NOT LISTED FOR SALE

Estimated Value: $1,305,000 - $2,073,517

3 Beds
2.5 Baths
2,374 Sq Ft
$1,614/mo HOA Fee

Last Sold April 10, 2017

Last sale price $2,075,000 $874 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $13,615/month

90 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Two Primary Bathrooms
  • Private Dock
  • Newly Remodeled
  • Clubhouse

About This Home

As of April 2017

DRAMATIC PRICE REDUCTION! Stunning oceanfront condo! This turnkey 3 bed, 2.5 bath condo offers direct, unobstructed ocean views! Situation on the desired S/E corner and exquisitely finished with porcelain flooring, Calcatta island inlay, built-in full size wine fridge, espresso station and mini bar, master spa, semi private elevator, personal Tesla charging station & oversized terrace. Pet friendly and storage locker included. Priced below appraised value!

Last Agent to Sell the Property

Rachelle Hirt-Beresh

Compass Florida, LLC License #3210613 Listed on: 12/13/2016

Compass Florida, LLC

Last Buyer's Agent

Rachelle Hirt-Beresh

Compass Florida, LLC License #3210613 Listed on: 12/13/2016

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1.92

HOA Fees

  • $1,614 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Interior Spaces

  • 2,374 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Storage Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Boat Lock
  • Private Dock

Additional Features

  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484308AE0120

Community Details

Overview

  • 18 Units
  • 1200 The Ocean Condos
  • 1200 The Ocean Subdivision

Amenities

  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Phone Entry
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,148

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$1,614 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: FLLb802479
  • Co List Office Phone: 561-245-2635
  • Directions: A1A until you get to 1200 The Ocean. Located on the ocean, east side of the street. Take elevator to second floor. Unit 1206.
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlock,Community Boat Dock,Private Dock
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1200 The Ocean
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2374
  • Possible Use: Primary
  • Stories: 2
  • Window Features: High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Family/Dining Combination, Formal Dining
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 1200 The Ocean
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Complex Fenced, Phone Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1614
  • Amenities: Boat Dock, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Storage, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484308AE0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 1614
  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2016
Closed on
Apr 10, 2017
Sold by
Martin Timothy J
Bought by
Fanger Jacki Lyn and Jacki Lyn Fanger Revocable Living Trust
Seller's Agent
Rachelle Hirt-Beresh
Compass Florida, LLC
Buyer's Agent
Rachelle Hirt-Beresh
Compass Florida, LLC
List Price
$2,349,999
Sold Price
$2,075,000
Premium/Discount to List
-$274,999
-11.7%
Current Estimated Value
$1,697,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$377,828
Avg. Annual Appreciation
-2.38%
Original Mortgage
$1,452,500
Outstanding Balance
$1,214,410
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$482,762

Purchase Details

Closed on
Feb 5, 2016
Sold by
1200 Hillsboro Mile Llc
Bought by
Martin Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Fanger Jacki Lyn $2,075,000 Clear Title Group Llc
Martin Timothy J $2,350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanger Jacki Lyn $510,400
Open Fanger Jacki Lyn $1,452,500
Previous Owner Martin Timothy J $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $2,075,000 -1.2% $874 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/04/2017 03/04/17 Price Changed $2,100,000 -10.6% $885 / Sq Ft
12/13/2016 12/13/16 For Sale $2,349,999 -- $990 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $33,052 $1,955,840 -- --
2024 $32,530 $1,900,720 -- --
2023 $32,530 $1,845,360 $0 $0
2022 $31,019 $1,791,620 $179,160 $1,612,460
2021 $32,175 $1,851,880 $185,190 $1,666,690
2020 $34,690 $1,999,890 $199,990 $1,799,900
2019 $35,732 $1,993,790 $199,380 $1,794,410
2018 $32,443 $1,838,420 $183,840 $1,654,580
2017 $37,236 $2,115,000 $0 $0
2016 $2,176 $91,140 $0 $0
2015 $2,148 $82,860 $0 $0
2014 $2,088 $75,330 $0 $0
2013 -- $68,490 $68,490 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10192129

MIAMI REALTORS® MLS

APN: 48-43-08-AE-0120