NOT LISTED FOR SALE

557 Michigan Ave Unit 213 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $210,000 - $247,000

1 Bed
1 Bath
504 Sq Ft
1945 Built

Highlights

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

About This Home

As of January 2020

Totally newly renovated building in the Art Deco District, in the heart of South Beach. Modern 1 bedroom/1 bathroom. Enclosed gate for extra security. Very quiet neighborhood, walking distance to the beach, Lincoln rd, Whole Foods, shops, parks, the 5th & Alton Complex with Publix, Orangetheory & More and More among others. This unit includes laminated wood floors, stainless steel appliances, and hurricane impact windows with an on-site laundry! Just steps away from everything. For Showing Text or Showing Time

Last Agent to Rent the Property

Enrique Simonelli

Saggio Realty, Inc. License #3271327 Listed on: 01/03/2020

Last Renter's Agent

Gabriele Ohst-Trappio

Miami Beach Real Estate Group License #3055924

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 1945

Home Design

  • 504 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Microwave
  • West Facing Home
  • Central Heating

Listing and Financial Details

  • Property Available on 1/3/20
  • Assessor Parcel Number 02-42-03-364-0060

Community Details

Overview

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

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,989

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2020-01-03

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1945
  • Property Sub Type: Condominium
  • 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: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 504

Exterior Features

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

Garage/Parking

  • Park Building Name: 551/557 MICHIGAN CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-03-364-0060
  • Land Lease Amount Frequency: Annually
  • Zoning: 0000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Dec 13, 2019
Sold by
Tiapasil Llc
Bought by
Cratera Llc
Seller's Agent
Enrique Simonelli
Saggio Realty, Inc.
Buyer's Agent
Gabriele Ohst-Trappio
Miami Beach Real Estate Group
Sold Price
$1,350
Current Estimated Value
$233,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,512

Purchase Details

Closed on
May 5, 2015
Sold by
Inversiones South Beach Llc
Bought by
Tiapasil 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
Cratera Llc $197,000 Attorney
Tiapasil Llc $177,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Rented $1,350 -3.6% --
01/11/2020 01/11/20 Under Contract -- -- --
01/03/2020 01/03/20 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 $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

  • Enrique Simonelli

    Landlord's Agent in 2020

    Enrique Simonelli

    Saggio Realty, Inc.

    (305) 439-0325

    1 in this area

    11 Total Sales

    Enrique Simonelli
    Section Image

  • G

    Tenant's Agent in 2020

    Gabriele Ohst-Trappio

    Miami Beach Real Estate Group

    (786) 319-2258

    8 Total Sales

    Gabriele Ohst-Trappio
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10793526

MIAMI REALTORS® MLS

APN: 02-4203-364-0060

Florida Miami/Dade County Miami Beach 33139 Flamingo

557 Michigan Ave Unit 213, Miami Beach, FL

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