J
Seller's Agent in 2024
Jesus Vargas
Real Estate Sales Force
(786) 900-0155
1 in this area
33 Total Sales
525 Meridian Ave Unit 205 Miami Beach, FL 33139
Flamingo Neighborhood
1
Bed
1
Bath
590
Sq Ft
$400/mo
HOA Fee
Highlights
- Balcony
- Entrance Foyer
- Central Heating and Cooling System
- South Pointe Elementary School Rated A-
- Ceramic Tile Flooring
- 1 Car Garage
About This Home
As of December 2024Excellent investment opportunity in a prime location, this apartment is perfect for those seeking a property with sustainable income potential. Situated in a highly sought-after rental area, this property currently features two bedrooms, significantly enhancing its profitability potential. With easy access to the beach, shops, and restaurants, this property offers comfort and convenience. Currently, it's rented on a month-to-month basis. Don't miss the chance to invest in this perfect retreat in South Beach.
Last Agent to Sell the Property
Real Estate Sales Force License #3339670 Listed on: 02/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,006
Year Built
- Built in 1969
HOA Fees
- $400 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Garden Apartment
- Entry on the 2nd floor
Interior Spaces
- 590 Sq Ft Home
- 4-Story Property
- Central Vacuum
- Paddle Fans
- Entrance Foyer
- Ceramic Tile Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-42-03-067-0110
Community Details
Overview
- Low-Rise Condominium
- 525 Meridian Condos
- 525 Meridian Condo Subdivision
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2024
Closed on
Dec 17, 2024
Sold by
Barretta Gaetano
Bought by
205 Merid Llc
Seller's Agent
Jesus Vargas
Real Estate Sales Force
Buyer's Agent
Solangel Roque
Luxe Properties
List Price
$365,000
Sold Price
$251,000
Premium/Discount to List
-$114,000
-31.23%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,505
Avg. Annual Appreciation
-1.55%
Purchase Details
Closed on
May 14, 2018
Sold by
Rosen Gloria
Bought by
Barrett Gaetano
Purchase Details
Closed on
Feb 24, 2016
Sold by
Rosen Gloria
Bought by
Rosen Gloria and Rosen Todd Alan
Purchase Details
Closed on
May 20, 2002
Sold by
Sanford Halber
Bought by
Rosen Gloria H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $251,000 | None Listed On Document | |
| Warranty Deed | $154,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | $22,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $251,000 | 0.0% | $425 / Sq Ft |
| 10/31/2024 10/31/24 | Off Market | $251,000 | -- | -- |
| 09/16/2024 09/16/24 | Price Changed | $269,000 | -10.0% | $456 / Sq Ft |
| 09/11/2024 09/11/24 | Price Changed | $299,000 | -3.9% | $507 / Sq Ft |
| 08/06/2024 08/06/24 | Price Changed | $311,000 | -14.8% | $527 / Sq Ft |
| 02/16/2024 02/16/24 | For Sale | $365,000 | -- | $619 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $4,438 | $212,683 | -- | -- |
| 2024 | $4,006 | $233,204 | -- | -- |
| 2023 | $4,006 | $212,004 | $0 | $0 |
| 2022 | $1,815 | $137,828 | $0 | $0 |
| 2021 | $1,794 | $133,814 | $0 | $0 |
| 2020 | $1,765 | $131,967 | $0 | $0 |
| 2019 | $1,710 | $129,000 | $0 | $0 |
| 2018 | $2,572 | $136,795 | $0 | $0 |
| 2017 | $2,483 | $126,696 | $0 | $0 |
| 2016 | $2,483 | $115,179 | $0 | $0 |
| 2015 | $2,409 | $104,709 | $0 | $0 |
| 2014 | $2,163 | $95,190 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jesus Vargas
-
Solangel Roque
Buyer's Agent in 2024
Solangel Roque
Luxe Properties
(786) 356-4853
2 in this area
10 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11533877
APN: 02-4203-067-0110
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