$409,000
PENDING $16K PRICE DROP

Estimated payment $3,182/month

Total Views 2,105
1 Bed
1 Bath
410 Sq Ft
$998 Price per Sq Ft

Highlights

  • Community Pool
  • High Impact Door
  • Ceiling Fan
  • South Pointe Elementary School Rated A-
  • Central Heating and Cooling System
  • 1-minute walk to Washington Dog Park & Annex

About This Home

Welcome to this exquisite 1-bedroom, 1-bath Condo in the prestigious South of Fifth neighborhood. This spacious and luxurious residence is just a 1-minute walk from the pristine beach, offering unparalleled convenience. Designed with modern elegance and furnishings, the apartment features a fully equipped kitchen, a serene bedroom, and a chic living area perfect for relaxation. An exceptional investment opportunity, this property comes with short-term rental rights, providing flexibility and potential income. Located amidst fine dining, upscale shopping, and vibrant nightlife, this apartment combines the best of Miami Beach living with the benefits of a lucrative Self Managed rental option. Experience luxury, comfort & profitability in one of Miami Beach's most sought-after locales.

Listing Agent

Kimberly Smith

The Keyes Company License #3210996

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1921

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 410 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-235-0430

Community Details

Overview

  • 64 Units
  • Mercury South Beach Condos
  • The Mercury South Beach Subdivision

Amenities

  • Laundry Facilities
  • Interior Hall

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,288

Year Built

Built in 1921

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE MERCURY SOUTH BEACH
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Interior Hall, Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Furnished: Partially
  • Living Area: 410
  • Other Equipment: Elevator
  • Stories: 3
  • Bedroom Features: Primary Bath Shower
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View, None
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Mercury South Beach
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 625
  • Amenities: Laundry, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-235-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 64
  • Number Of Units Total: 64

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3288

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,288 $191,409 -- --
2023 $3,288 $174,009 $0 $0
2022 $3,944 $209,912 $0 $0
2021 $3,824 $198,030 $0 $0
2020 $3,651 $188,600 $0 $0
2019 $3,655 $188,600 $0 $0
2018 $3,546 $188,600 $0 $0
2017 $3,592 $188,600 $0 $0
2016 $2,753 $128,241 $0 $0
2015 $2,636 $116,583 $0 $0
2014 $2,155 $105,985 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2024 12/08/24 Pending -- -- --
09/28/2024 09/28/24 Price Changed $409,000 -3.8% $998 / Sq Ft
08/03/2024 08/03/24 For Sale $425,000 0.0% $1,037 / Sq Ft
07/13/2012 07/13/12 Rented $1,500 0.0% --
07/13/2012 07/13/12 For Rent $1,500 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $349,000 None Listed On Document
Warranty Deed $349,000 None Listed On Document
Deed $244,600 --
Interfamily Deed Transfer -- None Available
Warranty Deed $159,000 Sovereign Title & Trust Co
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $119,950 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11633452

MIAMI REALTORS® MLS

APN: 02-4203-235-0430