$230,000

Estimated payment $1,609/month

Total Views 560
1 Bed
1 Bath
530 Sq Ft
$434 Price per Sq Ft

Highlights

  • Wood Flooring
  • Closet Cabinetry
  • Awning
  • Eat-In Kitchen
  • Kitchen Island
  • 5-minute walk to Flamingo Park

About This Home

Lowest-priced unit in the building! Great income-producing investment, currently rented for $1,700/month to a reliable long-term tenant. Seller will pay all outstanding assessments at closing.

Charming 1-bedroom, 1-bath apartment in the heart of South Beach’s iconic Art Deco District. Features a renovated bathroom, two wall A/C units, a functional layout, and ample closet space.

Enjoy an unbeatable location just steps from the beach, Lincoln Road, restaurants, cafés, shopping, and everything South Beach has to offer. A fantastic opportunity for investors or future owners.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1948

Parking

  • On-Street Parking

Home Design

  • Entry on the 2nd floor
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 530 Sq Ft Home
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

  • Awning

Utilities

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

Community Details

Overview

  • Association fees include management, common areas, hot water, insurance, sewer, trash, water
  • 8 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,000

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: JEFFERSON AND 10TH
  • Entry Level: 2
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE LORENA CONDO
  • Year Built: 1948
  • Year Built Details: Resale
  • OriginatingSystemListAgentMemberKey: 78059315
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Gas Range, Refrigerator, Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Interior Amenities: Closet Cabinetry, Eat-in Kitchen, Family/Dining Room, Kitchen Island, Separate Shower
  • Living Area: 530.0
  • Dining Room Type: Utility Room

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Awning(s)
  • Property Condition: Resale
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: No
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Hot Water, Insurance, Sewer, Trash, Water

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,381 $172,353
2024 $2,980 $156,685
2023 $2,980 $142,441 $0 $0
2022 $2,557 $129,492 $0 $0
2021 $2,273 $117,720 $0 $0
2020 $2,091 $108,000 $0 $0
2019 $2,616 $135,000 $0 $0
2018 $2,811 $149,468 $0 $0
2017 $2,846 $149,468 $0 $0
2016 $2,639 $135,880 $0 $0
2015 $2,554 $124,553 $0 $0
2014 $2,301 $113,230 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2026 07/29/26 For Sale $230,000 0.0% $434 / Sq Ft
10/25/2024 10/25/24 Rented $1,700 0.0% --
10/14/2024 10/14/24 Under Contract -- -- --
10/09/2024 10/09/24 Price Changed $1,700 -5.6% $3 / Sq Ft
09/24/2024 09/24/24 Price Changed $1,800 -4.8% $3 / Sq Ft
09/12/2024 09/12/24 Price Changed $1,890 -5.0% $4 / Sq Ft
08/19/2024 08/19/24 Price Changed $1,990 -0.5% $4 / Sq Ft
07/02/2024 07/02/24 Price Changed $1,999 -4.8% $4 / Sq Ft
06/27/2024 06/27/24 Price Changed $2,100 -4.5% $4 / Sq Ft
06/17/2024 06/17/24 Price Changed $2,200 -4.3% $4 / Sq Ft
06/07/2024 06/07/24 For Rent $2,300 +27.8% --
06/28/2023 06/28/23 Rented $1,800 -7.7% --
06/15/2023 06/15/23 Under Contract -- -- --
04/24/2023 04/24/23 For Rent $1,950 +44.4% --
05/21/2021 05/21/21 Rented $1,350 0.0% --
05/15/2021 05/15/21 Under Contract -- -- --
05/12/2021 05/12/21 For Rent $1,350 +3.8% --
02/01/2020 02/01/20 Rented $1,300 0.0% --
01/23/2020 01/23/20 Under Contract -- -- --
01/04/2020 01/04/20 For Rent $1,300 -3.7% --
04/07/2016 04/07/16 Rented $1,350 -10.0% --
04/07/2016 04/07/16 For Rent $1,500 +11.1% --
02/16/2015 02/16/15 Rented $1,350 -6.9% --
02/16/2015 02/16/15 For Rent $1,450 -- --
Source: Martin County REALTORS® of the Treasure Coast

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $95,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Source: Public Records

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: A12062266

Martin County REALTORS® of the Treasure Coast

APN: 02-4203-232-0080

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