$140,000

642 Michigan Ave Unit 24 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $1,403/month

Total Views 4,974
-- Bed
1 Bath
285 Sq Ft
$491 Price per Sq Ft

Highlights

  • Intercom to Front Desk
  • Skyline View
  • Old Spanish Architecture
  • South Pointe Elementary School Rated A-
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

Investor/Developer opportunity in the heart of South Beach Location! 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 market.

Listing Agent

Stefanie Giese

The Keyes Company License #3561450 Listed on: 07/23/2025

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $628

Year Built

  • Built in 1925 | Remodeled

HOA Fees

  • $605 Monthly HOA Fees

Home Design

  • Old Spanish Architecture
  • Entry on the 3rd floor
  • Wood Siding
  • Stucco Exterior
  • Metal Construction or Metal Frame

Interior Spaces

  • 1 Full Bathroom
  • 285 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Skyline Views

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Courtyard
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-221-0120

Community Details

Overview

  • 29 Units
  • Low-Rise Condominium
  • Sevilla Plaza Condos
  • Sevilla Condo Subdivision

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Pet Policy

  • Pets Allowed

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$628

Year Built

Built in 1925 | Remodeled

Lot Details

0

HOA Fees

$605 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Old Spanish
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Sevilla Condo
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Wood
  • Living Area: 285
  • Stories: 3
  • Bedroom Features: None

Exterior Features

  • View: Skyline
  • Exterior Features: Courtyard
  • Construction Type: Concrete Block Construction, Metal Construction, Stucco, Wood Siding
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sevilla Plaza
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Smoke Detector, Complex Fenced, Fire Alarm, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 605
  • Amenities: Laundry, None
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-221-0120

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units In Community: 29
  • Number Of Units Total: 29

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 628

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $628 $76,033 -- --
2024 $618 $73,891 -- --
2023 $618 $71,739 $0 $0
2022 $599 $69,650 $0 $0
2021 $606 $67,622 $0 $0
2020 $603 $66,689 $0 $0
2019 $593 $65,190 $0 $0
2018 $564 $63,975 $0 $0
2017 $565 $62,660 $0 $0
2016 $569 $61,372 $0 $0
2015 $579 $60,946 $0 $0
2014 $591 $60,463 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $140,000 -- $491 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,800 --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,000 Credit Line Revolving
Closed $7,500 Credit Line Revolving
Closed $62,510 Unknown
Previous Owner $21,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11845093

MIAMI REALTORS® MLS

APN: 02-4203-221-0120