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$585,000

Beds
1
Baths
2.0
sq ft
997

1025 Michigan Ave Unit 1B, Miami Beach, FL 33139

1025 Michigan Ave Unit 1B

Miami Beach, FL 33139

  • <1 day on market
Rarely available 2-story loft-style townhome at Villa Luca in the heart of South Beach! This chic residence combines the comfort and privacy of a home with the ease and convenience of a central location. Enjoy a private entrance with gated parking right outside your door. Inside, find modern interiors, soaring double-height ceilings, spacious bedroom with office nook, 2 full bathrooms, and kitchen boasting all new appliances, including a gas range, microwave, dishwasher, and wine fridge. For added convenience, the unit offers a full-sized washer/dryer, brand-new electrical panel, and a newer A/C system. Location, Location, Location! Less than 1 block away from Flamingo Park. Moments to beaches, top dining, and convenience stores.

Details

Property type

Townhouse

Est. home value

$525,292

Lot size

Unknown

Price per sq ft

$587

Year built

1940

Annual property taxes

$7,165

Monthly HOA fee

$630

Price History

03/18/2025
SEF

SEF #A11752824

Listed
$585,000
+56%
10/29/2021
SEF

SEF #A11095719

Sold
$375,000
-5.06%
10/01/2015
SEF

SEF #A2065185

Sold
$395,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Biscayne Mortgage Llc

Loan start date

October 2021

Original loan amount

$358,250

Est. remaining balance

$331,938

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Marcus Plumb

Lender

Biscayne Mortgage Llc

Loan start date

October 2021

Original loan amount

$358,250

Est. remaining balance

$331,938

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Marcus Plumb

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/18/2025 at 10:05 PM

Listing updated: 03/18/2025 at 9:05 PM

Listed by: Nancy Batchelor PA, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11752824

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