Home » Miami Beach » Ocean Point at 345 Ocean Dr Miami Beach » 345 Ocean Dr 507, Miami Beach, FL 33139 | A11436733

345 Ocean Dr 507, Miami Beach, FL 33139 | Sold

$415,000
closed for a price of $390,000

Property Highlights

Listing ID A11436733 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 656 Sqft/60.94 m2 approx. Building Area 656 Sqft/60.94 m2 approx. COMMUNITY POOL Year Built 1970 Lease Term Minimum Duration: 365 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 365 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 105 Days
41 Photos of this Property

345 Ocean Dr 507, Miami Beach, FL 33139

Property Description: Welcome to Ocean Point: Your Beachfront Haven. Nestled along the iconic Ocean Dr in the heart of Miami Beach, Ocean Point presents a lifestyle of coastal and convenience. This 1-bedroom, 1-bathroom apartment offers a slice of paradise that 's sure to captivate your senses. Prime Beachfront Location Situated right on the ocean 's edge, 345 Ocean Dr is being renovated to a modern building. With direct beach access. Beyond your doorstep, the vibrant energy of Miami Beach awaits. From world-class dining and shopping on Lincoln Road to the cultural experiences of the Art Deco Historic District, you 'll never run out of things to explore. This is more than just an apartment – it 's an invitation to experience the magic of oceanfront living every day.

Useful Info

Contingency:3rd Party Approval
Original List Price:$415,000
Close Price:$390,000
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:
  • Ceramic Tile
Number of stories:11
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Water
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Lobby Secured
  • Complex Fenced
Appliances:
  • Refrigerator
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Bedroom On Main Level
Exterior Features:
  • Fence
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$5,435

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:$732
Association Fee Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Laundry
  • Elevator(s)
Subdivision Name:OCEAN POINT CONDO
Association Fee Includes:
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Amenities
  • Laundry
Complex Name:Ocean Point
Senior Community:No
Restrictions: No Lease 1st Year Owned, See Remarks

Parking

Garage Spaces:0
Covered Spaces:0

More Details

Other Information:
Unit View: Other View,Water View
Housing Older Persons Act: No HOPA
Unit Design: None
Type of Association: Homeowners
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects City & County Tax,Tax Reflects Homestead Tax,Tax Reflects Other Tax Exemption
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 54
Subdivision Number: 118
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:OCEAN POINT CONDO UNIT 507 FIFTH FLOOR UNDIV .00398% INT IN COMMON ELEMENTS CLERKS FILE 70R-16950 OR 14950-2426 0391 5
Real Estate Folio Number (Parcel Number):02-42-03-118-0710
Public Survey Township:54
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:August 17, 2023 10:49 pm
On Market Date:August 16, 2023
Close Date:November 30, 2023
Price Change Date Time:August 15, 2023 8:04 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:December 4, 2023 12:22 pm
Status Last Changed:December 4, 2023 12:22 pm
Photos Last Modified:August 18, 2023 3:05 am
Last Modified:December 4, 2023 5:23 pm
Days on the Market (updated on Last Modified*):44
Cumulative Days on the Market (updated on Last Modified**):44

Additional Information

Unit Location:None
Number of Photos Count:41
Area:42
Ref ID:1042538098
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC
Universal Property Id:US-12025-N-0242031180710-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:345
Street Address:345 Ocean Dr 507
Unit Number:507
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:345 Ocean Dr 507, Miami Beach, FL 33139
Latitude:N25° 46' 22.4''
Longitude:W81° 52' 6.2''

Neighborhood

Postal City:Miami Beach

Property Map

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