NOT LISTED FOR SALE

Estimated Value: $333,000 - $418,343

2 Beds
1 Bath
671 Sq Ft
$587/mo HOA Fee

Last Sold May 17, 2024

Last sale price $395,000 $589 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,207/month

117 Days on Market

Highlights

  • Intercom to Front Desk
  • Furnished
  • Views
  • North Beach Elementary School Rated A-
  • Cooling Available
  • 5-minute walk to 36th Street Park

About This Home

As of May 2024

Great South Beach investment opportunity! This 2-bedroom, 1-bathroom corner unit with many windows and natural light allows short-term rentals like Airbnb. No rental restrictions and daily rentals are allowed. Great Cap Rate! New AC units throughout. The ocean is just across the street.

Last Agent to Sell the Property

Irina Dyagleva

Vera Realty LLC License #3265193 Listed on: 01/16/2024

Vera Realty LLC

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1941

HOA Fees

  • $587 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 671 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Tile Flooring
  • Microwave
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-048-0300

Community Details

Overview

  • Low-Rise Condominium
  • Madison Condos
  • The Madison Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,443

Year Built

Built in 1941

Lot Details

0

HOA Fees

$587 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE MADISON CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 671
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, None
  • Construction Type: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Madison
  • Parking Features: None

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Smoke Detector, Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 587
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-048-0300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
May 15, 2024
Sold by
3030 Collins Invest Llc
Bought by
Kurau Dzmitry
Seller's Agent
Irina Dyagleva
Vera Realty LLC
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$435,000
Sold Price
$395,000
Premium/Discount to List
-$40,000
-9.2%
Views
53
Current Estimated Value
$383,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,914
Avg. Annual Appreciation
-2.09%
Original Mortgage
$276,500
Outstanding Balance
$272,782
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$110,304

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 7, 2019
Sold by
Merlin Group Llc
Bought by
3030 Collins Invest Llc
Seller's Agent
Araceli Kaba
Smart Luxe
Buyer's Agent
Irina Dyagleva
Vera Realty LLC
List Price
$370,000
Sold Price
$344,500
Premium/Discount to List
-$25,500
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 16, 2019
Sold by
Martinez Aon Cesar Lozano and Martinez Del Barrio Javier Ignacio
Bought by
Merlin Group Llc
Seller's Agent
Enrique Tejera
EXP Realty LLC
Buyer's Agent
Araceli Kaba
Smart Luxe
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.65%

Purchase Details

Listed on
Dec 8, 2011
Closed on
Feb 1, 2012
Sold by
Porcelli Atlantic Properties Llc
Bought by
Delbarrio Javier Ignacio Martinez and Aon Cesar Lozano
Seller's Agent
Christopher Porcelli
Beachfront Realty Inc
Buyer's Agent
Enrique Tejera
EXP Realty LLC
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Porcelli Atlantic Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
15.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2011
Sold by
Bock Jeroen E
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 1, 2005
Sold by
Carvajal Jesus
Bought by
Bock Jeroen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 24, 2003
Sold by
3030 Collins Lc
Bought by
Carvajal Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
5.62%
Mortgage Type
Unknown
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
Kurau Dzmitry $395,000 Clear Title
Kurau Dzmitry $395,000 Clear Title
3030 Collins Invest Llc $344,400 Clear Title Services Inc
Merlin Group Llc $305,000 Clear Title Services Inc
Delbarrio Javier Ignacio Martinez $138,000 Attorney
Porcelli Atlantic Properties Llc $95,550 None Available
Deutsche Bank National Trust Company $75,200 None Available
Bock Jeroen $204,000 --
Carvajal Jesus $169,000 South Pointe Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurau Dzmitry $276,500
Closed Kurau Dzmitry $276,500
Previous Owner Porcelli Atlantic Properties Llc $99,000
Previous Owner Bock Jeroen $163,200
Previous Owner Carvajal Jesus $152,100
Closed Bock Jeroen $30,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $395,000 -9.2% $589 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $435,000 +26.3% $648 / Sq Ft
10/07/2019 10/07/19 Sold $344,500 -6.9% $513 / Sq Ft View Prior Sale
08/26/2019 08/26/19 For Sale $370,000 +21.3% $551 / Sq Ft
05/17/2019 05/17/19 Sold $305,000 -7.6% $455 / Sq Ft View Prior Sale
04/01/2019 04/01/19 For Sale $330,000 +139.1% $492 / Sq Ft
01/31/2012 01/31/12 Sold $138,000 0.0% $206 / Sq Ft View Prior Sale
01/08/2012 01/08/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $138,000 -- $206 / 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 $7,385 $375,038 -- --
2024 $6,443 $375,037 -- --
2023 $6,443 $340,943 $0 $0
2022 $5,877 $312,792 $0 $0
2021 $5,541 $286,965 $0 $0
2020 $5,291 $273,300 $0 $0
2019 $5,044 $260,280 $0 $0
2018 $5,758 $306,212 $0 $0
2017 $5,877 $290,285 $0 $0
2016 $5,685 $263,896 $0 $0
2015 $4,919 $239,906 $0 $0
2014 $4,431 $218,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11515568

MIAMI REALTORS® MLS

APN: 02-3226-048-0300