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$574,900

Beds
1
Baths
1.0
sq ft
655

401 Ocean Dr Unit 724, Miami Beach, FL 33139

401 Ocean Dr Unit 724

Miami Beach, FL 33139

  • 33 days on market
    • Price drop $14,100↓
    • Open house Oct 19
Beautiful & Updated 1/1 with Direct Ocean Views & Assigned Parking Right In South Beach's Prestigious South of Fifth Neighborhood. You'll Enjoy All The Comforts A Remodeled Home Would Bring- New Stainless Steel Appliance Suite, New HVAC, New Impact Windows & Sliders, New Plumbing & Electric, & So Much More. Beautiful Quartz Waterfall Countertop & Toto Kitchen Farmer Sink & Faucet. Small Office Near Balcony Provides Just The Right Amount Of Privacy To Get The Work Done, & The Amazing Ocean View Provides The Serenity To Get Through It! Building Features Heated Pool, Direct Ocean Access & Additional Storage. Low HOA Includes Cable, Internet, Water, Sewer, Trash, & Indoor Pest Control. Steps To The Beach, Joe's Stone Crab, Carbone, & All The Excitement of Ocean Drive!

Details

Property type

Condominium

Est. home value

$434,407

Lot size

Unknown

Price per sq ft

$878

Year built

1970

Annual property taxes

$5,364

Monthly HOA fee

$638

Price History

09/14/2024
SEF

SEF #A11648814

Price change
$574,900
-2.39%
09/03/2024
SEF

SEF #A11648814

Listed
$589,000
+45.43%
11/03/2022
SEF

SEF #A11239629

Sold
$405,000

Schools & Community

Neighborhood: 

South Pointe

Elementary school: 

South Pointe

Middle school: 

Nautilus

High school: 

Miami Beach

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

Citizens Bank Na

Loan start date

May 2023

Original loan amount

$341,500

Est. remaining balance

$336,138

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Robert Rex Castillo and Jana Mitrova Castillo

Lender

Citizens Bank Na

Loan start date

May 2023

Original loan amount

$341,500

Est. remaining balance

$336,138

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Robert Rex Castillo and Jana Mitrova Castillo

Lender

A&D Mortgage Llc

Loan start date

November 2022

Original loan amount

$324,000

Est. remaining balance

$316,187

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Robert Rex Castillo and Jana Mitrova Castillo

Lender

A&D Mortgage Llc

Loan start date

November 2022

Original loan amount

$324,000

Est. remaining balance

$316,187

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Robert Rex Castillo and Jana Mitrova Castillo

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: 10/06/2024 at 2:35 AM

Listing updated: 10/04/2024 at 2:07 AM

Listed by: James Rodgers, Skymarc Properties LLC Phone #: (646) 820-9420

MLS: SEF #A11648814

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