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Backup Offers

530 Ocean Dr Unit 101, Miami Beach, FL, 33139

$315,000

Home List Price

$3,741*

Closing Credit

1 Full Bath
320 SqFt
$984/SqFt
Condo
Schools Nearby

Location

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530 Ocean Dr Unit 101, Miami Beach$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone, On Street
Year Built1937
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontOcean Front
ViewGarden
MLS #A11560353
StatusAccepting Backup Offers
(Active Under Contract)

About 530 Ocean Dr Unit 101

Very RARE opportunity to own a “GEM” studio unit on WORLD FAMOUS OCEAN DRIVE in Miami Beach! This historic ART DECO LANDMARK in the heart of South Beach was restored and converted into a luxury boutique condominium overlooking a lovely courtyard and private walkway entrance. Located just across the 42 block long boardwalk, Lummus Park, muscle beach and the ocean but also near restaurants, stores, night life and much more! Building has new roof and it is in great condition. Building and local zoning law allow DAILY SHORT TERM RENTALS in the unit with no restrictions. Perfect location for your family and guests or to rent short term producing HIGH REVENUES. New Central AC, Italian ceramic tiles, security guard on site, video cameras and valet parking available 24/7.

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Apartment
  • Year Built: 1937
  • Living Area: 320 SqFt

Listing Office:

  • Office Name: AG Real Estate Advisors, LLC
  • Office Phone: (305) 374-2092
  • Listing Agent: Aldo Massaglia

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Handicap Access, Main Living Area Entry Level, Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Garden
  • Exterior: Courtyard, Security/High Impact Doors

Parking Information:

  • Parking: None, On Street

Virtual/3D Tour

  • Virtual Tour: 530 Ocean Dr Unit 101

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

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

Other

Directions Information:

  • Directions: At the corner of Ocean drive and 6th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $984/SqFt

HOA Fees:

  • Amount: $412
  • 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

530 Ocean Dr Unit 101 vs Miami Beach

34 DAYS ON ROCKET

-55 Days

$315,000

-$275.2K Less

$984/SqFt

+$403 More

KEY TAKEAWAY

This property is $275.2K less than the Median Sold Price and $403/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: #A11560353

Listing Office:

  • Office Name: AG Real Estate Advisors, LLC
  • Office Phone: (305) 374-2092
  • Listing Agent: Aldo Massaglia

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: 5/4/2024, 5:20:31 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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$2,052

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-6061778
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6061779
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.80 miles

  • Public District Grades 6-8

High School

school-card-donut-6061780
5
/10

  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.64 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 $23,558. The most common annual income of people living in Miami Beach, FL is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 530 Ocean Dr Unit 101

What is the listing price of this property?

The listing price of 530 Ocean Dr Unit 101 property is $315,000.

What type of property is this?

The property 530 Ocean Dr Unit 101 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Accepting Backup Offers: 530 Ocean Dr Unit 101 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 530 Ocean Dr Unit 101 are:
South Pointe Elementary School: GreatSchools Rating 6/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 530 Ocean Dr Unit 101 has 1 bathroom..

What is the square footage of this property?

The property 530 Ocean Dr Unit 101 is 320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 530 Ocean Dr Unit 101 is 1937.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›530 Ocean Dr Unit 101

This home is located at 530 Ocean Dr Unit 101 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 320 square foot home was built in 1937. Features: 1 bathroom. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $315,000.

While more than 8 listings in Miami Beach, FL in April 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 140 were sold below. The number of homes for sale in Miami Beach, FL increased by 5.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $590,290, while the average time on the real estate market was 89 days.

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

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