Condo conversion, completed in 2015, situated in an ideal location right next to Lincoln Road and just a few blocks away from the beach. It offers a great unit that can be used as a pied-à-terre, providing an excellent investment opportunity in the heart of South Beach. With its prime location, residents can enjoy easy access to the vibrant Lincoln Road, renowned for its shopping, dining and entertainment options. Additionally the proximity to the beach allows for convenient relaxation and enjoyment of the beautiful Miami coastline.
Property Details
Property Features
Property Information:
Year Built: 2015
Living Area: 431 SqFt
Listing Office:
Office Name: South Beach Estates, LLC
Office Email: maraboccolinire@gmail.com
Listing Agent: Mara Boccolini
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,881
Per Month
Principal & Interest
$1,273
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$541
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$831
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.32 miles
Public District Grades PK-5
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school1.08 miles
Public District Grades PK-5
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school1.80 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school1.81 miles
Public District Grades 6-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school4.37 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.45 miles
Public Magnet Grades PK-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school0.81 miles
Public District Grades 9-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school3.30 miles
Public Magnet Grades PK-12
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school3.35 miles
The neighbors living near this home have an average income of $31,414. Typical income of Miami Beach, FL residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1560 Meridian Ave Unit 104
What is the listing price of this property?
The listing price of 1560 Meridian Ave Unit 104 property is $255,000.
What type of property is this?
The property 1560 Meridian Ave Unit 104 is a condo located in Miami Beach, Florida, 33139.
Is this property for sale now?
Active Listing: 1560 Meridian Ave Unit 104 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1560 Meridian Ave Unit 104 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 1560 Meridian Ave Unit 104 is 431 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1560 Meridian Ave Unit 104 is 2015.
This home is located at 1560 Meridian Ave Unit 104 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 431 square foot home was built in 2015. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $255,000.
Over 6 listings were sold over their listed price in October 2024 in Miami Beach, FL. In the same period over 77 listings were sold below the listed price and 9 listings were sold for the listed price. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.