$220,000
SOLD MAY 14, 2018
-- Bed
1 Bath
200 Sq Ft
1939 Built

Recently Sold

$1,100 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • South Pointe Elementary School Rated A-
  • Heated Community Pool
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

As of May 2018

Great Income Property! Very few properties in Miami Beach are directly on Beach. This one not only IS directly on beach but is one of few that permit short term rentals. Receive great income from daily, weekly or monthly rentals year-round! Currently yielding approx. $3K on high-season months and $2K on low season. Building exterior has been completely renovated including pool area and interior of unit has also been renovated. Boutique hotel style 3-level condo steps away from all the SoBe action and Nikki Beach while in quite residential area. Secured access. Easy to Show/Rent. Unit on 1st level w/garage/side of bldg. view. Laundry facility on each level in hallway. Low maintenance of only $253.00/mo includes everything! Electricity, water, cable, secured entry, WIFI, heated pool.

Last Agent to Sell the Property

Carmen Alfonso

Tower Team Realty, LLC License #0568242 Listed on: 02/09/2018

Tower Team Realty, LLC

Last Buyer's Agent

Romina Saaied

MMLS Assoc.-Inactive Member License #3109904

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1939

Lot Details

  • Ocean Front
  • West Facing Home
  • Privacy Fence

Interior Spaces

  • 200 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tile Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Gas Range
  • <<microwave>>
  • Disposal

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Beach Access

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0640

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Ocean Walk Condos
  • Ocean Walk On South Beach Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,770

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Condominium
  • Directions: US-41 E/FL-A1A N/MacArthur Cswy E toward Miami Beach. Then 0.69 miles keep right to take US-41 E/FL-A1A N toward Miami Beach. Then 3.22 miles stay straight to go onto 5th St. Then 0.07 miles turn right onto Ocean Dr. 335 Ocean on Left
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access, Beach,Beach Access,Electric Available,Water Available,WiFi Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN WALK ON SOUTH BEACH
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 200
  • Other Equipment: Natural Gas
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Entry Level, Studio

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Direction Faces: West
  • Fencing: Privacy
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, 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: Window/Wall
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Other, TV Camera

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-206-0640
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Russo Cristian Cuillermo
Bought by
Saint Martin Coast Llc

Purchase Details

Listed on
Feb 9, 2018
Closed on
May 9, 2018
Sold by
Nca Investments Llc
Bought by
Russo Cristian Guillermo
Seller's Agent
Carmen Alfonso
Tower Team Realty, LLC
Buyer's Agent
Romina Saaied
MMLS Assoc.-Inactive Member
List Price
$224,500
Sold Price
$220,000
Premium/Discount to List
-$4,500
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 12, 2018
Sold by
Martin George and Martin George
Bought by
Nca Investments Llc
Seller's Agent
Carmen Alfonso
Tower Team Realty, LLC
Buyer's Agent
Romina Saaied
MMLS Assoc.-Inactive Member
List Price
$224,500
Sold Price
$220,000
Premium/Discount to List
-$4,500
-2%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Sands Barry and Wohlfeld Robert K
Bought by
Nca Investments Llc

Purchase Details

Closed on
Aug 13, 2015
Sold by
Sands Barry
Bought by
Nca Investments Llc

Purchase Details

Closed on
Apr 22, 2013
Sold by
Martin George
Bought by
Sands Barry

Purchase Details

Closed on
Apr 20, 2006
Sold by
Miko Beryl
Bought by
Martin George

Purchase Details

Closed on
Sep 13, 1996
Sold by
Sna Inc
Bought by
Miko Theodore and Miko Beryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.21%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $220,000 Attorney
Quit Claim Deed -- Attorney
Trustee Deed $160,100 None Available
Trustee Deed $75,100 None Available
Quit Claim Deed -- Attorney
Trustee Deed $173,000 None Available
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $270,000 +22.7% $1,350 / Sq Ft
05/14/2018 05/14/18 Sold $220,000 -2.0% $1,100 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $224,500 -- $1,123 / 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
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 $3,009 $160,019 $0 $0
2017 $2,770 $145,472 $0 $0
2016 $2,798 $144,032 $0 $0
2015 $1,840 $86,600 $0 $0
2014 $1,718 $78,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10415632

MIAMI REALTORS® MLS

APN: 02-4203-206-0640