NOT LISTED FOR SALE

1036 Ocean Dr Unit 306 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $320,000 - $352,375

1 Bed
1 Bath
413 Sq Ft
1936 Built

Sale Details

Date Sold: June 4, 2019

Last sale price $270,000 $654 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,100 / mo

46 Days on Market

Highlights

  • Ocean Front
  • High Impact Door
  • Central Air
  • Furnished
  • Views
  • 2-minute walk to Lummus Park

About This Home

As of June 2019

REAL 1 BEDROOM/1 FULL BATH....Ocean front Condo-Hotel. Daily rentals allowed, rent DAYLY on airbnb with no rental restrictions OR with the HOTEL PROGRAM- 80/ 20 SPLIT >>> FULLY Furnished-- REAL 1 bedroom /1 FULL BATH unit in the center of Ocean Drive. Across the street from the beach. Spectacular rooftop pool and bar.

Last Agent to Sell the Property

Victoria Nemchinova

Beachfront Realty Inc License #3174498 Listed on: 03/18/2019

Beachfront Realty Inc

Last Buyer's Agent

Daniel Tamir

Tamirson Really, LLC License #3106794

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1936

HOA Fees

  • $900 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 413 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Carpet
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0410

Community Details

Overview

  • 87 Units
  • The Strand Condos
  • The Strand On Ocean Drive Subdivision

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Secure Elevator
  • High Impact Door

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,228

Year Built

Built in 1936

Lot Details

0 Sq Ft Lot

HOA Fees

$900 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Carpet
  • Furnished: Furnished
  • Living Area: 413
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE STRAND
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 900
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-302-0410
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4228

Multi Family

  • Maintenance Expense: 900
  • Number Of Units In Community: 87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 24, 2019
Sold by
Luke Paul and Luke Paul Clifford
Bought by
Strand B306 Llc
Seller's Agent
Victoria Nemchinova
Beachfront Realty Inc
Buyer's Agent
Daniel Tamir
Tamirson Really, LLC
List Price
$399
Sold Price
$270,000
Premium/Discount to List
$269,601
67569.17%
Current Estimated Value
$339,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,792
Avg. Annual Appreciation
3.38%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Collins Larry and Perry Brandon
Bought by
Luke Paul

Purchase Details

Closed on
Sep 29, 2005
Sold by
Ocean Blvd Llc
Bought by
Collins Larry B and Perry Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Strand B306 Llc $250,000 Highpoint Title & Escrow Llc
Luke Paul $250,000 Attorney
Collins Larry B $289,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Larry B $231,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $270,000 -6.6% $654 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $289,000 -3.3% $700 / Sq Ft
03/18/2019 03/18/19 Price Changed $299,000 +74837.3% $724 / Sq Ft
03/18/2019 03/18/19 For Sale $399 -- $1 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,634 $263,195 -- --
2024 $4,396 $239,269 -- --
2023 $4,396 $217,518 $0 $0
2022 $3,716 $197,744 $0 $0
2021 $3,818 $197,744 $0 $0
2020 $4,254 $219,716 $0 $0
2019 $4,482 $231,280 $0 $0
2018 $4,228 $246,148 $0 $0
2017 $3,829 $193,582 $0 $0
2016 $3,869 $175,984 $0 $0
2015 $3,760 $159,986 $0 $0
2014 $3,442 $145,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Nemchinova

    Seller's Agent in 2019

    Victoria Nemchinova

    Beachfront Realty Inc

    (305) 450-0008

    1 in this area

    27 Total Sales

    Victoria Nemchinova
    Section Image
  • Daniel Tamir

    Buyer's Agent in 2019

    Daniel Tamir

    Tamirson Really, LLC

    (786) 200-3008

    3 Total Sales

    Daniel Tamir
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10640823

MIAMI REALTORS® MLS

APN: 02-4203-302-0410

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1036 Ocean Dr Unit 306, Miami Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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