Home » Miami Beach » The Strand on Ocean Drive at 1060 Ocean Dr Miami Beach » 1060 Ocean Dr D201, Miami Beach, Florida 33139 | A11358065

1060 Ocean Dr D201, Miami Beach, Florida 33139 | Sold

$410,000
closed for a price of $410,000

Property Highlights

Listing ID A11358065 Status of this Listing: Closed Sold Property Type Residential Hotel/motel 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 441 Sqft/40.97 m2 approx. Building Area 441 Sqft/40.97 m2 approx. Year Built 1934 Waterfront Has view of the Ocean Time of this property from published date until Closing Date 36 Days
4 Photos of this Property

1060 Ocean Dr D201, Miami Beach, Florida 33139

Property Description: An exceptional opportunity for investors! This one bedroom, one bathroom condo-hotel on Ocean Drive has undergone a tasteful renovation and features a generously-sized terrace. With the capacity to accommodate up to four guests per night, the unit is fully furnished and ready to generate income as a rental property. You can enjoy the best of Miami Beach living with no rental restrictions and the option to use Airbnb. This is your chance to own a piece of Art Deco history in Miami Beach, which is renowned for its iconic Art Deco architecture. The property 's prime location, adjacent to the famous Versace Mansion in the heart of South Beach, makes it even more desirable

Useful Info

Contingency:Pending Inspections
Original List Price:$410,000
Close Price:$410,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:4
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Security:
  • Smoke Detector(s)
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
  • Family/dining Room
  • Elevator
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,706

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$1,168
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:THE STRAND ON OCEAN DRIVE
Association Fee Includes:
  • Amenities
Complex Name:Congress Hotel
Senior Community:No
Development Name:THE STRAND ON OCEAN
Restrictions: OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Valet
  • None

More Details

Other Information:
Unit View: Ocean View,Direct Ocean
Housing Older Persons Act: No HOPA
Water Access: None
Unit Design: Corner Unit,East Of Us1
Type of Association: Condo
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Buyer Country of Residence: Unknown/Withheld
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 302

Zoning and Legal

Tax Legal Description:THE STRAND ON OCEAN DRIVE CONDO UNIT D201 BLDG 1060 UNDIV 0.803255540% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24396-1232 08 2005 1
Real Estate Folio Number (Parcel Number):02-42-03-302-0700
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:March 16, 2023 12:00 am
On Market Date:March 16, 2023
Close Date:April 21, 2023
Price Change Date Time:March 16, 2023 1:29 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 24, 2023 10:55 am
Status Last Changed:April 24, 2023 10:55 am
Photos Last Modified:March 16, 2023 8:33 pm
Last Modified:April 24, 2023 2:56 pm
Days on the Market (updated on Last Modified*):5
Cumulative Days on the Market (updated on Last Modified**):5

Additional Information

Unit Location:Corner Unit,East Of Us1
Number of Photos Count:4
Area:42
Ref ID:1034406339
Courtesy of:United Realty Group Inc
Universal Property Id:US-12025-N-0242033020700-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:1060
Street Address:1060 Ocean Dr D201
Unit Number:D201
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1060 Ocean Dr D201, Miami Beach, Florida 33139
Latitude:N25° 46' 52.1''
Longitude:W81° 52' 9.8''

Neighborhood

Postal City:Miami Beach

Property Map

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