NOT LISTED FOR SALE

Estimated Value: $269,323 - $345,000

2 Beds
1 Bath
720 Sq Ft
1948 Built

Last Sold October 28, 2022

Last sale price $235,000 $326 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,912/month

Highlights

  • Garden View
  • Formal Dining Room
  • Built-In Features
  • No HOA
  • Porch
  • 4-minute walk to Flamingo Park

About This Home

As of February 2024

IMMACULATE! Sporting LAUNDRY INSIDE THE UNIT, stainless steel and marble kitchen, brand new floors, new custom paint, a gorgeous floor-to-ceiling tiled bathroom, ample closet space and a wonderful light and bright ambiance! Spectacular location, just steps to Whole Foods, Walgreens, the beach, Espanola Way, Lincoln Road and more. Great back patio also. Secure building and perfectly quiet part of South Beach. Extremely easy to show! Realtors, click show assist and see the instructions in the brokers remarks below.

Last Agent to Rent the Property

Howard Chase

Howard Chase Real Estate, LLC License #3175255 Listed on: 01/24/2024

Last Renter's Agent

Zoila Bravo

Beachfront Realty Inc License #3579188

Beachfront Realty Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1948

Lot Details

  • West Facing Home

Home Design

  • Entry on the 1st floor
  • Substantially Remodeled

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Formal Dining Room
  • Garden Views

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Property Available on 1/25/24
  • 12 Months Lease Term
  • Assessor Parcel Number 02-42-03-232-0100

Community Details

Overview

  • No Home Owners Association
  • The Lorena Condo
  • The Lorena Condo Subdivision
  • Maintained Community

Pet Policy

  • Breed Restrictions

Security

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,512

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-01-25
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE LORENA CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 720
  • Stories: 2
  • Window Features: Blinds
  • Dining Room Features: Dining/Living Room, Formal Dining

Exterior Features

  • View: Garden
  • Exterior Features: Lighting
  • Direction Faces: West
  • Patio And Porch Features: Porch/Balcony
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • 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
  • Security: Smoke Detector, Key Card Entry, Complex Fenced

Condo/Co-op/Association

  • Amenities: Maintained Community, Other
  • Association: No

Lot Info

  • Parcel Number: 02-42-03-232-0100
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 28, 2022
Sold by
Business Pro Usa Corp
Bought by
Modimida Llc
Seller's Agent
Analisa Grimaldi
MMLS Assoc.-Inactive Member
Buyer's Agent
Howard Chase
Howard Chase Real Estate, LLC
List Price
$300,000
Sold Price
$235,000
Premium/Discount to List
-$65,000
-21.67%
Views
14
Current Estimated Value
$293,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,331
Avg. Annual Appreciation
7.64%

Purchase Details

Listed on
Feb 19, 2020
Closed on
Jun 29, 2020
Sold by
Ozyesilpinar Birol
Bought by
Business Pro Usa Corp
Seller's Agent
Matt McMillan
Coldwell Banker Realty
Buyer's Agent
Hugo Angulo
iGlobal Realty LLC
List Price
$229,000
Sold Price
$199,000
Premium/Discount to List
-$30,000
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Griego Arturo G
Bought by
Tongate Revocable Trust

Purchase Details

Closed on
Jun 23, 2003
Sold by
Rauhala Ilona
Bought by
Griego Arturo G and Griego Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2000
Sold by
Baum Paul A and Baum Rachel
Bought by
Rauhala Ilona
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Modimida Llc $235,000 --
Business Pro Usa Corp $199,000 Attorney
Tongate Revocable Trust $258,000 Urban Title Llc
Griego Arturo G $128,300 --
Rauhala Ilona $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griego Arturo G $121,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Rented $2,600 0.0% --
01/24/2024 01/24/24 For Rent $2,600 +4.0% --
12/01/2023 12/01/23 Rented $2,500 0.0% --
11/11/2023 11/11/23 Under Contract -- -- --
11/01/2023 11/01/23 Price Changed $2,500 -3.8% $3 / Sq Ft
09/25/2023 09/25/23 For Rent $2,600 0.0% --
10/28/2022 10/28/22 Sold $235,000 -16.1% $379 / Sq Ft View Prior Sale
10/18/2022 10/18/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $280,000 -6.7% $452 / Sq Ft
05/27/2022 05/27/22 For Sale $300,000 +50.8% $484 / Sq Ft
06/30/2020 06/30/20 Sold $199,000 0.0% $321 / Sq Ft View Prior Sale
03/20/2020 03/20/20 Price Changed $199,000 -5.2% $321 / Sq Ft
03/15/2020 03/15/20 Price Changed $210,000 -4.5% $339 / Sq Ft
03/12/2020 03/12/20 Price Changed $220,000 -2.2% $355 / Sq Ft
03/09/2020 03/09/20 Price Changed $225,000 -1.3% $363 / Sq Ft
03/02/2020 03/02/20 Price Changed $228,000 -0.4% $368 / Sq Ft
02/19/2020 02/19/20 For Sale $229,000 0.0% $369 / Sq Ft
03/29/2014 03/29/14 Rented $1,650 -2.9% --
03/29/2014 03/29/14 For Rent $1,700 -- --
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
2025 $4,512 $244,294 -- --
2024 $4,085 $237,807 -- --
2023 $4,085 $216,189 $0 $0
2022 $3,009 $160,140 $0 $0
2021 $3,092 $160,140 $0 $0
2020 $3,455 $188,400 $0 $0
2019 $3,042 $157,000 $0 $0
2018 $3,279 $174,350 $0 $0
2017 $3,320 $174,350 $0 $0
2016 $3,238 $162,064 $0 $0
2015 $3,125 $147,331 $0 $0
2014 $2,917 $133,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11520658

MIAMI REALTORS® MLS

APN: 02-4203-232-0100