NOT LISTED FOR SALE

Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $304,000 - $534,504

Studio
1 Bath
467 Sq Ft
$1,327/ mo HOA Fee

Last Sold September 05, 2023

Last sale price $350,000 $749 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,804/month

21 Days on Market

Highlights

  • Bar or Lounge
  • Community Pool
  • Studio bedroom
  • Furnished
  • Elevator
  • 2-minute walk to Lummus Park

About This Home

As of September 2023

3rd-floor studio apartment with a balcony in a well-maintained building. Maintenance fee includes all utilities: electricity, internet, wifi, cable TV. No rental restrictions allow for flexible usage, including short-term leasing through Airbnb. This provides an excellent investment opportunity for potential buyers.

Last Agent to Sell the Property

Irina Dyagleva

Vera Realty LLC License #3265193 Listed on: 07/31/2023

Vera Realty LLC

Last Buyer's Agent

Irina Dyagleva

Vera Realty LLC License #3265193 Listed on: 07/31/2023

Vera Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1964

HOA Fees

  • $1,327 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 3rd floor

Interior Spaces

  • 467 Sq Ft Home
  • Furnished

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-302-0220

Community Details

Overview

  • The Strand Condos
  • The Strand On Ocean Drive Subdivision
  • 5-Story Property

Amenities

  • Bar or Lounge
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,711

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$1,327 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 467
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: Studio

Exterior Features

  • View: None
  • Exterior Features: Other
  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE STRAND
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Other

Condo/Co-op/Association

  • Association Fee: 1327
  • Amenities: Bar, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-302-0220
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3711

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Aug 5, 2023
Sold by
Nlt Investments Inc
Bought by
Panda777 Llc and Natavan Llc
Seller's Agent
Irina Dyagleva
Vera Realty LLC
Buyer's Agent
Irina Dyagleva
Vera Realty LLC
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%
Views
82
Current Estimated Value
$399,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,529
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Dec 19, 2019
Sold by
Sontag Cary and Mastr Alternative Loan Trust
Bought by
Nlt Investments Inc

Purchase Details

Closed on
Apr 4, 2018
Sold by
Sontag Cary
Bought by
The Strand On Ocean Drive Condominium As

Purchase Details

Closed on
Jun 6, 2013
Sold by
Sontag Hilary Lacher
Bought by
Sontag Cary and Sontag Phillip

Purchase Details

Closed on
Aug 25, 2005
Sold by
Ocean Blvd Llc
Bought by
Sontag Daniel and Sontag Hilary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,400
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Panda777 Llc $350,000 Clear Title
Panda777 Llc $350,000 Clear Title
Nlt Investments Inc $219,600 None Available
The Strand On Ocean Drive Condominium As $45,100 None Available
Sontag Cary -- None Available
Sontag Daniel $297,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sontag Daniel $223,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $350,000 -9.1% $749 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $385,000 -7.2% $824 / Sq Ft
07/31/2023 07/31/23 For Sale $415,000 -- $889 / 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 $5,046 $289,540 -- --
2024 $4,167 $268,525 -- --
2023 $4,167 $210,544 $0 $0
2022 $3,711 $191,404 $0 $0
2021 $3,360 $174,004 $0 $0
2020 $3,662 $189,135 $0 $0
2019 $3,665 $189,135 $0 $0
2018 $3,785 $201,277 $0 $0
2017 $3,833 $201,277 $0 $0
2016 $4,450 $205,266 $0 $0
2015 $4,321 $186,606 $0 $0
2014 $3,956 $169,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Irina Dyagleva

    Vera Realty LLC

    (305) 975-0354

    14 in this area

    21 Total Sales

    Irina Dyagleva
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Source: MIAMI REALTORS® MLS

MLS Number: A11428160

MIAMI REALTORS® MLS

APN: 02-4203-302-0220

Florida Miami/Dade County Miami Beach 33139

Lummus Park

Not Listed for Sale

Condos

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