740 Meridian Ave Unit 12 Miami Beach, FL 33139
Flamingo Neighborhood
1
Bed
1
Bath
429
Sq Ft
$356/mo
HOA Fee
Highlights
- Newly Remodeled
- 1 Car Attached Garage
- Ceramic Tile Flooring
- South Pointe Elementary School Rated A-
- Courtyard
- Central Air
About This Home
As of May 2025South Beach – Good investment. One unit for sale (Unit 12) is leased for $1,600 per month. Gross income on this unit is $19,200. Building and unit completely remodeled in 2006, including structural improvements, new roof, electricity, and plumbing. All units have tile floor, new appliances. Washer/Dryer inside the unit. The building is well-maintained. The association has reserves in good shape. No short-term rentals permitted. Not easy to show. Please send your offer to confirm your appointment.
Last Agent to Sell the Property
Fortune Christie's Intl R.E. License #3040502 Listed on: 03/08/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,919
Year Built
- Built in 2016 | Newly Remodeled
HOA Fees
- $356 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Interior Spaces
- 429 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Courtyard
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 02-42-03-372-0020
Community Details
Overview
- 740 Meridian Condos
- 740 Meridian Subdivision
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Complex Is Fenced
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$223,250
Outstanding Balance
$222,855
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$14,900
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
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| 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: MIAMI REALTORS® MLS
Tax History Compared to Growth
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
-
Y
Seller's Agent in 2025
Yelismar Colon
RE/MAX
-
N
Seller Co-Listing Agent in 2025
Nora Hambrick
RE/MAX
-
R
Buyer's Agent in 2025
Rafael Beltran Escobar
Compass Florida, LLC.
-
J
Buyer Co-Listing Agent in 2025
Joanna Jimenez
Compass Florida, LLC.
-
E
Seller's Agent in 2022
Eduardo Azofra
Fortune Christie's Intl R.E.
-
M
Buyer's Agent in 2022
Michael Almazan
Luxe Properties
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11171381
APN: 02-4203-372-0020
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