NOT LISTED FOR SALE

Estimated Value: $927,000 - $2,253,000

2 Beds
1 Bath
500 Sq Ft
1970 Built

Highlights

  • Ocean Front
  • Full Time Lobby Attendant
  • Gated Community
  • South Pointe Elementary School Rated A-
  • In Ground Pool
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of December 2023

A drop-dead gorgeous direct ocean & beach view. Perfect for a single entrepreneur or a young couple. This large studio apartment is in the prestigious South Pointe neighborhood. Wake up to the spectacular sunrises every morning. Enjoy your coffee/tea on your balcony. There is plenty of storage with a large walk-in closet and a good-sized storage closet. There is a separate vanity area with a linen closet. Features a full-size retro kitchen. The living area can easily be divided into a living space and a sleeping area. There is a Murphy bed that can stay if the tenant would like. There are beautiful Bahama shutters out to the balcony. New hurricane sliding doorsThe elevator is conveniently located across from the apartment door. The beach is your backyard—all this & gated parking.

Last Agent to Rent the Property

Allison Cotter

Live Work Play Miami Group, LLC. License #0599923 Listed on: 10/31/2023

Last Renter's Agent

Vanessa Maggi

Maggi Realty Group License #3254330

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,478

Year Built

  • Built in 1970

Lot Details

  • East Facing Home

Parking

  • 1 Car Garage
  • Parking Garage Space

Interior Spaces

  • 500 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Shower Only

Home Security

Outdoor Features

  • In Ground Pool
  • Unrestricted saltwater access
  • Balcony
  • Exterior Lighting

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 11/1/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-42-03-120-0540

Community Details

Overview

  • No Home Owners Association
  • The Presidential Condo
  • The Presidential Condo Subdivision
  • Maintained Community

Amenities

  • Full Time Lobby Attendant
  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$20,478

Year Built

Built in 1970

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-11-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Directions: Ocean Dr between 4th and 5th St By the beach
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE PRESIDENTIAL CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 500
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Roof: Other
  • View: Ocean, Direct Ocean, Water
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: Other
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PRESIDENTIAL CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Parking Garage

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Key Card Entry, Complex Fenced, Lobby Attended

Condo/Co-op/Association

  • Amenities: Elevator(s), Laundry Facility, Maintained Community, Management On Site
  • Association: No
  • Community Features: Gated, Pool, Laundry Facilities, Management On Site, Sauna

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-120-0540
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2000
Sold by
Mandelstam Alan R and Mandelstam Carol
Bought by
Mandelstam Alan R and Mandelstam Carol
Current Estimated Value
$1,460,296
Source: Public Records

Range of Values:

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Average Value
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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
Mandelstam Alan R $41,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2023 12/30/23 Rented $2,999 0.0% --
12/22/2023 12/22/23 Under Contract -- -- --
11/14/2023 11/14/23 Price Changed $2,999 -16.7% $6 / Sq Ft
10/31/2023 10/31/23 For Rent $3,600 -- --
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 $20,478 $1,089,742 -- --
2024 $20,322 $1,089,742 -- --
2023 $20,322 $1,067,552 $0 $0
2022 $18,368 $970,502 $0 $0
2021 $17,107 $882,275 $0 $0
2020 $15,869 $850,000 $0 $0
2019 $14,994 $850,000 $0 $0
2018 $13,751 $736,516 $0 $0
2017 $13,739 $712,737 $0 $0
2016 $7,633 $433,543 $0 $0
2015 $7,729 $430,530 $0 $0
2014 $7,861 $427,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11471088

MIAMI REALTORS® MLS

APN: 02-4203-120-0540