Home » Miami Beach » Terrace East at 1400 Pennsylvania Ave Miami Beach » 1400 Pennsylvania Ave 51, Miami Beach, FL 33139 | A11502146

1400 Pennsylvania Ave 51, Miami Beach, FL 33139 | For Sale

$262,500
Price has decreased by $17,500

Property Highlights

Listing ID A11502146 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 435 Sqft/40.41 m2 approx. Building Area 435 Sqft/40.41 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 on Rebonus 275 Day(s)
11 Photos of this Property

1400 Pennsylvania Ave 51, Miami Beach, FL 33139

Property Description: Location, Location, Location! Center of South Beach! Discover the allure of Miami Beach living just four blocks from Ocean Drive, offering a walking distance to the sun-kissed beaches and vibrant energy. Nestled near Flamingo Park and Lincoln Road, this residence combines urban convenience with coastal charm. Embrace the essence of city life, with fine dining, cultural experiences, and the beach at your fingertips. Your ideal Miami Beach lifestyle starts here. Building is poised to undergo restoration for the 60-year recertification. Enclosed car and motorcycle parking included (unassigned). Building has partial reserves funded.

Useful Info

Previous Asking Price:$262,000
Original List Price:$280,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Entry Level (floor):4
Entry Level Location:4
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:4

Property Features

View from the Property:
  • Other
Waterfront:No
Waterfront Features:
  • No Fixed Bridges
Security:
  • Smoke Detector(s)
  • Complex Fenced
  • Secured Garage/parking
Furnished:
  • Unfurnished
Appliances:
  • Refrigerator
  • Built-in Oven
  • Electric Range
Interior Features:
  • First Floor Entry
  • Other
  • Elevator
  • Second Floor Entry
  • Third Floor Entry
  • Convertible Bedroom
  • Tub Shower
Exterior Features:
  • Fence
  • Storm/security Shutters
  • Courtyard
Window Features:
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Ceiling Fan(s)
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Other
  • Wall Furnace
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$973

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:2022
Association Fee:$340
Association Fee Frequency:
  • Monthly
Association Fee 2nd HOA Frequency:
  • Monthly
Association Fee 3rd HOA Frequency:
  • Monthly
Membership Fee:$150
Property Tax Status:Tax Reflects Homestead Tax

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Bike Storage
  • Clubhouse
  • Laundry
  • Elevator(s)
  • Trail(s)
Subdivision Name:TERRACE EAST CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Pest Control
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Parking
  • Reserve Fund
  • Internet
  • Hot Water
  • Laundry
Complex Name:Terrace East Condo
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Carport Spaces:1
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Garage Door Opener
  • Attached
  • Underground
Carport:Yes

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Wadsworth Elementary
High School:Miami Beach
Middle Or Junior School:Feinberg-fisher K8

Utilities

Electric:
  • Fuses
Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: Unverified
Unit Design: Exterior Cat Walk
Type of Association: Condo
Minimum Number of Days for Lease: 2
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects Homestead Tax
Number of times allowed to lease per year: 180
Flood Zone : AE
Homeowner's Association Application Fee: 150
Rooms Description: No Additional Rooms
Style: Condo 1-4 Stories
Number of Ceiling Fans: 1
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 8
Water Access Description:Other

Zoning and Legal

Tax Legal Description:TERRACE EAST CONDO APT 51 FOURTH FLOOR UNDIV 1.44% INT IN COMMON ELEMENTS CLERKS FILES 64R52999 & 64R64979 & 64R88557 OR 19556-4995 0301 1 C
Real Estate Folio Number (Parcel Number):02-42-04-008-0500
Public Survey Township:2
Public Survey Range:42
Public Survey Section:4

Listing History

Update/EventDate/Days
Published Date:December 19, 2023 1:26 pm
On Market Date:December 19, 2023
Price Change Date Time:May 20, 2024 9:26 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:May 20, 2024 9:26 am
Status Last Changed:December 19, 2023 1:26 pm
Photos Last Modified:February 5, 2024 9:33 pm
Last Modified:May 29, 2024 1:40 pm
Days on the Market Reference Date:May 29, 2024
Days on the Market (updated on Last Modified*):162
Cumulative Days on the Market (updated on Last Modified**):162

Additional Information

Unit Location:Exterior Cat Walk
Number of Photos Count:11
Area:42
Ref ID:1052860406
Courtesy of:Douglas Elliman
Universal Property Id:US-12025-N-0242040080500-R-N

Location

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

Neighborhood

Postal City:Miami Beach

Property Map

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