NOT LISTED FOR SALE

1024 Ocean Dr Unit A306 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $258,000 - $340,431

Studio
1 Bath
467 Sq Ft
1964 Built

Sale Details

Date Sold: September 5, 2023

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

Est. 11% decrease in value since last sale

Current estimated payment $3,432 / mo

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

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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Aug 5, 2023
Sold by
Bought by
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
$312,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,523
Avg. Annual Appreciation
-4.05%

Purchase Details

Closed on
Dec 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bought by

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

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
$350,000 Clear Title
$350,000 Clear Title
$219,600 None Available
$45,100 None Available
-- None Available
$297,900 First American Title Ins Co
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 $223,400
Source: Public Records

Property 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 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

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

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

    13 in this area

    20 Total Sales

    Irina Dyagleva
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11428160

MIAMI REALTORS® MLS

APN: 02-4203-302-0220

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1024 Ocean Dr Unit A306, Miami Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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