NOT LISTED FOR SALE

1816 Meridian Ave Unit 23 Miami Beach, FL 33139

City Center Neighborhood

Estimated Value: $209,000 - $333,000

1 Bed
1 Bath
317 Sq Ft
$265/mo HOA Fee

Last Sold August 11, 2016

Last sale price $200,000 $631 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,847/month

47 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Video Cameras
  • Furnished
  • Views
  • 3-minute walk to Pride Park

About This Home

As of August 2016

Luxurious vacation condo that can also produce income (no rental restrictions) Boutique Condo Hotel in the center of Miami Beach!!!EXCELLENT INCOME OPPORTUNITY FOR INVESTOR! Across from the convention center, walk 2 blocks to Lincoln Rd and 5 minutes to the beach!!! high occupancy, can be rented every single day of the year with full service & management. Meridian House is an upscale, fully renovated mid-century beauty with 75% split option Hotel rental program.

Last Agent to Sell the Property

Esteban Ferrari

Qum Real Estate Advisors License #3264314 Listed on: 05/12/2016

Last Buyer's Agent

Alejandro Rakover

Qum Real Estate Advisors License #3198748

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1956

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 317 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Parking

  • Guest Parking
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-230-0230

Community Details

Overview

  • Meridian House Condos

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,234

Year Built

Built in 1956

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Other Equipment/Appliances, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other, Tile
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 317
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Studio

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Meridian House
  • Open Parking: Yes
  • Parking Features: Guest, On Street

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 265
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-230-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 11, 2016
Sold by
Popes1818 Llc
Bought by
Lunfa Inc
Seller's Agent
Esteban Ferrari
Qum Real Estate Advisors
Buyer's Agent
Alejandro Rakover
Qum Real Estate Advisors
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Current Estimated Value
$251,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,906
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Dec 2, 2013
Sold by
1818 Meridian Avenue Llc
Bought by
Popes 1818 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lunfa Inc $200,000 Attorney
Popes 1818 Llc $139,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2016 08/11/16 Sold $200,000 -12.7% $631 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $229,000 -- $722 / 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 $3,131 $173,030 -- --
2024 $2,746 $157,300 -- --
2023 $2,746 $143,000 $0 $0
2022 $2,443 $130,000 $0 $0
2021 $2,703 $140,000 $0 $0
2020 $3,012 $155,600 $0 $0
2019 $3,015 $155,600 $0 $0
2018 $3,180 $169,104 $0 $0
2017 $3,067 $161,051 $0 $0
2016 $2,585 $133,100 $0 $0
2015 $2,397 $121,000 $0 $0
2014 $2,235 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Esteban Ferrari

    Qum Real Estate Advisors

    (954) 554-9165

    4 Total Sales

    Esteban Ferrari
    Section Image
  • Alejandro Rakover

    Buyer's Agent in 2016

    Alejandro Rakover

    Qum Real Estate Advisors

    (786) 849-8277

    Alejandro Rakover
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10082598

MIAMI REALTORS® MLS

APN: 02-3234-230-0230

Florida Miami/Dade County Miami Beach 33139 City Center

1816 Meridian Ave Unit 23, Miami Beach, FL

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