Olsen Hotel, 7300 S Ocean Ter #308

$225K12.4%
$197,000
Studio
Beds
1
Baths
172
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
172 SqFt (16 m2)
Price
$1,145/SqFt ($12,329/m2)
Type
Condo
Built
1940
HOA
$248/MO
MLS Number
A10948451
View
Ocean
On Site
2149 Days
Updated
99 Days ago
Page Views
0
Excellent investment opportunity! These units stay booked! Rarely available fully furnished oceanfront studio in historic Deco Olsen Hotel/Condo. No rental restrictions. Zoned for short term rentals. Rent daily or weekly or monthly. Instant income producing property!  Low HOA of only 248.00 includes all utilities! Step on to to beach with tons of great shopping and dining, groceries and the bandshell outside your door. No mandatory hotel program required. Beautiful well maintained historic bldg with secured entry, elevator, laundry and restaurant. Get in before the Ocean Terrace redevelopment begins! Start earning instant income with this adorable top floor unit facing south with ocean view!

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Other
  • View: Ocean
Interior, Heating and Cooling
  • Interior Features: FirstFloorEntry, Other
  • Equipment / Appliances: Microwave, Refrigerator
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: Blinds
  • Year Built: 1940
  • Year Built Description: Condo-Hotel
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2020-10-26T17:36:09.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, Electricity, HotWater, Insurance, Laundry, MaintenanceGrounds, Sewer, Trash, Water
    • Taxes: 1947
    • Security Information: ElevatorSecured, LobbySecured, PhoneEntry, SmokeDetectors
    • Parking Description: None,Other
    • Total Floors in Building: 3

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    Price History

    Current
    $197K
    High
    $225K
    Low
    $197K
    Total Change
    -12.4%
    $228K$211K$194KOct 20May 21
    Date
    Event
    Price
    Change
    Price Per
    05/25/2021
    Price Reduced
    $197K
    -12.44%
    $1,145 ft2
    $12,329 m2
    10/26/2020
    Listed
    $225K
     
    $1,308 ft2
    $14,081 m2
    05/25/2021
    $197K
    Event
    Price Reduced
    Change
    -12.44%
    Price Per
    $1,145 ft2
    $12,329 m2
    10/26/2020
    $225K
    Event
    Listed
    Price Per
    $1,308 ft2
    $14,081 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by James BoggsElite Sales Group • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    93

    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
    75

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    31

    100
    Local Score
    Limited local amenities nearby
    1

    100
    Community Snapshot
    Studio – 0 BR
    Bedrooms
    $49.9M – $49.9M
    Price Tier
    172 - 344
    SqFt Range
    1940
    Year Build
    3
    Total Floors

    Subdivision Amenities

    Elevators
    Laundry
    None
    Trash