NOT LISTED FOR SALE

557 Michigan Ave Unit 113 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $231,000 - $291,000

1 Bed
1 Bath
504 Sq Ft
$300/mo HOA Fee

Last Sold August 30, 2018

Last sale price $170,000 $337 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,953/month

38 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Views
  • Central Heating and Cooling System
  • South Pointe Elementary School Rated A-
  • Tile Flooring
  • Laundry Facilities

About This Home

As of August 2018

recently remodeled unit in the heart of Sobe, featuring stainless steel appliances, italian kitchen cabinets , tile floors. Close to supermarket and convenient to get on I-95

Last Agent to Sell the Property

Michelle Halfon

Compass Florida, LLC License #3157614 Listed on: 06/19/2018

Compass Florida, LLC

Co-Listed By

Fredy Urmeneta

MMLS Assoc.-Inactive Member License #3367551

Last Buyer's Agent

Michelle Halfon

Compass Florida, LLC License #3157614 Listed on: 06/19/2018

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1945

HOA Fees

  • $300 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 504 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-364-0050

Community Details

Overview

  • 551/557 Michigan Condo
  • 551/557 Michigan Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Additional Features

  • Laundry Facilities
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,746

Year Built

Built in 1945

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Property Sub Type: Condominium
  • Co List Office Mls Id: SARR01
  • Co List Office Phone: 305-397-8831
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 551/557 MICHIGAN CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 504
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Primary Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 551/557 michigan condo
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 300
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-364-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3746

Multi Family

  • Maintenance Expense: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 23, 2018
Sold by
Stripey Llc
Bought by
Sultana The King Llc
Seller's Agent
Michelle Halfon
Compass Florida, LLC
Buyer's Agent
Michelle Halfon
Compass Florida, LLC
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$251,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,209
Avg. Annual Appreciation
6.19%

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
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
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
08/30/2018 08/30/18 Sold $170,000 -5.0% $337 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $179,000 -- $355 / Sq Ft
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

  • Michelle Halfon

    Seller's Agent in 2018

    Michelle Halfon

    Compass Florida, LLC

    (305) 776-2174

    15 in this area

    40 Total Sales

    Michelle Halfon
    Section Image

  • F

    Seller Co-Listing Agent in 2018

    Fredy Urmeneta

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10489176

MIAMI REALTORS® MLS

APN: 02-4203-364-0050

Florida Miami/Dade County Miami Beach 33139 Flamingo

557 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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