$229,000
SOLD MAR 19, 2015
1 Bed
1 Bath
657 Sq Ft
$394/mo HOA Fee

Recently Sold

$349 Per Sq Ft

8% Below List Price

74 Days on Market

Highlights

  • Intercom to Front Desk
  • Garden View
  • Ceramic Tile Flooring
  • South Pointe Elementary School Rated A-
  • Balcony
  • 4-minute walk to Canopy Park

About This Home

As of July 2025

GORGEOUS APARTMENT IN THE HEART OF SOUTH BEACH. BIKE TO BEACHES, WALK TO SHOPS AND RESTAURANTS. ENJOY SOBE LIFESTYLE AT A FRACTION OF THE COST OF MOST HIGH-RISES. NEW KITCHEN FEATURING STAINLESS STEEL APPLIANCES, MARBLE BATH WITH GRANITE COUNTERTOPS, TILE FLOORS. COVERED PARKING. GREAT OPPORTUNITY!

Last Agent to Sell the Property

Federico Olivieri

Interealty Exchange Inc License #3242715 Listed on: 12/04/2014

Last Buyer's Agent

Federico Olivieri

Interealty Exchange Inc License #3242715 Listed on: 12/04/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1979

HOA Fees

  • $394 Monthly HOA Fees

Interior Spaces

  • 657 Sq Ft Home
  • 3-Story Property
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Parking Space
  • Covered Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-150-0040

Community Details

Overview

  • Low-Rise Condominium
  • Michigan Terrace Condo

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Pet Policy

  • Pets Allowed

Building Details

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,336

Year Built

Built in 1979

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 657
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Window Features: Hurricane Shutters, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MICHIGAN TERRACE CONDO
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 394
  • Amenities: Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-150-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 394

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Jun 3, 2025
Sold by
Dream 2 Miami Llc
Bought by
Siocam Usa Llc
Seller's Agent
Roberto Cuneo
Coldwell Banker Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$250,000
Sold Price
$250,000
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$76,000
Outstanding Balance
$69,864
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$181,915

Purchase Details

Listed on
Dec 4, 2014
Closed on
Mar 11, 2015
Sold by
Dco Property Group Llc
Bought by
Dream 2 Miami Llc
Seller's Agent
Federico Olivieri
Interealty Exchange Inc
Buyer's Agent
Federico Olivieri
Interealty Exchange Inc
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%

Purchase Details

Closed on
Dec 17, 2013
Sold by
750 Michigan Ave 203 Llc
Bought by
Dco Property Group Llc

Purchase Details

Listed on
Aug 16, 2013
Closed on
Oct 10, 2013
Sold by
Lopez Jose A and De Oca Fermin Montes
Bought by
750 Michigan Ave 203 Llc
Seller's Agent
Federico Olivieri
MMLS Assoc.-Inactive Member
Buyer's Agent
Federico Olivieri
Interealty Exchange Inc
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Martinez Elizabeth
Bought by
Lopez Jose A and Deoca Fermin Montes

Purchase Details

Closed on
Apr 14, 2003
Sold by
Treonowicz Shoshana and Candiotti Adele
Bought by
Martinez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
5.6%
Mortgage Type
Unknown
Source: Public Records

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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 $250,000 Titles Unlimited
Warranty Deed $250,000 Titles Unlimited
Warranty Deed $229,000 None Available
Special Warranty Deed $180,000 Attorney
Warranty Deed $170,000 Attorney
Warranty Deed $212,000 P & P Title Services Llc
Warranty Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,000 Construction
Closed $76,000 Construction
Previous Owner $60,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $101,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $250,000 0.0% $381 / Sq Ft
02/26/2025 02/26/25 For Sale $250,000 0.0% $381 / Sq Ft
12/01/2024 12/01/24 Rented $2,050 0.0% --
10/08/2024 10/08/24 Price Changed $2,050 -5.7% $3 / Sq Ft
09/18/2024 09/18/24 Price Changed $2,175 -5.4% $3 / Sq Ft
07/16/2024 07/16/24 For Rent $2,300 0.0% --
10/01/2022 10/01/22 Rented $2,300 +2.2% --
09/14/2022 09/14/22 Under Contract -- -- --
08/24/2022 08/24/22 For Rent $2,250 +55.2% --
06/23/2020 06/23/20 Rented $1,450 0.0% --
06/13/2020 06/13/20 Under Contract -- -- --
04/29/2020 04/29/20 For Rent $1,450 -6.5% --
04/22/2016 04/22/16 Rented $1,550 0.0% --
04/16/2016 04/16/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $1,550 0.0% --
03/19/2015 03/19/15 Sold $229,000 -4.2% $349 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/26/2015 01/26/15 Price Changed $239,000 -4.0% $364 / Sq Ft
12/04/2014 12/04/14 For Sale $249,000 +38.3% $379 / Sq Ft
10/10/2013 10/10/13 Sold $180,000 -9.5% $274 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $199,000 0.0% $303 / Sq Ft
12/07/2012 12/07/12 Rented $1,450 -3.3% --
12/07/2012 12/07/12 For Rent $1,500 -- --
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 $3,841 $200,005 -- --
2024 $3,325 $181,823 -- --
2023 $3,325 $165,294 $0 $0
2022 $2,823 $150,268 $0 $0
2021 $3,343 $173,120 $0 $0
2020 $3,715 $203,670 $0 $0
2019 $3,622 $219,000 $0 $0
2018 $2,875 $152,894 $0 $0
2017 $2,941 $154,438 $0 $0
2016 $3,614 $186,070 $0 $0
2015 $2,731 $137,830 $0 $0
2014 $2,800 $137,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A2041713

MIAMI REALTORS® MLS

APN: 02-4203-150-0040