NOT LISTED FOR SALE

1390 Ocean Dr Unit 507 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $283,000 - $451,000

1 Bed
1 Bath
716 Sq Ft
1965 Built

Last Sold April 30, 2013

Last sale price $490,000 $684 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,458/month

Highlights

  • Direct Ocean View
  • Outdoor Pool
  • Furnished
  • Intercom to Front Desk
  • Marble Flooring
  • No HOA

About This Home

As of July 2020

ONE OF A KIND MODERN PENTHOUSE IN OCEAN DRIVE, ONE BEDROOM WITH 2 BATHROOMS, WASHER & DRYER, CENTRAL AIR, ASSIGNED PARKING SPACE, AN ADDITIONAL MURPHY BED FOR GUESTS, INTERNET & CABLE TV INCLUDED,MINIMUM SIX MONTH RENTAL

Last Agent to Rent the Property

Andres Lizarralde

J & L Beach Realty Inc License #3017430 Listed on: 06/18/2020

Last Renter's Agent

Paula Iversen

Vision Realty LLC License #3411428

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,075

Year Built

  • Built in 1965

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 716 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Direct Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • No Heating

Additional Features

  • Outdoor Pool
  • East Facing Home

Listing and Financial Details

  • Property Available on 6/1/20
  • Assessor Parcel Number 02-32-34-075-0330

Community Details

Overview

  • No Home Owners Association
  • 1390 Ocean Drive Condo
  • 1390 Ocean Drive Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Intercom to Front Desk
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,075

Year Built

Built in 1965

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2020-06-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: 1390 OCEAN DRIVE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 716
  • Window Features: Blinds
  • Dining Room Features: Breakfast Area, Dining/Living Room

Exterior Features

  • View: Ocean, Direct Ocean
  • Direction Faces: East
  • Pool Features: Community
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1390 OCEAN DRIVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-075-0330
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2013
Closed on
Apr 30, 2013
Sold by
Todd A Weiler Trs
Bought by
Magolp Llc
Seller's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
Buyer's Agent
Giorgio Picinelli
SOBE International Realty
List Price
$539,000
Sold Price
$490,000
Premium/Discount to List
-$49,000
-9.09%
Current Estimated Value
$371,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,383
Avg. Annual Appreciation
-1.98%

Purchase Details

Closed on
Dec 8, 2010
Sold by
Weiler Todd and Weiler Todd A
Bought by
Weiler Todd A

Purchase Details

Closed on
Dec 1, 2008
Sold by
Shenandoah Investments Inc
Bought by
Weiler Todd

Purchase Details

Closed on
Jan 10, 2001
Sold by
Mcmillin Michael A
Bought by
Shenandoah Investments Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Magolp Llc $490,000 --
Weiler Todd A -- Attorney
Weiler Todd $350,000 Attorney
Shenandoah Investments Inc $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiler Todd $50,000
Previous Owner Shenandoah Investments Inc $143,094
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Rented $2,000 -9.1% --
07/01/2020 07/01/20 Under Contract -- -- --
06/01/2020 06/01/20 For Rent $2,200 -31.3% --
09/15/2014 09/15/14 Rented $3,200 -3.0% --
08/16/2014 08/16/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $3,300 0.0% --
04/30/2013 04/30/13 Sold $490,000 -5.8% $684 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $520,000 -3.5% $726 / Sq Ft
03/05/2013 03/05/13 For Sale $539,000 -- $753 / 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 $5,075 $249,480 -- --
2024 $4,720 $266,200 -- --
2023 $4,720 $242,000 $0 $0
2022 $4,134 $220,000 $0 $0
2021 $6,461 $334,600 $0 $0
2020 $6,478 $334,600 $0 $0
2019 $8,106 $418,300 $0 $0
2018 $7,492 $398,412 $0 $0
2017 $7,572 $397,617 $0 $0
2016 $8,257 $417,945 $0 $0
2015 $7,528 $379,950 $0 $0
2014 $7,720 $379,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2020

    Andres Lizarralde

    J & L Beach Realty Inc

    (305) 216-9050

    11 Total Sales

    Section Image
  • Paula Iversen

    Tenant's Agent in 2020

    Paula Iversen

    Vision Realty LLC

    (305) 297-1764

    25 Total Sales

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  • Giorgio Picinelli

    Seller's Agent in 2014

    Giorgio Picinelli

    SOBE International Realty

    (305) 335-3449

    11 in this area

    57 Total Sales

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  • Frederique Leforestier

    Buyer's Agent in 2014

    Frederique Leforestier

    One Sotheby's International Realty

    (786) 399-5274

    29 Total Sales

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  • Oliver Davis

    Seller's Agent in 2013

    Oliver Davis

    Live Work Play Miami Group, LLC.

    (786) 530-1871

    2 in this area

    183 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10877538

MIAMI REALTORS® MLS

APN: 02-3234-075-0330

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1390 Ocean Dr Unit 507, Miami Beach, FL

This home is located at 1390 Ocean Dr Unit 507, Miami Beach, FL 33139 since 18 June 2020 and is currently priced at $363,440. This property was built in 1965. 1390 Ocean Dr Unit 507 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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