NOT LISTED FOR SALE

551 Michigan Ave Unit 124 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $246,124 - $276,000

1 Bed
1 Bath
504 Sq Ft
1945 Built

Highlights

  • No HOA
  • South Pointe Elementary School Rated A-
  • East Facing Home

About This Home

As of March 2019

recently remodeled unit in the heart os Sobe ,close to I-95 and supermarkets, featuring stainless steel appliances and wood floors.

Last Agent to Rent the Property

Michelle Halfon

Compass Florida, LLC License #3157614 Listed on: 11/10/2018

Compass Florida, LLC

Co-Listed By

Fredy Urmeneta

MMLS Assoc.-Inactive Member License #3367551

Last Renter's Agent

Patricia Agudelo

Compass Florida, LLC License #3266560

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1945

Lot Details

  • East Facing Home

Home Design

  • 504 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 12/1/18
  • Assessor Parcel Number 02-42-03-364-0170

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,090

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2018-12-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1945
  • Property Sub Type: Condominium
  • Co List Office Mls Id: SARR01
  • Co List Office Phone: 305-397-8831
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 551/557 MICHIGAN CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 504

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 551/557 MICHIGAN CONDO

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-03-364-0170
  • Land Lease Amount Frequency: Annually
  • Zoning: 0000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Torsten Capital Llc
Bought by
Underhook Llc
Current Estimated Value
$254,281

Purchase Details

Closed on
Sep 30, 2020
Sold by
Vinicius Llc
Bought by
Torsten Capital Llc

Purchase Details

Closed on
May 5, 2015
Sold by
Inversiones South Beach Llc
Bought by
Vinicius Llc
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
Underhook Llc $170,000 Attorney
Torsten Capital Llc $180,000 Attorney
Vinicius Llc $187,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Rented $1,350 -3.5% --
03/08/2019 03/08/19 Under Contract -- -- --
02/22/2019 02/22/19 For Rent $1,399 0.0% --
02/18/2019 02/18/19 Under Contract -- -- --
02/07/2019 02/07/19 Price Changed $1,399 -3.5% $3 / Sq Ft
11/27/2018 11/27/18 Price Changed $1,450 -3.3% $3 / Sq Ft
11/10/2018 11/10/18 For Rent $1,500 +9.1% --
11/15/2016 11/15/16 Rented $1,375 -1.8% --
11/04/2016 11/04/16 Under Contract -- -- --
10/18/2016 10/18/16 For Rent $1,400 -- --
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 $4,090 $187,877 -- --
2024 $3,579 $208,331 -- --
2023 $3,579 $189,392 $0 $0
2022 $3,389 $180,373 $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

  • Michelle Halfon

    Landlord's Agent in 2019

    Michelle Halfon

    Compass Florida, LLC

    (305) 776-2174

    15 in this area

    40 Total Sales

    Michelle Halfon
    Section Image

  • F

    Landlord's Co-Listing Agent in 2019

    Fredy Urmeneta

    MMLS Assoc.-Inactive Member

  • P

    Tenant's Agent in 2019

    Patricia Agudelo

    Compass Florida, LLC

    (347) 623-7163

    3 in this area

    19 Total Sales

    Patricia Agudelo
    Section Image
  • Daniel Veitia

    Seller's Agent in 2016

    Daniel Veitia

    Urban Resource LLC

    (786) 620-2700

    5 Total Sales

    Daniel Veitia
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10569755

MIAMI REALTORS® MLS

APN: 02-4203-364-0170

Florida Miami/Dade County Miami Beach 33139 Flamingo

551 Michigan Ave Unit 124, Miami Beach, FL

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