Home » Miami Beach » Twin Towers at 1620 West Ave Miami Beach » 1620 West Ave 502, Miami Beach, FL 33139 | A11506778

For Sale 1620 West Ave 502, Miami Beach, FL 33139

$225,000
closed for a price of $213,000

Property Highlights

Listing ID A11506778 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 667 Sqft/61.97 m2 approx. Building Area 667 Sqft/61.97 m2 approx. COMMUNITY POOL Year Built 1965 Lease Term Minimum Duration: 365 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 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 45 Days
13 Photos of this Property

1620 West Ave 502, Miami Beach, FL 33139

Property Description: South Beach Condo 1 Bedroom / 1 Bath Updated kitchen cabinets/granite counters/ SS appliances/ bathroom vanity/Central air/1 parking space/secured building/ 1 block from Lincoln Road & Bay/South beach free trolley stop in front of bldg./Building has pool/bike storage/elevator/laundry facilities on site. Seller will pay Special Assessment at Closing. Parking space assigned by association and is based on availability and waiting list. Maintenance temporary increased due to insurance charges currently $910 for a year, Priced below Market Needs TLC. INVESTORS ONLY; TENANT OCCUPIED 24HR NOTICE, RENTED FOR $2,000 UNITL FEB 1, 2025 - No Lease 1st Year Owned.

Useful Info

Contingency:No Contingencies
Original List Price:$225,000
Close Price:$213,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Twin Towers at 1620 West Ave Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction Details

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Levels:One
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:6
Stories:1

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Complex Fenced
  • Phone Entry
  • Intercom
Appliances:
  • Refrigerator
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Living/dining Room
  • Bedroom On Main Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Jalousie
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Property Taxes and Expenses

Tax Annual Amount:$3,373

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:$910
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community Info

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
Subdivision Name:TWIN TOWERS CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Amenities
Complex Name:TWIN TOWERS CONDO
Senior Community:No
Restrictions: Limited Number of Vehicles, No Lease 1st Year Owned, No Recreational Vehicles RV, No Truck

Property Parking Details

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Assigned

Utilities

Electric:
  • Fuses
Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: No HOPA
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
PACE (Property Assessed Clean Energy) program: 0
Subdivision Number: 26
Buy State: Florida
Buyer Country of Residence: USA
Tax Legal Description:TWIN TOWERS CONDOMINIUM #502 FIFTH FLOOR NORTH BLDG UNDIV 1/60TH INT IN COMMON ELEMENTS CLERKS FILE 65R-110251 OR 14803-1051 1090 1 COC 2544
Real Estate Folio Number (Parcel Number):02-32-33-026-0200
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:January 2, 2024 2:48 pm
On Market Date:January 1, 2024
Close Date:February 16, 2024
Price Change Date Time:January 1, 2024 4:12 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:February 21, 2024 10:24 am
Status Last Changed:February 21, 2024 10:24 am
Photos Last Modified:January 2, 2024 8:10 pm
Last Modified:February 21, 2024 3:25 pm
Days on the Market Reference Date:February 21, 2024
Days on the Market (updated on Last Modified*):38
Cumulative Days on the Market (updated on Last Modified**):204

Additional Information

Unit Location:High Rise
Number of Photos Count:13
Area:32
Ref ID:1054043807
Automated Valuation Display:Yes
Courtesy of:New Capital Realty
Universal Property Id:US-12025-N-0232330260200-R-N

Property Location Details

Show Property Address:Yes
Street Name:West Ave
Street Number:1620
Street Address:1620 West Ave 502
Unit Number:502
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1620 West Ave 502, Miami Beach, FL 33139
Latitude:N25° 47' 22.7''
Longitude:W81° 51' 26''

Neighborhood

Postal City:Miami Beach
City Region:South Beach

Property Map

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