NOT LISTED FOR SALE

Estimated Value: $1,352,878

2 Beds
2 Baths
1,362 Sq Ft
2003 Built

Sale Details

Date Sold: March 25, 2019

Last sale price $850,000 $624 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,578 / mo

251 Days on Market

Highlights

  • Ocean Front
  • Built in 2003 | Newly Remodeled
  • Garden View
  • South Pointe Elementary School Rated 9+
  • Marble Flooring
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

As of March 2019

OCEAN DRIVE, SOUTH OF FIFTH IS ONE OF THE MOST SOUGHT AFTER ADDRESSES IN THE WORLD. NESTLED ACROSS FROM A BEACHFRONT PARK, THIS 2 BEDROOM UNIT HAS SO MANY SPECIAL TOUCHES TO AMAZE YOUR SENSES. CUSTOM BATHS AND TILE WORK ADORN THE FLOORS AND THE NATURAL BACKDROP OUTSIDE THE WINDOWS SOOTHE AND ENVIGORATE. OCEAN PLACE CONDO IS A FULL SERVICE BOUTIQUE CONDOMINIUM DESIGNED BY RENOWNED ARQUITECTONICA IN THE TRUE ART DECO SPIRIT OF HISTORIC MIAMI BEACH. THIS HOME MUST BE SEEN TO BE APPRECIATED; IT'S TRULY AMAZING. RECENTLY RE PRICED, THE SELLER IS MOTIVATED.

Last Agent to Sell the Property

Richard Greenfield

Serhant License #3172461 Listed on: 06/26/2018

Serhant

Last Buyer's Agent

Richard Greenfield

Serhant License #3172461 Listed on: 06/26/2018

Serhant
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,024

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,362 Sq Ft Home
  • Furnished
  • Blinds
  • Marble Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-266-0290

Community Details

Overview

  • Mid-Rise Community
  • Ocean Place Condos
  • Ocean Place Subdivision
  • 10-Story Property

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,024

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,083 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Co List Office Phone: 305-932-6365
  • Directions: OCEAN DRIVE (A1A) JUST SOUTH OF FIFTH
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • MLS Status: Closed
  • New Construction: No
  • Property Attached Yn: Yes
  • Standard Status: Closed
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN PLACE
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1362
  • Possible Use: Secondary
  • Stories: 10
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEAN PLACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 1083
  • Amenities: Elevator(s), Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-266-0290
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 19024

Multi Family

  • Maintenance Expense: 1083

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Boyce Ronald and Boyce Kathryn
Bought by
Current Estimated Value
$1,352,878

Purchase Details

Closed on
Sep 13, 2019
Sold by
Ocean Journey Llc
Bought by
Boyce Ronald and Boyce Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2018
Closed on
Mar 21, 2019
Sold by
Wood Josephine
Bought by
Ocean Journey Llc
Seller's Agent
Richard Greenfield
Serhant
Buyer's Agent
Richard Greenfield
Serhant
List Price
$1,295,000
Sold Price
$850,000
Premium/Discount to List
-$445,000
-34.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Opalack Paul
Bought by
Wood Josephine

Purchase Details

Closed on
Sep 30, 2008
Sold by
Binzel Peggy K
Bought by
Opalack Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 24, 2003
Sold by
226 Ocean Drive Ltd
Bought by
Binzel Peggy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,900
Interest Rate
5.89%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
Boyce Ronald -- Core Title Llc
Ocean Journey Llc $850,000 Attorney
Wood Josephine $642,000 Attorney
Opalack Paul $825,000 Attorney
Binzel Peggy K $584,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $480,000
Previous Owner Opalack Paul $618,750
Previous Owner Binzel Peggy K $467,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $850,000 -14.9% $624 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $998,900 -7.1% $733 / Sq Ft
11/26/2018 11/26/18 Price Changed $1,075,000 -1.8% $789 / Sq Ft
11/01/2018 11/01/18 Price Changed $1,095,000 -4.8% $804 / Sq Ft
10/01/2018 10/01/18 Price Changed $1,150,000 -2.1% $844 / Sq Ft
07/24/2018 07/24/18 Price Changed $1,175,000 -3.7% $863 / Sq Ft
07/09/2018 07/09/18 Price Changed $1,220,000 -5.8% $896 / Sq Ft
06/26/2018 06/26/18 For Sale $1,295,000 -- $951 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,592 $1,150,932
2024 $21,803 $1,211,507
2023 $21,803 $1,153,816 $0 $0
2022 $19,889 $1,058,547 $0 $0
2021 $19,465 $1,008,140 $0 $0
2020 $13,941 $720,100 $0 $0
2019 $13,954 $720,100 $0 $0
2018 $17,182 $913,708 $0 $0
2017 $17,400 $913,708 $0 $0
2016 $19,024 $921,576 $0 $0
2015 $17,337 $837,797 $0 $0
2014 $16,855 $761,634 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10493097

MIAMI REALTORS® MLS

APN: 02-4203-266-0290

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