Terrace East, 1400 Pennsylvania Ave #6

$200K35%
$130,000
Studio
Beds
1
Baths
435
SqFt
Status
Sold - Jul 26, 2024
Parking
1
Size
435 SqFt (40 m2)
Price
$299/SqFt ($3,217/m2)
Type
Condo
Built
1965
HOA
$445/MO
MLS Number
A11557654
View
Garden
On Site
902 Days
Updated
99 Days ago
Page Views
0
Exceptional investment potential awaits in this prime location mere blocks away from Ocean Drive, Flamingo Park, Lincoln Road, and Española Way. This unit includes a coveted gated and covered parking space. Noteworthy discussions are underway regarding a special assessment for the forthcoming 60-year recertification in 2025, while the building maintains partial reserves, presenting a compelling proposition to investors.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Patio
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: SecondFloorEntry, SittingAreaInPrimary, Elevator
  • Equipment / Appliances: ElectricRange, Refrigerator
  • Heating Description: None
  • Cooling Description: WallWindowUnits
Building and Construction
  • Floor Description: Tile
  • Year Built: 1965
  • Year Built Description: Effective Year Built
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-03-27T14:22:52.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: 2688
    • Security Information: ComplexFenced, Intercom
    • Parking Description: Covered,OneSpace
    • Total Floors in Building: 4

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    Price History

    Current
    $130K
    High
    $200K
    Low
    $130K
    Total Change
    -35%
    $208K$165K$122KMar 24May 24May 24Jun 24Jul 24
    Date
    Event
    Price
    Change
    Price Per
    07/26/2024
    Sold
    $130K
    0%
    $299 ft2
    $3,217 m2
    06/04/2024
    Price Reduced
    $130K
    -13.33%
    $299 ft2
    $3,217 m2
    05/22/2024
    Price Reduced
    $150K
    -16.62%
    $345 ft2
    $3,712 m2
    05/07/2024
    Price Reduced
    $180K
    -10.01%
    $414 ft2
    $4,452 m2
    03/27/2024
    Listed
    $200K
     
    $460 ft2
    $4,946 m2
    07/26/2024
    $130K
    Event
    Sold
    Change
    0%
    Price Per
    $299 ft2
    $3,217 m2
    06/04/2024
    $130K
    Event
    Price Reduced
    Change
    -13.33%
    Price Per
    $299 ft2
    $3,217 m2
    05/22/2024
    $150K
    Event
    Price Reduced
    Change
    -16.62%
    Price Per
    $345 ft2
    $3,712 m2
    05/07/2024
    $180K
    Event
    Price Reduced
    Change
    -10.01%
    Price Per
    $414 ft2
    $4,452 m2
    03/27/2024
    $200K
    Event
    Listed
    Price Per
    $460 ft2
    $4,946 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Olga PerezBHHS EWM Realty • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    98

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    57

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    77

    100
    Sound Score®
    Bearable noise
    77

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    28

    100
    Local Score
    Limited local amenities nearby
    3

    100
    Community Snapshot
    1 – 1 BR
    Bedrooms
    $365K – $365K
    Price Tier
    435 - 650
    SqFt Range
    1965
    Year Build
    4
    Total Floors

    Subdivision Amenities

    Bike Storage
    Clubhouse
    Elevators
    Hobby Room
    Laundry
    None
    Trash

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos