NOT LISTED FOR SALE

Estimated Value: $384,000 - $1,408,451

1 Bed
1 Bath
491 Sq Ft
$701/mo HOA Fee

Last Sold August 06, 2013

Last sale price $485,000 $988 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,407/month

308 Days on Market

Highlights

  • Valet Parking
  • Furnished
  • Porch
  • Ocean Front
  • Community Pool
  • 2-minute walk to Lummus Park

About This Home

As of August 2013

This extraordinary ocean-front location offers you 86 luxury residences. Comes completely furnished by award winning Luminaire and features imported European custom cabinetry, granite countertops, custom soaking tubs, oversized terrace and flat screen tel evision. It also features an exclusive roof top deck pool with panoramic 360 views, in-home dining and optional resort rental services including concierge and maid service.Contact LA for showing and details

Last Agent to Sell the Property

Anna Sherrill

One Sotheby's International Re License #0692650 Listed on: 08/21/2012

Co-Listed By

Zaida Navarrete Dudash

Douglas Elliman License #3121209

Last Buyer's Agent

Patricio Davy

Gimeza A Real Estate Corp. License #0682081

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,178

Year Built

  • Built in 2005

HOA Fees

  • $701 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 491 Sq Ft Home
  • Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Porch
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0510

Community Details

Overview

  • The Strand On Ocean Driv Condos
  • 5-Story Property

Amenities

  • Valet Parking
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,178

Year Built

Built in 2005

Lot Details

0

HOA Fees

$701 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished, Furnished
  • Living Area: 491
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Strand on Ocean Driv
  • Parking Features: Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 701
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-302-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 701

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Aug 5, 2013
Sold by
Mgv Holdings Llc
Bought by
Trexar Inc
Seller's Agent
Anna Sherrill
One Sotheby's International Re
Buyer's Agent
Patricio Davy
Gimeza A Real Estate Corp.
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$766,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,480
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Mar 2, 2009
Sold by
Labrada Emilio B
Bought by
Mgv Holdings Llc

Purchase Details

Closed on
Nov 22, 2005
Sold by
Ocean Blvd Llc
Bought by
Labrada Emilio B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,425
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Trexar Inc $485,000 Attorney
Mgv Holdings Llc $508,000 Attorney
Labrada Emilio B $701,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labrada Emilio B $526,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $485,000 -7.6% $988 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
08/21/2012 08/21/12 For Sale $525,000 -- $1,069 / 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 $5,674 $319,150 -- --
2024 $8,388 $301,965 -- --
2023 $8,388 $443,864 $0 $0
2022 $8,323 $431,323 $0 $0
2021 $7,923 $392,112 $0 $0
2020 $7,363 $421,278 $0 $0
2019 $6,280 $324,060 $0 $0
2018 $6,480 $344,682 $0 $0
2017 $5,965 $313,258 $0 $0
2016 $7,153 $368,250 $0 $0
2015 $7,296 $368,250 $0 $0
2014 $7,482 $368,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1679453

MIAMI REALTORS® MLS

APN: 02-4203-302-0510