Home » Miami Beach » Terrace East at 1400 Pennsylvania Ave Miami Beach » 1400 Pennsylvania Ave 8, Miami Beach, FL 33139 | A11496110

Sold 1400 Pennsylvania Ave 8, Miami Beach, FL 33139

$265,000
closed for a price of $255,000

Property Highlights

Listing ID A11496110 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 650 Sqft/60.39 m2 approx. Building Area 650 Sqft/60.39 m2 approx. Year Built 1965 Lease Term Minimum Duration: 2 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 2 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 181 Days

1400 Pennsylvania Ave 8, Miami Beach, FL 33139

Property Description: Location, Location, Location! Center of South Beach! Walking distance to Lincoln Rd, Ocean Dr, and the restaurants of Espanola Way. Floor-to-ceiling windows make this corner one-bedroom condo feel bright and open. Configured with a separate home office area and features a large private balcony. Completely renovated, clean, and modern interior; ready to move in and enjoy. Building is poised to undergo restoration for the 60-year recertification. Enclosed car and motorcycle parking included (unassigned). Pets and annual renting are allowed in year one. Building has partial reserves funding.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$280,000
Original List Price:$290,000
Close Price:$255,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Other
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:3
Possible Use:
  • Investment

Property Features

View from the Property:
  • Other
Waterfront:No
Security:
  • Smoke Detector(s)
  • Complex Fenced
  • Other
  • Intercom
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Gas Water Heater
  • Electric Range
Interior Features:
  • Bedroom On Main Level
  • Elevator
  • Second Floor Entry
Exterior Features:
  • Fence
  • Balcony
  • Courtyard
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$1,815

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$668
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Bike Storage
  • Trash
  • Laundry
  • Elevator(s)
Subdivision Name:TERRACE EAST CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Common Areas
  • Parking
  • Hot Water
Complex Name:TERRACE EAST CONDO
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, Other Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Garage Door Opener

More Details

Other Information:
Unit ViewOther View
Housing Older Persons ActNo HOPA
Unit DesignOther
Type of AssociationCondo
Minimum Number of Days for Lease2
Type of Governing BodiesCondominium
Tax InformationTax Reflects Homestead Tax
Number of times allowed to lease per year180
Flood ZoneAE
Homeowner's Association Application Fee150
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number8
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:TERRACE EAST CONDO APT 8 SECOND FLOOR UNDIV 2.20% INT IN COMMON ELEMENTS CLERKS FILES 64R52999 & 64R64979 & 64R88557 OR 14774-0632 1090 1
Real Estate Folio Number (Parcel Number):02-42-04-008-0080
Public Survey Township:2
Public Survey Range:42
Public Survey Section:4

Listing History

Update/EventDate/Days
Published Date:December 5, 2023 11:50 am
On Market Date:December 5, 2023
Close Date:June 3, 2024
Price Change Date Time:April 26, 2024 9:01 am
Last Important Update Description:Closed
Date and Time of Last Important Update:June 3, 2024 12:58 pm
Status Last Changed:June 3, 2024 12:58 pm
Photos Last Modified:April 25, 2024 8:45 pm
Last Modified:June 3, 2024 4:59 pm
Days on the Market Reference Date:June 3, 2024
Days on the Market (updated on Last Modified*):153
Cumulative Days on the Market (updated on Last Modified**):153

Additional Information

Unit Location:Other
Number of Photos:23
Location:,,
Included:,,
Area:42
Courtesy of:Xcellence Realty
Universal Property Id:US-12025-N-0242040080080-R-N

Location

Show Property Address:Yes
Street Name:Pennsylvania Ave
Street Number:1400
Street Address:1400 Pennsylvania Ave 8
Unit Number:8
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1400 Pennsylvania Ave 8, Miami Beach, FL 33139
Latitude:N25° 47' 8.3''
Longitude:W81° 51' 56''

Neighborhood

Postal City:Miami Beach

Property Map

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