$430,000
$45K PRICE DROP

Estimated payment $3,941/month

Total Views 793
1 Bed
1 Bath
1,005 Sq Ft
$428 Price per Sq Ft

Highlights

  • Valet Parking
  • Community Cabanas
  • Clubhouse
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • 3-minute walk to Heritage Park

About This Home

Don’t miss this rare opportunity to own one of the few buildings in Sunny Isles Beach that allows short-term rentals year-round (365 days/year), making it an excellent income-generating investment.This bright and spacious unit offers beautiful views of the lush garden, just steps away from the ocean — directly across the street from the beach!The building features resort-style amenities, including a large swimming pool, fitness center, convenience stores, and more. Surrounded by a well-developed infrastructure: walking distance to restaurants, supermarkets, cafes, parks, and just minutes from Aventura Mall and Bal Harbour Shops.Whether you’re looking for a vacation home, full-time residence, or investment property with high rental potential — this is the ideal choice.

Listing Agent

Yana Saikouskaya

London Foster Realty License #3363856 Listed on: 04/14/2025

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,879

Year Built

  • Built in 1972

HOA Fees

  • $1,180 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Garden Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 1,005 Sq Ft Home
  • Ceramic Tile Flooring
  • Garden Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-048-3520

Community Details

Overview

  • High-Rise Condominium
  • Ocean Reserve Condo
  • Ocean Reserve Condo Subdivision
  • 26-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Elevator
  • Lobby
  • Secure Lobby

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,879

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,180 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, High Rise
  • Entry Level: 2
  • 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: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Lobby, Second Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Living Area: 1005
  • Stories: 26
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: Other
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN RESERVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1180
  • Amenities: Barbecue, Billiard Room, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Private Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-048-3520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5879

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,879 $344,729 -- --
2024 $5,377 $313,390 -- --
2023 $5,377 $284,900 $0 $0
2022 $4,438 $259,000 $0 $0
2021 $4,178 $235,000 $0 $0
2020 $4,088 $228,000 $0 $0
2019 $4,225 $235,000 $0 $0
2018 $3,936 $235,000 $0 $0
2017 $3,542 $198,066 $0 $0
2016 $3,642 $192,753 $0 $0
2015 $3,299 $175,230 $0 $0
2014 $2,737 $123,862 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Price Changed $430,000 -9.5% $428 / Sq Ft
04/14/2025 04/14/25 For Sale $475,000 -- $473 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 None Available
Warranty Deed $310,000 None Listed On Document
Deed $100 --
Special Warranty Deed $120,000 New House Title Llc
Trustee Deed -- None Available
Special Warranty Deed $255,400 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Closed $232,500 New Conventional
Previous Owner $204,320 Balloon
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11783665

MIAMI REALTORS® MLS

APN: 31-2202-048-3520