$240,000
SOLD DEC 16, 2016

The Madison 850 N Miami Ave Unit W1804 Miami, FL 33136

Park West Neighborhood
2 Beds
2 Baths
914 Sq Ft
$554/mo HOA Fee

Recently Sold

$263 Per Sq Ft

6% Below List Price

101 Days on Market

Highlights

  • Community Cabanas
  • 5-minute walk to Park West
  • Wood Flooring
  • Fitness Center
  • Newly Remodeled
  • Billiard Room

About This Home

As of December 2016

Beautiful 2/2 corner unit located on the 18th floors Condo for sale in the desirable community of The Madison in Downtown Miami. Unit is renovated with nice wood floor, stainless steel appliances, 1 assigned parking, Association fee includes water and building maintenance. This property is located across the future Paramount Center, new Metro access behind the building, IDEAL INVESTOR PROPERTY AS ALREADY RENTED TILL SEPTEMBER BUT CAN BE PURCHASED FOR OWN USE Only "As is" contract.

Last Agent to Sell the Property

olivier lubeigt

Miami Global Realty Inc License #3256258 Listed on: 07/08/2016

Last Buyer's Agent

olivier lubeigt

Miami Global Realty Inc License #3256258 Listed on: 07/08/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1989 | Newly Remodeled

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • 914 Sq Ft Home

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 01-31-36-089-2310

Community Details

Overview

  • High-Rise Condominium
  • Madison Downtown Condo
  • 20-Story Property

Amenities

  • Billiard Room
  • Business Center
  • Laundry Facilities
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,413

Year Built

Built in 1989 | Newly Remodeled

Lot Details

0

HOA Fees

$554 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: FROM I-95 GO EAST ON NW 8TH ST TO PROPERTY ON CORNER OF NW 8TH ST AND MIAMI AVE - *****NO GUEST PARKING INSIDE OF COMMUNITY. MUST PARK ON MIAMI AVE OR NW 8TH ST AT METER
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 914
  • Possible Use: Primary
  • Stories: 20
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: MADISON DOWNTOWN CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Guest

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 554
  • Amenities: Billiard Room, Business Center, Cabana, Laundry, Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-36-089-2310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Nov 29, 2016
Sold by
Claude James G and Tonnoir Florence
Bought by
Hall Leeann L
Seller's Agent
olivier lubeigt
Miami Global Realty Inc
Buyer's Agent
olivier lubeigt
Miami Global Realty Inc
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$228,000
Outstanding Balance
$185,186
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$193,649

Purchase Details

Closed on
Aug 10, 2010
Sold by
Miami Madison Llc
Bought by
Claude James G and Tonnoir Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,874
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2009
Sold by
Bayview Towers Associates Llc
Bought by
Miami Madison Llc
Source: Public Records

Similar Homes in the area

  • 253 NE 2nd St Unit 219, Miami, FL 33132

    $300,000

    • 1 Bed
    • 1.5 Baths
    • 506 Sq Ft
    • 253 NE 2nd St
    • Unit 219
    • Miami, FL

    Just in the heart of downtown, this stunning studio high-ceiling/loft-style unit boasts a captivating ambiance very commutable location/and is situated in an excellent neighborhood. This very safe, equipped with 24/7 security, ensuring your peace of mind. A Wide range of wonderful amenities, making it feel like living in a resort.Whether you’re looking to live, work, or simply enjoy your

    Sulay Lopez Vizcayne Realty

    Section Image
  • 677 NE 24th St Unit 504, Miami, FL 33137

    $300,000

    • 1 Bed
    • 1.5 Baths
    • 709 Sq Ft
    • 677 NE 24th St
    • Unit 504
    • Miami, FL

    Spacious and updated 1 bed, 1.5 bath condo in the heart of Edgewater offering 709 sq ft of modern comfort. Features include an upgraded kitchen, marble floors in living areas, wood flooring in the bedroom, custom walk-in closet, washer/dryer combo, and accordion shutters. Enjoy tranquil pool views and 1 assigned parking space. Pet-friendly, well-managed building with strong reserves, gym, pool,

    Silvia Yaniz One Sotheby's International Realty

    Section Image
  • 1215 West Ave Unit 203, Miami Beach, FL 33139

    $305,000

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • 1215 West Ave
    • Unit 203
    • Miami Beach, FL

    South Beach Condo Hotel - the perfect way to get a taste of Miami and let your vacation home make money when you can't be here. Premium west orientation features an oversized balcony with tree-top views above the landscaped palms. 9 foot ceilings and floor to ceiling impact-windows flood the unit with afternoon sun. Relax by the rooftop pool and sundeck, or grab a juice in the 1st floor

    Paul Sasseville Compass Florida, LLC.

    Section Image
  • 1242 Alton Rd Unit 204, Miami Beach, FL 33139

    $245,000

    • 1 Bed
    • 1 Bath
    • 620 Sq Ft
    • 1242 Alton Rd
    • Unit 204
    • Miami Beach, FL

    Light, bright and spacious one bedroom & one bathroom condo in a gated twelve unit boutique building. This second floor upgraded residence features impact windows, travertine marble, stainless steel appliances, granite counter tops, central AC and great closet space. The building has secured entry, a laundry room and is conveniently located across from Flamingo Park, 2 blocks to Whole Foods, Citi

    Anna Zibaryeva Trident Real Estate, Inc

    Section Image
  • 5960 NE 5th Ct Unit 2, Miami, FL 33137

    $287,500

    • 2 Beds
    • 1.5 Baths
    • 825 Sq Ft
    • 5960 NE 5th Ct
    • Unit 2
    • Miami, FL

