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$1,622,883Estimated home value

Beds
2
Baths
2.0
sq ft
1,118

448 Ocean Dr Unit 301, Miami Beach, FL 33139

448 Ocean Dr Unit 301

Miami Beach, FL 33139

  • Off market
Rare opportunity to own a 2 BD, 2BA residence in a condo-hotel located in Miami Beach's South of Fifth neighborhood. As one of the few licensed short-term rentals in Miami Beach, this is an ideal residence as a second home you can rent without restrictions. The low maintenance fee makes it a great investment property with a unique oversized, 1,000 SF balcony, ideal for entertaining. Building amenities include a rooftop pool deck with gorgeous ocean and city views and a fitness center. South of Fifth is Miami's most prestigious neighborhood within proximity to iconic restaurants such as Joe's Stone Crab, Carbone, Milos, fabulous nightlife, and more! Excellent financials are available upon request.

Details

Property type

Condominium

Est. home value

$1,622,883

Lot size

Unknown

Price per sq ft

$1,611

Year built

2006

Annual property taxes

$16,268

Monthly HOA fee

$1,457

Price History

09/18/2024
SEF

SEF #A11339165

Removed
$1,800,000
02/07/2023
SEF

SEF #A11339165

Listed
$1,800,000

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

Great Florida Bank

Loan start date

April 2007

Original loan amount

$464,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Not Provided, 30 year

Seller

Ali R Shabani

Lender

Great Florida Bank

Loan start date

April 2007

Original loan amount

$464,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Not Provided, 30 year

Seller

Ali R Shabani

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: Off Market

Tomo last checked: 10/05/2024 at 10:05 PM

Listing updated: 08/19/2024 at 4:27 PM

Listed by: Jelena PA Khurana, The Corcoran Group Phone #: (305) 677-2036

MLS: SEF #A11339165

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