
642 Michigan Ave Unit 20 Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $2,813/month
Highlights
- Vaulted Ceiling
- Garden View
- Cooling Available
- South Pointe Elementary School Rated A-
- Balcony
- Laundry Facilities
About This Home
Investor/Developer Opportunity in South Beach Location!
Located in the heart of South Beach, this property offers unbeatable location value just steps from the beach, Lincoln Road, and all that Miami Beach has to offer. The building currently does not have a Certificate of Occupancy, presenting a unique opportunity for redevelopment or major renovation. Ideal for savvy investors or developers seeking a value-add or ground-up project in one of Miami’s most desirable markets. Unlock the full potential of this site in a high-demand area poised for transformation.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,113
Year Built
- Built in 1925
HOA Fees
- $1,114 Monthly HOA Fees
Home Design
- Garden Apartment
- Wood Siding
- Metal Construction or Metal Frame
Interior Spaces
- 520 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Garden Views
- Washer
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- On-Street Parking
- Open Parking
Schools
- South Pointe Elementary School
- Feinberg-Fisher K8 Middle School
- Miami Beach High School
Utilities
- Cooling Available
- Heating System Uses Gas
- Gas Tank Leased
- Gas Water Heater
Additional Features
- Balcony
- Fenced
Listing and Financial Details
- Assessor Parcel Number 02-42-03-221-0290
Community Details
Overview
- 29 Units
- Low-Rise Condominium
- Sevila Plaza Condos
- Sevilla Condo Subdivision
Amenities
- Trash Chute
- Laundry Facilities
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Complex Is Fenced
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $2,757 | $153,644 | -- | -- |
2023 | $2,757 | $132,244 | $0 | $0 |
2022 | $2,259 | $120,222 | $0 | $0 |
2021 | $2,544 | $131,750 | $0 | $0 |
2020 | $3,001 | $155,000 | $0 | $0 |
2019 | $3,275 | $169,000 | $0 | $0 |
2018 | $3,336 | $177,405 | $0 | $0 |
2017 | $2,827 | $148,456 | $0 | $0 |
2016 | $634 | $70,235 | $0 | $0 |
2015 | $646 | $69,747 | $0 | $0 |
2014 | $661 | $69,194 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | For Sale | $275,000 | +22.2% | $529 / Sq Ft |
08/11/2017 08/11/17 | Sold | $225,000 | -6.2% | $433 / Sq Ft |
06/02/2017 06/02/17 | Pending | -- | -- | -- |
05/25/2017 05/25/17 | Price Changed | $239,900 | -4.0% | $461 / Sq Ft |
02/22/2017 02/22/17 | For Sale | $249,900 | -- | $481 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $225,000 | Attorney | |
Warranty Deed | $60,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $180,000 | New Conventional | |
Previous Owner | $126,000 | Credit Line Revolving | |
Previous Owner | $144,000 | Credit Line Revolving | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $110,000 | Credit Line Revolving | |
Previous Owner | $65,000 | Credit Line Revolving | |
Previous Owner | $45,000 | New Conventional |
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Source: MIAMI REALTORS® MLS
MLS Number: A11841046

APN: 02-4203-221-0290
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