NOT LISTED FOR SALE

505 12th St Unit 10 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $402,000 - $806,000

2 Beds
2 Baths
950 Sq Ft
$356/mo HOA Fee

Last Sold February 25, 2016

Last sale price $450,000 $474 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,897/month

147 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Card or Code Access
  • Garden View
  • Patio
  • Central Air

About This Home

As of February 2016

Meticulously renovated Art Deco classic incorporates period designs and cosmopolitan luxury, perfect for the discriminating buyers. Designer fixtures, colors and fabrics, gourmet kitchen w/SS appliances, gas range, wine cooler, granite counters, oak flo ors w/custom area rugs, marble baths, silk drapes, fireplace. Amazing 210 sq.ft terrace with custom built-ins. Parking for 1 car.furniture available for sale.

Last Agent to Sell the Property

Hector Vazquez

LoKation License #0613252 Listed on: 09/28/2015

LoKation

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,766

Year Built

  • Built in 1940

Lot Details

  • East Facing Home

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Garden Apartment
  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-110-0100

Community Details

Overview

  • Baylis Condo Unit Condos

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,766

Year Built

Built in 1940

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Patio/Cluster
  • Directions: CORNER OF 12TH STREET AND DREXEL.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Partially Furnished
  • Living Area: 950
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

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

Garage/Parking

  • Park Building Name: BAYLIS CONDO UNIT
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 356
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-34-110-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 356

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
Feb 25, 2016
Sold by
Lanthena Llc
Bought by
Emerson Debrah
Seller's Agent
Hector Vazquez
LoKation
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$545,000
Sold Price
$450,000
Premium/Discount to List
-$95,000
-17.43%
Current Estimated Value
$535,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,154
Avg. Annual Appreciation
0.36%

Purchase Details

Closed on
Sep 25, 2009
Sold by
Neustedter Richard
Bought by
Lanthena Llc

Purchase Details

Closed on
Dec 6, 2005
Sold by
Bess Jeffrey and Bess Ivonne M
Bought by
Neustedter Richard

Purchase Details

Closed on
Sep 10, 2004
Sold by
Bess Jeffrey and Bess Ivonne M
Bought by
Neustedter Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Holm Thomas
Bought by
Bess Jeffrey and Bess Ivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 1997
Sold by
The Baylis Corp
Bought by
Holm Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
7.23%
Mortgage Type
New Conventional
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
Emerson Debrah $450,000 Attorney
Lanthena Llc $420,000 Attorney
Neustedter Richard -- --
Neustedter Richard $320,000 --
Bess Jeffrey $233,000 --
Holm Thomas $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neustedter Richard $200,000
Previous Owner Bess Jeffrey $183,000
Previous Owner Holm Thomas $104,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $450,000 -17.4% $474 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $545,000 -- $574 / 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 $7,497 $368,550 -- --
2024 $6,973 $393,250 -- --
2023 $6,973 $357,500 $0 $0
2022 $6,107 $325,000 $0 $0
2021 $7,017 $363,400 $0 $0
2020 $7,035 $363,400 $0 $0
2019 $7,042 $363,400 $0 $0
2018 $6,833 $363,356 $0 $0
2017 $6,919 $363,356 $0 $0
2016 $5,191 $262,353 $0 $0
2015 $5,005 $238,503 $0 $0
2014 $4,767 $216,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hector Vazquez

    Seller's Agent in 2016

    Hector Vazquez

    LoKation Real Estate

    (305) 586-6200

    14 Total Sales

    Hector Vazquez
    Section Image

  • M

    Buyer's Agent in 2016

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    12 in this area

    598 Total Sales

    MAR NON-MEMBER
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2181029

MIAMI REALTORS® MLS

APN: 02-3234-110-0100

Florida Miami/Dade County Miami Beach 33139 Flamingo

505 12th St Unit 10, Miami Beach, FL

This home is located at 505 12th St Unit 10, Miami Beach, FL 33139 since 28 September 2015 and is currently estimated at $535,154, approximately $563 per square foot. This property was built in 1940. 505 12th St Unit 10 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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