NOT LISTED FOR SALE

Estimated Value: $450,000 - $645,000

1 Bed
1 Bath
600 Sq Ft
$501/mo HOA Fee

Last Sold November 03, 2021

Last sale price $430,000 $717 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,256/month

102 Days on Market

Highlights

  • Ocean Front
  • Newly Remodeled
  • Balcony
  • Intercom to Front Desk
  • Furnished
  • 3-minute walk to Lummus Park

About This Home

As of November 2021

Take fun in the sun to a whole new level in this vibrant Miami Beach condo! Located right on Ocean Drive & right across the street from the beach, in the famous South Beach neighborhood. Fully furnished w/ unique décor. Full kitchen w/ stainless steel appliances & dark cabinetry. Large 1 bed includes a queen-size bed and a great deal of natural lighting. Contemporary full bath with standalone tile shower. From your balcony, watch all the action of Miami Beach with views of Ocean Drive right below! Short Term rentals allowed!!

Last Agent to Sell the Property

Flor Rodriguez

Coldwell Banker Realty License #3409270 Listed on: 07/01/2021

Coldwell Banker Realty

Co-Listed By

Bill Hahne

Coldwell Banker Realty License #0688245

Last Buyer's Agent

Flor Rodriguez

Coldwell Banker Realty License #3409270 Listed on: 07/01/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,931

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $501 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 600 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tile Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-212-0090

Community Details

Overview

  • Low-Rise Condominium
  • 918 Ocean Drive Condos
  • 918 Ocean Drive Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Secure Lobby

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Maintenance Expense $1,240
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,931

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Co List Office Mls Id: HAHN01
  • Co List Office Phone: 305-851-2222
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 918 OCEAN DRIVE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Other Equipment/Appliances, Refrigerator, Wall Oven
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 600
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 918 Ocean Drive
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1502
  • Amenities: Elevator(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-212-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1240

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Nov 3, 2021
Sold by
Sb View Llc
Bought by
Serra Fabrizio
Seller's Agent
Flor Rodriguez
Coldwell Banker Realty
Buyer's Agent
Flor Rodriguez
Coldwell Banker Realty
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%
Current Estimated Value
$549,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,224
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Feb 5, 2014
Sold by
Ambasht Saket K and Ambasht Nishi R
Bought by
Sb View Llc

Purchase Details

Listed on
Dec 26, 2012
Closed on
Feb 4, 2013
Sold by
Martinos Group Llc
Bought by
Ambasht Saket K and Ambasht Nishi R
Seller's Agent
Marina Rojas-Gibson
Elite Ocean View Realty LLC
Buyer's Agent
Marina Rojas-Gibson
Elite Ocean View Realty LLC
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Grand 1248 1849 Llc
Bought by
Martinos Group Llc

Purchase Details

Closed on
Oct 15, 2009
Sold by
King James L and King Gail
Bought by
The Grand 1248 1849 Llc

Purchase Details

Closed on
Sep 24, 2004
Sold by
Laurence Investments Llc
Bought by
King James L and King Gail

Purchase Details

Closed on
Aug 1, 2003
Sold by
Art One Corp
Bought by
Laurence Investments Llc

Purchase Details

Closed on
Jun 20, 1997
Sold by
Mercator Usa Inc
Bought by
Art One Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
7.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Serra Fabrizio $430,000 Smart International Ttl Llc
Sb View Llc -- Attorney
Ambasht Saket K $300,000 Attorney
Martinos Group Llc -- None Available
The Grand 1248 1849 Llc $240,000 None Available
King James L $269,000 --
Laurence Investments Llc $180,000 --
Art One Corp $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Art One Corp $168,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $430,000 -13.1% $717 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $495,000 0.0% $825 / Sq Ft
08/04/2021 08/04/21 For Sale $495,000 +15.1% $825 / Sq Ft
07/21/2021 07/21/21 Off Market $430,000 -- --
07/01/2021 07/01/21 For Sale $529,000 +76.3% $882 / Sq Ft
02/04/2013 02/04/13 Sold $300,000 -6.3% $500 / Sq Ft
01/21/2013 01/21/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $320,000 -- $533 / 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 $9,157 $462,202 -- --
2024 $8,381 $420,184 -- --
2023 $8,381 $381,986 $0 $0
2022 $6,525 $347,260 $0 $0
2021 $6,912 $358,000 $0 $0
2020 $6,931 $358,000 $0 $0
2019 $6,937 $358,000 $0 $0
2018 $6,737 $358,248 $0 $0
2017 $6,822 $358,248 $0 $0
2016 $6,959 $358,248 $0 $0
2015 $6,452 $325,680 $0 $0
2014 $5,514 $271,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11064994

MIAMI REALTORS® MLS

APN: 02-4203-212-0090