NOT LISTED FOR SALE

1250 Ocean Dr Unit 4F Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $635,276 - $991,000

1 Bed
1.5 Baths
1,065 Sq Ft
$1,067/mo HOA Fee

Last Sold November 29, 2012

Last sale price $400,355 $376 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,263/month

365 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Wet Bar
  • Main Floor Bedroom
  • Built-In Features
  • 4-minute walk to Lummus Park

About This Home

As of November 2012

Opulent Deco Jewel on world famous Ocean Drive! Direct ocean views from this exquisite condo! Posh furnishings, miele appliances, large bath with whirlpool tub and separate shower, washer/drye,plus more! Great investment as it can pay for itself and y ou can enjoy as well! Chic restaurant onsite. Short sale opportunity.

Last Agent to Sell the Property

Salvador Caballero

Beachfront Realty Inc License #3008616 Listed on: 06/12/2011

Beachfront Realty Inc

Last Buyer's Agent

Ted Rover

Bespoke Realty Group Miami, LLC License #3033157

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,067 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Garden Apartment

Interior Spaces

  • 1,065 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • Terrazzo Flooring
  • Ocean Views
  • Video Cameras

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Parking

  • On-Street Parking
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-190-0170

Community Details

Overview

  • 19 Units
  • The Carlyle Deco Hotel Condos
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Secure Lobby
  • Elevator

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,454

Year Built

Built in 1941 | Remodeled

Lot Details

0

HOA Fees

$1,067 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Elevator, Wet Bar
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Terrazzo
  • Furnished: Furnished
  • Living Area: 1065
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Ocean View
  • Exterior Features: Courtyard, None
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Carlyle Deco Hotel
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Card Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1067
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-190-0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1067
  • Number Of Units In Community: 19
  • Number Of Units Total: 19

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2013
Sold by
Cestaro Charles
Bought by
Cestaro Family Llc
Current Estimated Value
$816,163

Purchase Details

Listed on
Jun 12, 2011
Closed on
Nov 20, 2012
Sold by
Harrold James A
Bought by
Cestaro Charles
Seller's Agent
Salvador Caballero
Beachfront Realty Inc
Buyer's Agent
Ted Rover
Bespoke Realty Group Miami, LLC
List Price
$469,000
Sold Price
$400,355
Premium/Discount to List
-$68,645
-14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Nov 2, 2006
Sold by
Carlyle Beach Associates Llc
Bought by
Harrold James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.31%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Cestaro Family Llc -- Attorney
Cestaro Charles $400,355 Roberto & Associates Title A
Harrold James A $1,224,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harrold James A $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2012 11/29/12 Sold $400,355 -14.6% $376 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
06/12/2011 06/12/11 For Sale $469,000 -- $440 / 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 $8,989 $505,846 -- --
2024 $8,533 $459,860 -- --
2023 $8,533 $418,055 $0 $0
2022 $7,338 $380,050 $0 $0
2021 $6,671 $345,500 $0 $0
2020 $6,457 $345,500 $0 $0
2019 $6,101 $345,500 $0 $0
2018 $0 $269,898 $0 $0
2017 $6,763 $355,129 $0 $0
2016 $7,279 $367,901 $0 $0
2015 $7,019 $334,456 $0 $0
2014 $6,684 $304,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Salvador Caballero

    Seller's Agent in 2012

    Salvador Caballero

    Beachfront Realty Inc

    (786) 423-7623

    50 Total Sales

    Section Image
  • Ted Rover

    Buyer's Agent in 2012

    Ted Rover

    Bespoke Realty Group Miami, LLC

    (305) 467-6402

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1515730

MIAMI REALTORS® MLS

APN: 02-3234-190-0170

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1250 Ocean Dr Unit 4F, Miami Beach, FL

This home is located at 1250 Ocean Dr Unit 4F, Miami Beach, FL 33139 since 12 June 2011 and is currently estimated at $813,319, approximately $763 per square foot. This property was built in 1941. 1250 Ocean Dr Unit 4F 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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