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Map
$185,000
●
Condo -
Off Market
642 Michigan Ave #4
Miami Beach, FL 33139
Studio
1 Bath
290 Sqft
$1,573
Estimated Monthly
$480
HOA / Fees
7.89%
Cap Rate
About This Property
Fantastic investment opportunity. Absolutely stunning furnished
studio in the heart of South Beach, fully remodeled and equipped
with stainless steel kitchen, granite counter tops, modern bathroom
and washer & Dryer inside the unit. Just come with your toothbrush.
Amazing location, only blocks from the ocean, south of 5th and
Lincoln Rd. Tenant occupied, 24 hours notice preferred via showing
request.
Unit Size
290Ft²
Days on Market
-
Land Size
-
Price per sqft
$638
Property Type
Condo
Property Taxes
$184
HOA Dues
$480
Year Built
-
Last updated: 3 months ago (Miami MLS #A11491134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Relisted | $140,000 | |
| Relisted | |||
| Mar 20, 2024 | Price Decreased |
$140,000
↓ $10K
(6.7%)
|
|
| Price Decreased | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Keller Williams Miami Beach Re | $150,000 | |
| Listed by Keller Williams Miami Beach Re | |||
|
|||
|
Unique investment opportunity. Owner is considering all offers.
This unit was previously listed for $185,000 before discovering the
building will need repairs to become rectified. Upcoming assessment
for this unit have not been approved yet but the number is around
$43,000.00 total and could be divided in 10 years monthly payment,
unit is rented and it is producing income. Absolutely stunning
furnished studio in the heart of South Beach, fully remodeled and
equipped. The washer and dryer…
|
|||
Property Highlights
Parking Available
Parking Details
Parking Features: None
Interior Details
Bathroom Information
Full Bathrooms: 1
Bedroom Information
Bedroom Features: Studio
Interior Information
Interior Features: First Floor Entry
Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
Flooring Type: Wood
Exterior Details
Property Information
Has Property Attached
Square Footage: 290
Security Features: Complex Fenced
Architectural Style: Old Spanish
Year Built: 1925
Building Information
Building Name: Sevilla Condo
Building Area Units: Square Feet
Window Features: Blinds
Lot Information
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: SEVILLA CONDOUNIT 4UNDIV 0.028INT IN COMMON ELEMENTSOFF REC 18020-3011OR 18117-1311 0598 1
Tax Annual Amount: $2,210
Tax Year: 2023
Parcel Number: 02-42-03-221-0100
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: None, Window/Wall
Location Details
HOA/Condo/Coop Amenities: Bike Storage, Laundry, None
HOA Fee: $480
HOA Fee Frequency: Monthly
642 Michigan Ave #4, Miami Beach, FL, 33139
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
Stu
1
Bath
364 ft²
$549/ft²
$200,000
Jul 7, 2023
$200,000
Sep 27, 2023
$516/mo
Condo
Stu
1
Bath
390 ft²
$482/ft²
$188,000
Oct 17, 2023
$188,000
Feb 27, 2024
$513/mo
Condo
Stu
1
Bath
350 ft²
$550/ft²
$192,500
Dec 5, 2023
$192,500
Apr 4, 2024
$702/mo
Condo
Stu
1
Bath
400 ft²
$450/ft²
$180,000
Dec 3, 2023
$180,000
Feb 22, 2024
$615/mo
Condo
Stu
1
Bath
433 ft²
$456/ft²
$197,500
Sep 7, 2023
$197,500
Jan 8, 2024
$497/mo
Sold
Condo
Stu
1
Bath
440 ft²
$432/ft²
$190,000
Dec 5, 2023
$190,000
Jan 23, 2024
$574/mo
Active
Condo
Stu
1
Bath
282 ft²
$691/ft²
$195,000
Mar 25, 2024
-
$1,062/mo
Active
Condo
Stu
1
Bath
302 ft²
$712/ft²
$215,000
Nov 28, 2023
-
$1,100/mo
Active
Condo
Stu
1
Bath
270 ft²
$704/ft²
$190,000
Apr 4, 2024
-
$992/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/12/2022
|
1 Bed
|
1 Bath
|
240 ft²
|
$175,000
1 Bed
1 Bath
240 ft²
|
-
-
|
-
|
Steven Koleno
Beycome Brokerage Realty LLC
|
|
|
08/23/2022
|
Studio
|
1 Bath
|
370 ft²
|
$175,000
Studio
1 Bath
370 ft²
|
-
-
|
-
|
Linda Johnson
Keller Williams Eagle Realty
|
|
|
07/15/2022
|
Studio
|
1 Bath
|
290 ft²
|
$163,000
Studio
1 Bath
290 ft²
|
-
-
|
-
|
Andrea Tavella
Vella Real Estate
|
|
|
05/25/2022
|
Studio
|
1 Bath
|
330 ft²
|
$149,900
Studio
1 Bath
330 ft²
|
-
-
|
-
|
Nick Lazarevic
United Realty Group Inc
|
|
|
01/14/2022
|
Studio
|
1 Bath
|
300 ft²
|
$130,000
Studio
1 Bath
300 ft²
|
-
-
|
-
|
Fabio Leon
Florida Realty of Miami Corp
|
|
|
04/26/2022
|
Studio
|
1 Bath
|
290 ft²
|
$130,000
Studio
1 Bath
290 ft²
|
-
-
|
-
|
Fabio Leon
Florida Realty of Miami Corp
|
|
|
04/25/2022
|
Studio
|
1 Bath
|
240 ft²
|
$195,000
Studio
1 Bath
240 ft²
|
-
-
|
-
|
Tatiane Kail
Okkla Realty, LLC
|
|
|
11/23/2021
|
Studio
|
1 Bath
|
290 ft²
|
$120,000
Studio
1 Bath
290 ft²
|
$107,000
-10.83%
01/12/2022
|
-
|
Teryse Dandrea
PPI Realty Inc.
