$170,000
SOLD SEP 16, 2024
1 Bed
1 Bath
447 Sq Ft
$427/mo HOA Fee

Recently Sold

$380 Per Sq Ft

13% Below List Price

34 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 4-minute walk to Flamingo Park

About This Home

As of September 2024

This delightful studio, in a historic Art Deco building, offers vintage charm and modern convenience. Located directly across from Flamingo Park and walking distance to the beach and Lincoln Road, it places you at the heart of South Beach. Inside, you'll find a bright, airy space with Art Deco details. The efficient layout maximizes every inch, providing cozy living and ample storage. Enjoy morning jogs in the park, sunny days at the beach, and evenings exploring the boutiques and cafes of Lincoln Road. T Schedule your viewing today!

Last Agent to Sell the Property

Veronica Crego-flores

Genstone Realty License #3442761

Last Buyer's Agent

Veronica Crego-flores

Genstone Realty License #3442761

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1941

HOA Fees

  • $427 Monthly HOA Fees

Interior Spaces

  • 447 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-268-0060

Community Details

Overview

  • Marjo Condo
  • Marjo Condo Subdivision

Amenities

  • Interior Hall

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,730

Year Built

Built in 1941

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MARJO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Interior Amenities: Interior Hall
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 447
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 427
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-268-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Sep 3, 2024
Sold by
Nationstar Mortgage Llc
Bought by
Vrmtg Asset Trust and Us Bank Trust
Seller's Agent
Veronica Crego-flores
Genstone Realty
Buyer's Agent
Veronica Crego-flores
Genstone Realty
List Price
$194,900
Sold Price
$170,000
Premium/Discount to List
-$24,900
-12.78%
Total Days on Market
34
Views
96
Current Estimated Value
$174,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,198
Avg. Annual Appreciation
3.55%
Original Mortgage
$100,000
Outstanding Balance
$99,259
Interest Rate
6.47%
Mortgage Type
Balloon
Estimated Equity
$74,939

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 13, 2024
Sold by
Vrmtg Asset Trust and Us Bank Trust National Association
Bought by
Rapo Dos Santos Johanson Luciano
Seller's Agent
Veronica Crego-flores
Genstone Realty
Buyer's Agent
Veronica Crego-flores
Genstone Realty
List Price
$194,900
Sold Price
$170,000
Premium/Discount to List
-$24,900
-12.78%
Views
96

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
Outstanding Balance
$99,259
Interest Rate
6.47%
Mortgage Type
Balloon
Estimated Equity
$74,939

Purchase Details

Closed on
May 24, 2024
Sold by
Leff David A
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 18, 2005
Sold by
Harvey David C
Bought by
Leff David A and Leff Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2004
Sold by
Marjo Lc
Bought by
Harvey David C

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
1%
Mortgage Type
Unknown

Map

Range of Values:

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Average Value
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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
Quit Claim Deed -- Shore To Shore Title
Special Warranty Deed $170,000 Shore To Shore Title
Certificate Of Transfer $142,600 --
Warranty Deed $180,000 --
Special Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Balloon
Previous Owner $136,500 Fannie Mae Freddie Mac
Previous Owner $50,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $170,000 -5.6% $380 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $180,000 -7.6% $403 / Sq Ft
06/22/2024 06/22/24 For Sale $194,900 0.0% $436 / Sq Ft
02/05/2021 02/05/21 Rented $1,100 0.0% --
09/02/2020 09/02/20 Price Changed $1,100 -4.3% $2 / Sq Ft
06/24/2020 06/24/20 Price Changed $1,150 -4.2% $3 / Sq Ft
05/12/2020 05/12/20 For Rent $1,200 +9.1% --
05/17/2019 05/17/19 Rented $1,100 -8.3% --
03/01/2019 03/01/19 For Rent $1,200 +9.1% --
12/28/2018 12/28/18 Rented $1,100 0.0% --
10/03/2018 10/03/18 Price Changed $1,100 -4.3% $2 / Sq Ft
09/26/2018 09/26/18 Price Changed $1,150 -4.2% $3 / Sq Ft
09/13/2018 09/13/18 For Rent $1,200 -- --
Source: MIAMI REALTORS® MLS

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 $2,730 $149,633 -- --
2023 $2,730 $136,030 $0 $0
2022 $2,401 $123,664 $0 $0
2021 $2,171 $112,422 $0 $0
2020 $2,917 $150,700 $0 $0
2019 $2,655 $137,000 $0 $0
2018 $2,582 $137,313 $0 $0
2017 $2,557 $132,495 $0 $0
2016 $2,340 $120,450 $0 $0
2015 $2,328 $115,663 $0 $0
2014 $2,213 $105,149 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11611427

MIAMI REALTORS® MLS

APN: 02-4203-268-0060