NOT LISTED FOR SALE

600 W 51st Terrace Unit w Miami Beach, FL 33140

La Gorce Neighborhood

Estimated Value: $1,967,000 - $2,158,678

3 Beds
3 Baths
3,032 Sq Ft
$676/Sq Ft Est. Value

Highlights

  • Outdoor Pool
  • Furnished
  • 2 Car Garage
  • North Beach Elementary School Rated A-
  • No HOA

About This Home

As of May 2023

Tropical dream home located in the heart of Miami Beach.

Last Agent to Rent the Property

Alexandra Hughley

Opera REI Inc License #3223641 Listed on: 05/03/2023

Last Renter's Agent

Alexandra Hughley

Opera REI Inc License #3223641 Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,716

Year Built

  • Built in 1952

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned 0100

Parking

  • 2 Car Garage

Interior Spaces

  • 3,032 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Outdoor Pool

Schools

  • Treasure Island Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Community Details

  • No Home Owners Association
  • Lake View Sub Subdivision

Listing and Financial Details

  • Property Available on 5/15/23
  • Assessor Parcel Number 02-32-22-022-0330

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,716

Year Built

Built in 1952

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-05-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: LAKE VIEW SUB
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Furnished
  • Living Area: 3032

Exterior Features

  • Pool Features: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE VIEW SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Treasure Island
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-22-022-0330
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Gerelf Llc
Bought by
Shabi Omri and Shabi Liel Green
Current Estimated Value
$2,048,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Outstanding Balance
$1,462,607
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$586,063

Purchase Details

Closed on
Dec 19, 2024
Sold by
Mp 600W51 Llc
Bought by
Gerelf Llc

Purchase Details

Listed on
May 3, 2023
Closed on
May 9, 2023
Sold by
Engelmajer Maria Manuela
Bought by
Mp 600W51 Llc
Seller's Agent
Alexandra Hughley
Opera REI Inc
Buyer's Agent
Alexandra Hughley
Opera REI Inc
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2020
Sold by
Engelmajer Francois
Bought by
Engelmajer Maria Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1998
Sold by
Kranichfeld William H and Kranichfeld Denise
Bought by
Engelmajer Francois and Engelmajer Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Shabi Omri $2,100,000 Attorneys Signature Title
Gerelf Llc $1,458,100 --
Mp 600W51 Llc -- Eastcor National Title Service
Engelmajer Maria Manuela -- Attorney
Engelmajer Francois $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabi Omri $1,470,000
Previous Owner Mp 600W51 Llc $1,250,000
Previous Owner Engelmajer Maria Manuela $410,000
Previous Owner Engelmajer Francois $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Rented $15,000 0.0% --
05/06/2023 05/06/23 Under Contract -- -- --
05/04/2023 05/04/23 For Rent $15,000 -- --
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 $31,716 $1,877,510 $1,500,000 $377,510
2024 $12,510 $1,687,823 $1,350,000 $337,823
2023 $12,510 $703,137 $0 $0
2022 $11,407 $648,353 $0 $0
2021 $11,364 $629,469 $0 $0
2020 $10,449 $580,507 $0 $0
2019 $10,206 $567,456 $0 $0
2018 $9,700 $556,876 $0 $0
2017 $9,609 $545,423 $0 $0
2016 $9,588 $534,205 $0 $0
2015 $9,710 $530,492 $0 $0
2014 $9,876 $526,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11381353

MIAMI REALTORS® MLS

APN: 02-3222-022-0330