842 Meridian Ave Unit 2G Miami Beach, FL 33139
Flamingo Neighborhood
--
Bed
1
Bath
390
Sq Ft
$339/mo
HOA Fee
Highlights
- Cooling System Mounted To A Wall/Window
- Water Purifier
- Laundry Facilities
- Views
- Combination Dining and Living Room
- Heating Available
About This Home
As of November 2024Capitalize on this prime investment opportunity with a spacious studio ideally situated in the heart of South Beach, mere steps from the beach. Its coveted location provides unparalleled access to South Beach’s vibrant nightlife, dining, and entertainment, ensuring high rental demand and strong return potential.
**Fully Renovated** Updated with modern finishes, ready for immediate rental.
**Move-In Ready** Immediately available for occupancy or renting.
**High Rental Yield** Situated in a high-demand area, guaranteeing consistent rental rates.
**Strong Rental Demand** Located in a high-demand area, securing consistent rental income and lower vacancy rates.
**Proven Rental Income** Established track record of high, stable rental income.
Last Agent to Sell the Property
Empire R.E. Consulting, LLC License #3345439 Listed on: 08/16/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,354
Year Built
- Built in 1925
HOA Fees
- $339 Monthly HOA Fees
Interior Spaces
- 1 Full Bathroom
- 390 Sq Ft Home
- 3-Story Property
- Combination Dining and Living Room
- Property Views
Home Security
Parking
- On-Street Parking
- Open Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Water Purifier
Listing and Financial Details
- Assessor Parcel Number 02-42-03-245-0200
Community Details
Overview
- Low-Rise Condominium
- The Patricia Condo
- The Patricia Condo Subdivision
Amenities
- Laundry Facilities
- Interior Hall
Pet Policy
- Breed Restrictions
Security
- Phone Entry
- Complex Is Fenced
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2024
Closed on
Oct 30, 2024
Sold by
Schapiro Robyn
Bought by
H & H Immo Llc
Seller's Agent
Brian Paran
Paran International Group
Buyer's Agent
Simon Korchia
Keller Williams Dedicated Professionals
Sold Price
$1,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$121,875
Outstanding Balance
$121,154
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$65,635
Purchase Details
Closed on
Aug 1, 2001
Sold by
K & H Investment Group
Bought by
Schapiro Robyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
7.09%
Mortgage Type
New Conventional
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $187,500 | None Listed On Document | |
| Warranty Deed | $187,500 | None Listed On Document | |
| Deed | $59,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $121,875 | New Conventional | |
| Closed | $121,875 | New Conventional | |
| Previous Owner | $68,000 | Unknown | |
| Previous Owner | $53,100 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $1,700 | -2.9% | $4 / Sq Ft |
| 07/06/2025 07/06/25 | Price Changed | $1,750 | -2.8% | $4 / Sq Ft |
| 05/26/2025 05/26/25 | Price Changed | $1,800 | -5.3% | $5 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $1,900 | +5.6% | $5 / Sq Ft |
| 11/14/2024 11/14/24 | For Rent | $1,800 | 0.0% | -- |
| 11/06/2024 11/06/24 | Sold | $187,500 | -0.8% | $481 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | For Sale | $189,000 | 0.0% | $485 / Sq Ft |
| 12/03/2018 12/03/18 | Rented | $1,050 | -4.5% | -- |
| 10/29/2018 10/29/18 | Under Contract | -- | -- | -- |
| 08/23/2018 08/23/18 | For Rent | $1,100 | 0.0% | -- |
| 09/01/2017 09/01/17 | Rented | $1,100 | 0.0% | -- |
| 08/28/2017 08/28/17 | Under Contract | -- | -- | -- |
| 08/24/2017 08/24/17 | For Rent | $1,100 | +10.0% | -- |
| 08/05/2013 08/05/13 | Rented | $1,000 | 0.0% | -- |
| 08/05/2013 08/05/13 | For Rent | $1,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,452 | $134,068 | -- | -- |
| 2023 | $2,452 | $121,880 | $0 | $0 |
| 2022 | $2,082 | $110,800 | $0 | $0 |
| 2021 | $2,057 | $106,538 | $0 | $0 |
| 2020 | $2,286 | $125,339 | $0 | $0 |
| 2019 | $2,006 | $103,500 | $0 | $0 |
| 2018 | $2,168 | $115,309 | $0 | $0 |
| 2017 | $2,168 | $112,325 | $0 | $0 |
| 2016 | $2,263 | $102,114 | $0 | $0 |
| 2015 | $2,201 | $92,831 | $0 | $0 |
| 2014 | $1,990 | $84,392 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Tamir
Seller's Agent in 2024
Daniel Tamir
Empire R.E. Consulting, LLC
(786) 200-3008
1 in this area
3 Total Sales
-
Brian Paran
Seller's Agent in 2024
Brian Paran
Paran International Group
(305) 970-4975
15 in this area
40 Total Sales
-
Romina Saaied
R
Seller's Agent in 2018
Romina Saaied
Associates Realty
(305) 975-0354
6 in this area
25 Total Sales
-
Kevin Kavanaugh
Seller Co-Listing Agent in 2018
Kevin Kavanaugh
Associates Realty
(305) 926-8228
14 in this area
45 Total Sales
-
Constantin Dumitrescu
Buyer's Agent in 2017
Constantin Dumitrescu
CMD Real Estate, LLC.
(305) 741-9408
49 Total Sales
-
K
Seller's Agent in 2013
Kenneth Begies
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11642605
APN: 02-4203-245-0200
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