|
|
|
09/17/2021
|
Studio
|
1 Bath
|
370 ft²
|
$145,000
Studio
1 Bath
370 ft²
|
-
-
|
-
|
Federica Pacheco
Avanti Way
|
|
|
08/25/2021
|
Studio
|
1 Bath
|
290 ft²
|
$110,000
Studio
1 Bath
290 ft²
|
-
-
|
-
|
Liana Ycikson
R House Real Estate
|
|
|
04/22/2021
|
Studio
|
1 Bath
|
-
|
$135,000
Studio
1 Bath
|
-
-
|
-
|
Teryse Dandrea
PPI Realty Inc.
|
|
|
03/15/2021
|
Studio
|
1 Bath
|
370 ft²
|
$145,000
Studio
1 Bath
370 ft²
|
-
-
|
-
|
Federica Pacheco
Avanti Way
|
|
|
01/15/2021
|
Studio
|
1 Bath
|
370 ft²
|
$135,000
Studio
1 Bath
370 ft²
|
-
-
|
-
|
Edward Margolis
Mast Realty, Inc.
|
|
|
11/10/2020
|
|
2 Bed
|
1 Bath
|
530 ft²
|
$179,000
2 Bed
1 Bath
530 ft²
|
-
-
|
-
|
Mabel Alvarez
Fortune International Realty
|
|
11/10/2020
|
2 Bed
|
1 Bath
|
530 ft²
|
$179,000
2 Bed
1 Bath
530 ft²
|
$165,000
-7.82%
02/09/2021
|
Mabel Alvarez
Fortune International Realty
|
||
|
09/23/2020
|
Studio
|
1 Bath
|
-
|
$135,000
Studio
1 Bath
|
-
-
|
-
|
Teryse Dandrea
PPI Realty Inc.
|
|
|
07/09/2020
|
1 Bed
|
1 Bath
|
530 ft²
|
$205,000
1 Bed
1 Bath
530 ft²
|
-
-
|
-
|
Caitlin Fellerman
Gary Hennes Realtos
|
|
|
07/01/2020
|
1 Bed
|
1 Bath
|
530 ft²
|
$18,300
1 Bed
1 Bath
530 ft²
|
-
-
|
-
|
Rochy Carpio
Caba Real Estate
|
|
|
01/29/2020
|
Studio
|
1 Bath
|
290 ft²
|
$135,000
Studio
1 Bath
290 ft²
|
-
-
|
-
|
Teryse Dandrea
PPI Realty Inc.
|
|
|
01/09/2020
|
Studio
|
1 Bath
|
240 ft²
|
$145,000
Studio
1 Bath
240 ft²
|
-
-
|
-
|
Jorge Rodriguez
Century 21 Dorar Realty
|
|
|
01/01/2020
|
2 Bed
|
1 Bath
|
530 ft²
|
$195,000
2 Bed
1 Bath
530 ft²
|
-
-
|
-
|
Mabel Alvarez
Fortune International Realty
|
|
|
09/04/2019
|
Studio
|
1 Bath
|
370 ft²
|
$155,000
Studio
1 Bath
370 ft²
|
-
-
|
-
|
Federica Pacheco
Avanti Way
|
|
|
01/28/2019
|
2 Bed
|
1 Bath
|
530 ft²
|
$210,000
2 Bed
1 Bath
530 ft²
|
-
-
|
-
|
Mabel Alvarez
Fortune International Realty
|
|
|
10/11/2018
|
1 Bed
|
1 Bath
|
530 ft²
|
$210,000
1 Bed
1 Bath
530 ft²
|
-
-
|
-
|
-
|
|
|
07/30/2017
|
|
1 Bed
|
1 Bath
|
520 ft²
|
-
1 Bed
1 Bath
520 ft²
|
-
-
|
-
|
-
|
Building Info
642 Michigan Avenue
642 Michigan Avenue, Miami Beach, FL 33139
- 3 Units for Sale
About Flamingo - Lummus
Similar Homes for Sale
$190,000
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Nearby Rentals
$1,800 /mo
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Listed by: Vanessa Wigoda
Keller Williams Miami Beach Re
Last Updated: 3 months ago
Data Source: Miami MLS, MLS# A11491134
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Keller Williams Miami Beach Re
Last Updated: 3 months ago
Data Source: Miami MLS, MLS# A11491134
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
