NOT LISTED FOR SALE

Estimated Value: $199,147 - $252,000

Studio
1 Bath
430 Sq Ft
$234/ mo HOA Fee

Last Sold July 08, 2014

Last sale price $160,000 $372 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,707/month

68 Days on Market

Highlights

  • Built in 1950 | Newly Remodeled
  • Garden View
  • Cooling Available
  • South Pointe Elementary School Rated 9+
  • End Unit
  • 2-minute walk to Washington Dog Park & Annex

About This Home

As of July 2014

LOCATION, LOCATION, LOCATION. When location matters, this charming furnished studio CO-OP in SOFI is perfect; just one block West of the Blue Waters, the Sandy Shores of Miami Beach, the World Famous Ocean Drive and Art Deco Area. The building has a tr opical and lush garden court yard with a bar-bque grill. A gated community where cook-outs happen weekly. A unique and peaceful living experience; like "Bohemian Key West" in the Heart of South Beach. Close to 395, major highways and downtown Miami.

Last Agent to Sell the Property

Amani Ayers

Platinum Properties Int'l Inc. License #3221340 Listed on: 04/17/2014

Co-Listed By

Valerie Crawford

Platinum Properties Int'l Inc. License #3191386

Last Buyer's Agent

Martin Urruela

Marela Properties, LLC License #3258808

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $278

Year Built

  • Built in 1950 | Newly Remodeled

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 430 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Garden Views

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Pointe Elementary School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-088-0230

Community Details

Overview

  • Club Membership Required
  • Ocean Terrace Apts Inc Co Condos

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$278

Year Built

Built in 1950 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$234 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Full Bathrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 430
  • Possible Use: Secondary
  • Stories: 2
  • Bedroom Features: None

Exterior Features

  • View: Garden View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Ocean Terrace Apts inc Co
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 234
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach

Lot Info

  • Parcel Number: 02-42-03-088-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 278

Multi Family

  • Maintenance Expense: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 30, 2014
Sold by
Mcglathery Linda
Bought by
Ese Cuate Llc
Seller's Agent
Amani Ayers
Platinum Properties Int'l Inc.
Buyer's Agent
Martin Urruela
Marela Properties, LLC
List Price
$167,999
Sold Price
$160,000
Premium/Discount to List
-$7,999
-4.76%
Current Estimated Value
$239,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,923
Avg. Annual Appreciation
3.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ese Cuate Llc $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2014 07/08/14 Sold $160,000 -4.8% $372 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $167,999 -- $391 / 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 $2,859 $167,383 -- --
2024 $2,770 $152,167 -- --
2023 $2,770 $143,554 $0 $0
2022 $2,538 $130,504 $0 $0
2021 $2,291 $118,640 $0 $0
2020 $2,871 $148,300 $0 $0
2019 $2,791 $144,000 $0 $0
2018 $2,689 $144,288 $0 $0
2017 $2,567 $129,324 $0 $0
2016 $2,479 $117,568 $0 $0
2015 $2,118 $106,880 $0 $0
2014 $559 $106,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1937532

MIAMI REALTORS® MLS

APN: 02-4203-088-0230

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