NOT LISTED FOR SALE

Estimated Value: $231,871 - $345,000

Studio
1 Bath
200 Sq Ft
1939 Built

Sale Details

Date Sold: November 13, 2018

Last sale price $218,000 $1,090 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,105 / mo

248 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • Deck
  • Heated Community Pool
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2018

LOCATION, LOCATION, LOCATION! Cozy studio condominium with so much potential with beach access! Great income producer as well, can be rented year round as short term and long term. One of the very few buildings in Miami Beach zoned for short term rentals. Just South of fifth, quiet residential area yet only a 3 minute walk to busy tourist part of Ocean Drive. This unit is situated in the renovated Ocean Walk Condominium formerly known as Ocean Walk Hotel in the world famous Art Deco District of South Beach. Great South Beach location just steps from the beach. Walking distance from the best that South Beach has to offer: restaurants, shops, cafes, and lounges.

Last Agent to Sell the Property

Jose Perez

JMP International Realty LLC License #3183072 Listed on: 03/01/2018

Last Buyer's Agent

Ted Rover

Bespoke Realty Group Miami, LLC License #3033157

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 1939

HOA Fees

  • $253 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 200 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tile Flooring
  • Electric Range

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0400

Community Details

Overview

  • Low-Rise Community
  • Ocean Walk Condos
  • Ocean Walk On South Beach Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Secure Lobby

Recreation

  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,517

Year Built

Built in 1939

Lot Details

0 Sq Ft Lot

HOA Fees

$253 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN WALK ON SOUTH BEACH
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 200
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: None
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN WALK
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Fire Alarm, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 253
  • Amenities: Laundry, Elevator(s), Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-206-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2517

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

Listed on
Mar 1, 2018
Closed on
Nov 8, 2018
Sold by
Bought by
Seller's Agent
Jose Perez
JMP International Realty LLC
Buyer's Agent
Ted Rover
Bespoke Realty Group Miami, LLC
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Current Estimated Value
$265,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,968
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Jan 2, 2014
Sold by
Bought by

Purchase Details

Listed on
Oct 13, 2010
Closed on
Aug 15, 2012
Sold by
Bought by
Seller's Agent
Annia Garcia
Delphi Investment Realty
Buyer's Agent
Annia Garcia
Delphi Investment Realty
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Oct 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 13, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Pointe, FL

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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
$218,000 Attorney
$117,000 Best Beach Title Llc
$60,000 Venetian Title Services Inc
$159,000 --
$135,000 --
$2,000 --
$90,000 --
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 $54,200
Previous Owner $127,200
Previous Owner $108,000
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 Prior Sale
11/13/2018 11/13/18 Sold $218,000 -0.5% $1,090 / Sq Ft
08/01/2018 08/01/18 Price Changed $219,000 -2.2% $1,095 / Sq Ft
06/22/2018 06/22/18 Price Changed $223,900 0.0% $1,120 / Sq Ft
05/15/2018 05/15/18 Price Changed $224,000 -0.4% $1,120 / Sq Ft
02/26/2018 02/26/18 For Sale $225,000 +275.0% $1,125 / Sq Ft
08/15/2012 08/15/12 Sold $60,000 0.0% $300 / Sq Ft View Prior Sale
12/22/2010 12/22/10 Pending -- -- --
10/13/2010 10/13/10 For Sale $60,000 -- $300 / 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 $4,701 $225,156
2024 $4,570 $250,173
2023 $4,570 $237,232 $0 $0
2022 $4,052 $215,666 $0 $0
2021 $3,892 $201,557 $0 $0
2020 $3,858 $201,557 $0 $0
2019 $3,487 $179,962 $0 $0
2018 $2,730 $160,019 $0 $0
2017 $2,517 $124,484 $0 $0
2016 $2,424 $113,168 $0 $0
2015 $2,038 $102,880 $0 $0
2014 $1,750 $81,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10427315

MIAMI REALTORS® MLS

APN: 02-4203-206-0400

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