NOT LISTED FOR SALE

551 Michigan Ave Unit 113 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $224,000 - $279,000

1 Bed
1 Bath
504 Sq Ft
$498/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Garden View
  • Card or Code Access
  • South Pointe Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2016

Brand new building in the heart of South Beach! Enjoy this beautiful 1BD features hand-crafted interiors, central AC, new SS appliances, dishwasher, microwave, Quartz countertops, nicely modern bath, and impact windows! Enjoy the wonderful lushly landscaped grounds, with seating areas, gated entrance and on-site laundry! Just steps a block away from the new 5th & Alton complex with Publix, Orangetheory & more. **Holiday incentive!! Pay only 1⁄2 month’s rent in December and get rest of October rent free!

Last Agent to Rent the Property

Daniel Veitia

Urban Resource LLC License #3079893 Listed on: 10/20/2016

Last Renter's Agent

Ruben Diaz Lopez

MMLS Assoc.-Inactive Member License #3338081

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 1945

Home Design

  • Garden Apartment
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 504 Sq Ft Home
  • 2-Story Property
  • Single Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Exterior Lighting
  • Southeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 10/11/16
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-42-03-364-0050

Community Details

Overview

  • No Home Owners Association
  • 551/557 Michigan Condo
  • 551/557 Michigan Condo,Stripey Development Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,989

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Pets Allowed: More Than 20 Lbs
  • Available Date: 2016-10-11
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1945
  • Property Sub Type: Apartment
  • Architectural Style: Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, Apartment
  • Subdivision Name: 551/557 MICHIGAN CONDO,Stripey Development
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 504
  • Stories: 2
  • Window Features: Blinds, Single Hung Metal
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Other
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 551/557 MICHIGAN CONDO
  • Open Parking: Yes
  • Parking Features: On Street, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Complex Fenced

Condo/Co-op/Association

  • Amenities: Laundry Facility
  • Association: No

Lot Info

  • Parcel Number: 02-42-03-364-0050
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: CPS-2
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Stripey Llc
Bought by
Sultana The King Llc
Current Estimated Value
$251,209

Purchase Details

Closed on
May 5, 2015
Sold by
Inversiones South Beach Llc
Bought by
Stripey Llc
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 Buyer Sale Price Title Company
Sultana The King Llc $170,000 Snyder International Law Gro
Stripey Llc $177,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Rented $1,385 +2.6% --
10/12/2016 10/12/16 For Rent $1,350 -- --
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 $3,989 $187,877 -- --
2024 $3,487 $200,063 -- --
2023 $3,487 $181,876 $0 $0
2022 $3,206 $165,342 $0 $0
2021 $2,902 $150,311 $0 $0
2020 $2,670 $137,900 $0 $0
2019 $3,818 $197,000 $0 $0
2018 $3,699 $196,733 $0 $0
2017 $3,746 $196,733 $0 $0
2016 $3,538 $182,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Veitia

    Landlord's Agent in 2016

    Daniel Veitia

    Urban Resource LLC

    (786) 620-2700

    5 Total Sales

    Daniel Veitia
    Section Image

  • R

    Tenant's Agent in 2016

    Ruben Diaz Lopez

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10161555

MIAMI REALTORS® MLS

APN: 02-4203-364-0050

Florida Miami/Dade County Miami Beach 33139 Flamingo

551 Michigan Ave Unit 113, Miami Beach, FL

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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