Neighborhood
1500 Ocean Dr Apt 803, Miami Beach, FL 33139
3 beds · 3 baths · 1,740 sq ft · Residential Condominium · Last Sold: $950K in 2004 · Built: 1998
Est. Rent:
$2.4K/month

1500 Ocean Dr Apt 803 Miami Beach, FL 33139

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3 beds · 3 baths · 1,740 sq ft · Residential Condominium · Miami Beach City Center

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1500 Ocean Dr Apt 803 is in the Miami Beach City Center neighborhood of Miami Beach, FL. It is located in Miami-Dade County and ZIP code 33139. This Residential Condominium was built in 1998 and is approximately 27 years old. The residential condominium spans 1740 sq ft with 3 bedrooms and 3 bathrooms. According to public records, it was last sold in 2004 for $950,000. The Miami Beach City Center area of Miami Beach has 195 residential homes with an average size of 1943 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1500 Ocean Dr Apt 803 Miami Beach, FL 33139 with Property Intel by Whitepages.

Investment Potential for 1500 Ocean Dr Apt 803

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
64%in 33139 zip code
 
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Owners & Occupancy for 1500 Ocean Dr Apt 803

This property is owned by Henry S Stolar. Owner contact information includes 6 phone numbers and 1 email address.

Property Owners

Residence***************
Landline(512) 719-1017
Distance from Property**********
Email Address*******@gmail.comView Email

Property Ownership Information

Purchase DateOctober 06, 2004
Property Tax Amount$17,955 in 2023
Purchase Price$950,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 86
Resident 2*************** age 86

Property Details for 1500 Ocean Dr Apt 803

Property Details

Property Sq Ft

Living Area

1,740 sq ft

10% below market

Property condition, age, exterior, etc. for 1500 Ocean…
Longitude: -80.128911 Latitude: 25.787992 Parcel Number (APN): 02-3234-118-0260…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Market Benchmarks

Compare data for 1500 Ocean Dr Apt 803 in Miami-Dade County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
YoY Price Change
Year Built
1998
1997
1 year
Living Space
1,740 sq ft
1,547 sq ft
193 (12%)
$ Per Living Sq Ft
Lot Size
$ Per Lot Sq Ft

Net Operating Income
$20,211
-$13,254 (-66%)
Annual Revenue
$28,800
$29,400
-$600 (-2%)
$9,360
$12,483 (133%)
Net Operating Income
$20,211
-$13,254 (-66%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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Nearby ZIP Codes