NOT LISTED FOR SALE

1559 Michigan Ave Unit 202 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $328,842 - $427,000

2 Beds
1 Bath
785 Sq Ft
$479/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $307,000 $391 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,326/month

Highlights

  • Furnished
  • Breakfast Area or Nook
  • Ceramic Tile Flooring
  • No HOA
  • Card or Code Access
  • Central Heating and Cooling System

About This Home

As of August 2023

Beautifully 2/1 furnished apartment in the heart of South Beach. A block from Lincoln Rd Mall, close to the beach and restaurants. Fully equipped. Offered for yearly rent.

Last Agent to Rent the Property

Roxana Budetta

Coldwell Banker Realty License #3145144 Listed on: 06/30/2023

Coldwell Banker Realty

Last Renter's Agent

Anna Zibaryeva

Trident Real Estate, Inc License #3353622

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1925

Lot Details

  • North Facing Home
  • Fenced

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 785 Sq Ft Home
  • Furnished
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/1/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-152-0080

Community Details

Overview

  • No Home Owners Association
  • Lincoln View Condo
  • Lincoln View Condo Subdivision
  • Maintained Community

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,252

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-08-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1925
  • Property Sub Type: Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Apartment
  • Subdivision Name: LINCOLN VIEW CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 785
  • Window Features: Blinds
  • Dining Room Features: Breakfast Area, Eat-In Kitchen

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN VIEW CONDO

Utilities

  • Sewer: Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry

Condo/Co-op/Association

  • Amenities: Laundry Facility, Maintained Community
  • Association: No

Lot Info

  • Parcel Number: 02-32-34-152-0080
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 27, 2016
Sold by
Sobe Partners Llc
Bought by
Ferpamar Inc
Seller's Agent
Warwick Reich
MMLS Assoc.-Inactive Member
Buyer's Agent
Roxana Budetta
Coldwell Banker Realty
List Price
$340,000
Sold Price
$307,000
Premium/Discount to List
-$33,000
-9.71%
Current Estimated Value
$375,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,961
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Oct 27, 2014
Closed on
Mar 5, 2015
Sold by
Wels Fargo Bank Na
Bought by
Sobe Partners Llc
Seller's Agent
Sonia Gilman
Coldwell Banker Realty
Buyer's Agent
Sonia Gilman
Coldwell Banker Realty
List Price
$269,900
Sold Price
$208,000
Premium/Discount to List
-$61,900
-22.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Read Dionne
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 2, 2012
Sold by
Read Dionne
Bought by
Lincoln View Condo Assn Inc

Purchase Details

Closed on
Jun 28, 2004
Sold by
1559 Michigan Lc
Bought by
Read Dionne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
4.28%
Mortgage Type
Unknown
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
Ferpamar Inc $307,000 Attorney
Sobe Partners Llc $208,000 Fidelity Natl Title Fl Inc
Wells Fargo Bank Na $191,100 None Available
Lincoln View Condo Assn Inc $1,100 None Available
Read Dionne $215,000 South Pointe Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Read Dionne $150,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Rented $2,900 0.0% --
08/09/2023 08/09/23 Under Contract -- -- --
07/13/2023 07/13/23 Price Changed $2,900 -3.3% $4 / Sq Ft
06/30/2023 06/30/23 For Rent $3,000 +76.5% --
08/20/2020 08/20/20 Rented $1,700 -8.1% --
07/30/2020 07/30/20 Price Changed $1,850 -2.6% $2 / Sq Ft
06/22/2020 06/22/20 For Rent $1,900 -9.5% --
03/01/2019 03/01/19 Rented $2,100 0.0% --
12/18/2018 12/18/18 Price Changed $2,100 -4.5% $3 / Sq Ft
10/01/2018 10/01/18 For Rent $2,200 0.0% --
01/06/2017 01/06/17 Sold $307,000 -4.0% $391 / Sq Ft View Prior Sale
12/08/2016 12/08/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $319,900 -3.0% $408 / Sq Ft
11/10/2016 11/10/16 Price Changed $329,900 -1.5% $420 / Sq Ft
11/01/2016 11/01/16 Price Changed $334,900 -1.4% $427 / Sq Ft
10/21/2016 10/21/16 Price Changed $339,500 -0.1% $432 / Sq Ft
10/19/2016 10/19/16 For Sale $340,000 +63.5% $433 / Sq Ft
04/14/2015 04/14/15 Sold $208,000 -5.4% $265 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Pending -- -- --
01/09/2015 01/09/15 Price Changed $219,900 -14.4% $280 / Sq Ft
12/02/2014 12/02/14 Price Changed $256,900 -4.8% $327 / Sq Ft
10/27/2014 10/27/14 For Sale $269,900 0.0% $344 / Sq Ft
01/15/2013 01/15/13 Rented $1,600 0.0% --
01/15/2013 01/15/13 For Rent $1,600 -- --
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 $4,252 $223,608 -- --
2024 $4,055 $203,280 -- --
2023 $4,055 $184,800 $0 $0
2022 $3,157 $168,000 $0 $0
2021 $3,113 $158,620 $0 $0
2020 $2,792 $144,200 $0 $0
2019 $3,726 $192,300 $0 $0
2018 $4,253 $226,181 $0 $0
2017 $4,733 $248,551 $0 $0
2016 $4,350 $223,920 $0 $0
2015 $4,318 $214,181 $0 $0
2014 $3,956 $194,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2023

    Roxana Budetta

    Coldwell Banker Realty

    (305) 986-8453

    24 Total Sales

    Roxana Budetta
    Section Image
  • Anna Zibaryeva

    Tenant's Agent in 2023

    Anna Zibaryeva

    Trident Real Estate, Inc

    (929) 841-4609

    13 in this area

    50 Total Sales

    Anna Zibaryeva
    Section Image

  • W

    Buyer's Agent in 2019

    Wende Weber

    Beachfront Realty Inc

    (305) 695-1112

    1 Total Sale

    Wende Weber
    Section Image

  • W

    Seller's Agent in 2017

    Warwick Reich

    MMLS Assoc.-Inactive Member

    Section Image

  • S

    Seller's Agent in 2015

    Sonia Gilman

    Coldwell Banker Realty

    16 Total Sales

    Sonia Gilman
    Section Image
  • Jonathan Gilman

    Seller Co-Listing Agent in 2015

    Jonathan Gilman

    Coldwell Banker Realty

    (786) 486-9560

    92 Total Sales

    Jonathan Gilman
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11412128

MIAMI REALTORS® MLS

APN: 02-3234-152-0080

Florida Miami/Dade County Miami Beach 33139 Flamingo

1559 Michigan Ave Unit 202, Miami Beach, FL

This home is located at 1559 Michigan Ave Unit 202, Miami Beach, FL 33139 since 30 June 2023 and is currently priced at $375,961. This property was built in 1925. 1559 Michigan Ave Unit 202 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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