    AN INVESTOR'S DREAM. Ideal for short-term/Airbnb rentals in one of the hottest markets in South Florida. No rental restrictions, no Association approval, can do 1-day rentals 365 times a year. Seller owns units #2, #5, #6, #9 and wants to sell them all 4 or 2 as a package deal. Each unit was renovated as needed within the last 2 years. Market value for all 4 units would bring a 6% Cap Rate. *Cash

    Frank Gabriel Coldwell Banker Realty

    Section Image
  • 5960 NE 5th Ct Unit 5, Miami, FL 33137

    $287,500

    • 2 Beds
    • 1.5 Baths
    • 747 Sq Ft
    • 5960 NE 5th Ct
    • Unit 5
    • Miami, FL

    AN INVESTOR'S DREAM. Ideal for short-term/Airbnb rentals in one of the hottest markets in South Florida. No rental restrictions, no Association approval, can do 1-day rentals 365 times a year. Seller owns units #2, #5, #6, #9 and wants to sell them all 4 or 2 as a package deal. Each unit was renovated as needed within the last 2 years. Market value for all 4 units would bring a 6% Cap Rate. *Cash

    Frank Gabriel Coldwell Banker Realty

    Section Image
  • 5960 NE 5th Ct Unit 6, Miami, FL 33137

    $287,500

    • 2 Beds
    • 1.5 Baths
    • 798 Sq Ft
    • 5960 NE 5th Ct
    • Unit 6
    • Miami, FL

    AN INVESTOR'S DREAM. Ideal for short-term/Airbnb rentals in one of the hottest markets in South Florida. No rental restrictions, no Association approval, can do 1-day rentals 365 times a year. Seller owns units #2, #5, #6, #9 and wants to sell them all 4 or 2 as a package deal. Each unit was renovated as needed within the last 2 years. Market value for all 4 units would bring a 6% Cap Rate. *Cash

    Frank Gabriel Coldwell Banker Realty

    Section Image
  • 5960 NE 5th Ct Unit 9, Miami, FL 33137

    $287,500

    • 2 Beds
    • 1.5 Baths
    • 747 Sq Ft
    • 5960 NE 5th Ct
    • Unit 9
    • Miami, FL

    AN INVESTOR'S DREAM. Ideal for short-term/Airbnb rentals in one of the hottest markets in South Florida. No rental restrictions, no Association approval, can do 1-day rentals 365 times a year. Seller owns units #2, #5, #6, #9 and wants to sell them all 4 or 2 as a package deal. Each unit was renovated as needed within the last 2 years. Market value for all 4 units would bring a 6% Cap Rate. *Cash

    Frank Gabriel Coldwell Banker Realty

    Section Image
  • 1001 7th St Unit 105, Miami Beach, FL 33139

    $260,000

    • 1 Bed
    • 1 Bath
    • 630 Sq Ft
    • 1001 7th St
    • Unit 105
    • Miami Beach, FL

    Property Rented $1900 / Mo Til July 9, 2025. Stunning Art Deco Gem in South Beach! This exquisite 1-bedroom, 1-bathroom condo boasts gorgeous wood flooring, a modern open kitchen equipped with stainless steel appliances, central AC for added comfort, and a convenient walk-in utility closet housing a full-size washer and dryer within the unit. Enjoy a generously sized bedroom with ample closet

    Thomas Buetikofer Global Luxury Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 Attorney
Special Warranty Deed $160,000 Attorney
Special Warranty Deed $80,000 Keys Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $157,874 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $379,999 0.0% $416 / Sq Ft
10/01/2024 10/01/24 Rented $2,700 0.0% --
10/01/2024 10/01/24 Under Contract -- -- --
08/15/2024 08/15/24 Price Changed $2,700 -6.9% $3 / Sq Ft
06/25/2024 06/25/24 For Rent $2,900 +7.4% --
08/29/2023 08/29/23 Rented $2,700 0.0% --
08/10/2023 08/10/23 Price Changed $2,700 -9.8% $3 / Sq Ft
07/28/2023 07/28/23 Price Changed $2,995 -6.4% $3 / Sq Ft
07/06/2023 07/06/23 For Rent $3,200 0.0% --
08/01/2022 08/01/22 Rented $3,200 0.0% --
07/12/2022 07/12/22 Under Contract -- -- --
06/13/2022 06/13/22 For Rent $3,200 +45.5% --
07/31/2021 07/31/21 Rented $2,200 0.0% --
07/07/2021 07/07/21 Under Contract -- -- --
06/22/2021 06/22/21 For Rent $2,200 0.0% --
12/16/2016 12/16/16 Sold $240,000 -4.0% $263 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/22/2016 09/22/16 Price Changed $250,000 -2.0% $274 / Sq Ft
07/08/2016 07/08/16 For Sale $255,000 0.0% $279 / Sq Ft
08/27/2014 08/27/14 Rented $1,750 0.0% --
08/27/2014 08/27/14 For Rent $1,750 -- --
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
2024 $5,724 $275,154 -- --
2023 $5,724 $250,140 $0 $0
2022 $4,794 $213,503 $0 $0
2021 $3,591 $207,285 $0 $0
2020 $3,539 $204,424 $0 $0
2019 $3,547 $204,424 $0 $0
2018 $3,475 $204,424 $0 $0
2017 $3,518 $204,424 $0 $0
2016 $3,604 $140,757 $0 $0
2015 $3,413 $127,961 $0 $0
2014 $3,060 $116,329 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10112273

MIAMI REALTORS® MLS

APN: 01-3136-089-2310