Sold for $385,000

$385,000

850 N Miami Ave #W-1603, Miami, FL 33136

2beds

914sqft

Condominium

Built in 1989

-- sqft lot

$360,000 Zestimate^®

$421/sqft

$2,862 Estimated rent

Home value

$360,000

$335,000 - $385,000

$2,862/mo

Zestimate^® history

Owner options

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$2,862/mo

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$2,862/mo

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$3,561/mo

Est. payment

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$3,561/mo

Est. payment

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What's special

Basketball courtsRenovated high floor condoNew poolMadison tennis courtsLighted tennisCovered parkingFitness center

Renovated high floor condo at The Madison in downtown Miami. This condo boasts a split floor plan with porcelain flooring throughout, an open kitchen with granite countertops and stainless steel appliances, impact windows and sliding doors and updated bathrooms. It offers views of the downtown Miami skyline plus The Madison tennis courts and pool. The Madison offers great amenities including 24-hour security, fitness center with Cybex equipment, lighted tennis and basketball courts, a new pool/spa, a beach sand volleyball court, covered parking, movie theater, cyber cafe, billiard room, poker room a kid's room and much more. The Madison is conveniently located walking distance to the Metro Rail, the Brightline, cafes and shops. This condo is a great investment! (Agents see broker remarks)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator

Features

Built-in Features, Closet Cabinetry, Split Bedroom
Flooring: Ceramic Tile
Doors: High Impact Doors
Windows: Clear Impact Glass
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 914
Total interior livable area: 914 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space
Garage spaces: 1

Features

Patio & porch: Awning(s)
Exterior features: Barbecue, Tennis Court(s)
Has private pool: Yes
Pool features: Private Pool
Spa features: Community
Has view: Yes
View description: Skyline, Tennis Court View

Details

Parcel number: 0131360892090

Construction

Type & style

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

Materials

CBS Construction

Condition

Year built: 1989

Community & HOA

Community

Security: Fire Sprinkler System, Fire Alarm, Smoke Detector, Elevator Secure, Security Guard, Lobby Secured
Application fee: $150
Pet fee: $150
Subdivision: Madison Downtown Condo

HOA

Has HOA: Yes
Amenities included: Basketball Court, Barbecue, Bike/Jog Path, Billiard Room, Playground, Laundry, Community Room, Fitness Center, Exterior Lighting, Pool, Spa/Hot Tub, Tennis Court(s), Trash
HOA fee: $894 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $421/sqft
Tax assessed value: $280,752
Annual tax amount: $6,585
Date on market: 3/12/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
4/30/2024	Sold	$385,000-2.5%$421/sqft
Source: MIAMI #A11548421 Report a problem
4/2/2024	Pending sale	$395,000$432/sqft
Source: MIAMI #A11548421 Report a problem
3/12/2024	Listed for sale	$395,000+52.5%$432/sqft
Source: MIAMI #A11548421 Report a problem
12/24/2020	Sold	$259,000+15.1%$283/sqft
Source: Public Record Report a problem
3/6/2008	Sold	$225,000$246/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,721 -17.4%	$280,752 -17%
2024	$6,922 +5.1%	$338,256 +8%
2023	$6,585 +83.3%	$313,200 +47.3%
2022	$3,593 +0.6%	$212,607 +3%
2021	$3,572 -18.1%	$206,415 +3%
2020	$4,362 +5.7%	$200,403 +9.1%
2019	$4,126 +8.6%	$183,663 +10%
2018	$3,800	$166,967 +10%
2017	$3,800 +4.8%	$151,789 +10%
2016	$3,627 +8.4%	$137,990 +10%
2015	$3,346 +11.5%	$125,446 +10%
2014	$3,000 +37.9%	$114,042 +10%
2013	$2,174	$103,675 +10%
2012	$2,174 -20.5%	$94,250 -20%
2011	$2,736 -6%	$117,810
2010	$2,911 -8%	$117,810 -12.5%
2009	$3,163 -43%	$134,640 -45%
2007	$5,546	$244,800