$150,000
SOLD JUL 2, 2019
1 Bed
1 Bath
420 Sq Ft
$375/mo HOA Fee

Recently Sold

$357 Per Sq Ft

14% Below List Price

25 Days on Market

Highlights

  • Newly Remodeled
  • Furnished
  • Central Air
  • Wood Flooring
  • Views
  • Fenced

About This Home

As of September 2022

Amazing opportunity and investor dream on South Beach! This 1-bedroom 1-bathroom unit is located in the boutique Michelle Condo. Just blocks from Ocean Drive, it's a perfect apartment for the South Beach lifestyle. Unit has open kitchen, original wood floors. Windows in each room with north and south exposure. Big walk in closet, washer/dryer and central a/c in the unit. Fully furnished. Rent very easy and ready to move in. Building just passed the 40yr recertification. Centrally located, less than 15 minutes to Downtown Miami, American Airlines Arena, Bayside, and Lincoln Road Shops.

Last Agent to Sell the Property

Francesco Cecchini

Miami Dreams Realty Inc. License #3162699 Listed on: 02/08/2019

Last Buyer's Agent

Giorgio Picinelli

SOBE International Realty License #3216822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1936 | Newly Remodeled

HOA Fees

  • $375 Monthly HOA Fees

Interior Spaces

  • 420 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • <<microwave>>

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • No Heating

Additional Features

  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-233-0030

Community Details

Overview

  • The Michelle Condo
  • The Michelle Condo Subdivision

Pet Policy

  • Pets Allowed

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,551

Year Built

Built in 1936 | Newly Remodeled

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Directions: NE Corner of 9th and Euclid Av
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE MICHELLE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 420
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE MICHELLE CONDO
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 375
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-233-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 375

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Sep 2, 2022
Sold by
Mg Home Llc
Bought by
Ochoa Paul Antonio and Mendoza Ana Julia
Seller's Agent
Daniel Dadi
Coldwell Banker Realty
Buyer's Agent
Carlos Barral
Luxe Properties
List Price
$269,000
Sold Price
$253,000
Premium/Discount to List
-$16,000
-5.95%
Views
7
Current Estimated Value
$239,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,864
Avg. Annual Appreciation
2.59%
Original Mortgage
$175,700
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2019
Sold by
Mga 2015
Bought by
Mg Home Llc

Purchase Details

Listed on
Feb 8, 2019
Closed on
Jun 28, 2019
Sold by
Basil Building Inc
Bought by
M G A 2015 Inc
Seller's Agent
Francesco Cecchini
Miami Dreams Realty Inc.
Buyer's Agent
Giorgio Picinelli
SOBE International Realty
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Tigges Christina
Bought by
Basil Building Inc

Purchase Details

Closed on
Sep 7, 2001
Sold by
Guimard Llc
Bought by
Tigges Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- Wall Street Title Group
Warranty Deed $253,000 Wall Street Title Group
Quit Claim Deed -- Attorney
Warranty Deed $150,000 Attorney
Warranty Deed $175,000 Attorney
Warranty Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,700 New Conventional
Previous Owner $98,200 Fannie Mae Freddie Mac
Previous Owner $10,000 Credit Line Revolving
Previous Owner $64,000 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $253,000 -2.3% $602 / Sq Ft
07/13/2022 07/13/22 Price Changed $259,000 -3.7% $617 / Sq Ft
06/01/2022 06/01/22 For Sale $269,000 +79.3% $640 / Sq Ft
07/02/2019 07/02/19 Sold $150,000 -14.3% $357 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $175,000 0.0% $417 / Sq Ft
10/10/2017 10/10/17 Rented $1,500 0.0% --
09/21/2017 09/21/17 For Rent $1,500 -- --
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 $2,964 $172,518 -- --
2023 $2,964 $156,835 $0 $0
2022 $2,357 $125,468 $0 $0
2021 $2,423 $125,468 $0 $0
2020 $2,598 $134,190 $0 $0
2019 $2,442 $126,000 $0 $0
2018 $2,551 $135,683 $0 $0
2017 $2,461 $129,222 $0 $0
2016 $2,704 $136,552 $0 $0
2015 $2,607 $124,139 $0 $0
2014 $2,538 $112,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10615061

MIAMI REALTORS® MLS

APN: 02-4203-233-0030