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$435,000

Beds
1
Baths
1.0
sq ft
659

401 Ocean Dr Unit 302, Miami Beach, FL 33139

401 Ocean Dr Unit 302

Miami Beach, FL 33139

  • <1 day on market
South of Fifth GEM! Recently renovated with a brand-new AC, the property includes the rare luxury of a designated parking spot. The building has passed its 50-year recertification and a reserve study. Enjoy the sunset from your oversized balcony or the recently renovated pool deck. The building features 24/7 security with gated entry, private beach access, a saltwater pool, a sauna, a beach club, and a gym coming in the new future, and much more. All information is deemed accurate but must be verified by the buyer or buyer's agent.

Details

Property type

Condominium

Est. home value

$389,243

Lot size

Unknown

Price per sq ft

$661

Year built

1970

Annual property taxes

$5,015

Monthly HOA fee

$1,031

Price History

01/05/2025
SEF

SEF #A11721147

Listed
$435,000
+16%
05/24/2022
SEF

SEF #A11124430

Sold
$375,000

Schools & Community

Neighborhood: 

South Pointe

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

Aim Cu

Loan start date

May 2022

Original loan amount

$56,212

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving), 30 year

Seller

Peter Menakis

Lender

Movement Mortgage

Loan start date

May 2022

Original loan amount

$281,250

Est. remaining balance

$269,544

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Peter Menakis

Lender

Movement Mortgage

Loan start date

May 2022

Original loan amount

$281,250

Est. remaining balance

$269,544

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Peter Menakis

Lender

Aim Cu

Loan start date

May 2022

Original loan amount

$56,212

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving), 30 year

Seller

Peter Menakis

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: 01/09/2025 at 10:10 PM

Listing updated: 01/09/2025 at 1:35 PM

Listed by: Jason Bishop, Keller Williams Capital Realty Phone #: (305) 662-7325

MLS: SEF #A11721147

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