$245,000
$4K PRICE DROP

551 Michigan Ave Unit 125 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $2,222/month

Total Views 3,458
1 Bed
1 Bath
426 Sq Ft
$575 Price per Sq Ft

Highlights

  • Wood Flooring
  • Courtyard
  • Fenced
  • South Pointe Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

Beautifully renovated art deco 1B/1B in the heart of South Beach, corner unit, contemporary bathroom fixtures, Italian style kitchen cabinets, stainless steel appliances, laminate floors, community washer & dryer. Walking distance from Publix, shops, beach, public pool, parks, and transportations. Light and bright.

Listing Agent

Max Picchiura

SOBE International Realty License #3246716

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,271

Year Built

  • Built in 1945

HOA Fees

  • $581 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 426 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Courtyard
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-364-0190

Community Details

Overview

  • 551/557 Michigan Condo
  • 551/557 Michigan Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,271

Year Built

Built in 1945

Lot Details

0

HOA Fees

$581 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 551/557 MICHIGAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Living Area: 426
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 551/557 MICHIGAN CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 581
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-364-0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3271

Map

Range of Values:

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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 $3,408 $195,496 -- --
2023 $3,408 $177,724 $0 $0
2022 $3,133 $161,568 $0 $0
2021 $2,836 $146,880 $0 $0
2020 $2,788 $144,000 $0 $0
2019 $3,101 $160,000 $0 $0
2018 $3,168 $168,480 $0 $0
2017 $3,208 $168,480 $0 $0
2016 $3,030 $156,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2024 09/15/24 Rented $1,800 0.0% --
09/11/2024 09/11/24 Price Changed $245,000 0.0% $575 / Sq Ft
09/04/2024 09/04/24 Under Contract -- -- --
08/16/2024 08/16/24 For Sale $249,000 0.0% $585 / Sq Ft
08/14/2024 08/14/24 For Rent $1,900 +46.2% --
02/05/2019 02/05/19 Rented $1,300 -3.7% --
01/30/2019 01/30/19 Under Contract -- -- --
01/24/2019 01/24/19 For Rent $1,350 0.0% --
01/04/2019 01/04/19 Under Contract -- -- --
12/03/2018 12/03/18 Price Changed $1,350 -3.6% $3 / Sq Ft
10/16/2018 10/16/18 Price Changed $1,400 -3.4% $3 / Sq Ft
09/08/2018 09/08/18 For Rent $1,450 +3.6% --
05/01/2018 05/01/18 Rented $1,400 -3.4% --
04/10/2018 04/10/18 Under Contract -- -- --
04/05/2018 04/05/18 For Rent $1,450 +11.5% --
12/01/2017 12/01/17 Rented $1,300 -7.1% --
11/16/2017 11/16/17 Under Contract -- -- --
10/11/2017 10/11/17 Price Changed $1,400 -3.4% $3 / Sq Ft
08/15/2017 08/15/17 Price Changed $1,450 -3.3% $3 / Sq Ft
06/19/2017 06/19/17 For Rent $1,500 0.0% --
07/01/2016 07/01/16 Rented $1,500 0.0% --
06/16/2016 06/16/16 Under Contract -- -- --
06/07/2016 06/07/16 For Rent $1,500 0.0% --
06/06/2016 06/06/16 Sold $240,000 -5.9% $556 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $255,000 -- $590 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $245,000 Attorney
Deed $177,700 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11642922

MIAMI REALTORS® MLS

APN: 02-4203-364-0190