NOT LISTED FOR SALE

716 Michigan Ave Unit 505 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $209,059 - $268,000

1 Bed
1 Bath
470 Sq Ft
1970 Built

Highlights

  • Garden View
  • No HOA
  • 1 Car Attached Garage
  • South Pointe Elementary School Rated A-
  • Balcony
  • Snack Bar or Counter

About This Home

As of December 2021

Michigan Towers - perfect boutique building to call home! Ready to move-in 1/1 pied-a-terre, freshly painted, tile floors throughout. 3 large closets. Long open balcony, 1 covered parking space in a secure gated parking garage. Laundry facilities on 2nd floor. Walking distance to the beach, Whole Foods, dining and entertainment. Required move-in: first month, last month, 1 month security deposit, copy of Drivers License, Credit report and Cervera Real Estate application attached. In addition tenant must apply with condo management company - Regatta RE Mgmt Co. and pay $100 application fee. NO PETS allowed per condo rules & regulations.

Last Agent to Rent the Property

Tina Falla-Trelles

Cervera Real Estate Inc. License #0536483 Listed on: 11/19/2021

Cervera Real Estate Inc.

Last Renter's Agent

Federica Lorusso

MMLS Assoc.-Inactive Member License #3497902

MMLS Assoc.-Inactive Member

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1970

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 470 Sq Ft Home
  • Sliding Windows
  • Open Floorplan
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • South Facing Home

Listing and Financial Details

  • Property Available on 11/19/21
  • Assessor Parcel Number 02-42-03-116-0190

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Michigan Towers Condo
  • Michigan Towers Condo,Michigan Towers Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,228

Year Built

Built in 1970

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2021-11-19

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: MICHIGAN TOWERS CONDO,Michigan Towers
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 470
  • Window Features: Sliding
  • Dining Room Features: Dining/Living Room, Kitchen Dining, Snack Bar/Counter

Exterior Features

  • View: Garden
  • Exterior Features: Open Balcony
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MICHIGAN TOWERS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association: No
  • Community Features: Laundry Facilities

Lot Info

  • Parcel Number: 02-42-03-116-0190
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2009
Sold by
Frastai Moises
Bought by
Mancusi Marzia
Current Estimated Value
$245,265

Purchase Details

Closed on
Jun 23, 2005
Sold by
Grundwerg Samuel A and Grundwerg Julia E
Bought by
Frastai Moises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 27, 2000
Sold by
Silver Thelma
Bought by
Grundwerg Samuel A and Grundwerg Julia E
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
Mancusi Marzia $84,000 Attorney
Frastai Moises $80,000 --
Grundwerg Samuel A $38,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frastai Moises $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Rented -- -- --
11/19/2021 11/19/21 For Rent $1,800 +28.6% --
05/01/2019 05/01/19 Rented $1,400 0.0% --
03/15/2019 03/15/19 For Rent $1,400 +7.7% --
01/23/2014 01/23/14 Rented $1,300 0.0% --
01/23/2014 01/23/14 For Rent $1,300 -- --
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 $3,228 $174,361 -- --
2024 $2,942 $158,510 -- --
2023 $2,942 $144,100 $0 $0
2022 $2,461 $131,000 $0 $0
2021 $2,529 $131,000 $0 $0
2020 $2,542 $131,320 $0 $0
2019 $2,597 $134,000 $0 $0
2018 $2,427 $134,120 $0 $0
2017 $2,321 $114,776 $0 $0
2016 $2,245 $104,342 $0 $0
2015 $2,178 $94,857 $0 $0
2014 $1,994 $86,234 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tina Falla-Trelles

    Landlord's Agent in 2021

    Tina Falla-Trelles

    Cervera Real Estate Inc.

    (305) 606-4228

    43 Total Sales

    Tina Falla-Trelles
    Section Image

  • F

    Tenant's Agent in 2021

    Federica Lorusso

    MMLS Assoc.-Inactive Member

    Section Image
  • David Ramirez

    Seller's Agent in 2019

    David Ramirez

    United Realty Group Inc

    (305) 632-9378

    2 in this area

    26 Total Sales

    David Ramirez
    Section Image

  • E

    Seller's Agent in 2014

    Ethelbert Bascom

    Renters Connectors

    (305) 538-2885

    8 Total Sales

    Ethelbert Bascom
    Section Image

  • M

    Buyer's Agent in 2014

    Michelle La Llave

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11127485

MIAMI REALTORS® MLS

APN: 02-4203-116-0190

Florida Miami/Dade County Miami Beach 33139 Flamingo

716 Michigan Ave Unit 505, Miami Beach, FL

This home is located at 716 Michigan Ave Unit 505, Miami Beach, FL 33139 since 19 November 2021 and is currently priced at $245,265. This property was built in 1970. 716 Michigan Ave Unit 505 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

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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