01/19/18 Rented $1,650 -12.9% --
07/17/2017 07/17/17 For Rent $1,895 0.0% --
05/26/2016 05/26/16 Sold $150,000 0.0% $333 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/06/2016 03/06/16 Price Changed $150,000 -14.3% $333 / Sq Ft
01/18/2016 01/18/16 Price Changed $175,000 0.0% $389 / Sq Ft
07/01/2015 07/01/15 Rented $1,350 0.0% --
06/08/2015 06/08/15 For Sale $195,000 0.0% $433 / Sq Ft
06/01/2015 06/01/15 Under Contract -- -- --
05/04/2015 05/04/15 For Rent $1,500 +20.0% --
06/15/2014 06/15/14 Rented $1,250 -16.6% --
05/16/2014 05/16/14 Under Contract -- -- --
02/21/2014 02/21/14 For Rent $1,499 +30.3% --
05/16/2012 05/16/12 Rented $1,150 -11.5% --
04/16/2012 04/16/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $1,300 -- --
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 $3,785 $201,432 -- --
2024 $3,492 $201,432 -- --
2023 $3,492 $184,800 $0 $0
2022 $2,480 $132,000 $0 $0
2021 $2,446 $126,700 $0 $0
2020 $2,555 $132,000 $0 $0
2019 $2,558 $132,000 $0 $0
2018 $2,482 $132,000 $0 $0
2017 $2,438 $128,050 $0 $0
2016 $2,487 $128,050 $0 $0
2015 $2,498 $124,861 $0 $0
2014 $2,374 $113,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11135094

MIAMI REALTORS® MLS

APN: 02-3234-128-0210