NOT LISTED FOR SALE

551 Michigan Ave Unit 115 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $223,000 - $241,000

1 Bed
1 Bath
426 Sq Ft
1945 Built

Highlights

  • Garden View
  • No HOA
  • Central Air
  • South Pointe Elementary School Rated A-
  • Card or Code Access
  • Combination Dining and Living Room

About This Home

As of March 2023

Modern corner unit in a newly renovated building. Italian design kitchen cabinets with stainless steel appliances, impact resistant doors and windows. Walking distance to the beach, Lincoln Road's shops, restaurant and nightlife. Ample street parking available, washer & dryer facility available.

Last Agent to Rent the Property

Geraldine Espinoza

Metrocoma Realty License #3323661 Listed on: 01/27/2023

Last Renter's Agent

Realtor Yani

Inmobiliata, LLC License #3440780

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1945

Interior Spaces

  • 426 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Exterior Lighting
  • Northeast Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 1/31/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-42-03-364-0090

Community Details

Overview

  • No Home Owners Association
  • 551/557 Michigan Condo
  • 551/557 Michigan Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,898

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2023-01-31
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1945
  • Property Sub Type: Condominium
  • Directions: Google Maps
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 551/557 Michigan Condo
  • 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
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 426
  • Stories: 2
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden
  • Exterior Features: Lighting
  • Direction Faces: Northeast
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 551/557 Michigan Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry Facility
  • Association: No
  • Community Features: Laundry Facilities

Lot Info

  • Parcel Number: 02-42-03-364-0090
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2015
Sold by
Inversiones South Beach Llc
Bought by
Shadow Me Llc
Current Estimated Value
$232,078
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
Shadow Me Llc $159,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2023 03/13/23 Rented $1,950 -2.5% --
02/21/2023 02/21/23 Under Contract -- -- --
01/27/2023 01/27/23 For Rent $2,000 +29.0% --
03/04/2016 03/04/16 Rented $1,550 -6.1% --
03/01/2016 03/01/16 Under Contract -- -- --
11/20/2015 11/20/15 For Rent $1,650 -- --
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 $3,898 $183,589 -- --
2024 $3,408 $195,496 -- --
2023 $3,408 $177,724 $0 $0
2022 $3,133 $161,568 $0 $0
2021 $2,836 $146,880 $0 $0
2020 $2,788 $144,000 $0 $0
2019 $3,101 $160,000 $0 $0
2018 $3,168 $168,480 $0 $0
2017 $3,208 $168,480 $0 $0
2016 $3,030 $156,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2023

    Geraldine Espinoza

    Metrocoma Realty

    (786) 364-8695

    2 in this area

    4 Total Sales

    Geraldine Espinoza
    Section Image
  • Realtor Yani

    Tenant's Agent in 2023

    Realtor Yani

    Inmobiliata, LLC

    (954) 260-6983

    4 Total Sales

    Realtor Yani
    Section Image
  • Alejandro Tesone

    Seller's Agent in 2016

    Alejandro Tesone

    In Motion Realty, Inc.

    (305) 975-1023

    11 Total Sales

    Alejandro Tesone
    Section Image
  • Nanette Davidson Jackson

    Buyer's Agent in 2016

    Nanette Davidson Jackson

    London Foster Realty

    (305) 588-9381

    2 in this area

    32 Total Sales

    Nanette Davidson Jackson
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11332951

MIAMI REALTORS® MLS

APN: 02-4203-364-0090

Florida Miami/Dade County Miami Beach 33139 Flamingo

551 Michigan Ave Unit 115, Miami Beach, FL

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