$509,000 - $598,000
RENTED MAY 1, 2025
1 Bed
1 Bath
659 Sq Ft
0.45 Acres

Last Sold June 01, 2012

Last sale price $325,000 $493 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,593/month

Highlights

  • Ocean Front
  • Full Time Lobby Attendant
  • Outdoor Pool
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of May 2025

Enjoy views of the Atlantic Ocean from your private balcony in this classic Miami Beach condominium. Perfectly situated right on the sand along the iconic Ocean Drive, this 8th-floor residence offers the ultimate South Beach lifestyle—where restaurants, shops, and daily conveniences are just a short stroll away. This spacious 1-bedroom, 1-bathroom unit boasts a remodeled open kitchen, updated bathroom, wood laminate flooring, fresh paint throughout, and central A/C for year-round comfort. The generously sized balcony provides both sunrise and sunset views and is large enough to accommodate outdoor seating. Water, cable, and internet are included in the rent, and a laundry facility is conveniently located on the same floor. Available partially furnished or unfurnished. No pets allowed.

Last Agent to Rent the Property

Derek Varona

Sea Grove Realty License #3245277 Listed on: 02/03/2025

Last Renter's Agent

Avraham Levy

The Real Estate Lab, Inc. License #3415606

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,114

Year Built

  • Built in 1970

Lot Details

  • 400 Ft Wide Lot
  • North Facing Home

Home Design

  • Substantially Remodeled
  • Concrete Block And Stucco Construction

Interior Spaces

  • 659 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 3/18/25
  • Assessor Parcel Number 02-42-03-118-1570

Community Details

Overview

  • No Home Owners Association
  • Ocean Point Condo
  • Ocean Point Condo Subdivision
  • Maintained Community

Amenities

  • Full Time Lobby Attendant
  • Laundry Facilities

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,114

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2025-03-18

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 8
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: OCEAN POINT CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Vinyl
  • Furnished: Furnished
  • Living Area: 659
  • Stories: 1
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Ocean, Direct Ocean, Water
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEAN POINT CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Complex Fenced, Lobby Attended

Condo/Co-op/Association

  • Amenities: Community Pool, Exercise Room, Laundry Facility, Maintained Community, Management On Site, Other
  • Association: No
  • Community Features: Other

Schools

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

Lot Info

  • Parcel Number: 02-42-03-118-1570
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 19489
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Dpi Usa Investments Llc
Bought by
Insua Eric
Current Estimated Value
$554,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,500
Outstanding Balance
$227,782
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$327,130

Purchase Details

Listed on
Jan 5, 2012
Closed on
May 28, 2012
Sold by
Ipanema Surfing Inc
Bought by
Dpi Usa Investments Llc
Seller's Agent
Richard Cava
Ipanema Properties LLC
Buyer's Agent
Michael Vertz
London Foster Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Sep 7, 2011
Sold by
Charron Timothy A
Bought by
Ipanema Surfing Inc

Purchase Details

Closed on
May 12, 2009
Sold by
Charron Timothy A
Bought by
Ocean Point Association Inc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Flagg Virginia G
Bought by
Charron Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2001
Sold by
Beatrice A Shea I
Bought by
Flagg Virginia G
Source: Public Records

Range of Values:

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Average Value
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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
Insua Eric $334,000 Attorney
Dpi Usa Investments Llc $325,000 Attorney
Ipanema Surfing Inc $141,900 None Available
Ocean Point Association Inc -- None Available
Charron Timothy A $101,500 Clear Title Services Inc
Flagg Virginia G $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Insua Eric $250,500
Previous Owner Charron Timothy A $62,500
Previous Owner Charron Timothy A $275,000
Previous Owner Charron Timothy A $0
Previous Owner Charron Timothy A $145,200
Previous Owner Flagg Virginia G $124,800
Closed Charron Timothy A $18,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $3,000 0.0% --
04/24/2025 04/24/25 Under Contract -- -- --
04/03/2025 04/03/25 Price Changed $3,000 -3.2% $5 / Sq Ft
03/21/2025 03/21/25 Price Changed $3,100 -3.1% $5 / Sq Ft
03/06/2025 03/06/25 Price Changed $3,200 -3.0% $5 / Sq Ft
02/03/2025 02/03/25 For Rent $3,300 +24.5% --
03/12/2024 03/12/24 Under Contract -- -- --
03/11/2024 03/11/24 Rented $2,650 0.0% --
02/06/2024 02/06/24 For Rent $2,650 +6.0% --
07/15/2023 07/15/23 Rented $2,500 0.0% --
07/12/2023 07/12/23 Under Contract -- -- --
06/12/2023 06/12/23 Price Changed $2,500 -12.3% $4 / Sq Ft
06/06/2023 06/06/23 Price Changed $2,850 -3.4% $4 / Sq Ft
04/12/2023 04/12/23 For Rent $2,950 +5.4% --
10/31/2022 10/31/22 Rented $2,800 -5.1% --
10/13/2022 10/13/22 For Rent $2,950 +1.7% --
11/19/2021 11/19/21 Rented -- -- --
10/27/2021 10/27/21 Under Contract -- -- --
10/11/2021 10/11/21 For Rent $2,900 +50.6% --
10/01/2017 10/01/17 Rented $1,925 0.0% --
09/29/2017 09/29/17 Under Contract -- -- --
07/20/2017 07/20/17 Price Changed $1,925 -3.8% $3 / Sq Ft
07/13/2017 07/13/17 For Rent $2,000 0.0% --
09/01/2015 09/01/15 Rented $2,000 -9.1% --
08/02/2015 08/02/15 Under Contract -- -- --
07/16/2015 07/16/15 For Rent $2,200 +15.8% --
05/16/2013 05/16/13 Rented $1,900 -17.4% --
04/16/2013 04/16/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $2,300 0.0% --
06/01/2012 06/01/12 Sold $325,000 0.0% $493 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $325,000 -- $493 / 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
2025 $7,114 $378,593 -- --
2024 $6,624 $378,593 -- --
2023 $6,624 $350,549 $0 $0
2022 $6,170 $328,383 $0 $0
2021 $6,340 $328,383 $0 $0
2020 $5,779 $298,530 $0 $0
2019 $5,407 $279,000 $0 $0
2018 $5,811 $309,000 $0 $0
2017 $6,023 $316,302 $0 $0
2016 $6,050 $298,422 $0 $0
2015 $5,844 $271,293 $0 $0
2014 $5,011 $246,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11727671

MIAMI REALTORS® MLS

APN: 02-4203-118-1570