NOT LISTED FOR SALE

Estimated Value: $340,000 - $408,000

1 Bed
1 Bath
810 Sq Ft
$572/mo HOA Fee

Last Sold March 15, 2024

Last sale price $340,000 $420 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,087/month

86 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Closet Cabinetry
  • Garden View
  • High Impact Windows
  • 4-minute walk to Flamingo Park

About This Home

As of March 2024

Turnkey, furnished 1 bed/1 bath apt located in a well-maintained South Beach Art Deco building. This first floor sunny, corner unit features impact windows, hardwood floors, ample closets, an updated bathroom and kitchen with SS appliances and a brand-new stove. Lush landscaping throughout the common area, including a backyard and BBQ. Walk to Lincoln Rd., Flamingo Park, Whole Foods, the beach, and more. Two guest parking spaces on a first come basis.

Last Agent to Sell the Property

Colleen Holloway

One Sotheby's International Re License #3148872 Listed on: 12/19/2023

Last Buyer's Agent

Dennis Di Vico

Trust Properties Florida License #3125023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1940

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Garden Apartment
  • Entry on the 1st floor

Interior Spaces

  • 810 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Wood Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Courtyard
  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-231-0110

Community Details

Overview

  • South Beach Residences Condos
  • South Beach Residences Co Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Complex Is Fenced
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,592

Year Built

Built in 1940

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SOUTH BEACH RESIDENCES CO
  • 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: First Floor Entry, Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 810
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Complete Impact Glass, Drapes, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Barbeque, Courtyard
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: South Beach Residences
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 572
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-03-231-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Mar 15, 2024
Sold by
Krug Sebastian and Krug Anastasija
Bought by
Donofrio Giuseppe
Seller's Agent
Colleen Holloway
One Sotheby's International Re
Buyer's Agent
Dennis Di Vico
Trust Properties Florida
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Views
105
Current Estimated Value
$364,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,818
Avg. Annual Appreciation
7.53%
Original Mortgage
$230,000
Outstanding Balance
$175,908
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$203,233

Purchase Details

Closed on
Nov 21, 2023
Sold by
Krug Sebastian and Krug Anastasia
Bought by
Estatewave Llc

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jun 15, 2018
Sold by
Porkolab Alan B
Bought by
Forni Maria Franccesa
Seller's Agent
Fabrizio Pellicciotti
Miami Blue Real Estate
Buyer's Agent
Fabrizio Pellicciotti
Miami Blue Real Estate
Sold Price
$1,600

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

Closed on
Jun 5, 2006
Sold by
Loro Claudio
Bought by
Porkolab Alan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 2001
Sold by
Steven T Gregory M and Steven Diane L
Bought by
Loro Claudio

Purchase Details

Closed on
Sep 2, 1999
Sold by
Superior Beach Residences Ltd
Bought by
Gregory Steven T and Gregory Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Donofrio Giuseppe $340,000 Clear Title Group
Estatewave Llc -- None Listed On Document
Forni Maria Franccesa $250,000 Attorney
Porkolab Alan B $321,000 Attorney
Loro Claudio $158,500 --
Gregory Steven T $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donofrio Giuseppe $230,000
Previous Owner Porkolab Alan B $230,000
Previous Owner Gregory Steven T $148,000
Previous Owner Gregory Steven T $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $340,000 -5.3% $420 / Sq Ft
12/19/2023 12/19/23 For Sale $359,000 0.0% $443 / Sq Ft
11/01/2022 11/01/22 Rented $2,850 0.0% --
10/24/2022 10/24/22 Under Contract -- -- --
10/03/2022 10/03/22 Price Changed $2,850 -5.0% $4 / Sq Ft
09/14/2022 09/14/22 For Rent $3,000 +93.5% --
07/28/2020 07/28/20 Rented $1,550 -3.1% --
06/18/2020 06/18/20 For Rent $1,600 0.0% --
07/23/2019 07/23/19 Rented $1,600 0.0% --
07/10/2019 07/10/19 For Rent $1,600 0.0% --
07/17/2018 07/17/18 Rented $1,600 -5.9% --
06/27/2018 06/27/18 For Rent $1,700 0.0% --
06/21/2018 06/21/18 Sold $250,000 0.0% $309 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $250,000 -7.1% $309 / Sq Ft
10/02/2017 10/02/17 For Sale $269,000 -- $332 / 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 $6,853 $269,867 -- --
2024 $4,784 $364,685 -- --
2023 $4,784 $249,163 $0 $0
2022 $4,256 $226,512 $0 $0
2021 $3,976 $205,920 $0 $0
2020 $3,833 $198,000 $0 $0
2019 $3,837 $198,000 $0 $0
2018 $3,869 $205,740 $0 $0
2017 $4,124 $216,568 $0 $0
2016 $4,213 $210,164 $0 $0
2015 $3,984 $191,059 $0 $0
2014 $3,529 $173,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11502941

MIAMI REALTORS® MLS

APN: 02-4203-231-0110