Closed

Terrace East, 1400 Pennsylvania Ave #6, Miami Beach, FL 33139

StudioBeds
1Baths
435SqFt

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Details

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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: 502 Days
Updated: 375 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

    Price History

    07/26/2024

    Date

    Sold

    Event

    $130K

    Price

    0%

    Change Rate

    $299 ft2 / $3,217 m2

    Price Per

    06/04/2024

    Date

    Price Reduced

    Event

    $130K

    Price

    -13.33%

    Change Rate

    $299 ft2 / $3,217 m2

    Price Per

    05/22/2024

    Date

    Price Reduced

    Event

    $150K

    Price

    -16.62%

    Change Rate

    $345 ft2 / $3,712 m2

    Price Per

    05/07/2024

    Date

    Price Reduced

    Event

    $179.9K

    Price

    -10.01%

    Change Rate

    $414 ft2 / $4,452 m2

    Price Per

    03/27/2024

    Date

    Listed

    Event

    $199.9K

    Price

    $460 ft2 / $4,946 m2

    Price Per

    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 .

    Instant Comps

    $100/ft²
    $200/ft²
    $400/ft²
    $500/ft²

    Unit #6 – Asking

    $299/ft²

    (-17%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $362/ft²
    Community $/Price Range (Closed) $292/ft² – $368/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 241/0435$349WestOther$152,0004/24/2025
    # 351/0435$368EastOther$160,0004/11/2025
    # 161/0435$368EastOther$160,0004/11/2025
    # 51/0435$356EastOther$155,0009/10/2024
    # 331/0435$368EastGarden$160,00010/18/2023
    Unit: # 24
    Bed/Bath: 1/0Size SqFt: 435$/SqFt: $349Exposure: WestView: OtherSold: $152,000Closed Date: 4/24/2025
    Unit: # 35
    Bed/Bath: 1/0Size SqFt: 435$/SqFt: $368Exposure: EastView: OtherSold: $160,000Closed Date: 4/11/2025
    Unit: # 16
    Bed/Bath: 1/0Size SqFt: 435$/SqFt: $368Exposure: EastView: OtherSold: $160,000Closed Date: 4/11/2025
    Unit: # 5
    Bed/Bath: 1/0Size SqFt: 435$/SqFt: $356Exposure: EastView: OtherSold: $155,000Closed Date: 9/10/2024
    Unit: # 33
    Bed/Bath: 1/0Size SqFt: 435$/SqFt: $368Exposure: EastView: GardenSold: $160,000Closed Date: 10/18/2023
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