NOT LISTED FOR SALE

1330 Ocean Dr Unit R5B Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $1,276,000 - $1,540,000

1 Bed
1.5 Baths
1,180 Sq Ft
1936 Built

Last Sold December 15, 2017

Last sale price $651,000 $552 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $9,431/month

53 Days on Market

Highlights

  • Direct Ocean View
  • Balcony
  • Tile Flooring
  • Elevator
  • Patio
  • 5-minute walk to Lummus Park

About This Home

As of December 2017

Corporate Owned Condo located in the heart of South Beach On world famous Ocean Drive!!! The nightlife, restaurants, bars, and beach at your doorstep!. Unit features an open kitchen with stainless steel appliances and granite counter tops. Large master suite with access to balcony! Master bath with double sink & so much more!!!. Ready to sell to your owner occupant or investor. Sold As-Is where is, no warranties expressed or implied. See attachments for disclosures and other terms. Contact agent or auction vendor directly for info. $2000 buyer premium paid at closing. Commissions are paid off the SP minus the buyers premium. If occupied property, inspections not available - sold As-Is. no for sale sign. Contact with occupants is prohibited.

Last Agent to Sell the Property

Henry Benito

MMLS Assoc.-Inactive Member License #0662885 Listed on: 08/01/2017

Last Buyer's Agent

Gary Shear

Roy Owen Realty Assoc., Inc. License #0343775

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1936

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,180 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Direct Ocean Views
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-081-0490

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Netherland Of South Beach Condos
  • 9-Story Property

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Elevator
  • Maintenance Expense $1,147
  • Phone Entry

Property Details

Home Type

Condominium

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Directions: Bank of America employees, spouse or domestic partner, household members, business partners and insiders are prohibited from purchasing.
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • 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: 5184

Interior Features

  • Appliances: Dishwasher, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1180
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Netherland of South Beach
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Phone Entry, Other

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-081-0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 1147

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 17604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Idone Tiziana
Bought by
Idone Giulio
Current Estimated Value
$1,369,164

Purchase Details

Listed on
Aug 1, 2017
Closed on
Nov 27, 2017
Sold by
The Bank Of New York Mellon
Bought by
Idone Tiziana and Idone Giulio
Seller's Agent
Henry Benito
MMLS Assoc.-Inactive Member
Buyer's Agent
Gary Shear
Roy Owen Realty Assoc., Inc.
List Price
$679,900
Sold Price
$651,000
Premium/Discount to List
-$28,900
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Tabet Ricardo and El Hayek Amal
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 27, 2006
Sold by
Young Thomas W and Young Virgina K
Bought by
Tabet Ricardo and El Hayek Amal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1998
Sold by
Lindenberg Udo
Bought by
Young Thomas W and Young Virginia K
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
Idone Giulio $325,000 Attorney
Idone Tiziana $653,000 Servicelink Llc
The Bank Of New York Mellon $1,040,000 Attorney
Tabet Ricardo $800,000 Allegiance Title Of Fl Inc
Young Thomas W $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabet Ricardo $1,040,000
Previous Owner Tabet Ricardo $300,000
Previous Owner Tabet Ricardo $640,000
Previous Owner Tubet Ricardo $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $651,000 -4.3% $552 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $679,900 -- $576 / 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 $22,439 $1,268,107 -- --
2024 $21,293 $1,152,825 -- --
2023 $21,293 $1,048,023 $0 $0
2022 $19,754 $1,047,424 $0 $0
2021 $18,778 $952,204 $0 $0
2020 $19,716 $1,018,400 $0 $0
2019 $19,063 $1,018,400 $0 $0
2018 $19,151 $1,018,416 $0 $0
2017 $18,235 $922,284 $0 $0
2016 $17,604 $838,440 $0 $0
2015 $16,613 $762,219 $0 $0
2014 $16,214 $692,927 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Henry Benito

    MMLS Assoc.-Inactive Member

    Section Image

  • G

    Buyer's Agent in 2017

    Gary Shear

    Roy Owen Realty Assoc., Inc.

    (305) 668-7668

    4 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10318978

MIAMI REALTORS® MLS

APN: 02-3234-081-0490

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1330 Ocean Dr Unit R5B, Miami Beach, FL

This home is located at 1330 Ocean Dr Unit R5B, Miami Beach, FL 33139 since 01 August 2017 and is currently estimated at $1,369,164, approximately $1,160 per square foot. This property was built in 1936. 1330 Ocean Dr Unit R5B 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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