NOT LISTED FOR SALE

Estimated Value: $194,000 - $215,000

-- Bed
1 Bath
401 Sq Ft
$214/mo HOA Fee

Last Sold August 15, 2022

Last sale price $187,000 $466 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,377/month

34 Days on Market

Highlights

  • Furnished
  • Studio bedroom
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Laundry Facilities

About This Home

As of August 2022

Tastefully Renovated Studio 3 Blocks from the Beach!
Low Maintaince! Low Taxes!
Seller Financing up to 70%
Whether you're looking for a New Home, Vacation Home or a Money Making Lucrative Rental Investment, this Charming Condo is an Outstanding Value at this Price Point.
The Red-Hot Rental Market in Miami Beach has Increased Exponentially and
with a High Cap Rate of 7% , makes this is an Excellent Investment Opportunity.
Current Market Rent for this Condo is $1600 - $1700 a Month.
Centrally Located.
Just Blocks from the Best Restaurants, Flamingo Park, Versace Mansion and Lincoln Road.
Very Quiet Residential Neighborhood.
Well Maintained Building.
The Lowest Maintenance in South Beach.
Location, Location, Location !

Last Agent to Sell the Property

Jason Mccarthy

Coldwell Banker Realty License #3399205 Listed on: 07/11/2022

Coldwell Banker Realty

Last Buyer's Agent

Robert Cantu

MMLS Assoc.-Inactive Member License #3374427

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1957

HOA Fees

  • $214 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stucco Exterior

Interior Spaces

  • 401 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-131-0140

Community Details

Overview

  • Bufferd Condo
  • Bufferd Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Laundry Facilities
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,134

Year Built

Built in 1957

Lot Details

0

HOA Fees

$214 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: BUFFERD CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 401
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Studio

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 214
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-131-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 10, 2022
Sold by
Legacia Srl Llc
Bought by
Aghayan Veronic
Seller's Agent
Jason Mccarthy
Coldwell Banker Realty
Buyer's Agent
Robert Cantu
MMLS Assoc.-Inactive Member
List Price
$184,000
Sold Price
$187,000
Premium/Discount to List
$3,000
1.63%
Views
5
Current Estimated Value
$202,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,198
Avg. Annual Appreciation
2.48%

Purchase Details

Listed on
Apr 25, 2016
Closed on
Mar 31, 2017
Sold by
Ayr Ventures Llc
Bought by
Legacia Srl Llc
Seller's Agent
Roy Benmeir
One Sotheby's International Re
Buyer's Agent
Fernando Terry
MMLS Assoc.-Inactive Member
List Price
$159,500
Sold Price
$144,777
Premium/Discount to List
-$14,723
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Yedida Avraham
Bought by
Ayr Ventures Llc

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 14, 2013
Sold by
S & M Florida Investment Inc Trs
Bought by
Honor Jonothan
Seller's Agent
Roy Benmeir
One Sotheby's International Re
Buyer's Agent
Roy Benmeir
One Sotheby's International Re
Sold Price
$1,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Listed on
Apr 19, 2013
Closed on
Apr 4, 2013
Sold by
Honor Jonothan
Bought by
S & M Florida Investments Inc
Seller's Agent
Roy Benmeir
One Sotheby's International Re
Buyer's Agent
Roy Benmeir
One Sotheby's International Re
Sold Price
$1,050

Purchase Details

Listed on
Apr 19, 2013
Closed on
Mar 7, 2013
Sold by
Mchugh Daniel W
Bought by
Yedidya Avraham
Seller's Agent
Roy Benmeir
One Sotheby's International Re
Buyer's Agent
Roy Benmeir
One Sotheby's International Re
Sold Price
$1,050

Purchase Details

Closed on
Jun 6, 2012
Sold by
Honor Jonothan and Mchugh Daniel W
Bought by
Mchugh Daniel W

Purchase Details

Closed on
May 10, 2002
Sold by
Michael J Agricola I
Bought by
Honor Jonothan and Mchugh Daniel W

Purchase Details

Closed on
Feb 25, 1999
Sold by
Palestrini Gail
Bought by
Agricola Michael J and Delgado Miguel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.84%
Source: Public Records

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 Buyer Sale Price Title Company
Aghayan Veronic $187,000 Law Mandel Pllc
Legacia Srl Llc $144,800 The Closing Company Title &
Ayr Ventures Llc -- Attorney
Honor Jonothan -- --
S & M Florida Investments Inc $73,000 None Available
Yedidya Avraham $98,000 None Available
Mchugh Daniel W -- Attorney
Honor Jonothan $60,000 --
Agricola Michael -- --
Agricola Michael J $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agricola Michael J $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2022 08/15/22 Sold $187,000 +1.6% $466 / Sq Ft
07/11/2022 07/11/22 For Sale $184,000 0.0% $459 / Sq Ft
06/28/2018 06/28/18 Rented $1,300 0.0% --
06/14/2018 06/14/18 Under Contract -- -- --
04/16/2018 04/16/18 For Rent $1,300 0.0% --
03/31/2017 03/31/17 Sold $144,777 -3.4% $336 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
02/04/2017 02/04/17 Price Changed $149,900 -3.2% $348 / Sq Ft
01/31/2017 01/31/17 Price Changed $154,900 +0.3% $359 / Sq Ft
01/31/2017 01/31/17 Price Changed $154,500 -3.1% $358 / Sq Ft
10/19/2016 10/19/16 Price Changed $159,500 0.0% $370 / Sq Ft
10/19/2016 10/19/16 For Sale $159,500 +10.2% $370 / Sq Ft
08/24/2016 08/24/16 Off Market $144,777 -- --
08/09/2016 08/09/16 Rented $1,150 0.0% --
07/08/2016 07/08/16 Under Contract -- -- --
07/05/2016 07/05/16 Price Changed $1,150 -4.2% $3 / Sq Ft
06/28/2016 06/28/16 Price Changed $1,200 -4.0% $3 / Sq Ft
06/01/2016 06/01/16 For Rent $1,250 -99.2% --
06/01/2016 06/01/16 Under Contract -- -- --
05/26/2016 05/26/16 Price Changed $164,000 0.0% $381 / Sq Ft
05/26/2016 05/26/16 For Rent $1,250 0.0% --
04/25/2016 04/25/16 For Sale $169,900 0.0% $394 / Sq Ft
05/06/2015 05/06/15 Rented $1,225 -2.0% --
05/06/2015 05/06/15 For Rent $1,250 +8.7% --
05/16/2014 05/16/14 Rented $1,150 -8.0% --
04/16/2014 04/16/14 Under Contract -- -- --
03/27/2014 03/27/14 For Rent $1,250 +19.0% --
04/19/2013 04/19/13 Rented $1,050 0.0% --
04/19/2013 04/19/13 For Rent $1,050 0.0% --
03/26/2013 03/26/13 Sold $98,000 -18.3% $244 / Sq Ft View Prior Sale
01/13/2013 01/13/13 Pending -- -- --
12/23/2012 12/23/12 For Sale $120,000 -- $299 / 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 $1,130 $135,605 -- --
2024 $1,068 $131,784 -- --
2023 $1,068 $127,946 $0 $0
2022 $2,077 $110,544 $0 $0
2021 $2,134 $110,544 $0 $0
2020 $2,277 $117,600 $0 $0
2019 $2,072 $106,920 $0 $0
2018 $2,184 $116,138 $0 $0
2017 $2,280 $119,730 $0 $0
2016 $2,326 $119,730 $0 $0
2015 $2,372 $119,730 $0 $0
2014 $2,433 $119,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11220395

MIAMI REALTORS® MLS

APN: 02-4203-131-0140