NOT LISTED FOR SALE

Estimated Value: $455,000 - $546,000

1 Bed
1 Bath
656 Sq Ft
$565/mo HOA Fee

Last Sold July 28, 2022

Last sale price $447,500 $682 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,931/month

62 Days on Market

Highlights

  • Ocean Front
  • Private Guards
  • Community Center
  • South Pointe Elementary School Rated A-
  • Heated Community Pool
  • 3-minute walk to Marjory Stoneman Douglas Park

About This Home

As of July 2022

Beautiful ocean views from this attractively renovated 1 bedroom 1 bathroom condo with oversized balcony in oceanfront South of Fifth Street location on the sand. Great quality and design- your perfect beach home: Modern white porcelain floors throughout, bright open kitchen with white cabinetry and granite countertops, redesigned bathroom w/large shower w/glass doors, impact windows, smoothed ceilings and more. All in the best south beach location on the ocean with heated pool and low monthly fees that include cable, internet, 24 hr security, oceanfront community room etc. Perfect home or investment. Available with or without great long-term tenant. (The unit next door is currently for sale- an opportunity to purchase units side by side and combine).

Last Listed By

Danell Van Orden

The Keyes Company License #0690489 Listed on: 05/26/2022

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,378

Year Built

  • Built in 1970

Lot Details

  • South Facing Home

HOA Fees

  • $565 Monthly HOA Fees

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 656 Sq Ft Home
  • Blinds
  • Family or Dining Combination
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Shower Only

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access

Schools

  • South Pointe Elementary School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-118-0960

Community Details

Overview

  • Mid-Rise Condominium
  • Ocean Point Condos
  • Ocean Point Condo,Ocean Point Subdivision
  • Property has 1 Level

Amenities

  • Trash Chute
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Interior Hall
  • Bike Room

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Private Guards
  • Security Guard
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,378

Year Built

Built in 1970

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN POINT CONDO,Ocean Point
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 656
  • Possible Use: Secondary
  • Stories: 11
  • Window Features: Complete Impact Glass, Blinds, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Guard At Site, Private Guards, TV Camera

Condo/Co-op/Association

  • Association Fee: 565
  • Amenities: Bike Storage, Laundry, Community Room, Elevator(s), Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe

Lot Info

  • Parcel Number: 02-42-03-118-0960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 565

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 25, 2022
Sold by
Allen Clinical Research Consulting Llc
Bought by
Hirsh Morgan
Seller's Agent
Danell Van Orden
The Keyes Company
Buyer's Agent
Wellington Cunha
Luxe Properties
List Price
$488,000
Sold Price
$447,500
Premium/Discount to List
-$40,500
-8.3%
Total Days on Market
62
Current Estimated Value
$506,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,002
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Apr 22, 2020
Sold by
Allen Paula
Bought by
Allen Clinical Research Consulting Llc

Purchase Details

Closed on
Jul 29, 2008
Sold by
Homebridge Mortgage Bankers Corp
Bought by
Allen Paula

Purchase Details

Closed on
Jan 28, 2008
Sold by
Klein William and Guembes Erika
Bought by
Homebridge Mortgage Bankers Corp

Purchase Details

Closed on
Jul 19, 1999
Sold by
Cobert Ronald F
Bought by
Klein William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
7.43%
Mortgage Type
New Conventional

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
Hirsh Morgan $447,500 Smith Brian D
Allen Clinical Research Consulting Llc -- Attorney
Allen Paula $200,000 Sovereign Title Partners Llc
Homebridge Mortgage Bankers Corp -- Attorney
Klein William $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein William $340,000
Previous Owner Klein William $204,000
Previous Owner Klein William $140,800
Previous Owner Klein William $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $447,500 -8.3% $682 / Sq Ft
05/26/2022 05/26/22 For Sale $488,000 -- $744 / 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
2024 $6,466 $369,536 -- --
2023 $6,466 $342,163 $0 $0
2022 $5,495 $292,447 $0 $0
2021 $5,378 $278,521 $0 $0
2020 $5,676 $293,180 $0 $0
2019 $5,310 $274,000 $0 $0
2018 $5,265 $288,450 $0 $0
2017 $5,120 $250,280 $0 $0
2016 $4,957 $227,528 $0 $0
2015 $4,814 $206,844 $0 $0
2014 $3,820 $188,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11212923

MIAMI REALTORS® MLS

APN: 02-4203-118-0960