NOT LISTED FOR SALE

Ocean Point Condominium 345 Ocean Dr Unit 509 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $404,000 - $504,000

1 Bed
1 Bath
659 Sq Ft
1970 Built

Sale Details

Date Sold: February 4, 2022

Last sale price $350,000 $531 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,374 / mo

11 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Views
  • South Pointe Elementary School Rated 9+
  • Balcony
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of February 2022

GREAT LOCATION SOUTH OF 5TH GATED COVERED PARKING

Last Agent to Sell the Property

Ethelbert Bascom

Florida Home Sales and Invest. License #0648821 Listed on: 01/23/2022

Last Buyer's Agent

Jason Mccarthy

Coldwell Banker Realty License #3399205

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 1970

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 659 Sq Ft Home
  • Carpet
  • Video Cameras
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Unrestricted saltwater access

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-118-0730

Community Details

Overview

  • Mid-Rise Community
  • Ocean Point Condos
  • Ocean Point Condo Subdivision
  • 11-Story Property

Amenities

  • Laundry Facilities
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,016

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 509
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN POINT CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Lobby, Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Furnished: Unfurnished
  • Living Area: 659
  • Possible Use: Secondary
  • Stories: 11
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OCEAN POINT
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 377
  • Amenities: Laundry, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-118-0730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6016

Multi Family

  • Maintenance Expense: 377

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
Jan 23, 2022
Closed on
Feb 4, 2022
Sold by
Bought by
Seller's Agent
Ethelbert Bascom
Florida Home Sales and Invest.
Buyer's Agent
Jason Mccarthy
Coldwell Banker Realty
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Current Estimated Value
$444,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,236
Avg. Annual Appreciation
5.48%
Original Mortgage
$297,500
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$350,000 Advocate Consulting Law Group
$280,000 Century Title & Escrow Co
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
Open $297,500
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
02/04/2022 02/04/22 Sold $350,000 -10.0% $531 / Sq Ft
01/23/2022 01/23/22 For Sale $389,000 0.0% $590 / Sq Ft
03/02/2017 03/02/17 For Rent $1,550 0.0% --
03/01/2017 03/01/17 Rented $1,550 0.0% --
02/06/2017 02/06/17 Under Contract -- -- --
01/26/2017 01/26/17 Price Changed $1,550 -6.1% $2 / Sq Ft
01/12/2017 01/12/17 Price Changed $1,650 -5.7% $3 / Sq Ft
12/16/2016 12/16/16 Price Changed $1,750 -2.8% $3 / Sq Ft
11/26/2016 11/26/16 Price Changed $1,800 -5.3% $3 / Sq Ft
11/14/2016 11/14/16 For Rent $1,900 -- --
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 $6,923 $368,426
2024 $6,446 $368,426
2023 $6,446 $341,135 $0 $0
2022 $5,574 $296,639 $0 $0
2021 $6,016 $307,340 $0 $0
2020 $5,484 $289,970 $0 $0
2019 $5,252 $271,000 $0 $0
2018 $5,309 $299,800 $0 $0
2017 $5,278 $247,817 $0 $0
2016 $4,908 $225,289 $0 $0
2015 $4,766 $204,809 $0 $0
2014 $3,783 $186,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Ethelbert Bascom

    Florida Home Sales and Invest.

    (305) 538-2885

    1 in this area

    5 Total Sales

    Ethelbert Bascom
    Section Image

  • J

    Buyer's Agent in 2022

    Jason Mccarthy

    Coldwell Banker Realty

    (305) 538-7022

    6 in this area

    12 Total Sales

    Jason Mccarthy
    Section Image
  • Fabiola Castro

    Buyer's Agent in 2017

    Fabiola Castro

    CasaMagna Realty LLC

    (954) 659-1709

    22 Total Sales

    Fabiola Castro
    Section Image
See All Agents

About Ocean Point Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11150415

MIAMI REALTORS® MLS

APN: 02-4203-118-0730

Florida Miami/Dade County Miami Beach 33139 South Pointe

345 Ocean Dr Unit 509, Miami Beach, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.