Home » Miami Beach » Ocean Point at 345 Ocean Dr Miami Beach » 345 Ocean Dr 502, Miami Beach, FL 33139 | A11501479

345 Ocean Dr 502, Miami Beach, FL 33139 | Sold

$475,000
closed for a price of $415,000

Property Highlights

Listing ID A11501479 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 659 Sqft/61.22 m2 approx. Building Area 659 Sqft/61.22 m2 approx. POOL Year Built 1970 Waterfront 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 137 Days
20 Photos of this Property

345 Ocean Dr 502, Miami Beach, FL 33139

Property Description: Bright & beautiful renovated 1 bed/1 bath. This unit with unobstructed city skyline views is located in a quiet oceanfront building in South of Fifth. With open kitchen, quartz countertops, stainless steel appliances, marble floors, impact windows and door, large walk-in closet and extra close that is perfect for a washer/dryer (nowadays, building allows owners to install if desire). 40 year recertification is completed. The Building just installed new elevators, finished pool deck, and more improvements are in progress. Low maintenance fee, 24Hrs security, cable, internet, etc. pool, deck and private ocean entrance. Ideal South of Fifth - South Beach location. Walk to the finest restaurants, clubs, beaches and shops that South Beach has to offer - Right over Ocean Drive.

Residential Condominium Sold located at 345 Ocean Dr 502 Miami Beach FL 33139 in Miami-Dade County referenced as ID MLS # A11501479. 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
Original List Price:$475,000
Close Price:$415,000
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
Architectural Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:11

Property Features

View from the Property:
  • City
  • Other
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Security Guard
  • Lobby Secured
  • Closed Circuit Camera(s)
  • Complex Fenced
  • Intercom
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Living/dining Room
  • Pantry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$5,656

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:2023
Association Fee:$883
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions,Tax Reflects No Homestead Tax

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Clubhouse
  • Laundry
  • Elevator(s)
Subdivision Name:OCEAN POINT CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Common Areas
  • Association Management
  • Amenities
  • Laundry
Complex Name:OCEAN POINT CONDO
Senior Community:No
Restrictions: No Lease 1st Year Owned, No Recreational Vehicles RV, No Truck, OK To Lease

Parking

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

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Meadow Park Elementary

More Details

Other Information:
Unit View: Other View,Skyline View
Housing Older Persons Act: No HOPA
Unit Design: High Rise,Interior Hall
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions,Tax Reflects No Homestead Tax
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
Number of Ceiling Fans: 0
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 118
Buy State: Massachusetts
Buyer Country of Residence: USA
Water Access Description:Unrestricted Salt Water Access

Zoning and Legal

Tax Legal Description:OCEAN POINT CONDO UNIT 502 FIFTH FLOOR UNDIV .00378% INT IN COMMON ELEMENTS CLERKS FILE 70R-16950 OR 11789-707 0583 5
Real Estate Folio Number (Parcel Number):02-42-03-118-0660
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:December 15, 2023 1:23 pm
On Market Date:December 15, 2023
Close Date:April 30, 2024
Price Change Date Time:December 15, 2023 12:37 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 1, 2024 5:24 pm
Status Last Changed:May 1, 2024 5:24 pm
Photos Last Modified:December 28, 2023 4:05 pm
Last Modified:May 1, 2024 9:25 pm
Days on the Market Reference Date:May 1, 2024
Days on the Market (updated on Last Modified*):75
Cumulative Days on the Market (updated on Last Modified**):223

Additional Information

Unit Location:High Rise,Interior Hall
Number of Photos Count:20
Area:42
Ref ID:1052408138
Courtesy of:Gary Hennes Realtors
Universal Property Id:US-12025-N-0242031180660-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:345
Street Address:345 Ocean Dr 502
Unit Number:502
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:345 Ocean Dr 502, 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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