NOT LISTED FOR SALE

557 Michigan Ave Unit 112 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $241,000 - $275,000

1 Bed
1 Bath
521 Sq Ft
1945 Built

Highlights

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

About This Home

As of January 2021

remodeled unit in the heart of South Beach featuring wood floors, stainless steel kitchen closed to hot spots in South Beach

Last Agent to Rent the Property

Michelle Halfon

Compass Florida, LLC License #3157614 Listed on: 10/19/2020

Compass Florida, LLC

Co-Listed By

Fredy Urmeneta

MMLS Assoc.-Inactive Member License #3367551

Last Renter's Agent

Angela Garcia

MMLS Assoc.-Inactive Member License #3482407

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 1945

Lot Details

  • South Facing Home

Home Design

  • 521 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 10/19/20
  • Assessor Parcel Number 02-42-03-364-0030

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

$4,069

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2020-10-19

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: 521

Exterior Features

  • Direction Faces: South
  • 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: 02-42-03-364-0030
  • Land Lease Amount Frequency: Annually
  • Zoning: 0000
  • 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
Caribe Life Corp
Current Estimated Value
$254,234
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
Caribe Life Corp $248,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Rented $1,400 0.0% --
01/05/2021 01/05/21 Under Contract -- -- --
12/11/2020 12/11/20 Price Changed $1,400 -3.4% $3 / Sq Ft
10/19/2020 10/19/20 For Rent $1,450 0.0% --
02/28/2017 02/28/17 Rented $1,450 -3.3% --
02/20/2017 02/20/17 Under Contract -- -- --
01/12/2017 01/12/17 For Rent $1,500 -- --
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 $4,069 $192,564 -- --
2024 $3,546 $203,413 -- --
2023 $3,546 $184,921 $0 $0
2022 $3,259 $168,110 $0 $0
2021 $2,951 $152,828 $0 $0
2020 $2,778 $143,500 $0 $0
2019 $3,973 $205,000 $0 $0
2018 $4,062 $216,000 $0 $0
2017 $4,113 $216,000 $0 $0
2016 $3,885 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Halfon

    Landlord's Agent in 2021

    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 2021

    Fredy Urmeneta

    MMLS Assoc.-Inactive Member

  • A

    Tenant's Agent in 2021

    Angela Garcia

    MMLS Assoc.-Inactive Member

  • L

    Buyer's Agent in 2017

    Lisa Almy

    Beachfront Realty Inc

    (305) 405-0615

    1 Total Sale

    Lisa Almy
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10944699

MIAMI REALTORS® MLS

APN: 02-4203-364-0030

Florida Miami/Dade County Miami Beach 33139 Flamingo

557 Michigan Ave Unit 112, Miami Beach, FL

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