Landlord's Agent in 2023
Darryl Fox
One Sotheby's International Re
(305) 788-3699
7 in this area
57 Total Sales
The Presidential 401 Ocean Dr Unit 525 Miami Beach, FL 33139
South Pointe NeighborhoodEstimated Value: $439,000 - $550,000
2
Beds
1
Bath
655
Sq Ft
1970
Built
Highlights
- Ocean Front
- Full Time Lobby Attendant
- Outdoor Pool
- South Pointe Elementary School Rated A-
- Intercom to Front Desk
- 3-minute walk to Marjory Stoneman Douglas Park
About This Home
As of September 2023Be the first to experience this completely renovated oceanfront apartment in the heart of SoFi (South of Fifth), Miami Beach's most coveted neighborhood! Originally designed as a 1-bedroom, it has been transformed into a 2-bedroom gem, offering endless possibilities such as a den,office or spare bedroom.Every inch of this residence exudes a new, fresh allure, including the convenience of a full-size washer and dryer.The building offers on-site security services, a heated oceanfront swimming pool and two saunas for ultimate relaxation.You'll relish the convenience of strolling to the finest restaurants, shopping, vibrant nightlife and the picturesque South Pointe Park in South Beach. With direct beach access at your doorstep, you can indulge in the serenity of the beach whenever you desire.
Last Agent to Rent the Property
One Sotheby's International Re License #0646276 Listed on: 08/04/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $6,590
Year Built
- Built in 1970
Lot Details
- North Facing Home
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 655 Sq Ft Home
Kitchen
- Microwave
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Outdoor Pool
- Balcony
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Property Available on 8/1/23
- 1 Year With Renewal Option,More Than 1 Year Lease Term
- Assessor Parcel Number 02-42-03-120-0880
Community Details
Overview
- No Home Owners Association
- The Presidential Condo
- The Presidential Condo Subdivision
Amenities
- Full Time Lobby Attendant
- Intercom to Front Desk
- Elevator
Recreation
Pet Policy
- No Pets Allowed
Security
- Card or Code Access
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2021
Closed on
Jun 9, 2021
Sold by
Mcmahon Patrick
Bought by
Deshler Hillary and Deshler Ryan
Seller's Agent
Andrew Katz
Howard Chase Real Estate, LLC
Buyer's Agent
Darryl Fox
One Sotheby's International Re
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,870
Avg. Annual Appreciation
10.93%
Original Mortgage
$267,835
Outstanding Balance
$243,545
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,084
Purchase Details
Closed on
Aug 5, 2005
Sold by
Remon Miguel I and Remon Mirta
Bought by
Mcmahon Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
5.62%
Mortgage Type
Unknown
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2023 09/19/23 | Rented | $3,000 | 0.0% | -- |
| 08/16/2023 08/16/23 | Under Contract | -- | -- | -- |
| 08/04/2023 08/04/23 | For Rent | $3,000 | 0.0% | -- |
| 06/10/2021 06/10/21 | Sold | $330,000 | -2.7% | $504 / Sq Ft |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- |
| 01/22/2021 01/22/21 | For Sale | $339,000 | 0.0% | $518 / Sq Ft |
| 11/27/2019 11/27/19 | Rented | $1,700 | -5.6% | -- |
| 11/15/2019 11/15/19 | Under Contract | -- | -- | -- |
| 10/28/2019 10/28/19 | Price Changed | $1,800 | -10.0% | $3 / Sq Ft |
| 08/08/2019 08/08/19 | For Rent | $2,000 | +8.1% | -- |
| 09/01/2017 09/01/17 | Rented | $1,850 | -5.1% | -- |
| 08/17/2017 08/17/17 | Under Contract | -- | -- | -- |
| 08/11/2017 08/11/17 | For Rent | $1,950 | +11.4% | -- |
| 09/02/2016 09/02/16 | Rented | $1,750 | -10.3% | -- |
| 08/24/2016 08/24/16 | Under Contract | -- | -- | -- |
| 07/13/2016 07/13/16 | For Rent | $1,950 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $6,590 | $385,744 | -- | -- |
| 2024 | $6,024 | $350,677 | -- | -- |
| 2023 | $6,024 | $318,798 | $0 | $0 |
| 2022 | $5,445 | $289,817 | $0 | $0 |
| 2021 | $4,902 | $249,744 | $0 | $0 |
| 2020 | $4,395 | $227,040 | $0 | $0 |
| 2019 | $5,000 | $258,000 | $0 | $0 |
| 2018 | $5,751 | $314,600 | $0 | $0 |
| 2017 | $5,211 | $273,626 | $0 | $0 |
| 2016 | $5,202 | $249,913 | $0 | $0 |
| 2015 | $4,658 | $227,194 | $0 | $0 |
| 2014 | $4,196 | $206,540 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tenant's Agent in 2023
Claudia Gonzalez
One World Properties
(305) 244-3254
-
Seller's Agent in 2021
Andrew Katz
Howard Chase Real Estate, LLC
(305) 523-9323
3 in this area
37 Total Sales
-
Buyer's Agent in 2019
Jhon Piedrahita
EXP Realty LLC
(786) 263-1169
1 Total Sale
-
K
Seller's Agent in 2017
Kathryn Bender
Elite Oceanview Realty
-
Seller's Agent in 2016
Valeria Scinto
Mainframe Real Estate
(305) 778-8020
33 Total Sales
About The Presidential
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11430589
APN: 02-4203-120-0880
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