Home » Miami Beach » THE STRAND ON OCEAN DRIVE at 1024 Ocean Dr Miami Beach » 1024 Ocean Dr A303 Miami Beach FL 33139 | A11440771

1024 Ocean Dr A303 Miami Beach FL 33139 | Sold

$399,000
closed for a price of $370,000

Property Highlights

Listing ID A11440771 Status of this Listing: Closed Sold Property Type Residential Condominium In a Condo Hotel 1 Bathrooms Total 1 Full Bath Living Space 474 Sqft/44.04 m2 approx. Building Area 474 Sqft/44.04 m2 approx. COMMUNITY POOL Year Built 1964 Lease Term Minimum Duration: 1 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 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 37 Days
20 Photos of this Property

1024 Ocean Dr A303 Miami Beach FL 33139

Property Description: Spacious Studio apartment on the third floor with a balcony is located in a well-kept building complex with a rooftop pool. The building complex also features a lobby with a front desk. The maintenance fee covers all utilities such as electricity, internet, wifi, and cable TV. With no rental restrictions, it 's suitable for various uses, including Airbnb short-term rentals, making it a prime investment opportunity for prospective buyers.

Useful Info

Contingency:Pending Inspections
Original List Price:$399,000
Close Price:$370,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Architectural Style:
  • Other
Entry Level (floor):3
Entry Level Location:3
Construction Materials:
  • Other
Flooring:
  • Other
Number of stories:3
Possible Use:
  • Investment

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Lobby Secured
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
Interior Features:
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$3,982

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:$1,411
Association Fee Frequency:
  • Monthly

Terms

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

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
Subdivision Name:THE STRAND ON OCEAN DRIVE
Association Fee Includes:
  • Amenities
Complex Name:Congress Hotel
Senior Community:No
Restrictions: Daily Rentals Allowed,No Restrictions

Parking

Garage Spaces:0
Covered Spaces:0

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: Unverified
Unit Design: Other
Type of Association: Condo
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax,Tax Reflects No Homestead Tax
Number of times allowed to lease per year: 365
Flood Zone : AE
Homeowner's Association Application Fee: 0
Style: Condo-Hotel
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 302
Buy State: New York
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:THE STRAND ON OCEAN DRIVE CONDO UNIT A303 BLDG 1024 UNDIV 0.886769820% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 24227-4801 09 2005 1
Real Estate Folio Number (Parcel Number):02-42-03-302-0100
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:August 23, 2023 9:52 am
On Market Date:August 23, 2023
Close Date:September 29, 2023
Price Change Date Time:August 23, 2023 9:11 am
Last Important Update Description:Closed
Date and Time of Last Important Update:January 4, 2024 5:26 am
Status Last Changed:January 4, 2024 5:26 am
Photos Last Modified:August 23, 2023 2:10 pm
Last Modified:January 4, 2024 10:26 am
Days on the Market (updated on Last Modified*):14
Cumulative Days on the Market (updated on Last Modified**):14

Additional Information

Unit Location:Other
Number of Photos Count:20
Area:42
Ref ID:1043808487
Courtesy of:Vera Realty LLC
Universal Property Id:US-12025-N-0242033020100-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:1024
Street Address:1024 Ocean Dr A303
Unit Number:A303
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1024 Ocean Dr A303 Miami Beach FL 33139
Latitude:N25° 46' 51.3''
Longitude:W81° 52' 9.5''

Neighborhood

Postal City:Miami Beach

Property Map

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