NOT LISTED FOR SALE

Estimated Value: $394,000 - $458,000

1 Bed
1 Bath
410 Sq Ft
1939 Built

Sale Details

Date Sold: April 22, 2024

Last sale price $437,500 $1,067 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,405 / mo

22 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Balcony
  • South Pointe Elementary School Rated 9+
  • Community Pool
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

As of April 2024

INVESTMENT...LOCATION... Great investment opportunity with a legal AirBnB permit in South Point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ CAP rate, combined with low monthly fees. Location is unbeatable; right in the coveted South Point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (239 and 328).

Last Agent to Sell the Property

Michael Cohen

E PRO Realty License #0431448 Listed on: 03/10/2024

Last Buyer's Agent

Jim Brinker

LoKation License #3167060

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 1939

Lot Details

  • Ocean Front

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • On-Street Parking

Interior Spaces

  • 410 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Blinds
  • Laminate Flooring
  • Home Security System

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-206-0330

Community Details

Overview

  • Association fees include common areas, maintenance structure
  • Ocean Walk On South Beach Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,846

Year Built

Built in 1939

Lot Details

0 Sq Ft Lot

HOA Fees

$687 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Ocean Drive, South of 5th Street on the Beach Side.
  • Year Built: 1939
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Main Level Primary, Pantry, Separate Shower
  • Main Level Bedrooms: 1
  • Appliances: Dishwasher, Electric Range, Disposal, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Area: 410.0
  • Stories: 3
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, None
  • View: Ocean
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: None, Ocean Front
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 687.0
  • Senior Community: No
  • Amenities: Maintenance Grounds, Pool
  • Association #2 Fee: 687.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure

Lot Info

  • Parcel #: 02-42-03-206-0330
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4846.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Apr 22, 2024
Sold by
Champion813u Llc
Bought by
Oakland Grove Rentals Llc
Seller's Agent
Michael Cohen
E PRO Realty
Buyer's Agent
Jim Brinker
LoKation
List Price
$450,000
Sold Price
$437,500
Premium/Discount to List
-$12,500
-2.78%
Views
39
Current Estimated Value
$421,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,642
Avg. Annual Appreciation
-1.76%

Purchase Details

Listed on
Jul 18, 2020
Closed on
Mar 8, 2021
Sold by
335 Ocean Drive 132 Llc
Bought by
Champion813u Llc
Seller's Agent
Ted Rover
Bespoke Realty Group Miami, LLC
Buyer's Agent
Ted Rover
Bespoke Realty Group Miami, LLC
List Price
$425,000
Sold Price
$392,000
Premium/Discount to List
-$33,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
Aug 8, 2016
Sold by
Vargas Suzi A
Bought by
Ocean Drive 128 Llc

Purchase Details

Listed on
Dec 30, 2015
Closed on
May 9, 2016
Sold by
Monnar Marcel and Monnar Michelle
Bought by
335 Ocean Dr 132 Llc
Seller's Agent
Aracely Farias
One Sotheby's International Realty
Buyer's Agent
Silvia Petracchi
Beachfront Realty Inc
List Price
$359,000
Sold Price
$280,000
Premium/Discount to List
-$79,000
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
May 23, 2014
Sold by
Vargas Suzi A and Pasquerilla Lisa M Urgo
Bought by
Vargas Suzi A

Purchase Details

Listed on
Jan 16, 2013
Closed on
Mar 21, 2013
Sold by
Spiaggia 128 Llc
Bought by
Vargas Suzi A and Pasquerilla Lisa M Urgo
Seller's Agent
Aracely Farias
One Sotheby's International Realty
Buyer's Agent
Michelle Yuster
Michael Yuster, P.A.
Sold Price
$1,300

Purchase Details

Closed on
Jul 31, 2005
Sold by
South Florida Scout Holding Co
Bought by
Monnar Marcel and Monnar Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2002
Sold by
Laino William J
Bought by
South Florida Scout Co
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Oakland Grove Rentals Llc $437,500 Closing Team
Champion813u Llc $392,500 Attorney
Ocean Drive 128 Llc -- Attorney
335 Ocean Dr 132 Llc $280,000 Attorney
Vargas Suzi A -- South Florida Title Group
Vargas Suzi A $150,000 South Fl Title Group Inc
Monnar Marcel $145,000 --
South Florida Scout Co $120,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Monnar Marcel $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $437,500 -2.8% $1,067 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $450,000 +14.8% $1,098 / Sq Ft
03/08/2021 03/08/21 Sold $392,000 -7.8% $956 / Sq Ft View Prior Sale
02/04/2021 02/04/21 Pending -- -- --
07/18/2020 07/18/20 For Sale $425,000 +51.8% $1,037 / Sq Ft
05/13/2016 05/13/16 Sold $280,000 -6.4% $683 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
04/12/2016 04/12/16 Price Changed $299,000 -6.6% $729 / Sq Ft
02/18/2016 02/18/16 Price Changed $320,000 -10.9% $780 / Sq Ft
12/30/2015 12/30/15 For Sale $359,000 0.0% $876 / Sq Ft
02/20/2014 02/20/14 Rented $1,375 0.0% --
02/20/2014 02/20/14 For Rent $1,375 +5.8% --
01/16/2013 01/16/13 Rented $1,300 -3.7% --
01/16/2013 01/16/13 For Rent $1,350 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,621 $347,013 -- --
2024 $5,464 $299,149 -- --
2023 $5,464 $283,675 $0 $0
2022 $4,846 $257,887 $0 $0
2021 $5,533 $286,541 $0 $0
2020 $5,485 $286,541 $0 $0
2019 $4,958 $255,840 $0 $0
2018 $4,653 $255,930 $0 $0
2017 $4,201 $220,629 $0 $0
2016 $4,050 $167,796 $0 $0
2015 $3,361 $152,542 $0 $0
2014 $3,140 $138,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10428272

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4203-206-0330

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