Sold for $290,000

$290,000

1551 Michigan Ave APT 14, Miami Beach, FL 33139

1beds

500sqft

Condominium

Built in 1954

-- sqft lot

$266,300 Zestimate^®

$580/sqft

$1,979 Estimated rent

Home value

$266,300

$248,000 - $288,000

$1,979/mo

Zestimate^® history

Owner options

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$1,979/mo

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$1,979/mo

Rent Zestimate^®

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$2,332/mo

Est. payment

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$2,332/mo

Est. payment

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What's special

Studio lightingSpacious bedroomLarge windowsHigh ceilingsSmooth chalk walls

Back on the Market APPRAISED AT 290,000. Wake up in this secluded top-floor, corner, apartment with balcony, surrounded by light and gardens. Located in heart of Miami Beach — a private oasis. High ceilings, studio lighting and light-absorbing chalk walls dominate the space. Large windows attract light and energy into the space during the day. Designer wood-laminate floors, smooth chalk walls, and bright warm lights from studio lighting bring coastal elegance at night. Spacious bedroom with large windows that face large gardens. The apartment is centrally located in the middle of Miami’s culinary powerhouse restaurants - order in or go to Lincoln Mall, Sunset Harbor District, Española Way, Collins, or South of 5th. Flamingo Park. Close to the beach. Contact Co-listing agent for showings.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Appliances

Included: Microwave, Other, Refrigerator

Features

Flooring: Tile

Interior area

Total structure area: 500
Total interior livable area: 500 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Entry location: Second Floor Entry
Exterior features: Other
Has view: Yes
View description: Other

Lot

Features: East Of Us1

Details

Parcel number: 0232341290140
Other equipment: Other

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 1954

Community & HOA

Community

Security: Complex Fenced
Application fee: $150
Subdivision: Lincoln Place Condo

HOA

Has HOA: Yes
Amenities included: Other
HOA fee: $283 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $580/sqft
Tax assessed value: $220,216
Annual tax amount: $3,188
Date on market: 1/10/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
5/7/2024	Sold	$290,000+20.8%$580/sqft
Source: MIAMI #A11508764 Report a problem
5/16/2023	Sold	$240,000+20%$480/sqft
Source: MIAMI #A11355160 Report a problem
10/19/2016	Sold	$200,000+8.1%$400/sqft
Source: Public Record Report a problem
5/13/2014	Sold	$185,000+34.1%$370/sqft
Source: Public Record Report a problem
12/15/2011	Sold	$138,000+20%$276/sqft
Source: Public Record Report a problem
8/30/2010	Sold	$115,000-47.5%$230/sqft
Source: Public Record Report a problem
4/24/2007	Sold	$219,000+51%$438/sqft
Source: Public Record Report a problem
4/26/2004	Sold	$145,000+16%$290/sqft
Source: Public Record Report a problem
12/5/2001	Sold	$125,000+78.8%$250/sqft
Source: Public Record Report a problem
5/24/2000	Sold	$69,900-88.3%$140/sqft
Source: Public Record Report a problem
9/7/1999	Sold	$595,000$1,190/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,131 +7.8%	$220,216 +8%
2024	$3,832 +20.2%	$203,904 +22.5%
2023	$3,188 +9.9%	$166,496 +10%
2022	$2,901 +9.2%	$151,360 +10%
2021	$2,657 -5.2%	$137,600 -5%
2020	$2,803 -6.1%	$144,800 -6%
2019	$2,984 -2.1%	$154,000 -5%
2018	$3,048	$162,071
2017	$3,048 -1.3%	$162,071 -0.5%
2016	$3,086 +5.2%	$162,855 +10%
2015	$2,933 -12.2%	$148,050 -10%
2014	$3,342 +58.5%	$164,500 +55%
2013	$2,109	$106,130 +3%
2012	$2,109 -1.1%	$103,040
2011	$2,133 +54.9%	$103,040
2010	$1,377 -17.3%	$103,040 -15%
2009	$1,665 -51.5%	$121,220 -28.7%
2007	$3,432 +14.7%	$170,130
2006	$2,993	--
2005	$2,993 +150.7%	--
2004	$1,194 +1.6%	--
2003	$1,176	--
2002	--	--
2001	--	--