NOT LISTED FOR SALE

1700 Meridian Ave Unit 501 Miami Beach, FL 33139

City Center Neighborhood

Estimated Value: $794,000 - $1,199,000

2 Beds
2 Baths
1,014 Sq Ft
$680/mo HOA Fee

Last Sold September 30, 2022

Last sale price $1,050,000 $1,036 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,654/month

10 Days on Market

Highlights

  • Intercom to Front Desk
  • Deck
  • Main Floor Bedroom
  • Newly Remodeled
  • Vaulted Ceiling
  • 4-minute walk to Pride Park

About This Home

As of September 2022

One of kind penthouse loft w PRIVATE ROOFTOP terrace, large wide open space, polished concrete floors open eat in kitchen, marble counter top, spacious NY STYLE 10' floor to ceiling glass windows surrounding the unit, wraparound balcony with slate floors private rooftop terrace overlooking Lincoln Rd, next to a park and the ocean centrally located in the heart of SOBE off of Meridian and 17th. Comes with one assigned parking space, infinity pool, secured entrance SOBE CHIC lobby Walk to everything!! Beaches, Lincoln Rd, coffee shops, art galleries, eateries, Grocery Stores and much more. 30 Day short term rentals allowed!

Last Agent to Sell the Property

Roberto Balcker

Prime Den Real Estate Corporation License #3223130 Listed on: 07/25/2022

Last Buyer's Agent

Marco Tine

Serhant License #3335945

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,702

Year Built

  • Built in 2005 | Newly Remodeled

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Secured Garage or Parking
  • Assigned Parking

Interior Spaces

  • 1,014 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Concrete Flooring
  • Garden Views
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-173-0050

Community Details

Overview

  • 41 Units
  • The Montclair Condo
  • The Montclair Condo Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Intercom to Front Desk
  • Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,702

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$680 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE MONTCLAIR CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Vaulted Ceiling(s), Volume Ceilings
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 1014
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Deck, Open Balcony, Open Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE MONTCLAIR CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Elevator Secure, Secured Garage/Parking, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 680
  • Amenities: Barbecue, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-173-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 680
  • Number Of Units In Community: 41
  • Number Of Units Total: 41

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 30, 2022
Sold by
Fulford David
Bought by
Spanke Matthias
Seller's Agent
Roberto Balcker
Prime Den Real Estate Corporation
Buyer's Agent
Marco Tine
Serhant
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%
Views
54
Current Estimated Value
$953,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,995
Avg. Annual Appreciation
-3.40%
Original Mortgage
$735,000
Outstanding Balance
$704,515
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$244,978

Purchase Details

Listed on
Jul 27, 2017
Closed on
Jun 29, 2018
Sold by
Sobe Gorgeous Inc
Bought by
Fulford David and Yousif Jessica
Seller's Agent
Ygal Bénichay
Rich Homes of Florida
Buyer's Agent
Richard Corrales
Silverleaf Realty Group
List Price
$744,000
Sold Price
$690,000
Premium/Discount to List
-$54,000
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$552,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 5, 2014
Closed on
Jul 31, 2015
Sold by
Lastoria Michael and Grae Iain
Bought by
Sobe Gorgeous Inc
Seller's Agent
Lindsey MacWilliam
Douglas Elliman
Buyer's Agent
Alejandro Gonzalez
MMLS Assoc.-Inactive Member
List Price
$749,000
Sold Price
$685,000
Premium/Discount to List
-$64,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Sep 2, 2005
Sold by
1700 Meridian Associates Llc
Bought by
Lastoria Michael and Sickenius Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Spanke Matthias $1,050,000 --
Fulford David $690,000 Attorney
Fulford David $690,000 Attorney
Sobe Gorgeous Inc $685,000 Attorney
Lastoria Michael $650,000 Clear Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spanke Matthias $735,000
Previous Owner Fulford David $552,000
Previous Owner Sobe Gorgeous Inc $130,000
Previous Owner Lastoria Michael $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,050,000 -4.5% $1,036 / Sq Ft
08/13/2022 08/13/22 For Sale $1,099,000 0.0% $1,084 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $1,099,000 0.0% $1,084 / Sq Ft
07/31/2022 07/31/22 Off Market $1,099,000 -- --
07/25/2022 07/25/22 For Sale $1,099,000 0.0% $1,084 / Sq Ft
03/10/2020 03/10/20 Rented $5,500 0.0% --
04/01/2019 04/01/19 For Rent $5,500 0.0% --
06/29/2018 06/29/18 Sold $690,000 -7.3% $680 / Sq Ft
06/04/2018 06/04/18 For Sale $744,000 0.0% $734 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
07/26/2017 07/26/17 For Sale $744,000 +8.6% $734 / Sq Ft
07/31/2015 07/31/15 Sold $685,000 -2.0% $668 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/24/2015 06/24/15 Price Changed $699,000 0.0% $682 / Sq Ft
06/30/2014 06/30/14 Rented $3,800 -2.6% --
05/31/2014 05/31/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $3,900 -22.0% --
03/15/2014 03/15/14 Rented $5,000 -99.3% --
02/13/2014 02/13/14 Under Contract -- -- --
01/05/2014 01/05/14 For Sale $749,000 0.0% $731 / Sq Ft
01/04/2014 01/04/14 For Rent $4,900 +63.3% --
03/08/2012 03/08/12 Rented $3,000 0.0% --
02/07/2012 02/07/12 Under Contract -- -- --
10/05/2011 10/05/11 For Rent $3,000 -- --
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 $9,375 $508,200 -- --
2024 $7,937 $462,000 -- --
2023 $7,937 $420,000 $0 $0
2022 $7,892 $420,000 $0 $0
2021 $7,702 $398,900 $0 $0
2020 $7,355 $379,900 $0 $0
2019 $7,749 $399,900 $0 $0
2018 $8,355 $444,329 $0 $0
2017 $9,465 $497,012 $0 $0
2016 $8,873 $456,770 $0 $0
2015 $9,526 $480,810 $0 $0
2014 $5,961 $333,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11246665

MIAMI REALTORS® MLS

APN: 02-3234-173-0050