$143,000
SOLD NOV 24, 2024
1 Bed
1 Bath
569 Sq Ft
1925 Built

Recently Sold

$251 Per Sq Ft

32% Below List Price

118 Days on Market

Highlights

  • Cooling Available
  • Secure Lobby
  • Heating Available

About This Home

As of November 2024

Opportunity to purchase a unit in South Beach, next to Lincoln Rd. The building is currently boarded up and being renovated so there is no interior access. The legalization process has begun, but at this point, there is no certain date for completion. Subject sits 1 building south of world famous Lincoln Road and strategically borders a private parking lot, which facilitates owner and guest parking. Offers are to be made based on exterior inspection, as there is no interior access.

Last Agent to Sell the Property

Jose Fente

Tropical Realty, Inc. License #0367946 Listed on: 03/05/2024

Co-Listed By

Roberto Vannucchi

Homegenius Real Estate License #3210442

Last Buyer's Agent

Jacqueline Moss

Moss Miami Realty License #3190678

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1925

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 569 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-181-0170

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • First On Lincoln Condo
  • First On Lincoln Condo Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Secure Lobby
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,681

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Co List Office Mls Id: REBE01
  • Co List Office Phone: 877-500-1415
  • Directions: Take Alton Rd to 16th Street and go east. Go North (left) on Lenox Ave and the building will be on your right.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: FIRST ON LINCOLN CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 569
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: FIRST ON LINCOLN CONDO
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced, Lobby Secured

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-181-0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Nov 6, 2024
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Moss Jacqueline
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Jacqueline Moss
Moss Miami Realty
List Price
$209,900
Sold Price
$143,000
Premium/Discount to List
-$66,900
-31.87%
Views
302
Current Estimated Value
$164,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,037
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
Feb 7, 2024
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mtg Corp

Purchase Details

Closed on
Jan 12, 2024
Sold by
Olivadoti Joseph
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Camei Condominium Holdings Llc
Bought by
Olivadoti Joseph and Olivadoti Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,058
Interest Rate
6.37%
Mortgage Type
Unknown
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
Special Warranty Deed $143,000 Mortgage Connect
Quit Claim Deed -- None Listed On Document
Certificate Of Transfer $200,100 --
Special Warranty Deed $270,300 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $254,058 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2024 11/24/24 Sold $143,000 -1.3% $251 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $144,900 -9.4% $255 / Sq Ft
06/11/2024 06/11/24 Price Changed $159,900 -5.9% $281 / Sq Ft
05/21/2024 05/21/24 Price Changed $169,900 -10.5% $299 / Sq Ft
05/07/2024 05/07/24 Price Changed $189,900 -9.5% $334 / Sq Ft
03/11/2024 03/11/24 For Sale $209,900 0.0% $369 / Sq Ft
08/01/2016 08/01/16 Rented $1,400 0.0% --
07/20/2016 07/20/16 Under Contract -- -- --
07/15/2016 07/15/16 Price Changed $1,400 -6.7% $2 / Sq Ft
06/28/2016 06/28/16 For Rent $1,500 -- --
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 $1,671 $88,950 -- --
2024 $1,681 $88,950 -- --
2023 $1,681 $88,950 $0 $0
2022 $1,671 $88,950 $0 $0
2021 $2,516 $130,300 $0 $0
2020 $3,076 $158,900 $0 $0
2019 $3,422 $176,600 $0 $0
2018 $3,389 $180,198 $0 $0
2017 $3,638 $189,490 $0 $0
2016 $3,661 $172,264 $0 $0
2015 $3,549 $156,604 $0 $0
2014 $3,474 $142,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11548282

MIAMI REALTORS® MLS

APN: 02-3234-181-0170