NOT LISTED FOR SALE

Estimated Value: $272,669 - $408,000

1 Bed
1 Bath
571 Sq Ft
$616/mo HOA Fee

Last Sold September 12, 2023

Last sale price $285,000 $499 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,735/month

140 Days on Market

Highlights

  • Ocean Front
  • Heated Community Pool
  • Ceramic Tile Flooring
  • End Unit
  • Courtyard
  • Outdoor Grill

About This Home

As of September 2023

Directly on the world famous Ocean Drive directly across from the sand and Lummus PARK in the heart of South Beach. Welcome to the Van Ness. Corner Unit faces West w/ nice city view & SE w/ partial ocean view. Lots of Windows for natural light. Furnished available, Tile floor, Large kitchen. Versatile floor plan , can put wall to make true 1 bed suite. Gated Parking lot, elevator, laundry services, Bike / board storage room, Pool & tropical Garden & Grill. Well managed building with 10% + reserves so bring your financed offers. 2 large dogs ok. 40 Year Certification passed. Can lease twice per year min 180 days after the 1st year of ownership. Maintenance includes Cable & Internet. NEW ROOF. Great value Unit 204 just closed $312,000.

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 04/24/2023

Keller Williams Dedicated Professionals

Co-Listed By

Roman Pavlik

Keller Williams Dedicated Professionals License #0677141

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1965

Lot Details

  • Ocean Front
  • End Unit
  • West Facing Home
  • Fenced

HOA Fees

  • $616 Monthly HOA Fees

Property Views

  • Ocean
  • Skyline

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 571 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-075-0270

Community Details

Overview

  • 1390 Ocean Drive Condo
  • 1390 Ocean Drive Condo Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Interior Hall

Recreation

  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $81

Security

  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,766

Year Built

Built in 1965

Lot Details

0

HOA Fees

$616 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: LFKR01
  • Co List Office Phone: 954-533-7443
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1390 OCEAN DRIVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 571
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: East Of Us1, Barbeque, Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1390 OCEAN DRIVE CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Elevator Secure, Phone Entry

Condo/Co-op/Association

  • Association Fee: 616
  • Amenities: Laundry, Elevator(s), Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-075-0270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3766

Multi Family

  • Maintenance Expense: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 7, 2023
Sold by
Atlas Gordon Bruce and Ehlinger Elaine S
Bought by
Gavilondo Pla Ramses
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$317,900
Sold Price
$285,000
Premium/Discount to List
-$32,900
-10.35%
Views
117
Current Estimated Value
$335,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,167
Avg. Annual Appreciation
7.05%
Original Mortgage
$213,750
Outstanding Balance
$209,014
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$126,153

Purchase Details

Closed on
Sep 30, 2020
Sold by
Gordon Bruce Atlas
Bought by
Gordon Bruce Atlas and Ehlinger Elaine S

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jan 11, 2017
Sold by
Ciavatta Andrea
Bought by
Gordon Bruce Atlas
Seller's Agent
Corrado Colini
Douglas Elliman
Buyer's Agent
Corrado Colini
Douglas Elliman
List Price
$230,000
Sold Price
$238,000
Premium/Discount to List
$8,000
3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Hofer Randie S and Hofer Herbert
Bought by
Ciavatta Andrea
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
Gavilondo Pla Ramses $285,000 Enterprise Title
Gordon Bruce Atlas -- Attorney
Gordon Bruce Atlas $238,000 Attorney
Ciavatta Andrea $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavilondo Pla Ramses $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2023 09/12/23 Sold $285,000 -4.7% $499 / Sq Ft
07/18/2023 07/18/23 Price Changed $299,000 -2.0% $524 / Sq Ft
06/26/2023 06/26/23 Price Changed $305,000 -4.1% $534 / Sq Ft
04/24/2023 04/24/23 For Sale $317,900 +33.6% $557 / Sq Ft
01/12/2017 01/12/17 Sold $238,000 -2.9% $417 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Price Changed $245,000 +6.5% $429 / Sq Ft
04/28/2016 04/28/16 For Sale $230,000 0.0% $403 / Sq Ft
07/01/2015 07/01/15 Rented $1,400 -17.4% --
06/01/2015 06/01/15 Under Contract -- -- --
04/08/2015 04/08/15 For Rent $1,695 -- --
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 $4,548 $217,800 -- --
2024 $4,157 $242,000 -- --
2023 $4,157 $220,000 $0 $0
2022 $3,758 $200,000 $0 $0
2021 $3,912 $202,600 $0 $0
2020 $3,922 $202,600 $0 $0
2019 $3,926 $202,600 $0 $0
2018 $3,628 $192,924 $0 $0
2017 $3,674 $192,924 $0 $0
2016 $4,135 $186,073 $0 $0
2015 $3,766 $169,158 $0 $0
2014 $3,682 $153,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11374979

MIAMI REALTORS® MLS

APN: 02-3234-075-0270