$315,000
$35K PRICE DROP

Estimated payment $2,681/month

Total Views 1,066
1 Bed
1 Bath
689 Sq Ft
$457 Price per Sq Ft

Highlights

  • Doorman
  • 5-minute walk to Park West
  • Tennis Courts
  • Community Cabanas
  • Fitness Center
  • Balcony

About This Home

Amazing opportunity in the heart of Downtown Miami! This spacious and bright 1-bedroom, 1-bathroom condo offers almost 700 sq. ft. of living space, perfect for those seeking comfort and a prime location. Located in the Madison Downtown building, just steps away from Bayside, Kaseya Center, Miami World center, Brightline Station, and more. The unit features a spacious living room, open kitchen, private balcony, and plenty of natural light. The building offers great amenities including a pool, gym, tennis court, game room, 24-hour security, and assigned parking. Ideal for living or investing, as the area has high rental demand. Don’t miss out on the chance to be part of Miami’s vibrant lifestyle! Easy to show.

Listing Agent

Gretel Lopez Segura

Cervera Real Estate Inc License #3437612

Cervera Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1989

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 689 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Kitchen
  • Accessible Entrance
  • Emergency Intercom

Outdoor Features

Schools

  • Douglass; Frederick Elementary School
  • De Diego; Jose Middle School
  • Washington; Brooker T High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-36-089-0650

Community Details

Overview

  • Madison Downtown Condos
  • Madison Downtown Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 17-Story Property

Amenities

  • Doorman

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,900

Year Built

Built in 1989

Lot Details

0

HOA Fees

$515 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MADISON DOWNTOWN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Custom Mirrors
  • Accessibility Features: Accessible Full Bath, Accessible Elevator Installed, Emergency Intercom, Accessible Entrance, Accessible Kitchen
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 689
  • Stories: 17
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MADISON DOWNTOWN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 515
  • Amenities: Cabana, Elevator(s), Exercise Room, Exterior Lighting, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Douglass; Frederick
  • High School: Washington; Brooker T
  • Middle Or Junior School: de Diego; Jose

Lot Info

  • Parcel Number: 01-31-36-089-0650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4900

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 $2,045 $248,261 -- --
2023 $2,045 $139,328 $0 $0
2022 $1,962 $135,270 $0 $0
2021 $1,941 $131,331 $0 $0
2020 $1,909 $129,518 $0 $0
2019 $1,913 $129,518 $0 $0
2018 $647 $66,527 $0 $0
2017 $647 $65,159 $0 $0
2016 $659 $63,819 $0 $0
2015 $669 $63,376 $0 $0
2014 $682 $62,874 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $315,000 -3.1% $457 / Sq Ft
04/04/2025 04/04/25 Price Changed $325,000 -7.1% $472 / Sq Ft
03/11/2025 03/11/25 For Sale $350,000 +14.8% $508 / Sq Ft
07/31/2023 07/31/23 Sold $305,000 0.0% $443 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/02/2023 07/02/23 Off Market $305,000 -- --
06/09/2023 06/09/23 Price Changed $305,000 0.0% $443 / Sq Ft
06/09/2023 06/09/23 For Sale $305,000 -1.6% $443 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $310,000 -7.5% $450 / Sq Ft
03/10/2023 03/10/23 Price Changed $335,000 -3.7% $486 / Sq Ft
02/02/2023 02/02/23 Price Changed $348,000 -2.0% $505 / Sq Ft
01/05/2023 01/05/23 For Sale $355,000 0.0% $515 / Sq Ft
03/01/2020 03/01/20 Rented $1,800 0.0% --
01/30/2020 01/30/20 For Rent $1,800 +12.5% --
07/13/2019 07/13/19 Rented $1,600 0.0% --
07/08/2019 07/08/19 Price Changed $1,600 -5.9% $2 / Sq Ft
06/27/2019 06/27/19 For Rent $1,700 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $305,000 Apple Tower Title
Special Warranty Deed $189,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,750 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Negative Amortization
Previous Owner $73,000 Credit Line Revolving
Previous Owner $151,920 Unknown
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11761243

MIAMI REALTORS® MLS

APN: 01-3136-089-0650