NOT LISTED FOR SALE

Estimated Value: $281,831 - $295,000

2 Beds
1 Bath
620 Sq Ft
$590/mo HOA Fee

Last Sold July 21, 2023

Last sale price $300,000 $484 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,496/month

16 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Cooling System Mounted To A Wall/Window
  • Main Floor Bedroom
  • Furnished
  • 5-minute walk to Flamingo Park

About This Home

As of July 2023

Charming 2 bedroom in the heart of South Beach. Very comfortable apartment, full of light and well-equipped. Walking distance from restaurants, shops and the beach. Perfect investment for the real South Beach experience.

Last Agent to Sell the Property

Zelda Freud

The Corcoran Group License #3246472 Listed on: 05/08/2023

The Corcoran Group

Last Buyer's Agent

Delphine Tuliere

Shelton and Stewart REALTORS License #3455396

Shelton and Stewart REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1948

Lot Details

  • End Unit

HOA Fees

  • $590 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 620 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Flooring
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-232-0030

Community Details

Overview

  • The Lorena Condo
  • The Lorena Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,909

Year Built

Built in 1948

Lot Details

0

HOA Fees

$590 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE LORENA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 620
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Lorena Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry

Condo/Co-op/Association

  • Association Fee: 590
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-232-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 20, 2023
Sold by
Berkshire Communications Llc
Bought by
Lopez Julien Aubry
Seller's Agent
Zelda Freud
The Corcoran Group
Buyer's Agent
Delphine Tuliere
Shelton and Stewart REALTORS
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%
Views
18
Current Estimated Value
$290,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,042
Avg. Annual Appreciation
-1.34%
Original Mortgage
$225,000
Outstanding Balance
$219,306
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$71,652

Purchase Details

Listed on
Feb 14, 2012
Closed on
Jun 21, 2012
Sold by
Realtybiz Llc
Bought by
Berkshire Communications Llc
Seller's Agent
Max Picchiura
SOBE International Realty
Buyer's Agent
Zelda Freud
The Corcoran Group
List Price
$261,000
Sold Price
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Jul 21, 2011
Sold by
Dargan Theodore
Bought by
Realtybiz Llc

Purchase Details

Closed on
Jun 13, 2000
Sold by
Baum Paul A and Baum Rachel
Bought by
Dargan Theodore
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 Buyer Sale Price Title Company
Lopez Julien Aubry $300,000 Star Title Solutions
Berkshire Communications Llc $261,000 Attorney
Realtybiz Llc $150,000 Attorney
Dargan Theodore $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Julien Aubry $225,000
Previous Owner Dargan Theodore $67,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2023 07/21/23 Sold $300,000 +3.8% $484 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $289,000 0.0% $466 / Sq Ft
12/28/2018 12/28/18 Rented $1,800 -2.7% --
10/15/2018 10/15/18 For Rent $1,850 +2.8% --
11/13/2017 11/13/17 Rented $1,800 -5.3% --
08/10/2017 08/10/17 For Rent $1,900 0.0% --
02/27/2017 02/27/17 Rented $1,900 0.0% --
01/09/2017 01/09/17 Price Changed $1,900 -2.6% $3 / Sq Ft
11/23/2016 11/23/16 Price Changed $1,950 -7.1% $3 / Sq Ft
10/24/2016 10/24/16 For Rent $2,100 +2.4% --
08/12/2016 08/12/16 Rented $2,050 +5.1% --
08/09/2016 08/09/16 Under Contract -- -- --
07/18/2016 07/18/16 Price Changed $1,950 -2.5% $3 / Sq Ft
05/21/2016 05/21/16 Price Changed $2,000 -2.4% $3 / Sq Ft
05/09/2016 05/09/16 Price Changed $2,050 -6.8% $3 / Sq Ft
03/22/2016 03/22/16 For Rent $2,200 +4.8% --
01/18/2016 01/18/16 Rented $2,100 -8.7% --
12/19/2015 12/19/15 Under Contract -- -- --
06/09/2015 06/09/15 For Rent $2,300 0.0% --
01/15/2015 01/15/15 Rented $2,300 0.0% --
12/16/2014 12/16/14 Under Contract -- -- --
03/10/2014 03/10/14 For Rent $2,300 0.0% --
06/30/2012 06/30/12 Sold $261,000 0.0% $373 / Sq Ft View Prior Sale
05/25/2012 05/25/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $261,000 -- $373 / 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 $4,591 $244,294 -- --
2024 $3,487 $244,294 -- --
2023 $3,487 $167,173 $0 $0
2022 $2,909 $151,976 $0 $0
2021 $2,822 $138,160 $0 $0
2020 $2,432 $125,600 $0 $0
2019 $3,042 $157,000 $0 $0
2018 $3,279 $174,350 $0 $0
2017 $3,320 $174,350 $0 $0
2016 $3,387 $174,350 $0 $0
2015 $3,454 $174,350 $0 $0
2014 $3,220 $158,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11383930

MIAMI REALTORS® MLS

APN: 02-4203-232-0030