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345 Ocean Dr Apt 707
Pending
Condo
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$450,000

$686/sqft

345 Ocean Dr Apt 707, Miami Beach

40% below median
1 bd·1 ba·656 sqft
Built 1970South Beach

345 Ocean Dr Apt 707, Miami Beach, FL

1 bd · 1 ba · 656 sqft Condo listed at $450,000, built in 1970 in the South Beach neighborhood.

About this home

Rarely available south facing unit w/ocean views, oversized balcony & parking in South of 5th St. oceanfront condominium. Available with or without fantastic long-term tenant currently on month-to-month lease & willing to stay or go. Unit has tile floors throughout that tenant has placed carpeting loosely on top, central a/c, fully equipped kitchen w/dishwasher & pass-through to living room, updated hot water heater, great closet space including room for washer/dryer (which building allows) & more. Amazing building improvements just completed including new heated oceanfront pool & pool deck, all new elevators, new impact windows & doors, new balcony railings, building painting, new roof & new oceanfront gym. New lobbies & entrance are in process. Seller will pay all assessments at closing.

Property details

Price
$450,000
Bedrooms
1
Bathrooms
1
Interior
656 sqft
Price / sqft
$686
Year built
1970
Type
Condo
Days on market
214
Est. property tax
$3,870/yr · $323/mo · 0.86% FL avg

Estimated monthly payment

Down payment20% ($90,000)
Interest rate6.75%
Principal & Interest$2,335
Property Tax$413
Insurance$150
Total$2,897/mo

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Location

This home is located in Miami Beach, FL, in the South Florida area. Browse more Miami Beach listings on the Miami Beach market page or explore the full Miami Beach market report.

Home Intelligence

Neighborhood (zip 33139)

This neighborhood is primarily renter-occupied (32% owner-occupied). Median age is 41.7; 29% hold a bachelor's degree; median household income is $60,971.

Median income
$60,971
Median age
41.7
Owner-occupied
31.5%
Bachelor's degree
29.1%
Census median home value
$476,000

Source: US Census Bureau American Community Survey 5-year estimates.

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