Home » Miami Beach » 1390 Ocean Condo at 1390 Ocean Dr Miami Beach » 1390 Ocean Drive 502, Miami Beach, FL 33139 | A11435472

1390 Ocean Drive 502, Miami Beach, FL 33139 | Sold

$315,000
closed for a price of $290,000

Property Highlights

Listing ID A11435472 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 540 Sqft/50.17 m2 approx. Building Area 540 Sqft/50.17 m2 approx. COMMUNITY POOL Year Built 1965 Lease Term Minimum Duration: 181 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 181 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 107 Days
24 Photos of this Property

1390 Ocean Drive 502, Miami Beach, FL 33139

Property Description: Location, Location, Location! Directly on the world-famous Ocean Drive directly across from the sand and Lummus PARK in the heart of South Beach. The unit features lots of light and windows: tastefully furnished & beautifully renovated with immaculate detail & touch. This iconic building is one-of-a-kind residential building on Ocean Drive, a master piece of Art-Deco History in South Beach, and the perfect place to enjoy all that Miami Beach has to offer. Gated Parking lot, elevator, laundry services, Storage unit on each floor shared with residents., Bike/board storage room, Pool & tropical Garden & Grill. Well managed building with 10% reserves

Residential Condominium Sold located at 1390 Ocean Drive 502 Miami Beach FL 33139 in Miami-Dade County referenced as ID MLS # A11435472. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$330,000
Original List Price:$330,000
Close Price:$290,000

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:
  • Ceramic Tile
Number of stories:5
Number of Units in the Community or Building:33

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Lobby Secured
  • Complex Fenced
  • Intercom
Appliances:
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,570

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:$615
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
Subdivision Name:1390 OCEAN DRIVE CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Association Management
  • Insurance
  • Reserve Fund
  • Internet
  • Legal/accounting
  • Amenities
  • Laundry
Complex Name:1390 Ocean Drive Condo
Senior Community:No
Restrictions: No Lease 1st Year Owned

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit
Type of Association: Condo
Minimum Number of Days for Lease: 181
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 75
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:1390 OCEAN DRIVE CONDO UNIT 502 UNDIV 2.7660 INT IN COMMON ELEMENTS OFF REC 13622-2103 OR 15635-2623 0792 1 COC 21858-0909 11 2003 1
Real Estate Folio Number (Parcel Number):02-32-34-075-0100
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:August 14, 2023 10:46 am
On Market Date:August 14, 2023
Close Date:November 29, 2023
Price Change Date Time:September 26, 2023 11:09 am
Last Important Update Description:Closed
Date and Time of Last Important Update:November 30, 2023 4:02 pm
Status Last Changed:November 30, 2023 4:02 pm
Photos Last Modified:August 14, 2023 3:21 pm
Last Modified:November 30, 2023 9:02 pm
Days on the Market (updated on Last Modified*):67
Cumulative Days on the Market (updated on Last Modified**):158

Additional Information

Unit Location:Corner Unit
Number of Photos Count:24
Area:32
Ref ID:1041335307
Automated Valuation Display:Yes
Courtesy of:The Keyes Company
Universal Property Id:US-12025-N-0232340750100-R-N

Location

Show Property Address:Yes
Street Name:Ocean Drive
Street Number:1390
Street Address:1390 Ocean Drive 502
Unit Number:502
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1390 Ocean Drive 502, Miami Beach, FL 33139
Latitude:N25° 47' 6''
Longitude:W81° 52' 11.7''

Neighborhood

Postal City:Miami Beach

Property Map

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