NOT LISTED FOR SALE

1618 Michigan Ave Unit 37 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $230,000 - $269,000

1 Bed
1 Bath
450 Sq Ft
1925 Built

Last Sold March 25, 2022

Last sale price $229,000 $509 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,649/month

Highlights

  • Furnished
  • Eat-In Kitchen
  • Card or Code Access
  • No HOA
  • Cooling Available
  • Energy-Efficient Appliances

About This Home

As of June 2024

Charming and cozy, furnished, move-in-ready unit located steps from the world-famous Lincoln Road. Welcome to the South Beach lifestyle and this art deco building. This 1 bedroom, 1 bath apartment comes with stainless steel appliances and features ample natural light. The property has well-maintained common areas and an onsite laundry room. Shops, restaurants and the beach are just minutes away. One pet is allowed (up to 30 lbs.). There is a parking lot adjacent to the building where residents can apply for discounted parking with proof of address/utility bill. Application fee: $150.

Last Agent to Rent the Property

Jade Fulford

NewHomesmate, LLC. License #3546297 Listed on: 03/27/2024

Last Renter's Agent

Alvaro Rodriguez Alvarez

The Keyes Company License #3569135

The Keyes Company

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1925

Interior Spaces

  • 450 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Parquet Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Exposure or Shade

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 5/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-128-0210

Community Details

Overview

  • No Home Owners Association
  • The Michigan Condo
  • The Michigan Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,785

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed: More Than 20 Lbs
  • Available Date: 2024-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE MICHIGAN CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Parquet
  • Furnished: Furnished
  • Living Area: 450
  • Stories: 3
  • Dining Room Features: Eat-In Kitchen

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE MICHIGAN CONDO

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Key Card Entry

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-128-0210
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Exposure/Shade

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Mar 25, 2022
Sold by
Nahla Usa Properties Llc
Bought by
Golaub Vivlaal and Mitchell Monique
Seller's Agent
Michael Gebhard
LPT Realty, LLC
Buyer's Agent
Michael Bird
United Realty Group Inc
List Price
$219,000
Sold Price
$229,000
Premium/Discount to List
$10,000
4.57%
Current Estimated Value
$245,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,354
Avg. Annual Appreciation
5.97%

Purchase Details

Listed on
Jun 9, 2015
Closed on
Apr 30, 2016
Sold by
Oak Business Consulting Llc
Bought by
Nahla Usa Properties Llc
Seller's Agent
Vincenzo Sacco
MMLS Assoc.-Inactive Member
Buyer's Agent
Alexander Rahe
The Keyes Company
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Oak Business Consulting Llc
Bought by
Nahla Usa Properties Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
Lorenzo Yalexis L
Bought by
Oak Business Consulting Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Global Investment Fund I Llc
Bought by
Lorenzo Yalexis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Canabal Benjamin
Bought by
Global Investment Fund 1 Llc

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ushuaia Llc
Bought by
Canabal Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,144
Interest Rate
8.23%
Mortgage Type
New Conventional
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
Golaub Vivlaal $229,000 New Title Company Name
Nahla Usa Properties Llc $150,000 Attorney
Nahla Usa Properties Llc $150,000 --
Oak Business Consulting Llc $140,000 Attorney
Lorenzo Yalexis L $156,000 Attorney
Global Investment Fund 1 Llc $127,000 --
Canabal Benjamin $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzo Yalexis L $156,000
Previous Owner Canabal Benjamin $51,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2024 06/16/24 Rented $1,850 -2.6% --
05/24/2024 05/24/24 Price Changed $1,900 -5.0% $4 / Sq Ft
03/27/2024 03/27/24 For Rent $2,000 0.0% --
03/25/2022 03/25/22 Sold $229,000 +4.6% $509 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $219,000 0.0% $487 / Sq Ft
11/09/2020 11/09/20 Rented $1,400 -3.4% --
08/30/2020 08/30/20 For Rent $1,450 -12.1% --
01/19/2018 01/19/18 Rented $1,650 -12.9% --
07/17/2017 07/17/17 For Rent $1,895 0.0% --
05/26/2016 05/26/16 Sold $150,000 0.0% $333 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/06/2016 03/06/16 Price Changed $150,000 -14.3% $333 / Sq Ft
01/18/2016 01/18/16 Price Changed $175,000 0.0% $389 / Sq Ft
07/01/2015 07/01/15 Rented $1,350 0.0% --
06/08/2015 06/08/15 For Sale $195,000 0.0% $433 / Sq Ft
06/01/2015 06/01/15 Under Contract -- -- --
05/04/2015 05/04/15 For Rent $1,500 +20.0% --
06/15/2014 06/15/14 Rented $1,250 -16.6% --
05/16/2014 05/16/14 Under Contract -- -- --
02/21/2014 02/21/14 For Rent $1,499 +30.3% --
05/16/2012 05/16/12 Rented $1,150 -11.5% --
04/16/2012 04/16/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $1,300 -- --
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 $3,785 $201,432 -- --
2024 $3,492 $201,432 -- --
2023 $3,492 $184,800 $0 $0
2022 $2,480 $132,000 $0 $0
2021 $2,446 $126,700 $0 $0
2020 $2,555 $132,000 $0 $0
2019 $2,558 $132,000 $0 $0
2018 $2,482 $132,000 $0 $0
2017 $2,438 $128,050 $0 $0
2016 $2,487 $128,050 $0 $0
2015 $2,498 $124,861 $0 $0
2014 $2,374 $113,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11557094

MIAMI REALTORS® MLS

APN: 02-3234-128-0210