14 days on rocket

401 Ocean Dr Unit 222, Miami Beach, FL, 33139

$425,000

Home List Price

$5,047*

Closing Credit

1 Bedroom
1 Full Bath
655 SqFt
$649/SqFt
Condo
Schools Nearby

Location

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401 Ocean Dr Unit 222, Miami Beach$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Detached, One Space, Garage Door Opener
Garage1 space
Year Built1970
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewOcean, Other
MLS #A11578235
StatusActive

About 401 Ocean Dr Unit 222

Best budget friendly opportunity to own a property in structurally and financially strong condominium South of Fifth right on the beach. Spacious 1Bed 1Bath unit with ocean view from your balcony overlooking Savoy, part of the historic monumental art deco hotels of USA. Well maintained unit with open kitchen-living room plan awaiting your personal touches. Brand new impact windows and sliding door, new laminate floors, new central A/C unit, neat and clean. INCLUDES ONE ASSIGNED PARKING SPACE! Low Maintainance fee includes: water, cable, internet, front desk security, commercial laundry facility on each floor, brand new pool & pool deck, landscaping, additional storage space, HOA has very healthy reserves. Fully paid assessments 1 year min lease period after 1 year ownership

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1970
  • Living Area: 655 SqFt

Listing Office:

  • Office Name: London Foster Realty
  • Office Phone: (305) 514-0100
  • Listing Agent: Krste Stojanoski

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: Bedroom on Main Level, Second Floor Entry, First Floor Entry, Handicap Access, Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Ocean, Other
  • Exterior: Balcony, Deck, Fence, Security/High Impact Doors, Patio, Privacy Wall

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered, Detached, One Space, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 401 Ocean Dr Unit 222

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • South Pointe Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $649/SqFt

HOA Fees:

  • Amount: $638
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$590.2K

Med. Price/SqFt

$580

Avg. Days On Market

89

# of Sold Homes

163

401 Ocean Dr Unit 222 vs Miami Beach

14 DAYS ON ROCKET

-75 Days

$425,000

-$165.2K Less

$649/SqFt

+$68 More

KEY TAKEAWAY

This property is $165.2K less than the Median Sold Price and $68/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11578235

Listing Office:

  • Office Name: London Foster Realty
  • Office Phone: (305) 514-0100
  • Listing Agent: Krste Stojanoski

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 4:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,827

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2742728
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2742729
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.94 miles

  • Public District Grades 6-8

High School

school-card-donut-2742730
6
/10

  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. The majority of Miami Beach, FL residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 Ocean Dr Unit 222

What is the listing price of this property?

The listing price of 401 Ocean Dr Unit 222 property is $425,000.

What type of property is this?

The property 401 Ocean Dr Unit 222 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 401 Ocean Dr Unit 222 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 401 Ocean Dr Unit 222 are:
South Pointe Elementary School: GreatSchools Rating 6/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 401 Ocean Dr Unit 222 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 401 Ocean Dr Unit 222 is 655 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Ocean Dr Unit 222 is 1970.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›401 Ocean Dr Unit 222

This home is located at 401 Ocean Dr Unit 222 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 655 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $425,000.

In April 2024 more than 8 listings in Miami Beach, FL were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 140 were sold below. Between March 2024 and April 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 5.8%. While the average time on the market in April 2024 was 89 days, the median list price was $590,290.

From Rocket Homes Real Estate and based on county public records data.

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