SOLD FEB 28, 2023
RENTED NOV 18, 2024
551 Michigan Ave Unit 123 Miami Beach, FL 33139
Flamingo Neighborhood
1
Bed
1
Bath
504
Sq Ft
$447/mo
HOA Fee
Highlights
- Garden View
- Complete Impact Glass
- Central Heating and Cooling System
- South Pointe Elementary School Rated A-
- Courtyard
- Laundry Facilities
About This Home
As of February 2023Amazing Opportunity: Legal 30-day rentals allowed and HOA working on obtaining Daily Short Term License! The condominium is comprised on 2 buildings, and both were gut renovated less than 10 years ago. This 1/1 unit is in excellent conditions, has redone plumbing & electrical, hurricane windows, an Italian kitchen and wooden floors. It can be rented long-term for $2,400 and much more for Short-Term. Call Listing Agent for more information and a private tour!
Last Agent to Sell the Property
Coldwell Banker Realty License #3260985 Listed on: 11/29/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,206
Year Built
- Built in 1945
HOA Fees
- $447 Monthly HOA Fees
Home Design
- Garden Apartment
- Concrete Block And Stucco Construction
Interior Spaces
- 504 Sq Ft Home
- 2-Story Property
- Parquet Flooring
- Garden Views
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- On-Street Parking
- Open Parking
Schools
- South Pointe Elementary School
- Nautilus Middle School
- Miami Beach High School
Additional Features
- Courtyard
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-03-364-0150
Community Details
Overview
- 551/557 Michigan Condo
- 551/557 Michigan Condo Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Breed Restrictions
Security
- Complex Is Fenced
- Complete Impact Glass
- High Impact Door
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2022
Closed on
Feb 28, 2023
Sold by
Biri Us Llc
Bought by
Artemenko Evgenia
Seller's Agent
Roberto Cuneo
Coldwell Banker Realty
Buyer's Agent
Irina Karapici
Julies Realty, LLC
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
37
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
-$21,783
Avg. Annual Appreciation
-3.26%
Purchase Details
Listed on
Dec 7, 2018
Closed on
Feb 7, 2019
Sold by
Llec Ulises
Bought by
Biri Us Llc
Seller's Agent
Patricio Orloff
Cervera Real Estate Inc.
Buyer's Agent
Roberto Cuneo
Coldwell Banker Realty
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Purchase Details
Closed on
May 5, 2015
Sold by
Inversiones South Beach Llc
Bought by
Ulises Llc
Similar Homes in Miami Beach, FL
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 | $285,000 | Titles Unlimited | |
| Warranty Deed | $165,000 | Attorney | |
| Deed | $199,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2024 11/18/24 | Rented | $2,100 | 0.0% | -- |
| 10/03/2024 10/03/24 | For Rent | $2,100 | 0.0% | -- |
| 02/28/2023 02/28/23 | Sold | $285,000 | -5.0% | $565 / Sq Ft |
| 01/27/2023 01/27/23 | Pending | -- | -- | -- |
| 01/20/2023 01/20/23 | Price Changed | $300,000 | 0.0% | $595 / Sq Ft |
| 01/20/2023 01/20/23 | For Sale | $300,000 | +17.6% | $595 / Sq Ft |
| 12/12/2022 12/12/22 | Pending | -- | -- | -- |
| 11/29/2022 11/29/22 | For Sale | $255,000 | +54.5% | $506 / Sq Ft |
| 02/08/2019 02/08/19 | Sold | $165,000 | -5.7% | $327 / Sq Ft |
| 01/15/2019 01/15/19 | Pending | -- | -- | -- |
| 12/07/2018 12/07/18 | For Sale | $175,000 | 0.0% | $347 / Sq Ft |
| 11/01/2016 11/01/16 | Rented | $1,375 | 0.0% | -- |
| 10/31/2016 10/31/16 | Under Contract | -- | -- | -- |
| 10/18/2016 10/18/16 | For Rent | $1,375 | -- | -- |
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 | $4,413 | $187,877 | -- | -- |
| 2024 | $3,487 | $234,846 | -- | -- |
| 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
-
Irina Karapici
I
Seller's Agent in 2024
Irina Karapici
Julie's Realty
(305) 751-6400
7 in this area
26 Total Sales
-
Roberto Cuneo
Seller's Agent in 2023
Roberto Cuneo
Coldwell Banker Realty
(786) 597-4443
31 in this area
49 Total Sales
-
Patricio Orloff
Seller's Agent in 2019
Patricio Orloff
Cervera Real Estate Inc.
(786) 529-4442
41 Total Sales
-
V
Seller Co-Listing Agent in 2019
Vanessa Burack
MMLS Assoc.-Inactive Member
-
Daniel Veitia
Seller's Agent in 2016
Daniel Veitia
Urban Resource LLC
(786) 620-2700
5 Total Sales
-
M
Buyer's Agent in 2016
Miguel Sanchez
Keller Williams Miami Beach Realty
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11307190
APN: 02-4203-364-0150
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