NOT LISTED FOR SALE

Estimated Value: $295,000 - $313,000

1 Bed
1 Bath
570 Sq Ft
$740/mo HOA Fee

Last Sold January 24, 2025

Last sale price $310,000 $544 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,762/month

80 Days on Market

Highlights

  • Furnished
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Views

About This Home

As of January 2025

Discover this charming 1-bedroom, 1-bath fixer-upper in a boutique Art Deco building, boasting immense potential. Ideally located just steps from Lincoln Road and the beach, this unit offers the convenience of in-unit washer and dryer. Enjoy proximity to a variety of restaurants, shops, and vibrant nightlife, making it a prime investment opportunity. With a motivated seller eager to make a deal, this property is perfect for those looking to create their dream space or capitalize on a lucrative rental market. Don’t miss out on this rare find in a sought-after area! Contact us today to schedule a viewing and explore the possibilities.

Last Listed By

Ty Forkner

One Sotheby's International Re License #3087726 Listed on: 11/05/2024

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1938

HOA Fees

  • $740 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 570 Sq Ft Home
  • Furnished
  • Vinyl Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-134-0070

Community Details

Overview

  • Low-Rise Condominium
  • The Belcrest Condo
  • The Belcrest Condo Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,742

Year Built

Built in 1938

Lot Details

0

HOA Fees

$740 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE BELCREST CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Furnished: Furnished
  • Living Area: 570
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE BELCREST CONDO
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 740
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-134-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Jan 23, 2025
Sold by
Lee Donna Marie Chin
Bought by
Neimane Linards Galvez
Seller's Agent
Ty Forkner
One Sotheby's International Re
Buyer's Agent
Jose Morejon
Realty Investments Corp.
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Total Days on Market
80
Views
29
Current Estimated Value
$306,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,623
Avg. Annual Appreciation
-4.59%
Original Mortgage
$217,000
Outstanding Balance
$216,623
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$89,754

Purchase Details

Closed on
Jun 19, 2003
Sold by
Hinson Cherie Wheaton and Wheaton Cherie
Bought by
Karim Tariq R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2001
Sold by
1569 Euclid Associates
Bought by
Wheaton Cherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.23%
Mortgage Type
New Conventional

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
Neimane Linards Galvez $310,000 Titlelogic
Neimane Linards Galvez $310,000 Titlelogic
Karim Tariq R $165,000 Union Title Services Inc
Wheaton Cherie $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neimane Linards Galvez $217,000
Closed Neimane Linards Galvez $217,000
Previous Owner Karim Tariq R $132,000
Previous Owner Wheaton Cherie $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $310,000 -4.6% $544 / Sq Ft
11/05/2024 11/05/24 For Sale $325,000 0.0% $570 / Sq Ft
05/01/2023 05/01/23 Rented $2,000 -9.1% --
03/24/2023 03/24/23 For Rent $2,200 0.0% --
04/13/2022 04/13/22 Sold $250,000 -9.1% $439 / Sq Ft
03/03/2022 03/03/22 For Sale $275,000 0.0% $482 / Sq Ft
11/02/2020 11/02/20 Rented $1,500 -3.2% --
10/23/2020 10/23/20 For Rent $1,550 0.0% --
09/28/2018 09/28/18 Rented $1,550 -3.1% --
09/28/2018 09/28/18 Under Contract -- -- --
07/29/2018 07/29/18 Price Changed $1,600 -8.6% $3 / Sq Ft
07/10/2018 07/10/18 For Rent $1,750 +2.9% --
12/01/2017 12/01/17 Rented $1,700 0.0% --
11/27/2017 11/27/17 Under Contract -- -- --
11/17/2017 11/17/17 Price Changed $1,700 -12.8% $3 / Sq Ft
06/21/2017 06/21/17 For Rent $1,950 +8.3% --
05/16/2016 05/16/16 Rented $1,800 -10.0% --
05/10/2016 05/10/16 Under Contract -- -- --
03/08/2016 03/08/16 For Rent $2,000 +5.3% --
08/20/2015 08/20/15 Rented $1,900 -5.0% --
07/21/2015 07/21/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $2,000 -- --
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
2024 $3,742 $217,800 -- --
2023 $3,742 $198,000 $0 $0
2022 $2,988 $155,760 $0 $0
2021 $2,734 $141,600 $0 $0
2020 $3,045 $157,300 $0 $0
2019 $3,387 $174,800 $0 $0
2018 $3,478 $190,049 $0 $0
2017 $3,311 $165,558 $0 $0
2016 $3,146 $150,508 $0 $0
2015 $3,047 $136,826 $0 $0
2014 $2,978 $124,388 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11684732

MIAMI REALTORS® MLS

APN: 02-3234-134-0070