The Francis, 1001 7th St #203

$249K11.6%
$220,000
Studio
Beds
1
Baths
430
SqFt
Status
Sold - Oct 11, 2024
Parking
1
Size
430 SqFt (40 m2)
Price
$512/SqFt ($5,507/m2)
Type
Condo
Built
1938
HOA
$378/MO
MLS Number
A11629666
View
None
On Site
778 Days
Updated
18 Days ago
Page Views
0
This cozy junior one-bedroom/studio offers comfortable living with charming wood flooring throughout. The kitchen includes a small dining area, creating a distinct space separate from the main living area with a walk-in closet. The unit comes with one ASSIGNED parking space, a rare find in South Beach. Located just steps from the beach and Flamingo Park and its tennis courts, you'll also be within easy reach of Miami Beach's most reputed restaurants. For added comfort, the unit features central air conditioning. There is on-site laundry and a small shared patio area. Currently vacant, it’s perfect for an investor seeking high-yield rental revenue (6 to 7.5%) with one of the lowest HOA fees in Miami Beach, or as a cute pied-à-terre steps from the ocean

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: None
  • View: None
Interior, Heating and Cooling
  • Interior Features: SecondFloorEntry
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Other, Refrigerator
  • Heating Description: None
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood, Parquet, Wood
  • Year Built: 1938
  • Year Built Description: Effective Year Built
  • Style: None
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: South Pointe
  • Middle School: Nautilus
Other Property Info
  • Garage: 1
  • Listing Date: 2024-07-29T11:53:58.000-00:00
  • Directions: West
  • Pets Allowed: No,Yes
Taxes, Fees & More
  • Maintenance Includes: CommonAreas, Laundry, MaintenanceGrounds, MaintenanceStructure
  • Taxes: 2866
  • Security Information: FireAlarm, SmokeDetectors
  • Parking Description: Assigned,OneSpace
  • Total Floors in Building: 2

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Price History

Current
$220K
High
$249K
Low
$220K
Total Change
-11.6%
$252K$235K$217KJul 24Aug 24Oct 24
Date
Event
Price
Change
Price Per
10/11/2024
Sold
$220K
-3.93%
$512 ft2
$5,507 m2
08/26/2024
Price Reduced
$229K
-8.03%
$533 ft2
$5,732 m2
07/24/2024
Listed
$249K
 
$579 ft2
$6,233 m2
10/11/2024
$220K
Event
Sold
Change
-3.93%
Price Per
$512 ft2
$5,507 m2
08/26/2024
$229K
Event
Price Reduced
Change
-8.03%
Price Per
$533 ft2
$5,732 m2
07/24/2024
$249K
Event
Listed
Price Per
$579 ft2
$6,233 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael GuayAlure Capital • Buyer Agency Compensation .

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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
95

100
Transit Score®
Good Transit. Many nearby public transportation options
50

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
81

100
Community Snapshot
420 - 740
SqFt Range
1938
Year Build
2
Total Floors

Subdivision Amenities

Laundry
None

Miami Beach
Mid-Tier
Mid-Tier Homes & Condos