Home » Miami Beach » The Strand on Ocean Drive at 1060 Ocean Dr Miami Beach » 1060 Ocean Dr D202 Miami Beach FL 33139 | A11440816

1060 Ocean Dr D202 Miami Beach FL 33139 | Sold

$359,000
closed for a price of $350,000

Property Highlights

Listing ID A11440816 Status of this Listing: Closed Sold Property Type Residential Condominium In a Condo Hotel 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 470 Sqft/43.66 m2 approx. Building Area 470 Sqft/43.66 m2 approx. COMMUNITY POOL Year Built 1934 Has view of the Ocean 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 110 Days
21 Photos of this Property

1060 Ocean Dr D202 Miami Beach FL 33139

Property Description: Corner unit 1 bedroom apartment on the second floor with a partial ocean view 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:No Contingencies
Previous Asking Price:$369,000
Original List Price:$389,000
Close Price:$350,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Architectural Style:
  • Other
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Other
Flooring:
  • Other
Number of stories:3
Possible Use:
  • Investment

Property Features

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

Taxes and Expenses

Tax Annual Amount:$4,777

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:$1,353
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: Ocean 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 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
Buyer Country of Residence: Italy

Zoning and Legal

Tax Legal Description:THE STRAND ON OCEAN DRIVE CONDO UNIT D202 BLDG 1060 UNDIV 0.850327230% INT IN COMMON ELEMENTS OFF REC 23668-2131 COC 26316-3662 04 2008 4
Real Estate Folio Number (Parcel Number):02-42-03-302-0720
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:August 23, 2023 10:24 am
On Market Date:August 23, 2023
Close Date:December 11, 2023
Price Change Date Time:October 25, 2023 4:20 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:January 4, 2024 5:16 am
Status Last Changed:January 4, 2024 5:16 am
Photos Last Modified:September 19, 2023 2:54 pm
Last Modified:January 4, 2024 10:16 am
Days on the Market (updated on Last Modified*):62
Cumulative Days on the Market (updated on Last Modified**):62

Additional Information

Unit Location:Other
Number of Photos Count:21
Area:42
Ref ID:1043809490
Courtesy of:Vera Realty LLC
Universal Property Id:US-12025-N-0242033020720-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:1060
Street Address:1060 Ocean Dr D202
Unit Number:D202
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1060 Ocean Dr D202 Miami Beach FL 33139
Latitude:N25° 46' 52.1''
Longitude:W81° 52' 9.8''

Neighborhood

Postal City:Miami Beach

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$