NOT LISTED FOR SALE

1052 Ocean Dr Unit C403 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $380,000 - $479,000

1 Bed
1 Bath
474 Sq Ft
$1,168/ mo HOA Fee

Last Sold December 15, 2022

Last sale price $370,000 $781 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,845/month

6 Days on Market

Highlights

  • Doorman
  • Main Floor Bedroom
  • Community Pool
  • Ocean Front
  • Furnished
  • 2-minute walk to Lummus Park

About This Home

As of December 2022

THIS IS NOT A SHORT SALE OR FORECLOSURE! LUXURIOUS TURN-KEY CONDO/HOTEL. TOP OF THE LINE FURNITURE AND FURNISHINGS. LIVE ON THE FAMOUS OCEAN DRIVE MAJOR RENTAL INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Joel Philippe

Florida Capital Realty License #3535903 Listed on: 11/10/2022

Florida Capital Realty

Last Buyer's Agent

Joel Philippe

Florida Capital Realty License #3535903 Listed on: 11/10/2022

Florida Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $1,168 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 474 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Handicap Modified

Outdoor Features

  • Property has ocean access
  • Patio

Schools

  • South Pointe Elementary School
  • Feinberg-Fisher K8 Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0580

Community Details

Overview

  • The Strand Condos
  • The Strand On Ocean Drive Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,064

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$1,168 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • 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

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry, Elevator, Fire Sprinklers, Handicap Accessible, Handicap Equipped
  • Accessibility Features: Handicap Accessible, Handicap Equipped
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Concrete, Other
  • Furnished: Furnished
  • Living Area: 474
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, None

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Strand
  • Parking Features: None, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1168
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Feinberg-Fisher K8

Lot Info

  • Parcel Number: 02-42-03-302-0580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 14, 2022
Sold by
Luke Paul Clifford
Bought by
T Golden Trust and Janet Honaker Trust
Seller's Agent
Joel Philippe
Florida Capital Realty
Buyer's Agent
Joel Philippe
Florida Capital Realty
List Price
$370,000
Sold Price
$370,000
Views
4
Current Estimated Value
$417,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,028
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Nov 17, 2010
Sold by
Warye Russell
Bought by
Luke Paul

Purchase Details

Closed on
Nov 4, 2005
Sold by
Ocean Blvd Llc
Bought by
Warye Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,920
Interest Rate
6.5%
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
T Golden Trust $370,000 None Listed On Document
Luke Paul $350,000 Star Title Solutions Inc
Warye Russell $479,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warye Russell $383,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $370,000 0.0% $781 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $370,000 -- $781 / 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 $5,389 $312,840 -- --
2024 $5,410 $286,770 -- --
2023 $5,410 $286,296 $0 $0
2022 $5,175 $275,403 $0 $0
2021 $5,064 $262,288 $0 $0
2020 $4,836 $249,798 $0 $0
2019 $4,841 $249,798 $0 $0
2018 $5,000 $265,914 $0 $0
2017 $5,064 $265,914 $0 $0
2016 $6,077 $312,840 $0 $0
2015 $5,880 $286,770 $0 $0
2014 $5,297 $260,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joel Philippe

    Florida Capital Realty

    (888) 883-8509

    2 in this area

    3 Total Sales

    Joel Philippe
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11301197

MIAMI REALTORS® MLS

APN: 02-4203-302-0580

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1052 Ocean Dr Unit C403, Miami Beach, FL

Not Listed for Sale

Condos

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