NOT LISTED FOR SALE

1250 Ocean Dr Unit 4-A Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $1,388,000 - $2,168,000

3 Beds
3 Baths
2,007 Sq Ft
$2,480/mo HOA Fee

Last Sold August 25, 2015

Last sale price $1,112,500 $554 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $14,473/month

203 Days on Market

Highlights

  • Valet Parking
  • Wood Flooring
  • Built-In Features
  • Ocean Front
  • Furnished
  • 4-minute walk to Lummus Park

About This Home

As of August 2015

Priced to sell now. At $593.00 psf, least expensive 3/3 on Ocean Drive. Repairs to this side of building are done and unit is being rented again, generating excellent income. Most famous, strongest historical building on the strip. Fully furnished, includ ing all electronics & all kitchen, bedrooms & bathrooms wares, ready to lease/move in on your first day of ownership. High rate or return. Brand new high impact windows. 45 ft of beach & ocean front. Live or rent on one America's most historical street.

Last Agent to Sell the Property

Albert Niels

One Sotheby's Int'l Realty License #0496568 Listed on: 01/08/2015

One Sotheby's Int'l Realty

Last Buyer's Agent

Nelson Fernandez

Nelson Realty Services, Inc. License #0589239

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,684

Year Built

  • Built in 1941

HOA Fees

  • $2,480 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,007 Sq Ft Home
  • Furnished
  • Built-In Features
  • Direct Ocean Views
  • Video Cameras
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-190-0120

Community Details

Overview

  • The Carlyle Condos
  • 5-Story Property

Amenities

  • Valet Parking
  • Elevator

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Service
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,684

Year Built

Built in 1941

Lot Details

0

HOA Fees

$2,480 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: CORNER OF OCEAN DRIVE AND 13TH STREET
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Split Bedroom
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Other, Wood
  • Furnished: Furnished
  • Living Area: 2007
  • Possible Use: Secondary
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Direct Ocean
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction, Pre-Cast Concrete Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE CARLYLE
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 2480
  • Amenities: Elevator(s), Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-190-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 2480

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 16684

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Carlyle South Beach Llc
Bought by
Ocean Drive Carlyle Ii Llc
Current Estimated Value
$1,860,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 2016
Sold by
Horcasitas Carlos and Horcasitas May May
Bought by
Carlyle South Beach Llc

Purchase Details

Listed on
Oct 22, 2012
Closed on
Mar 1, 2013
Sold by
Vahman Ashkan
Bought by
Aquila & Lacerta Llc
Seller's Agent
Kayce Driscoll
Douglas Elliman
Buyer's Agent
Albert Niels
One Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,135,000
Premium/Discount to List
-$115,000
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$738,400
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 24, 2012
Sold by
Ch Miami I Llc
Bought by
Vahman Ashkan

Purchase Details

Closed on
Dec 5, 2006
Sold by
Carlyle Beach Associates Llc
Bought by
Ch Miami I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
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
Ocean Drive Carlyle Ii Llc $1,200,000 Security & Guaranty Title
Carlyle South Beach Llc -- Attorney
Aquila & Lacerta Llc $1,136,000 Attorney
Vahman Ashkan $805,000 Union Title Services Inc
Ch Miami I Llc $2,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ocean Drive Carlyle Ii Llc $500,000
Previous Owner Aquila & Lacerta Llc $738,400
Previous Owner Ch Miami I Llc $35,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $1,112,500 -6.5% $554 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/27/2015 07/27/15 Price Changed $1,190,000 -14.4% $593 / Sq Ft
06/15/2015 06/15/15 Price Changed $1,390,000 -17.8% $693 / Sq Ft
06/01/2015 06/01/15 Price Changed $1,690,000 +21.1% $842 / Sq Ft
03/20/2015 03/20/15 Price Changed $1,395,000 -21.2% $695 / Sq Ft
02/18/2015 02/18/15 Price Changed $1,770,000 -1.7% $882 / Sq Ft
01/07/2015 01/07/15 For Sale $1,800,000 +58.6% $897 / Sq Ft
03/26/2013 03/26/13 Sold $1,135,000 -9.2% $566 / Sq Ft
10/22/2012 10/22/12 For Sale $1,250,000 -- $623 / 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 $22,263 $1,212,750 -- --
2024 $20,706 $1,169,549 -- --
2023 $20,706 $1,063,227 $0 $0
2022 $18,711 $966,570 $0 $0
2021 $16,966 $878,700 $0 $0
2020 $17,011 $878,700 $0 $0
2019 $17,240 $976,300 $0 $0
2018 $14,343 $762,751 $0 $0
2017 $19,112 $1,003,620 $0 $0
2016 $19,495 $1,003,620 $0 $0
2015 $18,249 $869,590 $0 $0
2014 $17,380 $790,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Niels

    Seller's Agent in 2015

    Albert Niels

    One Sotheby's Int'l Realty

    (954) 918-9975

    24 Total Sales

    Section Image
  • Nelson Fernandez

    Buyer's Agent in 2015

    Nelson Fernandez

    Nelson Realty Services, Inc.

    (305) 298-3622

    71 Total Sales

    Section Image
  • Kayce Driscoll

    Seller's Agent in 2013

    Kayce Driscoll

    Douglas Elliman

    (305) 401-6100

    52 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2053980

MIAMI REALTORS® MLS

APN: 02-3234-190-0120

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1250 Ocean Dr Unit 4-A, Miami Beach, FL

This home is located at 1250 Ocean Dr Unit 4-A, Miami Beach, FL 33139 since 08 January 2015 and is currently estimated at $1,917,020, approximately $955 per square foot. This property was built in 1941. 1250 Ocean Dr Unit 4-A is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

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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