NOT LISTED FOR SALE

Estimated Value: $204,450 - $250,000

-- Bed
1 Bath
337 Sq Ft
$389/mo HOA Fee

Last Sold December 26, 2023

Last sale price $198,000 $588 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,873/month

57 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Balcony
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • 4-minute walk to Collins Park

About This Home

As of December 2023

This roomy studio is seldom on the market in this peaceful corner of South Beach. Exceptional location! Just a stone's throw away from the beach, the Convention Center, and a mere two blocks from Lincoln Road. Maintenance covers cable, internet, and gas. Inside, you'll find hardwood floors, central air conditioning, and impact-resistant windows. The minimum lease term is six months, and it's a pet-friendly community.

Last Agent to Sell the Property

Edgar Alba

Alba International Realty License #3202661 Listed on: 10/04/2023

Last Buyer's Agent

Alejandro Tabosky

United Properties, Inc License #3059980

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1952

HOA Fees

  • $389 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 337 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Studio bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Patio

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-144-0230

Community Details

Overview

  • 28 Units
  • Sherita Condo
  • Sherita Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,443

Year Built

Built in 1952

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: Washington to 18th street to James Ave
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SHERITA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 337
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Studio
  • Dining Room Features: Breakfast Area
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SHERITA CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 389
  • Amenities: Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-144-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 28

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Feb 14, 2024
Sold by
St Louis Properties 0919 Llc
Bought by
Fares Inversiones Llc
Seller's Agent
Edgar Alba
Alba International Realty
Buyer's Agent
Alejandro Tabosky
United Properties, Inc
List Price
$210,000
Sold Price
$198,000
Premium/Discount to List
-$12,000
-5.71%
Views
108
Current Estimated Value
$226,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,613
Avg. Annual Appreciation
9.04%

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 21, 2023
Sold by
Bailey James and Bailey Kathleen M
Bought by
St Louis Properties 0919 Llc
Seller's Agent
Edgar Alba
Alba International Realty
Buyer's Agent
Alejandro Tabosky
United Properties, Inc
List Price
$210,000
Sold Price
$198,000
Premium/Discount to List
-$12,000
-5.71%
Views
108

Purchase Details

Closed on
May 10, 2012
Sold by
Lopez Joseph F and Lopez Kathleen A
Bought by
Bailey James and Lopez Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2002
Sold by
Hi Mi Mo Inc
Bought by
Lopez Joseph F and Lopez Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.92%
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
Fares Inversiones Llc $219,000 Perland Title
St Louis Properties 0919 Llc $198,000 Perland Title
Bailey James $125,000 Attorney
Lopez Joseph F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey James $75,000
Previous Owner Lopez Joseph F $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2023 12/26/23 Sold $198,000 -5.7% $588 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $210,000 0.0% $623 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $210,000 0.0% $623 / Sq Ft
11/06/2020 11/06/20 Rented $1,100 -6.4% --
11/04/2020 11/04/20 Under Contract -- -- --
10/06/2020 10/06/20 Price Changed $1,175 -2.1% $3 / Sq Ft
09/14/2020 09/14/20 Price Changed $1,200 -4.0% $3 / Sq Ft
09/02/2020 09/02/20 For Rent $1,250 0.0% --
01/23/2019 01/23/19 Rented $1,250 -7.4% --
01/15/2019 01/15/19 Under Contract -- -- --
12/13/2018 12/13/18 Price Changed $1,350 -3.6% $3 / Sq Ft
11/30/2018 11/30/18 For Rent $1,400 +12.0% --
09/09/2016 09/09/16 Rented $1,250 -3.8% --
09/05/2016 09/05/16 Under Contract -- -- --
07/07/2016 07/07/16 For Rent $1,300 +4.0% --
09/01/2015 09/01/15 Rented $1,250 -3.8% --
08/02/2015 08/02/15 Under Contract -- -- --
04/21/2015 04/21/15 For Rent $1,300 +8.3% --
11/14/2014 11/14/14 Rented $1,200 0.0% --
10/15/2014 10/15/14 Under Contract -- -- --
08/15/2014 08/15/14 For Rent $1,200 0.0% --
05/16/2014 05/16/14 Rented $1,200 0.0% --
04/16/2014 04/16/14 Under Contract -- -- --
03/26/2014 03/26/14 For Rent $1,200 +9.1% --
10/04/2013 10/04/13 Rented $1,100 -8.3% --
09/04/2013 09/04/13 Under Contract -- -- --
08/19/2013 08/19/13 For Rent $1,200 +20.0% --
08/24/2012 08/24/12 Rented $1,000 -16.7% --
07/25/2012 07/25/12 Under Contract -- -- --
06/08/2012 06/08/12 For Rent $1,200 -- --
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
2024 $2,746 $164,450 -- --
2023 $2,746 $143,000 $0 $0
2022 $2,443 $130,000 $0 $0
2021 $2,336 $121,000 $0 $0
2020 $2,343 $121,000 $0 $0
2019 $2,345 $121,000 $0 $0
2018 $2,469 $142,331 $0 $0
2017 $2,419 $113,800 $0 $0
2016 $2,182 $103,455 $0 $0
2015 $1,863 $94,050 $0 $0
2014 $1,820 $89,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11463449

MIAMI REALTORS® MLS

APN: 02-3234-144-0230