Closed

Ocean Point, 345 Ocean Dr #401, Miami Beach, FL 33139

369,000(-2.44% )
1Beds
1Baths
648SqFt

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Details

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Status:
Sold - Jul 17, 2023
Parking: No info
Size: 648 SqFt (60 m2)
Price: $556/SqFt ($5,980/m2)
Type: Condo
Built: 1970
HOA: $733/MO
MLS Number: A11367632
View: City
On Site: 853 Days
Updated: 755 Days ago
Page Views: 0
Fantastic opportunity for a huge increase in value: building is getting a new remodel which includes impact windows & doors, balcony railings, weatherproofing, painting of the exterior, new building entrance & lobbies, new hallways, roof, and gym to go along with the elevators & heated pool already completed. 40 year recertification is already done as well. Seller is paying the special assessment of over $40,000 in full. Amazing upside for the buyer. Unit is in need of decorative upgrades & is a corner unit with a second window in the bedroom– perfect opportunity to make this spacious 1 bed into 2 sleeping areas both with windows. Washer/dryer is allowed. Renting ok after one year so the timing is perfect to make the unit of your dreams in the perfect oceanfront south of 5th st building.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors
  • View: City
Interior, Heating and Cooling
  • Interior Features: FamilyDiningRoom, Other, WalkInClosets
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Drapes
  • Year Built: 1970
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: South Pointe
Other Property Info
  • Garage: No info
  • Listing Date: 2023-04-12T22:50:37.000-00:00
  • Directions: West
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTV, Insurance, Internet, Laundry, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Sewer, Security, Trash, Water
  • Taxes: 4408
  • Parking Description: OnStreet
  • Total Floors in Building: 11

Price History

07/17/2023

Date

Sold

Event

$360K

Price

-2.44%

Change Rate

$556 ft2 / $5,980 m2

Price Per

04/05/2023

Date

Listed

Event

$369K

Price

$569 ft2 / $6,129 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Danell Van OrdenThe Keyes Company • Buyer Agency Compensation .

Instant Comps

$400/ft²
$700/ft²
$1,200/ft²
$1,600/ft²

Unit #401 – Asking

$556/ft²

(-26%) from Closed Medium $/ft²

Closed Medium $/ft²

$747/ft²
Community $/Price Range (Closed) $716/ft² – $1453/ft²
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