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505 74th St APT 6B, Miami Beach, FL, 33141

1beds
1baths
792sqft
$249,000
$314price/sqft
$1,820/moest. monthly cost
$72,800/yrincome needed

About This Home

Located in the heart of North Beach, this beautifully maintained and oversized 1-bedroom, 1-bath residence offers the perfect blend of charm, location, and investment potential. Situated on the second floor of a classic Art Deco building, the unit features the rare convenience of an in-unit washer and dryer, a highly desirable upgrade in this area. Just two blocks from the beach and steps from Collins Avenue, you are surrounded by top restaurants, cafés, and everyday essentials including Publix. This prime location continues to gain attention, highlighted by recent activity on the same street. The unit is currently vacant and move-in ready, offering flexibility for both end users and investors. Its spacious layout and unbeatable location ensure strong rental demand year-round. Additionally, the building offers low monthly maintenance fees, further enhancing its appeal. A rare opportunity to own a piece of Miami Beach in one of its most vibrant and evolving neighborhoods.

Getting Around

92
WalkingWalker's Paradise
49
TransitSome Transit
81
BikeVery Bikeable

Schools

7/10
5/10
Nautilus Middle SchoolGrades 6-83.2 mi
4/10

Construction

Condition

  • Year built: 1952

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Microwave,Electric Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Wood
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric,Wall/Window Unit(s)

Interior Area

  • Total structure area: 792
  • Total interior livable area: 792 sqft

Property

Details

  • Parcel number: 0232021150120
  • Lease amount: 0

Features

  • Entry location: Second Floor Entry
  • Exterior features: Balcony
  • Has view: Yes
  • View description: None

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Detached,Open,Other,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,259$15,108
Home Insurance *$196$2,352
Property Taxes $168$2,016
Electricity $197$2,366
Total$1,820$21,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,400/yr
40% on housing$54,600/yr
45% on housing$48,533/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$314This listing

vs Other Active Listings

Avg $/sqft

ZIP 33141$983
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33141$1,311
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$299,000
2019-11-15Listing removed$219,000
2019-11-13Listed for sale$219,000
2019-11-13Listing removed$1,300
2019-10-07Price change$1,300
2019-09-30Listed for rent$1,350
2019-09-30Listing removed$219,000
2019-05-01Price change$219,000
2019-01-03Listing removed$1,299
2018-11-19Price change$1,299
2018-10-02Listed for rent$1,399
2018-03-26Listed for sale$259,000
2015-06-06Listing removed$1,299
2015-06-04Listed for rent$1,299
2014-10-04Listing removed$1,299
2014-09-29Listed for rent$1,299
2014-09-16Sold$155,000
2014-07-22Listed for sale$169,000

For Sale by Agent

AgentMiriam Poggio
BrokerageOne Sotheby's International Realty

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