NOT LISTED FOR SALE

Estimated Value: $386,443 - $452,000

1 Bed
1.5 Baths
1,006 Sq Ft
1968 Built

Last Sold October 06, 2023

Last sale price $350,000 $348 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,574/month

41 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Ocean Front
  • Clubhouse
  • 1-minute walk to Allison Park

About This Home

As of October 2023

PRICED TO SELL! MILLIONAIRE ROW!! ENJOY THE DIRECT OCEAN VIEW FROM YOUR BEAUTIFUL ONE BEDROOM PLUS DEN AND 1.5 BATH HOME. DEN CAN SERVE AS SECOND BEDROOM. JUST STEPS FROM THE BEACH AND WALKING DISTANCE TO THE RESTAURANTS CAFES AND SHOPS. MINUTES DRIVE TO SOUTH BEACH AND BAL HARBOR.
TILE FLOORS THROUGHOUT. KITCHEN HAS STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOP AND BREAKFAST NOOK. BATHROOMS WITH ATTRACTIVE ITALIAN TILE. CENTRAL AC. DOORMAN,BEAUTIFUL MODERN LOBBY. POOL AND GYM.
SPECIAL ASSESSMENT PAID BY OWNER. SOLD "AS IS".
BUILDING HAS BRAND NEW IMPACT WINDOWS, COOLING TOWER, CHILLER, RESTORATION AND PAINT
Unit is currently rented. Rent being collected monthly is $2400.
Current tenant's lease is till March 31st 2024. Investors may rent immediately. One year lease minimum.

Last Agent to Sell the Property

Ray Contreras

Charles Rutenberg Realty FTL License #3465828 Listed on: 08/04/2023

Charles Rutenberg Realty FTL

Last Buyer's Agent

Mina Taskiran

One Sotheby's International Realty License #3252261

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 1968

HOA Fees

  • $876 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 1,006 Sq Ft Home
  • French Doors
  • Den
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom includes a Walk-In Shower

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-040-0240

Community Details

Overview

  • High-Rise Condominium
  • Ocean Park Condo
  • Ocean Park Condo Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,950

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

HOA Fees

$876 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN PARK CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: French Doors, Den/Library/Office
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1006
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Window Features: Impact Glass
  • Bedroom Features: Primary Bath Shower
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ocean Park Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 876
  • Amenities: Barbecue, Clubhouse-Clubroom, Laundry, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-040-0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 5, 2023
Sold by
Contreras Virginia
Bought by
Marshal Kevin and Smith Ayse
Seller's Agent
Ray Contreras
Charles Rutenberg Realty FTL
Buyer's Agent
Mina Taskiran
One Sotheby's International Realty
List Price
$417,000
Sold Price
$350,000
Premium/Discount to List
-$67,000
-16.07%
Views
439
Current Estimated Value
$413,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,861
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Barcia Manuel and Barcia Maria T
Bought by
Contreras Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2004
Sold by
Rosa Fulvio and Rosa Rosina Zuli
Bought by
Barcia Manuel and Barcia Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,080
Interest Rate
5.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marshal Kevin $350,000 Florida Title & Escrow Profess
Contreras Virginia $295,000 Attorney
Barcia Manuel $205,100 --
Barcia Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Virginia $147,500
Previous Owner Barcia Manuel $164,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $350,000 0.0% $348 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/11/2023 09/11/23 Off Market $350,000 -- --
09/06/2023 09/06/23 Price Changed $417,000 0.0% $415 / Sq Ft
09/06/2023 09/06/23 For Sale $417,000 -7.3% $415 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $450,000 -- $447 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $6,523 $374,890 -- --
2024 $5,748 $347,120 -- --
2023 $5,748 $286,165 $0 $0
2022 $4,950 $260,150 $0 $0
2021 $4,566 $236,500 $0 $0
2020 $4,162 $215,000 $0 $0
2019 $4,166 $215,000 $0 $0
2018 $4,043 $215,000 $0 $0
2017 $4,477 $235,092 $0 $0
2016 $3,997 $197,330 $0 $0
2015 $4,419 $179,391 $0 $0
2014 $3,682 $163,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11418585

MIAMI REALTORS® MLS

APN: 02-3211-040-0240

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