$685,000
SOLD JUL 31, 2015

1700 Meridian Ave Unit 501 Miami Beach, FL 33139

City Center Neighborhood
1 Bed
2 Baths
1,025 Sq Ft
$401/mo HOA Fee

Recently Sold

$668 Per Sq Ft

9% Below List Price

555 Days on Market

Highlights

  • Penthouse
  • Main Floor Bedroom
  • Community Pool
  • Marble Flooring
  • Furnished
  • 4-minute walk to Pride Park

About This Home

As of September 2022

True NYC loft living at it's finest. This modern penthouse is perched on the SE corner of the property with a spiral staircase leading to the private roof top enclave. This architectural gem is sun drenched vis-a-vis a UV treated glass curtain wall of flo or to ceiling windows connected to the expansive wrap around terrace.The loft is delivered furnished with newly updated fixtures & finishes. Steps from the ocean and Lincoln rd. 30 day rentals permitted. Unit is currently tenant occupied.

Last Agent to Sell the Property

Lindsey MacWilliam

Douglas Elliman License #3116878 Listed on: 01/05/2014

Douglas Elliman

Last Buyer's Agent

Alejandro Gonzalez

MMLS Assoc.-Inactive Member License #3291365

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,375

Year Built

  • Built in 2005

HOA Fees

  • $401 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • Furnished
  • Sliding Windows
  • Casement Windows
  • Marble Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Southeast Facing Home

Listing and Financial Details

  • Assessor Parcel Number 0232341730050

Community Details

Overview

  • 41 Units
  • The Montclair Lofts Condos
  • The Montclair Lofts Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Secure Elevator
  • High Impact Door

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,375

Year Built

Built in 2005

Lot Details

0

HOA Fees

$401 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: TAKE ALTON RD NORTH TO 17 ST. TURN RIGHT GOING EAST TO MERIDIAN AVE. BUILDING LOCATED NW CORNER OF 17TH ST & MERIDIAN.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE MONTCLAIR LOFTS
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1025
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Casement, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE MONTCLAIR LOFTS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Security: Elevator Secure, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 401
  • Amenities: Elevator(s), Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 0232341730050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 401
  • Number Of Units In Community: 41
  • Number Of Units Total: 41

Tax Info

  • Tax Year: 2013

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

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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 $1,050,000 --
Warranty Deed $690,000 Attorney
Warranty Deed $690,000 Attorney
Warranty Deed $685,000 Attorney
Special Warranty Deed $650,000 Clear Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 New Conventional
Previous Owner $552,000 Adjustable Rate Mortgage/ARM
Previous Owner $130,000 Future Advance Clause Open End Mortgage
Previous Owner $520,000 Fannie Mae Freddie Mac
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: A1887761

MIAMI REALTORS® MLS

APN: 02-3234-173-0050