NOT LISTED FOR SALE

325 Ocean Dr Unit 203 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $399,000 - $483,000

1 Bed
1 Bath
654 Sq Ft
$416/mo HOA Fee

Last Sold April 10, 2023

Last sale price $395,000 $604 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,278/month

10 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Elevator
  • South Pointe Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

As of April 2023

DIRECT OCEANFRONT SOUTH OF FIFTH NEIGHBORHOOD - This Quiet Boutique Building is Located in the Most Desirable Neighborhood on World Famous Ocean Drive. The Atlantic Ocean is your Backyard this Charming unit has Balcony w/Ocean Views, Private Beach Access-Residents Only Exposed Beams, Cobalt Blue Terrazzo Tiles and Cherry Oak flooring. All Owners get Complimentary Membership at "Estabans Beach Club"Everyday -Chairs, Cushions and Umbrellas await you. Low Maintenance. South of Fifth is known as the Best Beach in SoBe. Easterly Breezes, Morning Beach Runs. “Sunrise and Sunset Yoga Club", Paddle Boarding, Surfing, Joe’s Stone Crab, Home to the best restaurants. This is One of only 5 Buildings on the Sand in the South of Fifth Neighborhood. Lowest Priced 1/1 Oceanfront Condo in South of Fifth!

Last Agent to Sell the Property

Jason Mccarthy

Coldwell Banker Realty License #3399205 Listed on: 02/24/2023

Coldwell Banker Realty

Last Buyer's Agent

Bradley Piper

MMLS Assoc.-Inactive Member License #3257336

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $416 Monthly HOA Fees

Parking

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

Interior Spaces

  • 654 Sq Ft Home
  • Direct Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • South Pointe Elementary School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-112-0030

Community Details

Overview

  • Other Membership Included
  • East Atlantic Gardens Con Condos
  • East Atlantic Gardens Con Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities
  • Elevator

Recreation

  • Community Cabanas
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,168

Year Built

Built in 1970

Lot Details

0

HOA Fees

$416 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: EAST ATLANTIC GARDENS CON
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Cooking Island
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 654
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EAST ATLANTIC GARDENS CON
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Card Entry, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 416
  • Amenities: Bike/Jog Path, Cabana, Laundry, Elevator(s), Other Membership Included, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe

Lot Info

  • Parcel Number: 02-42-03-112-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 10, 2023
Sold by
Telluride Llc
Bought by
Seth Arun and Seth Neena
Seller's Agent
Jason Mccarthy
Coldwell Banker Realty
Buyer's Agent
Bradley Piper
MMLS Assoc.-Inactive Member
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
Views
135
Current Estimated Value
$438,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,279
Avg. Annual Appreciation
4.39%
Original Mortgage
$200,000
Outstanding Balance
$194,901
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$243,378

Purchase Details

Closed on
Aug 9, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Telluride Llc

Purchase Details

Closed on
Dec 7, 2012
Sold by
Moretti Carmine
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
May 6, 2010
Sold by
Moretti Carmine
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jun 19, 2003
Sold by
Bucci John
Bought by
Moretti Carmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2003
Sold by
Milas Marsha and Kirschner Elaine
Bought by
Bucci John K

Purchase Details

Closed on
Jan 29, 2003
Sold by
Kassoff Dorothy
Bought by
Kassoff Dorothy and Milas Marsha
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
Seth Arun $395,000 Trans State Title
Telluride Llc $129,000 Attorney
Hsbc Bank Usa National Association $115,100 None Available
Hsbc Bank Usa Na $115,100 None Available
Moretti Carmine $139,000 --
Bucci John K $117,000 --
Kassoff Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seth Arun $200,000
Previous Owner Telluride Llc $90,000
Previous Owner Moretti Carmine $75,000
Previous Owner Moretti Carmine $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $395,000 +5.3% $604 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $375,000 0.0% $573 / Sq Ft
06/24/2022 06/24/22 Rented $2,200 0.0% --
06/22/2022 06/22/22 Price Changed $2,200 +4.8% $3 / Sq Ft
06/21/2022 06/21/22 Price Changed $2,100 -16.0% $3 / Sq Ft
06/07/2022 06/07/22 For Rent $2,500 +47.1% --
05/15/2020 05/15/20 Rented $1,700 0.0% --
03/05/2020 03/05/20 For Rent $1,700 +6.3% --
03/20/2019 03/20/19 Rented $1,600 -5.9% --
05/10/2018 05/10/18 Price Changed $1,700 -5.6% $3 / Sq Ft
04/04/2018 04/04/18 For Rent $1,800 +16.1% --
05/22/2017 05/22/17 Rented $1,550 0.0% --
04/27/2017 04/27/17 Price Changed $1,550 -3.1% $2 / Sq Ft
04/13/2017 04/13/17 For Rent $1,600 -- --
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 $5,919 $315,009 -- --
2024 $4,192 $315,009 -- --
2023 $4,192 $221,837 $0 $0
2022 $4,168 $221,837 $0 $0
2021 $4,041 $209,280 $0 $0
2020 $3,717 $192,000 $0 $0
2019 $3,721 $192,000 $0 $0
2018 $3,618 $192,400 $0 $0
2017 $3,664 $192,400 $0 $0
2016 $3,929 $192,402 $0 $0
2015 $3,647 $174,911 $0 $0
2014 $3,231 $159,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jason Mccarthy

    Coldwell Banker Realty

    (305) 538-7022

    5 in this area

    11 Total Sales

    Jason Mccarthy
    Section Image

  • B

    Buyer's Agent in 2023

    Bradley Piper

    MMLS Assoc.-Inactive Member

    Section Image
  • Ted Rover

    Seller's Agent in 2020

    Ted Rover

    Bespoke Realty Group Miami, LLC

    (305) 467-6402

    3 in this area

    7 Total Sales

    Ted Rover
    Section Image

  • A

    Buyer's Agent in 2019

    Arnaud Pinel

    MMLS Assoc.-Inactive Member

  • F

    Seller's Agent in 2017

    Fernando Terry

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Buyer's Agent in 2017

    Arzu Gunes

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11339738

MIAMI REALTORS® MLS

APN: 02-4203-112-0030

Florida Miami/Dade County Miami Beach 33139 South Pointe

325 Ocean Dr Unit 203, Miami Beach, FL

This home is located at 325 Ocean Dr Unit 203, Miami Beach, FL 33139 since 24 February 2023 and is currently estimated at $438,279, approximately $670 per square foot. This property was built in 1970. 325 Ocean Dr Unit 203 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, 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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