Sold for $400,000

$400,000

1052 Ocean Dr #C504, Miami Beach, FL 33139

0beds

438sqft

Condominium

Built in 2005

-- sqft lot

$386,600 Zestimate^®

$913/sqft

$2,008 Estimated rent

Home value

$386,600

$356,000 - $421,000

$2,008/mo

Zestimate^® history

Owner options

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$2,008/mo

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$2,008/mo

Rent Zestimate^®

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$4,069/mo

Est. payment

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$4,069/mo

Est. payment

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What's special

This condo hotel building unit allows daily rentals. This studio unit with 1 bath (actual size is 518 sq ft per appraisal/seller) is located directly on Ocean Drive, in the heart of South Beach, is walking distance to the beach, restaurants, shopping, and bars. Building has a rooftop terrace with swimming pool, lounge chairs, and a bar overlooking Ocean Dr. This turn key unit is being sold furnished and has a kitchenette, balcony, water and beach view, wood floors, floor to ceiling impact window/siding door to balcony. The bathroom features a soaking tub and shower. Building maintenance ($1242.17/month) includes building insurance, common areas, electric, cooling and internet, water, pool, etc. Unit can be rented thru hotel program or rented on your own.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Microwave, Other, Refrigerator

Features

Flooring: Wood
Doors: High Impact Doors

Interior area

Total structure area: 438
Total interior livable area: 438 sqft

Property

Parking

Parking features: None

Features

Exterior features: Other
Pool features: Association
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Details

Parcel number: 0242033020630
Other equipment: Other

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2005

Community & HOA

Community

Security: Fire Sprinkler System, Doorman, Card Entry, Lobby Secured
Application fee: $150
Subdivision: The Strand On Ocean Drive

HOA

Has HOA: Yes
Amenities included: Elevator(s), Exterior Lighting, Pool, Trash
HOA fee: $1,242 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $913/sqft
Annual tax amount: $4,782
Date on market: 10/4/2023
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
1/19/2024	Sold	$400,000-10.9%$913/sqft
Source: MIAMI #A11457380 Report a problem
1/8/2024	Pending sale	$449,000$1,025/sqft
Source: MIAMI #A11457380 Report a problem
12/5/2023	Price change	$449,000-7.4%$1,025/sqft
Source: MIAMI #A11457380 Report a problem
10/25/2023	Price change	$485,000-11.7%$1,107/sqft
Source: MIAMI #A11457380 Report a problem
10/4/2023	Listed for sale	$549,000+8.7%$1,253/sqft
Source: MIAMI #A11457380 Report a problem
12/30/2005	Sold	$504,900$1,153/sqft
Source: Public Record Report a problem