NOT LISTED FOR SALE

Estimated Value: $162,000 - $174,000

1 Bed
1 Bath
484 Sq Ft
$140/mo HOA Fee

Last Sold December 17, 2021

Last sale price $142,000 $293 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,330/month

9 Days on Market

Highlights

  • Garden View
  • Central Heating and Cooling System
  • Laundry Facilities
  • Courtyard
  • 1 Car Garage
  • 4-minute walk to Jefferson Park

About This Home

As of December 2021

Updated Condo minutes from Hollywood Beach! Beautiful 1bed/1bath with an airy and spacious living area. Condo has been freshly painted and has recently updated luxury waterproof vinyl floors throught the unit, new AC unit and bathroom vanity. Condo is Move-In ready, has a very low HOA and includes Full Building Insurance, Water/sewage/lawn and pool Maintenance. A GREAT DEAL FOR INVESTORS ROI being at over 10% Rental demand for these units are HIGH due to central location and proximity to beach. Complex is NOT 55 over and pets are permitted. Unit will not last - call to book showing!

Last Agent to Sell the Property

Rebecca Geornas

Luxuri International Real Estate Miami, LLC. License #3371096 Listed on: 11/22/2021

Last Buyer's Agent

Rebecca Geornas

Luxuri International Real Estate Miami, LLC. License #3371096 Listed on: 11/22/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1966

Lot Details

  • 697

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 484 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Garden Views
  • <<microwave>>

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514215AB0080

Community Details

Overview

  • Madison Apartments Condos
  • Palm Madison Apts Condo Subdivision

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,626

Year Built

Built in 1966

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: PALM MADISON APTS CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 484
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: None

Exterior Features

  • View: Garden View, None
  • Exterior Features: None, Courtyard
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Madison Apartments
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association Fee: 140
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514215AB0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 17, 2021
Sold by
Kerassinis Ioulia
Bought by
Sar Investment Llc
Seller's Agent
Rebecca Geornas
Luxuri International Real Estate Miami, LLC.
Buyer's Agent
Rebecca Geornas
Luxuri International Real Estate Miami, LLC.
List Price
$139,000
Sold Price
$142,000
Premium/Discount to List
$3,000
2.16%
Current Estimated Value
$169,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,014
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Barbara Ann Greennagel Tr
Bought by
Kerassinis Ioulia

Purchase Details

Closed on
May 21, 1993
Sold by
Schauer Helen C
Bought by
Schauer Helen C
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
Sar Investment Llc $142,000 Alliance T&E Group Llc
Kerassinis Ioulia $22,000 --
Schauer Helen C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $142,000 +2.2% $293 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $139,000 -- $287 / 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 $3,085 $132,790 $13,280 $119,510
2024 $3,037 $130,040 $13,000 $117,040
2023 $3,037 $127,800 $12,780 $115,020
2022 $2,876 $122,880 $12,290 $110,590
2021 $1,626 $42,860 $0 $0
2020 $1,504 $97,500 $9,750 $87,750
2019 $1,334 $75,170 $7,520 $67,650
2018 $1,120 $54,030 $5,400 $48,630
2017 $989 $29,290 $0 $0
2016 $939 $26,630 $0 $0
2015 $881 $24,210 $0 $0
2014 $720 $22,010 $0 $0
2013 -- $20,010 $2,000 $18,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11126637

MIAMI REALTORS® MLS

APN: 51-42-15-AB-0080