345 Ocean Dr #407, Miami Beach, FL 33139

$395,000
  • bed1 Beds
  • baths1 Baths
  • hold656 SQFT
  • hold $602 /SQFT
  • % Change -7.06%
  • Living Area M² 61 m²
  • $ / M² $6,481
  • Maintenance Fee $883
  • Days on Market 62 day(s)
  • Waterfront? Yes
  • Garage Spaces No
  • Pets Allowed? No
  • Furnished? No
  • Year Built 1970
  • MLS #
    F10495589
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Property Description

Live the South of Fifth lifestyle in one of South Beach’s most desirable locations! Spacious 1 bed/1 bath with ample closet space, central AC, new impact windows and sliding door, and a larger corner balcony with stunning ocean views. Building upgrades include 24-hr security, concrete restoration, new balconies, waterproofing, exterior paint, new heated waterfront pool, elevators, roof, and gym. Ongoing improvements include entrance, lobby, hallways, and beachfront pergola/BBQ area. Steps from the ocean, South Pointe Park, and top dining like Carbone, Joe’s Stone Crab, and Prime 112. Seller to pay all assessments at closing. Washer/dryer on every floor.

Amenities

  • Elevators
  • Other
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Interior Features

  • Living Dining Room
  • Walk In Closets
  • Elevator

Exterior Features

  • Balcony

Property Tax Information

  • Tax Amount: $6,630

  • Tax Year: 2024

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monthly payment breakdown

total monthly payment

$883.00

  • Principal & Interest The principal is the amount that you borrow from a lender. The interest is the cost of borrowing that money. $ 0,000
  • Property Taxes This tax is a percentage of a home’s assessed value and varies by area. Homeowners pay this tax annually, semi-annually, or as part of a monthly mortgage payment.
  • HOA Fees Fees paid by homeowners within a shared complex to pay for building repairs and operation costs. HOA fees are typically paid monthly or quarterly.
  • Homeowners Insurance Homeowners insurance covers losses and damages to your home, property, personal belongings, and other assets in your home. The policy also provides liability coverage against accidents in the home or on the property. When applying for a mortgage, the applicant is usually required to provide proof of insurance on the property before the financial institution will approve the loan.
  • Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be required to purchase mortgage insurance. Mortgage insurance protects the mortgage lender against loss if a borrower defaults on their loan. Typically, mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your actual rate may vary.
  • Total monthly payment = $ 883.00
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For more information about this property:

Lucas Lechuga, PA

Luxe Living Reality
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305 - 428 - 3860
contact-mail
info@miamicondoinvestments.com
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345 Ocean Dr #407 has 1 Beds , 1 Bathrooms , and 656 square feet. The asking price for this property is $395000, or $602 per square feet.

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