Home » Miami Beach » OLSEN HOTEL CONDO at 7300 Ocean Ter Miami Beach » 7300 Ocean Ter 314 Miami Beach FL 33141 | A11488604

7300 Ocean Ter 314 Miami Beach FL 33141 | Sold

$309,999
closed for a price of $305,000

Property Highlights

Listing ID A11488604 Status of this Listing: Closed Sold Property Type Residential Hotel/motel In a Condo Hotel 1 Bathrooms Total 1 Full Bath Living Space 234 Sqft/21.74 m2 approx. Building Area 234 Sqft/21.74 m2 approx. Year Built 1940 Waterfront 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 60 Days
18 Photos of this Property

7300 Ocean Ter 314 Miami Beach FL 33141

Property Description: ENJOY MIAMI BEACH!!!YOU ARE JUST STEPS AWAY FROM BEACH!! LOCATION, LOCATION & LOCATION. AMAZING OPPORTUNITY TO OWN YOUR OWN STUDIO WITH AMAZING BEACH VIEW.... YOU CAN RENT SHORT TERM WITH NO LIMITS. YOU ARE IN THE MIDDLE OF IT ALL. TAKE A DIP IN THE WATER OR WALK TO RESTAURANTS , BARS, ETC.

Residential Hotel/motel Sold located at 7300 Ocean Ter 314 Miami Beach FL 33141 in Miami-Dade County referenced as ID MLS # A11488604. 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:Pending Inspections
Original List Price:$309,999
Close Price:$305,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Rooms Distribution

Rooms Total:1

Construction

Year Built Details:
  • Condo-hotel
Entry Level (floor):3
Entry Level Location:3
Construction Materials:
  • Block
Flooring:
  • Tile
  • Other
Number of stories:3

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Security:
  • Lobby Secured
  • Closed Circuit Camera(s)
  • Phone Entry
Appliances:
  • Refrigerator
Interior Features:
  • Living/dining Room
  • Other
  • Elevator
  • Third Floor Entry
Exterior Features:
  • Other
  • None
Window Features:
  • Blinds
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$4,992

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:$291
Association Fee Frequency:
  • Monthly
Membership Fee:$200

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • No Pet Restrictions
  • No
Amenities Provided by the Homeowner's Association (HOA):
  • Laundry
  • Other
  • Elevator(s)
Subdivision Name:OLSEN HOTEL CONDO
Association Fee Includes:
  • Maintenance Structure
Complex Name:OLSEN HOTEL CONDO
Senior Community:No
Restrictions: OK To Lease, See Remarks
Membership Required:Yes

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street
  • None

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit,East Of Us1
Type of Association: Condo,Homeowners
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects City & County Tax,Tax Reflects No Exemptions
Number of times allowed to lease per year: 360
Flood Zone : X
Homeowner's Association Application Fee: 200
Style: Condo-Hotel
FEMA Flood Zone Designations: X
Municipal Code: 2
Subdivision Number: 101
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

Tax Legal Description:OLSEN HOTEL CONDO UNIT 314 UNDIV .02171% INT IN COMMON ELEMENTS OFF REC 11998-347 OR 21025-3110 02 2003 4 COC 22250-3087 04 2004 1
Real Estate Folio Number (Parcel Number):02-32-02-101-0380
Public Survey Township:2
Public Survey Range:32
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:November 18, 2023 12:35 pm
On Market Date:November 18, 2023
Close Date:January 17, 2024
Price Change Date Time:November 18, 2023 10:24 am
Last Important Update Description:Closed
Date and Time of Last Important Update:January 18, 2024 5:46 pm
Status Last Changed:January 18, 2024 5:46 pm
Photos Last Modified:November 18, 2023 5:53 pm
Last Modified:January 18, 2024 10:46 pm
Days on the Market (updated on Last Modified*):16
Cumulative Days on the Market (updated on Last Modified**):16

Additional Information

Unit Location:Corner Unit,East Of Us1
Number of Photos Count:18
Area:32
Ref ID:1048485221
Automated Valuation Display:Yes
Courtesy of:RE/MAX Presidential
Universal Property Id:US-12025-N-0232021010380-R-N

Location

Show Property Address:Yes
Street Name:Ocean Ter
Street Number:7300
Street Address:7300 Ocean Ter 314
Unit Number:314
City : Miami Beach
State : Florida
Zip Code : 33141
County : Miami-Dade County
Full Address:7300 Ocean Ter 314 Miami Beach FL 33141
Latitude:N25° 51' 30.6''
Longitude:W81° 52' 49.4''

Neighborhood

Postal City:Miami Beach

Property Map

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