NOT LISTED FOR SALE

Miami Beach, FL 33141

Normandy Isle Neighborhood

Estimated Value: $240,000 - $292,000

2 Beds
2 Baths
990 Sq Ft
$398/ mo HOA Fee

Last Sold June 30, 2023

Last sale price $274,000 $277 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,126/month

42 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Deck
  • Community Boat Dock
  • Canal View
  • End Unit

About This Home

As of June 2023

TENANT OCCUPIED. ONLY CASH OR FINANCING WITH 30% DOWN.
Monthly Net Income = $1,140/month (After expenses already paid). Do not disturb tenants. Great Investment opportunity! No rental restrictions! Charming Waterfront, building is gated with large pool, offers a first-come first-serve parking lot in addition to the free street parking available. Condo with 3 bed/2 bath (2 beds and 1 big den), open kitchen, tile floors, Onsite Laundry facility (washer/dryer), central AC, large open floor plan with high ceilings, walk-in closet. Located on one of Miami Beach's waterways you can easily launch a kayak or SUP & navigate, waterfront areas with barbecue & bike rack. Walking distance to the beach.
HOA = $398/m
Tax = $3,391/y
Rent = $2,000/m (month to month)
The unit needs some TLC

Last Agent to Sell the Property

Carlos Rivera

Florida Homes International License #3336398 Listed on: 05/18/2023

Last Buyer's Agent

Carlos Rivera

Florida Homes International License #3336398 Listed on: 05/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1948

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • End Unit

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Dock Available
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-043-0410

Community Details

Overview

  • Marseilles Deco Condo
  • Marseilles Deco Condo Subdivision

Recreation

  • Community Boat Dock
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,391

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: GPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MARSEILLES DECO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 990
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Canal, Water View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Navigable Water, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARSEILLES DECO CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Other

Condo/Co-op/Association

  • Association Fee: 398
  • Amenities: Boat Dock, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-10-043-0410
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 30, 2023
Sold by
Tecnous Llc
Bought by
Normandy Revocable Trust and Lavieri
Seller's Agent
Carlos Rivera
Florida Homes International
Buyer's Agent
Carlos Rivera
Florida Homes International
List Price
$284,500
Sold Price
$274,000
Premium/Discount to List
-$10,500
-3.69%
Views
23
Current Estimated Value
$262,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,589
Avg. Annual Appreciation
-1.58%

Purchase Details

Closed on
Jan 30, 2017
Sold by
E Tron Realty Llc
Bought by
Tecnous Llc

Purchase Details

Listed on
Feb 10, 2015
Closed on
Apr 27, 2015
Sold by
Wisell Jeff and Kerstein Fredric
Bought by
E & Tron Realty Llc
Seller's Agent
Laura Veitia
Urban Resource LLC
Buyer's Agent
Juan Carlos Perez
Real Estate Sales Intl Inc
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Larrick Mary
Bought by
Wisell Jeff and Newman Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2001
Sold by
Nathan L Rausch I
Bought by
Larrick Mary

Purchase Details

Closed on
Nov 17, 2000
Sold by
Molliner Jose L and Molliner Louisa M
Bought by
Rausch Nathan L

Purchase Details

Closed on
May 22, 2000
Sold by
Chase Manhattan Bank Tr
Bought by
Molliner Jose L

Purchase Details

Closed on
Jan 11, 2000
Sold by
Dade County Circuit Court
Bought by
Chase Manhattan Bank

Purchase Details

Closed on
Jun 22, 1998
Sold by
Chudem Inc
Bought by
Lobo Nelly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Sold by
Ramsey Gary M
Bought by
Chudem Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1997
Sold by
Normandy Manor Inc
Bought by
Ramsey Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
8.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Normandy Revocable Trust $272,000 None Listed On Document
Tecnous Llc $260,000 One Conquest And Escrow
E & Tron Realty Llc $155,000 None Available
Wisell Jeff $140,000 --
Larrick Mary $95,000 --
Rausch Nathan L $80,900 --
Molliner Jose L $41,000 --
Chase Manhattan Bank $4,000 --
Lobo Nelly P $115,000 --
Chudem Inc $50,000 --
Ramsey Gary M $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wisell Jeff $112,000
Previous Owner Ramsey Gary M $92,000
Previous Owner Ramsey Gary M $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $274,000 -3.7% $277 / Sq Ft
05/18/2023 05/18/23 For Sale $284,500 0.0% $287 / Sq Ft
11/18/2016 11/18/16 Rented $1,800 0.0% --
11/14/2016 11/14/16 Under Contract -- -- --
11/01/2016 11/01/16 Price Changed $1,800 -10.0% $2 / Sq Ft
10/25/2016 10/25/16 For Rent $2,000 +75.4% --
05/26/2016 05/26/16 Rented $1,140 -38.4% --
04/11/2016 04/11/16 For Rent $1,850 0.0% --
04/27/2015 04/27/15 Sold $155,000 -8.3% $157 / Sq Ft View Prior Sale
03/24/2015 03/24/15 Pending -- -- --
02/20/2015 02/20/15 Price Changed $169,000 -5.6% $171 / Sq Ft
02/10/2015 02/10/15 For Sale $179,000 -- $181 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,348 $231,368 -- --
2024 $3,874 $231,368 -- --
2023 $3,874 $196,625 $0 $0
2022 $3,391 $178,750 $0 $0
2021 $3,138 $162,500 $0 $0
2020 $3,146 $162,500 $0 $0
2019 $3,000 $154,800 $0 $0
2018 $3,385 $180,000 $0 $0
2017 $2,742 $139,326 $0 $0
2016 $2,460 $126,660 $0 $0
2015 $2,097 $92,884 $0 $0
2014 $1,716 $84,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Rivera

    Seller's Agent in 2023

    Carlos Rivera

    Florida Homes International

    (954) 663-5775

    1 in this area

    39 Total Sales

    Carlos Rivera
    Section Image
  • Juan Carlos Perez

    Seller's Agent in 2016

    Juan Carlos Perez

    Real Estate Sales Intl Inc

    (786) 282-1922

    26 Total Sales

    Juan Carlos Perez
    Section Image
  • Laura Veitia

    Seller's Agent in 2015

    Laura Veitia

    Urban Resource LLC

    (305) 403-8686

    1 in this area

    20 Total Sales

    Laura Veitia
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11389941

MIAMI REALTORS® MLS

APN: 02-3210-043-0410

Florida Miami/Dade County Miami Beach 33141

Normandy Isle

Not Listed for Sale

Condos

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