NOT LISTED FOR SALE

Estimated Value: $207,000 - $250,000

Studio
1 Bath
240 Sq Ft
$250/ mo HOA Fee

Last Sold May 14, 2018

Last sale price $140,000 $583 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,671/month

37 Days on Market

Highlights

  • Beach Access
  • Wood Flooring
  • Furnished
  • North Beach Elementary School Rated A-
  • Main Floor Bedroom
  • 3-minute walk to 36th Street Park

About This Home

As of May 2018

Cozy remodeled studio in an art deco building, located in the heart of Miami Beach. Across the street from the board walk and the ocean. Surrounded by multi million dollar condos, restaurants, and South Beach night life. There are no rental restrictions. Excellent chance for investors or a second home weekend get away.

Last Agent to Sell the Property

Sylvia Gross PA

CVR Realty License #0692265 Listed on: 03/08/2018

Last Buyer's Agent

Sylvia Gross PA

CVR Realty License #0692265 Listed on: 03/08/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1938 | Remodeled

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Aluminum Siding

Interior Spaces

  • 240 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Beach Access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-037-0370

Community Details

Overview

  • Low-Rise Condominium
  • Ocean Villas Condo
  • Ocean Villas Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Additional Features

  • Laundry Facilities
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,134

Year Built

Built in 1938 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Condominium
  • Directions: Collins av. and 37th St.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OCEAN VILLAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 240
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Other
  • Construction Type: Aluminum Siding
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN VILLAS CONDO
  • Parking Features: Other

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 250
  • Amenities: Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-037-0370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2134

Multi Family

  • Maintenance Expense: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 14, 2018
Sold by
Almiron Hernan
Bought by
Divina Property Assistance Llc
Seller's Agent
Sylvia Gross PA
CVR Realty
Buyer's Agent
Sylvia Gross PA
CVR Realty
List Price
$150
Sold Price
$140,000
Premium/Discount to List
$139,850
93233.33%
Current Estimated Value
$221,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,204
Avg. Annual Appreciation
6.00%

Purchase Details

Listed on
Dec 3, 2015
Closed on
Feb 16, 2016
Sold by
Coast Company Inc
Bought by
Almiron Hernan
Seller's Agent
Nancy Ferreira
MMLS Assoc.-Inactive Member
Buyer's Agent
Sebastian Pappalettera
Infinite Projects Realty, LLC.
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%

Purchase Details

Closed on
Sep 11, 2015
Sold by
Morgan David T
Bought by
Coast Company Inc

Purchase Details

Closed on
Oct 29, 2004
Sold by
Dorian Real Estate Management Inc
Bought by
Morgan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
7.74%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 5, 2001
Sold by
Federal National Mortgage Assn C
Bought by
Dorian Real Estates Management

Purchase Details

Closed on
Nov 22, 2000
Sold by
Clerk Of Court
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 1995
Sold by
Ocean Villas Limited Partnership
Bought by
Vega Norma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Divina Property Assistance Llc $140,000 Attorney
Almiron Hernan $145,000 Extreme Title Services Inc
Coast Company Inc $105,100 None Available
Morgan David $78,000 Central Florida True Title
Dorian Real Estates Management $33,500 --
Federal National Mortgage Association -- --
Vega Norma M $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan David $74,100
Previous Owner Vega Norma M $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2018 05/14/18 Sold $140,000 -6.7% $583 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $150,000 +99900.0% $625 / Sq Ft
03/08/2018 03/08/18 For Sale $150 -99.9% $1 / Sq Ft
02/15/2016 02/15/16 Sold $145,000 -3.3% $604 / Sq Ft View Prior Sale
01/13/2016 01/13/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $149,900 -- $625 / 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 $3,243 $179,127 -- --
2024 $2,916 $162,866 -- --
2023 $2,916 $148,060 $0 $0
2022 $2,537 $134,600 $0 $0
2021 $2,363 $122,364 $0 $0
2020 $2,300 $118,800 $0 $0
2019 $2,301 $118,761 $0 $0
2018 $2,233 $118,761 $0 $0
2017 $2,134 $112,039 $0 $0
2016 $2,093 $107,730 $0 $0
2015 $1,337 $47,335 $0 $0
2014 $1,061 $43,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10431939

MIAMI REALTORS® MLS

APN: 02-3226-037-0370

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