NOT LISTED FOR SALE

Estimated Value: $480,000 - $641,000

1 Bed
1.5 Baths
1,005 Sq Ft
$867/mo HOA Fee

Last Sold July 28, 2023

Last sale price $565,000 $562 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,396/month

56 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Marble Flooring
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • 3-minute walk to Heritage Park

About This Home

As of July 2023

Beautiful ALL UP GRATED APARTMENT, AWESOME WATER VIEW , RARELY FIND , MODERN FURNITURE INCLUDED, READY TO MOVE INN, ENJOY AND GET INCOME INMEDIATELY, CONDO ALLOWS SHORT TERMS RENTALS ,RESORT STYLE AMENITIES

Last Agent to Sell the Property

Karina Sobrino

Optimar International Realty License #3157153 Listed on: 06/01/2023

Optimar International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,746

Year Built

  • Built in 1972

HOA Fees

  • $867 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 12th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Furnished
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-048-1000

Community Details

Overview

  • Ocean Reserve Condos
  • Ocean Reserve Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 17-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Laundry Facilities
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,746

Year Built

Built in 1972

Lot Details

0

HOA Fees

$867 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN RESERVE CONDO
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1005
  • Possible Use: Investment
  • Stories: 17
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area

Exterior Features

  • View: Ocean View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ocean reserve
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 867
  • Amenities: Business Center, Laundry, Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-048-1000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 25, 2023
Sold by
Westnilla Llc
Bought by
Klingman Joseph and Klingman Cynthia
Seller's Agent
Karina Sobrino
Optimar International Realty
List Price
$565,000
Sold Price
$565,000
Views
9
Current Estimated Value
$538,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,862
Avg. Annual Appreciation
-2.27%
Original Mortgage
$375,400
Interest Rate
6.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 2011
Sold by
America Finance 2009 Corp
Bought by
Nadamacy Llc

Purchase Details

Closed on
Jun 21, 2010
Sold by
Barrero Diego
Bought by
America Finance 2009 Corp

Purchase Details

Closed on
Aug 8, 2007
Sold by
Oceanview Developers Llc
Bought by
Barrero Diego

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.56%
Mortgage Type
Unknown
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
Klingman Joseph $565,000 None Listed On Document
Nadamacy Llc $175,000 Floridian Title Group Inc
America Finance 2009 Corp $112,700 None Available
Barrero Diego $440,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klingman Joseph $397,000
Closed Klingman Joseph $375,400
Previous Owner Barrero Diego $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $565,000 0.0% $562 / Sq Ft
06/01/2023 06/01/23 For Sale $565,000 -- $562 / 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 $7,439 $419,642 -- --
2024 $6,723 $441,728 -- --
2023 $6,723 $394,400 $0 $0
2022 $4,746 $277,000 $0 $0
2021 $4,480 $252,000 $0 $0
2020 $4,608 $257,000 $0 $0
2019 $4,620 $257,000 $0 $0
2018 $4,374 $257,000 $0 $0
2017 $4,149 $222,426 $0 $0
2016 $4,177 $202,206 $0 $0
2015 $3,775 $183,824 $0 $0
2014 $3,471 $167,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11396472

MIAMI REALTORS® MLS

APN: 31-2202-048-1000