NOT LISTED FOR SALE

Estimated Value: $457,000 - $503,000

1 Bed
1 Bath
1,005 Sq Ft
$957/mo HOA Fee

Last Sold September 11, 2024

Last sale price $530,000 $527 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,090/month

90 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Bar or Lounge
  • 3-minute walk to Heritage Park

About This Home

As of September 2024

Enjoy panoramic views of the ocean from your balcony every day! Beautiful Spacious One Bedroom, One bath condo with Den (accommodates sleeping for 2). Located at the prestigious Ocean Reserve Condominium, steps from beautiful beaches, Restaurants, Parks, and much more. Enjoy resort-like amenities; Grand Pool, Gym, Spa, Tennis courts, Cafe, Barbecue Lounge, Social room, Market place, 24-hour security and Concierge, Valet parking and much more. Association dues include All Amenities, High-Speed Internet, Cable TV, Exterior cooling towers and Water. No rental restrictions, Owners can rent unit short term (over 30 days) without AirBNB License or 1- 30 days with a License.

Last Agent to Sell the Property

Kenia Lopez

First Service Realty ERA License #3281129 Listed on: 06/12/2024

First Service Realty ERA

Co-Listed By

Mercedes Walden

First Service Realty ERA License #0647915

Last Buyer's Agent

Ana Shepard

Brickell Realty Group, LLC License #3326896

Brickell Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,765

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • East Facing Home
  • Fenced

HOA Fees

  • $957 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Furnished
  • Vertical Blinds
  • Picture Window
  • Entrance Foyer
  • Family Room
  • Open Floorplan
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks
  • Shower Only

Outdoor Features

  • Property has ocean access
  • Balcony
  • Exterior Lighting

Location

  • East of U.S. Route 1

Schools

  • Norman S. Edelcup K-8 Elementary School
  • Alonzo And Tracy Mourning Sr. High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-048-1620

Community Details

Overview

  • High-Rise Condominium
  • Ocean Reserve Condos
  • Ocean Reserve Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Bar or Lounge
  • Laundry Facilities
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Partial Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,765

Year Built

Built in 1972

Lot Details

0

HOA Fees

$957 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: IRSF01
  • Co List Office Phone: 305-551-9400
  • Directions: Use GPS - Valet parking available small fee
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN RESERVE CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Entrance Foyer, Pantry, Walk-In Closet(s), Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished, Partially Furnished
  • Living Area: 1005
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 16
  • Window Features: Partial Impact Glass, Blinds, Picture Window, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Kitchen Dining, Snack Bar/Counter
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: OCEAN RESERVE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Detached, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Doorman, Secured Garage/Parking, TV Camera

Condo/Co-op/Association

  • Association Fee: 957
  • Amenities: Bar, Child Play Area, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Norman S. Edelcup K-8
  • High School: Alonzo and Tracy Mourning Sr. High

Lot Info

  • Parcel Number: 31-22-02-048-1620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Sep 11, 2024
Sold by
Daniel Thomas Lubic Revocable Living Tru and Lubic Daniel Thomas
Bought by
F & E Sunny Llc
Seller's Agent
Kenia Lopez
First Service Realty ERA
Buyer's Agent
Ana Shepard
Brickell Realty Group, LLC
List Price
$539,900
Sold Price
$530,000
Premium/Discount to List
-$9,900
-1.83%
Views
2
Current Estimated Value
$477,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,647
Avg. Annual Appreciation
-8.62%
Original Mortgage
$318,000
Outstanding Balance
$314,598
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$162,755

Purchase Details

Closed on
Feb 27, 2023
Sold by
Lubic Daniel Thomas
Bought by
Daniel Thomas Lubic Revocable Living Trust

Purchase Details

Closed on
Jan 28, 2021
Sold by
Lubic Daniel Thomas
Bought by
Lubic Daniel Thomas and Lubic Daniel Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2020
Sold by
Lubic Daniel T
Bought by
Rlt Daniel Thomas Lubic

Purchase Details

Closed on
Aug 17, 2016
Sold by
Florida Roxy Girls Llc
Bought by
Lubic Daniel T

Purchase Details

Closed on
Feb 28, 2011
Sold by
Ocean View Developers Llc
Bought by
The Florida Roxy Girls Llc
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
F & E Sunny Llc $530,000 Qualified Title
F & E Sunny Llc $530,000 Qualified Title
Daniel Thomas Lubic Revocable Living Trust -- --
Lubic Daniel Thomas -- Accommodation
Lubic Daniel Thomas -- Accommodation
Rlt Daniel Thomas Lubic -- Attorney
Lubic Daniel T $375,000 --
The Florida Roxy Girls Llc $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open F & E Sunny Llc $318,000
Closed F & E Sunny Llc $318,000
Previous Owner Lubic Daniel Thomas $243,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2024 09/11/24 Sold $530,000 -1.8% $527 / Sq Ft
06/12/2024 06/12/24 For Sale $539,900 -- $537 / 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 $7,622 $429,962 -- --
2024 $5,996 $452,592 -- --
2023 $5,996 $317,900 $0 $0
2022 $4,952 $289,000 $0 $0
2021 $4,675 $263,000 $0 $0
2020 $4,715 $263,000 $0 $0
2019 $4,728 $263,000 $0 $0
2018 $4,612 $263,000 $0 $0
2017 $4,508 $252,111 $0 $0
2016 $4,262 $208,017 $0 $0
2015 $3,853 $189,107 $0 $0
2014 $3,571 $171,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11605023

MIAMI REALTORS® MLS

APN: 31-2202-048-1620