$250,000
SOLD DEC 9, 2021
1 Bed
1 Bath
461 Sq Ft
1941 Built

Recently Sold

$542 Per Sq Ft

6% Below List Price

15 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • High Impact Windows
  • North Beach Elementary School Rated A-
  • Canal View
  • 5-minute walk to 36th Street Park

About This Home

As of December 2021

Ideal investors' apartment at a great price at The Madison. Rental options go from daily through yearly. A bright, fully renovated one bedroom, one bathroom corner apartment with new wall a/c units in the living area and bedroom. Features a costumed-built entertainment unit with plenty of storage space. This jewel is located in the heart of Mid Miami Beach. Just steps away from the beach and the boardwalk, and surrounded by restaurants, clubs, markets, cafes, and public transportation. It is strategically located in-between the Edition Hotel and the Faena District. The building features secured keyless electronic entry, elevator, and laundry facilities on every floor. City public parking area is conveniently located just two blocks away.

Last Agent to Sell the Property

Magali Iglesias

BHHS EWM Realty License #3290800 Listed on: 09/28/2021

BHHS EWM Realty

Last Buyer's Agent

Ana Looking For 1b Rental Rental Client Lead

MMLS Assoc.-Inactive Member License #3380740

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1941

Lot Details

  • Waterfront
  • Northwest Facing Home

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 461 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Exposure or Shade
  • Property has ocean access

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-048-0220

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • The Madison Condo
  • The Madison Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $306

Security

  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,412

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Set up your GPS to 3030 Collins Ave. The Madison building is located in the corner of Collins Ave and 31st St. There's street public parking surrounding the building and a public parking area on 27th St in-between Indian Creek and Collins Ave.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE MADISON CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, Elevator
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Partially
  • Living Area: 461
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Canal, Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry, Phone Entry

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-26-048-0220
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Exposure/Shade

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 306

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 9, 2021
Sold by
Villa Melilla Investments Llc
Bought by
Orlando Alessio
Seller's Agent
Magali Iglesias
BHHS EWM Realty
Buyer's Agent
Ana Looking For 1b Rental Rental Client Lead
MMLS Assoc.-Inactive Member
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$150,000
Outstanding Balance
$138,419
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$173,741

Purchase Details

Closed on
Mar 24, 2016
Sold by
Dupre Gaston
Bought by
Villa Melilla Investments Llc

Purchase Details

Closed on
Apr 3, 2014
Sold by
Toqui Llc
Bought by
Dupre Gaston

Purchase Details

Listed on
Dec 6, 2012
Closed on
Mar 26, 2013
Sold by
Cardenas Maria A
Bought by
Toqui Llc
Seller's Agent
Jennifer Bienstock
MMLS Assoc.-Inactive Member
Buyer's Agent
Cristian Cardenas
MMLS Assoc.-Inactive Member
List Price
$138,000
Sold Price
$130,100
Premium/Discount to List
-$7,900
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
Dec 6, 2012
Closed on
Mar 5, 2013
Sold by
Federal National Mortgage Association
Bought by
Cardenas Maria A
Seller's Agent
Jennifer Bienstock
MMLS Assoc.-Inactive Member
Buyer's Agent
Cristian Cardenas
MMLS Assoc.-Inactive Member
List Price
$138,000
Sold Price
$130,100
Premium/Discount to List
-$7,900
-5.72%

Purchase Details

Closed on
Sep 26, 2012
Sold by
Rivabem Fernando V
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 29, 2003
Sold by
3030 Collins Lc
Bought by
Rivabem Fernando and Rivabem Liset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.82%
Mortgage Type
Unknown
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 $250,000 Koss Abe
Special Warranty Deed $65,000 Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Special Warranty Deed $130,100 Attorney
Trustee Deed $55,300 None Available
Special Warranty Deed $120,000 South Pointe Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $96,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $308,000 -2.2% $668 / Sq Ft
06/06/2025 06/06/25 Price Changed $315,000 -3.1% $683 / Sq Ft
04/07/2025 04/07/25 For Sale $325,000 +30.0% $705 / Sq Ft
12/09/2021 12/09/21 Sold $250,000 -5.7% $542 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $265,000 0.0% $575 / Sq Ft
11/10/2020 11/10/20 Rented $1,100 -15.4% --
11/10/2020 11/10/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $1,300 0.0% --
03/05/2013 03/05/13 Sold $130,100 +4.1% $282 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/08/2013 01/08/13 Price Changed $125,000 -9.4% $271 / Sq Ft
12/06/2012 12/06/12 For Sale $138,000 -- $299 / 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 $4,834 $245,497 -- --
2024 $4,217 $245,496 -- --
2023 $4,217 $223,179 $0 $0
2022 $3,847 $204,751 $0 $0
2021 $3,627 $187,845 $0 $0
2020 $3,412 $178,900 $0 $0
2019 $3,160 $170,380 $0 $0
2018 $2,715 $144,390 $0 $0
2017 $3,055 $160,433 $0 $0
2016 $2,818 $135,751 $0 $0
2015 $2,445 $123,410 $0 $0
2014 $2,089 $102,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11103595

MIAMI REALTORS® MLS

APN: 02-3226-048-0220