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$385,000

Beds
Unknown
Baths
1.0
sq ft
467

1024 Ocean Dr Unit A306, Miami Beach, FL 33139

1024 Ocean Dr Unit A306

Miami Beach, FL 33139

  • 90 days on market
    • Price drop $5,000↓
Exceptional investment opportunity just steps from the beach and ocean! This property is perfect for Airbnb and short-term rentals with no restrictions. The rooftop pool and fully equipped amenities require no additional investment. The front desk service handles guest check-ins, ensuring a hassle-free experience. All utilities are included. Don’t miss out on this great investment!

Details

Property type

Condominium

Est. home value

$495,055

Lot size

Unknown

Price per sq ft

$825

Year built

1964

Annual property taxes

$4,167

Monthly HOA fee

$1,565

Price History

10/16/2024
SEF

SEF #A11644841

Price change
$385,000
-1.28%
08/21/2024
SEF

SEF #A11644841

Listed
$390,000
-7.14%
07/03/2024
SEF

SEF #A11508252

Removed
$420,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Express Capital Lending

Loan start date

August 2005

Original loan amount

$223,400

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Daniel Sontag and Hilary Sontag

Lender

Express Capital Lending

Loan start date

August 2005

Original loan amount

$223,400

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Daniel Sontag and Hilary Sontag

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 5:30 PM

Listing updated: 10/16/2024 at 4:49 PM

Listed by: Irina Dyagleva, Vera Realty LLC Phone #: (305) 833-3303

MLS: SEF #A11644841

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