1753 Michigan Avenue

Local assessors in Miami Beach, FL have categorized 1753 Michigan Avenue as a exempt type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 1994. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1753 Michigan Avenue has a total of 4,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1753 Michigan Avenue sold most recently in May 3, 2023 for a total of $4,642,000. If you work out the math, that's approximately a cost of $1,144.48 per sqft. Before that, the property was also sold for $4,850,000 in Mar 17, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $37,370 in taxes each year. The initial year of tax delinquency occurred in 2022. 1753 Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,977,600. If we break it down further, the land itself was valued at $1,387,500. Improvements to the property, however, were assessed at a total of $590,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.