Home » Miami Beach » Ocean Point at 345 Ocean Dr Miami Beach » 345 Ocean Dr 525, Miami Beach, FL 33139 | A11385492

345 Ocean Dr 525, Miami Beach, FL 33139 | Sold

$390,000
closed for a price of $370,000

Property Highlights

Listing ID A11385492 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 605 Sqft/56.21 m2 approx. Building Area 605 Sqft/56.21 m2 approx. COMMUNITY POOL Year Built 1970 Waterfront Has view of the Ocean Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 134 Days
26 Photos of this Property

345 Ocean Dr 525, Miami Beach, FL 33139

Property Description: This lovely remodeled 605 SF large Studio apartment is on the beach located South of 5th on the iconic and famous Ocean Drive. A large room with a bay window opening onto a balcony facing the ocean. An open kitchen, a bedroom separated from the living room by a glass window and a beautiful bathroom with bathtub and a washer/ Dryer. Video surveillance and guarding 24/7, a pool overlooking the beach with direct access and a gym are some of the services and amenities offered at Ocean Point Condo. Special assessments for the complete renovation in progress, including a new lobby, new hallways, new elevator, new impact windows, and new balconies are paid by the Seller. This flawless Pied a Terre is a perfect combination for the Miami Beach Lifestyle.

Useful Info

Contingency:No Contingencies
Original List Price:$390,000
Close Price:$370,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Ocean Point at 345 Ocean Dr Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:10

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
  • City
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
  • No Fixed Bridges
  • Other
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Security Guard
  • Lobby Secured
  • Closed Circuit Camera(s)
  • Complex Fenced
  • Phone Entry
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Self Cleaning Oven
Interior Features:
  • High Ceilings
  • Closet Cabinetry
  • Custom Mirrors
  • Skylights
  • Elevator
Exterior Features:
  • Fence
  • Barbecue
  • Balcony
  • Courtyard
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
  • Skylight(s)
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,699

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 Frequency:
  • Monthly
Association Fee 3rd HOA:$712
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Other
Buyer Financing:
  • Cash
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Laundry
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:OCEAN POINT CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Insurance
  • Amenities
  • Laundry
Complex Name:Ocean Point Condo
Senior Community:No
Development Name:Ocean Point Condo
Restrictions: No Lease 1st Year Owned

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Other

Utilities

Electric:
  • Fuses
Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View,Direct Ocean,Skyline View,Water View
Housing Older Persons Act: No HOPA
Water Access: Deeded Beach Access
Unit Design: Corner Unit
Type of Association: Homeowners
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects City & County Tax
Buyer Country of Residence: Unknown/Withheld
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
Number of Ceiling Fans: 0
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 118

Zoning and Legal

Tax Legal Description:OCEAN POINT CONDO UNIT 525 FIFTH FLOOR UNDIV .00343% INT IN COMMON ELEMENTS CLERKS FILE 70R-16950 OR 19002-445 1299 1 COC 21958-2441 01 2004
Real Estate Folio Number (Parcel Number):02-42-03-118-0880
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:May 10, 2023 2:04 pm
On Market Date:May 10, 2023
Close Date:September 21, 2023
Price Change Date Time:May 10, 2023 1:34 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 28, 2023 12:09 pm
Status Last Changed:September 28, 2023 12:09 pm
Photos Last Modified:June 9, 2023 9:42 pm
Last Modified:September 28, 2023 4:09 pm
Days on the Market (updated on Last Modified*):110
Cumulative Days on the Market (updated on Last Modified**):110

Additional Information

Unit Location:Corner Unit
Number of Photos Count:26
Area:42
Ref ID:1037373313
Automated Valuation Display:Yes
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12025-N-0242031180880-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:345
Street Address:345 Ocean Dr 525
Unit Number:525
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:345 Ocean Dr 525, Miami Beach, FL 33139
Latitude:N25° 46' 22.4''
Longitude:W81° 52' 6.2''

Neighborhood

Postal City:Miami Beach
City Region:South Gables

Property Map

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