Ocean Towers, 158 Ocean Dr #406

$320K10.3%
$287,000
Studio
Beds
1
Baths
400
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
400 SqFt (37 m2)
Price
$718/SqFt ($7,723/m2)
Type
Co-Op
Built
1961
HOA
$754/MO
MLS Number
A11609788
View
Garden
On Site
818 Days
Updated
714 Days ago
Page Views
0
Studio on famous Ocean Dr. in the coveted South of 5th St. neighborhood. Walking distance to everything SouthBeach can offer: night clubs, bars, fine dining, shopping centers, houses of worship, parks, and most importantly the unit is right across from the beach. Perfect income producing investment property. Unit is currently rented at$1800. Association allows rentals the same year after purchase. No short term rentals allowed (Airbnb). Building has its own covered parking lot, but spaces are rented by the HOA. No pets allowed. Maintenance is paid quarterly. Building just obtained its 40 year recertification. CALL OWNER FOR SHOWINGS with 24 hour prior notice, Mon-Fri 10am-6pm. Owner has 2 other units in the building for sale, one is next to this unit.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Porch
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: FirstFloorEntry
  • Equipment / Appliances: GasRange, Refrigerator
  • Heating Description: WallFurnace
  • Cooling Description: WallWindowUnits
Building and Construction
  • Floor Description: Tile
  • Year Built: 1961
  • Year Built Description: Effective Year Built
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-06-19T16:03:26.000-00:00
    • Pets Allowed: No
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, Laundry, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Roof, Sewer, Security, Water
    • Taxes: 3054
    • Security Information: SecuredGarageParking, LobbySecured
    • Parking Description: Covered, Underground, Leased, OnStreet
    • Total Floors in Building: 4

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    Price History

    Current
    $287K
    High
    $320K
    Low
    $287K
    Total Change
    -10.3%
    $324K$304K$283KJun 24Jul 24
    Date
    Event
    Price
    Change
    Price Per
    07/11/2024
    Price Reduced
    $287K
    -10.31%
    $718 ft2
    $7,723 m2
    06/19/2024
    Listed
    $320K
     
    $800 ft2
    $8,611 m2
    07/11/2024
    $287K
    Event
    Price Reduced
    Change
    -10.31%
    Price Per
    $718 ft2
    $7,723 m2
    06/19/2024
    $320K
    Event
    Listed
    Price Per
    $800 ft2
    $8,611 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Martin UrruelaMarela Properties, LLC • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    91

    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    48

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    76

    100
    Sound Score®
    Bearable noise
    76

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    33

    100
    Local Score
    Limited local amenities nearby
    1

    100
    Community Snapshot
    400 - 800
    SqFt Range
    1961
    Year Build
    4
    Total Floors

    Subdivision Amenities

    Barbecue
    Bike Storage
    Clubhouse
    Elevators
    Laundry
    None
    Pier

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos