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1535 West Avenue

1535 West Avenue, Miami Beach, FL 33139
Commercial in West Avenue
1 Units For Sale
Unit for sale at 1535 West Ave, Miami Beach, FL 33139

$3,250,000

  • Commercial
1535 West Ave, Miami Beach, FL 33139 Listing by Neal Victor

1535 West Avenue has been categorized by the local assessors in Miami Beach, FL as a unknown type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 12 bedrooms. Residents will have access to 12 full bathrooms. There are 12 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1535 West Avenue has 7,392 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The roof of the building is made of unknown. The exterior walls of the building are made of unknown. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1535 West Avenue was last sold in May 23, 2022 for $2,400,000. According to our calculations, that's $324.68 per sqft. Prior to that sales transaction, the property was sold for $1,575,000 in Feb 10, 2020. Current property owners are expected to pay $43,229 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2012. The property on 1535 West Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,040,000. To break that down further, the land itself was valued at $1,875,000. While improvements to the property were assessed at a total of $165,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Block Exterior

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210309
03/09/2021
Loft
-
-
$2,490,000
bedrooms
Loft
bathrooms
-
-
-
-
Alberto Sermoneta
Sermoneta Real Estate Group Corp

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 7,392
  • Gross Building Area: 7,392
  • Building Area: 7,392
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: COMMERCIAL SUB
  • Land Acres: 0.172
  • Legal Description 1: 33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 6 BLK 66 A LOT SIZE 50.000 X 150 OR 19204-3538 06 2000 1

Ownership

  • Current Owner : 1535 WEST AVE LLC
  • Previous Owner : OVERSEA MIAMI LLC
  • Owner Before Previous Owner: MONTAGUE AT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004207

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 184
  • District: 02
  • Parcel: 02-3234-018-0620
  • Block: 66
  • Lot: 6
  • Meridian: SEC 34 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.788
  • Longitude: -80.142

    Address

  • Full Address: 1535 West Ave
  • Address - House Number: 1535
  • Address - Street Name: West
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C044
  • 4-Digit Zip Code: 2342
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 7,392
  • Tax Year: 2023
  • Tax Amount: $43,229
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 2,730,404
  • High Value: 3,927,043
  • Low Value: 1,533,764

    Market Valuation

  • Market Total Value: $2,040,000
  • Market Land Value: $1,875,000
  • Market Improvement Value: $165,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,040,000
  • Assessed Land Value: $1,875,000
  • Assessed Improvements Value: $165,000

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11889840737
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 440092
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Feb 10, 2020
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FM HOME LOANS LLC
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $3,127,000
  • First Mortgage Terms: 18
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Dec 01, 2023

About West Avenue



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Nearby Rentals

Unit for rent at 1611 Pennsylvania Ave, Miami Beach, FL, 33139

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 11,232 ft²
1611 Pennsylvania Ave #5, Miami Beach, FL, 33139 Listing by Monika Schuster

Frequently Asked Questions

What neighborhood is 1535 West Avenue located in?
The 1535 West Avenue is a commercial located in the neighborhood of West Avenue in West Avenue, Miami Beach.
How many listings are currently for sale in 1535 West Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1535 West Avenue?
The average sales price for units in 1535 West Avenue is $3,250,000 currently.

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