$602,500
SOLD MAR 21, 2025
1 Bed
1.5 Baths
760 Sq Ft
2000 Built

Recently Sold

$793 Per Sq Ft

1% Above List Price

55 Days on Market

Highlights

  • Ocean View
  • Intercom to Front Desk
  • Main Floor Primary Bedroom
  • South Pointe Elementary School Rated A-
  • Newly Remodeled
  • 3-minute walk to Washington Dog Park & Annex

About This Home

As of March 2025

Rare Legal Short-Term Rental in South Beach: This turn-key condo is one of the very few in South Beach allowed to operate as a legal short-term rental. There are only a handful of properties with a license to host vacationers. Located in the highly desirable South of Fifth (SOFI) neighborhood, with a Score of 96, this condo offers proximity to beaches, dining, and nightlife. Featuring a 4.83-star rating, it’s easily convertible from a 1-bedroom to a 2-bedroom, accommodating 6 guests. Fully furnished, with a cleaning crew and property manager in place, this is a prime investment opportunity. This property is being sold "AS IS".

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #3477996 Listed on: 11/14/2024

Last Buyer's Agent

ANTHONY GUADALUPE

Non Member Listing Office

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000 | Newly Remodeled

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 760 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Drapes & Rods
  • Family or Dining Combination
  • Tile Flooring
  • Ocean Views
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • 1 Car Parking Space
  • Secured Garage or Parking
  • Deeded Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-240-0080

Community Details

Overview

  • Property has a Home Owners Association
  • 12 Units
  • Low-Rise Condominium
  • The Neville Condo
  • The Neville Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Secure Lobby

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $630

Security

  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2000 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Directions: CORNER OF COLLINS AVE & 4TH STREET From Miami Airport, head east on NW 21st St, merge onto FL-112 E, then I-95 N. Take I-395 E to MacArthur Causeway, exit at Alton Rd S, merge onto Alton Rd, left on 5th St, and right on Collins Ave.
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE NEVILLE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Fire Sprinklers, Family Room
  • Accessibility Features: Accessible Elevator Installed, Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 760
  • Possible Use: Investment
  • Stories: 4
  • Window Features: Drapes, High Impact Windows
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Family Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Neville Condo
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Assigned, Deeded, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Phone Entry, Secured Garage/Parking, Intercom In Lobby, Lobby Secured, TV Camera

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-240-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 630
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 334053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Mar 21, 2025
Sold by
Frazer Douglas Grant
Bought by
Traken Consulting Llc
Seller's Agent
Jonathan Minerick
HomeCoin.com
Buyer's Agent
ANTHONY GUADALUPE
Non Member Listing Office
List Price
$599,000
Sold Price
$602,500
Premium/Discount to List
$3,500
0.58%
Views
9
Current Estimated Value
$593,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,962
Avg. Annual Appreciation
-2.36%

Purchase Details

Listed on
Jul 10, 2016
Closed on
Sep 8, 2016
Sold by
Sobe Spirit Llc
Bought by
Frazer Douglas Grant
Seller's Agent
Jorn Lahmann
Lahmann Global R.E., LLC
Buyer's Agent
Jorn Lahmann
Lahmann Global R.E., LLC
List Price
$395,000
Sold Price
$371,250
Premium/Discount to List
-$23,750
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Oct 31, 2012
Sold by
Lachler Ulrich and Gillespie Nancy S
Bought by
Sobe Spirit Llc

Purchase Details

Closed on
Nov 30, 2009
Sold by
Lachler Ulrich and Gillespie Nancy S
Bought by
Lachler Ulrich and Gillespie Nancy S

Purchase Details

Closed on
Jun 24, 2008
Sold by
Kornman Grant M and Strelec Valerie
Bought by
Lachler Ulrich and Gillespie Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2005
Sold by
Neville Vincent and Neville Kristine Sue
Bought by
Kornman Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 20, 2003
Sold by
Neville Gregory A and Neville Debra S
Bought by
Neville Vincent and Neville Kristine Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2001
Sold by
Delbeke Enterprise Inc
Bought by
Neville Gregory A and Neville Et Al Vicent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.16%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $602,500 None Listed On Document
Warranty Deed $602,500 None Listed On Document
Deed $371,300 --
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $275,000 None Available
Warranty Deed $255,000 --
Interfamily Deed Transfer -- Hemisphere Title Company
Deed $189,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Unknown
Previous Owner $155,000 Fannie Mae Freddie Mac
Previous Owner $158,000 New Conventional
Previous Owner $158,000 Balloon
Previous Owner $151,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $602,500 +0.6% $793 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/14/2024 11/14/24 For Sale $599,000 +61.3% $788 / Sq Ft
09/12/2016 09/12/16 Sold $371,250 -6.0% $488 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $395,000 0.0% $520 / Sq Ft
12/01/2014 12/01/14 Rented $2,100 0.0% --
11/01/2014 11/01/14 Under Contract -- -- --
10/24/2014 10/24/14 For Rent $2,100 -- --
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 $7,092 $367,458 -- --
2024 $6,768 $334,053 -- --
2023 $6,768 $303,685 $0 $0
2022 $5,601 $276,078 $0 $0
2021 $4,846 $250,980 $0 $0
2020 $4,859 $250,980 $0 $0
2019 $5,174 $267,000 $0 $0
2018 $5,577 $296,590 $0 $0
2017 $5,648 $296,590 $0 $0
2016 $6,124 $310,934 $0 $0
2015 $5,903 $282,668 $0 $0
2014 $5,407 $256,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11693174

MIAMI REALTORS® MLS

APN: 02-4203-240-0080