$235,000
SOLD MAY 14, 2025

740 Meridian Ave Unit 12 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
429 Sq Ft
$479/mo HOA Fee

Recently Sold

$548 Per Sq Ft

2% Below List Price

119 Days on Market

Highlights

  • Furnished
  • Separate Shower in Primary Bathroom
  • Laundry Room
  • South Pointe Elementary School Rated A-
  • Security Gate
  • Tile Flooring

About This Home

As of May 2025

Located in the Heart of South Beach, this modern 1-bedroom condo, is perfectly designed to combine comfort and style. Fully furnished and ready for you to move in, this unit is the perfect place to call home. Boasting an unbeatable location, this condo puts you just steps away from the best of South Beach--Lincoln Road, Flamingo Park, stunning beaches, world-class restaurants, and so much more!This gem truly needs to be seen in person to appreciate all it has to offer. Don't miss this incredible opportunity--schedule your private showing today and discover the South Beach lifestyle for yourself!

Last Agent to Sell the Property

Yelismar Colon

RE/MAX Gold License #3529363 Listed on: 01/15/2025

RE/MAX Gold

Co-Listed By

Nora Hambrick

RE/MAX Gold License #3275561

Last Buyer's Agent

Rafael Beltran Escobar

Compass Florida, LLC License #3389173

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • Built in 2016

HOA Fees

  • $479 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 429 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include common areas, insurance, sewer, water
  • 740 Meridian Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-372-0020
  • Seller Considering Concessions

Property Details

Home Type

Condominium

Est. Annual Taxes

$960

Year Built

Built in 2016

Lot Details

0

HOA Fees

$479 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2016
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 429.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 479.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Sewer, Water

Lot Info

  • Parcel #: 02-42-03-372-0020
  • Zoning Description: Res

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
May 12, 2025
Sold by
Cordon Ricardo and Hopkins Leigh
Bought by
Mastronardi Katherine
Seller's Agent
Yelismar Colon
RE/MAX Gold
Buyer's Agent
Rafael Beltran Escobar
Compass Florida, LLC
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Views
43
Current Estimated Value
$236,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036
Avg. Annual Appreciation
1.23%
Original Mortgage
$223,250
Outstanding Balance
$222,655
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$13,381

Purchase Details

Closed on
Jul 20, 2021
Sold by
Papc Investments Llc
Bought by
Morvent Llc

Purchase Details

Closed on
Aug 22, 2016
Sold by
740 Meridian Investment Llc
Bought by
Papc Investments Llc
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 $235,000 Ads Title
Warranty Deed $235,000 Ads Title
Warranty Deed $150,000 Attorney
Warranty Deed $150,000 None Listed On Document
Special Warranty Deed $210,000 Abstract & Title Services In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,250 New Conventional
Closed $223,250 New Conventional
Previous Owner $187,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $235,000 -2.1% $548 / Sq Ft
01/15/2025 01/15/25 For Sale $240,000 +4.3% $559 / Sq Ft
06/03/2022 06/03/22 Sold $230,000 -4.2% $536 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $240,000 0.0% $559 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $240,000 -4.0% $559 / Sq Ft
03/08/2022 03/08/22 For Sale $250,000 0.0% $583 / Sq Ft
10/20/2021 10/20/21 Rented -- -- --
10/06/2021 10/06/21 Under Contract -- -- --
10/01/2021 10/01/21 For Rent $1,600 +23.1% --
09/18/2019 09/18/19 Rented $1,300 -7.1% --
08/29/2019 08/29/19 Under Contract -- -- --
07/02/2019 07/02/19 For Rent $1,400 +5.7% --
11/01/2016 11/01/16 Rented $1,325 -7.0% --
11/01/2016 11/01/16 Under Contract -- -- --
10/21/2016 10/21/16 Price Changed $1,425 -5.0% $3 / Sq Ft
10/20/2016 10/20/16 For Rent $1,500 -- --
Source: BeachesMLS

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 $960 $200,234 -- --
2024 $3,570 $194,591 -- --
2023 $3,570 $188,924 $0 $0
2022 $2,415 $128,520 $0 $0
2021 $2,919 $151,200 $0 $0
2020 $2,927 $151,200 $0 $0
2019 $2,791 $144,000 $0 $0
2018 $3,084 $164,000 $0 $0
2017 $3,123 $164,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11052924

BeachesMLS

APN: 02-4203-372-0020