$183,000
SOLD APR 2, 2019

7326 Collins Ave Unit 102 Miami Beach, FL 33141

North Shore Neighborhood
1 Bed
1 Bath
488 Sq Ft
$267/mo HOA Fee

Recently Sold

$375 Per Sq Ft

3% Below List Price

53 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Video Cameras
  • Furnished
  • Built-In Features
  • 4-minute walk to North Shore Park & Youth Center

About This Home

As of April 2019

Fully furnished and equipped (turnkey) 1 bedroom & 1 bathroom one block from the beach. Art deco building completely renovated in 2005. Secured building with 24 hour surveillance. Unit features Stainless Steel appliances and laminate wood floor throughout. Laundry room in the building. Free residential parking on street two blocks away. Walk to restaurants, shopping, and entertainment. Low Maintenance. Great for investors. Building allows short term rental and fully compliant with the ordinance of City of Miami Beach (BTR & Resort Tax)

Last Agent to Sell the Property

Xavier Doe

Fortune Christie's International Real Estate License #3268721 Listed on: 01/18/2019

Fortune Christie's International Real Estate

Last Buyer's Agent

Luiz Cavalcanti

Compass Florida, LLC License #3266495

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1940

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 488 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Video Cameras
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-118-0020

Community Details

Overview

  • Low-Rise Condominium
  • Welworth Condo
  • Welworth Condo Subdivision

Amenities

  • Elevator
  • Secure Lobby

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,746

Year Built

Built in 1940

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Condominium
  • Directions: Google Maps
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: WELWORTH CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Furnished: Furnished
  • Living Area: 488
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WELWORTH CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 267
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-118-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 267

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 1, 2019
Sold by
Mathiews Property Llc
Bought by
Diaz Franklin
Seller's Agent
Xavier Doe
Fortune Christie's International Real Estate
Buyer's Agent
Luiz Cavalcanti
Compass Florida, LLC
List Price
$188,900
Sold Price
$183,000
Premium/Discount to List
-$5,900
-3.12%
Current Estimated Value
$297,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,589
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Feb 10, 2016
Sold by
Baudiere Jacques
Bought by
Mathiews Property Llc

Purchase Details

Closed on
Aug 27, 2010
Sold by
Matkat Llc
Bought by
Baudiere Jacques

Purchase Details

Closed on
Jan 9, 2010
Sold by
Varon George and Varon Tiffany
Bought by
Matkat Llc

Purchase Details

Closed on
Feb 25, 2005
Sold by
Welworth Associates Llc
Bought by
Varon George and Varon Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,927
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $183,000 Attorney
Warranty Deed $155,000 Attorney
Warranty Deed $90,000 Clear Title Services Inc
Warranty Deed -- Attorney
Special Warranty Deed $141,100 Hemisphere Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Credit Line Revolving
Previous Owner $126,927 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $183,000 -3.1% $375 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $188,900 -- $387 / Sq Ft
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 $4,231 $220,492 -- --
2024 $4,037 $200,448 -- --
2023 $4,037 $182,226 $0 $0
2022 $3,172 $165,660 $0 $0
2021 $2,908 $150,600 $0 $0
2020 $2,997 $154,800 $0 $0
2019 $2,971 $153,319 $0 $0
2018 $2,746 $146,018 $0 $0
2017 $2,528 $132,744 $0 $0
2016 $2,045 $99,118 $0 $0
2015 $1,978 $90,108 $0 $0
2014 $1,932 $81,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10602684

MIAMI REALTORS® MLS

APN: 02-3202-118-0020