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$5,299,500

Beds
3
Baths
3.5
sq ft
2,320

1500 Ocean Dr Unit 1201, Miami Beach, FL 33139

1500 Ocean Dr Unit 1201

Miami Beach, FL 33139

  • 53 days on market
Magnificent-Direct Ocean view masterpiece! This fully renovated corner unit consists of 3 large bedrooms, a den that can be converted into an additional bedroom or media room, 3.5 Baths, large balconies and 2 parking spaces, with over 2300 SQft!! Situated in a boutique style Oceanfront condominium that offers uninterrupted views throughout the unit and in every room. The building offers full beach services including beach menu to order on the beach, pool, a spa which has a sauna, steam room and massage room! Building also consists of free Valet and concierge which gives you the essence of a resort feel. The surrounding area is going through a major transformation, being marketed as the "billionaire beach" with major redevelopment underway! Come and View this unique, MUST-SEE Ocean Front.

Details

Property type

Condominium

Est. home value

$3,825,494

Lot size

Unknown

Price per sq ft

$2,285

Year built

1998

Annual property taxes

$50,702

Monthly HOA fee

$3,700

Price History

10/29/2024
SEF

SEF #A11684329

Listed
$5,299,500
+51.41%
09/16/2022
SEF

SEF #A11198648

Sold
$3,500,000
-7.89%
07/30/2014
SEF

SEF #A1954178

Sold
$3,800,000

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

American Heritage Lending Inc

Loan start date

September 2022

Original loan amount

$2,511,250

Est. remaining balance

$2,429,608

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Christopher Regan and Leonte Regan

Lender

American Heritage Lending Inc

Loan start date

September 2022

Original loan amount

$2,511,250

Est. remaining balance

$2,429,608

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Christopher Regan and Leonte Regan

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: 12/22/2024 at 10:05 PM

Listing updated: 11/19/2024 at 11:29 AM

Listed by: Leonte Regan, Regan International Realty Phone #: (786) 853-7257

MLS: SEF #A11684329

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