$230,000

Estimated payment $2,363/month

1 Bed
1 Bath
530 Sq Ft
$434 Price per Sq Ft

Highlights

  • Intercom to Front Desk
  • Cooking Island
  • Closet Cabinetry
  • Wood Flooring
  • Eat-In Kitchen
  • Cooling System Mounted To A Wall/Window

About This Home

Lowest-priced unit in the building! Great income-producing investment, currently rented for $1,600/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.

Listing Agent

Viviana Klinar

Semsch Realty License #3276633 Listed on: 07/29/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1948

HOA Fees

  • $776 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 530 Sq Ft Home
  • 2-Story Property
  • Family or Dining Combination
  • Wood Flooring
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower
  • Primary Bathroom includes a Walk-In Shower

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

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

Additional Features

  • Awning
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-232-0080

Community Details

Overview

  • 8 Units
  • The Lorena Condo
  • The Lorena Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Interior Hall

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,000

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

HOA Fees

$776 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Directions: JEFFERSON AND 10TH
  • 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: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 230000
  • InternetRemarks: Lowest-priced unit in the building! Great income-producing currently rented Seller will pay all outstanding assessments at closing.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Gas Range, Refrigerator
  • Interior Amenities: Interior Hall, Second Floor Entry, Closet Cabinetry, Cooking Island, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Living Area: 530
  • Stories: 2
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Other
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: No
  • 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: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced, Card Entry, Fire Alarm, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 776
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-232-0080

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4000

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Map

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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 $3,195 $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: MIAMI REALTORS® MLS

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: MIAMI REALTORS® MLS

MLS Number: A12062266

MIAMI REALTORS® MLS

APN: 02-4203-232-0080

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