$285,000
$35K PRICE DROP

Estimated payment $2,213/month

Total Views 3,075
-- Bed
1 Bath
430 Sq Ft
$663 Price per Sq Ft

Highlights

  • Garden View
  • Porch
  • Cooling System Mounted To A Wall/Window
  • South Pointe Elementary School Rated A-
  • High Impact Door
  • 2-minute walk to Washington Dog Park & Annex

About This Home

NEWLY RENOVATED STUDIO LOCATED IN PRIME RESIDENTIAL NEIGHBORHOOD KNOWN AS "SOUTH OF FIFTH" JUST 1 BLOCK AWAY FROM THE BEACH!
WALK TO RESTAURANTS, BARS, BEACH, PARK AND ALL THAT SOUTH BEACH HAS TO OFFER.
GREAT INCOME PROPERTY THAT RENTS EASILY! COLLECTS ABOUT $1,900 PER MONTH.
NO SHORT TERM RENTALS ALLOWED.

Listing Agent

Martin Urruela

Marela Properties, LLC License #3258808

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1950

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 430 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Garden Views
  • Gas Range

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard
  • Outdoor Grill
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-088-0230

Community Details

Overview

  • 36 Units
  • Ocean Terrace Condos
  • Ocean Terrace Co Op Apts Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,660

Year Built

Built in 1950

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Stock Cooperative
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 1-4 Stories, Co-Op
  • Subdivision Name: OCEAN TERRACE CO-OP APTS
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Pantry
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 430
  • Other Equipment: Natural Gas
  • Stories: 2
  • Bedroom Features: Studio

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk, Barbeque, Courtyard
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Ocean Terrace
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced

Condo/Co-op/Association

  • Association Fee: 400
  • Amenities: Barbecue, Laundry, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-03-088-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2660

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Price Changed $285,000 -4.7% $663 / Sq Ft
06/19/2024 06/19/24 Price Changed $299,000 -6.6% $695 / Sq Ft
04/30/2024 04/30/24 For Sale $320,000 +100.0% $744 / Sq Ft
07/08/2014 07/08/14 Sold $160,000 -4.8% $372 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $167,999 -- $391 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Deed $160,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11578835

MIAMI REALTORS® MLS

APN: 02-4203-088-0230