NOT LISTED FOR SALE

Estimated Value: $4,209,961

3 Beds
2 Baths
4,374 Sq Ft
$962/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2025

Last sale price $4,250,000 $972 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $26,537 / mo

11 Days on Market

Highlights

  • In Ground Pool
  • Circular Driveway
  • Ceramic Tile Flooring
  • Outdoor Living Area
  • Patio
  • Central Heating and Cooling System

About This Home

As of May 2025

Rare opportunity to acquire and renovate for great profit as multifamily property in the heart of South Beach, just steps from Lincoln Road and the beach. This expansive 4,430 SQFT building sits on a 7,500 SQFT lot and features 11 units, making it ideal for income generation. Originally built in 1945, the property has been updated with tile flooring, central A/C, fire sprinklers, and stucco exterior. Zoned AE and located in the Palm View Subdivision, it offers ample parking, a private driveway, and patio space.

Last Buyer's Agent

Zorabel Lopez Arevalo

Goldpen Realty Group License #3558342

Goldpen Realty Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,333

Year Built

  • Built in 1945

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,374 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Living Area

Schools

  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Palm View Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0232340040500

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,333

Year Built

Built in 1945

Lot Details

7,500 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1945
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level
  • Appliances: Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 4374.0
  • Stories: 1

Exterior Features

  • Exterior Features: None, Outdoor Living Area, Other
  • View: Other
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Other

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0232340040500
  • Lot Size Acres: 0.17
  • Mobile Dim Units: Feet
  • Zoning: 0100

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 41333.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2026
Sold by
Bought by
Current Estimated Value
$4,209,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,791,596
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,418,365

Purchase Details

Listed on
May 1, 2025
Closed on
Mar 17, 2025
Sold by
Bought by
Buyer's Agent
Zorabel Lopez Arevalo
Goldpen Realty Group
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
Original Mortgage
$3,268,277
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 18, 2024
Sold by
Bought by

Purchase Details

Closed on
May 3, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,242,000
Interest Rate
3.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 2, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 6, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in City Center, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,200,000 None Listed On Document
-- None Listed On Document
$4,250,000 None Listed On Document
-- None Listed On Document
$4,642,000 None Listed On Document
$4,850,000 Carmenates Law Firm Pa
$2,500,000 Attorney
$1,950,000 Attorney
-- Attorney
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,800,000
Previous Owner $3,268,277
Previous Owner $2,000,000
Previous Owner $600,000
Previous Owner $2,242,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Previous Owner $630,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $4,250,000 0.0% $972 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $4,250,000 -- $972 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $41,313 $2,202,200 $1,500,000 $702,200
2024 $40,484 $2,199,600 $1,387,500 $812,100
2023 $40,484 $2,142,400 $1,387,500 $754,900
2022 $30,765 $1,387,089 $0 $0
2021 $24,347 $1,260,990 $963,750 $297,240
2020 $21,471 $1,109,040 $963,750 $145,290
2019 $16,675 $1,109,214 $963,750 $145,464
2018 $0 $1,109,388 $963,750 $145,638
2017 $14,881 $590,988 $0 $0
2016 $14,298 $537,262 $0 $0
2015 $8,528 $488,420 $0 $0
2014 $8,528 $444,019 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11874167

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3234-004-0500

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