Neighborhood
1500 Ocean Dr Apt 1202, Miami Beach, FL 33139
3 beds · 3 baths · 2,320 sq ft · Residential Condominium · Last Sold: $2.8M in 2019 · Built: 1998
Est. Rent:
$2.5K/month

1500 Ocean Dr Apt 1202 Miami Beach, FL 33139

3 beds · 3 baths · 2,320 sq ft · Residential Condominium · Miami Beach City Center

Owned for 5 - 10 Years

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1500 Ocean Dr Apt 1202 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 2320 sq ft with 3 bedrooms and 3 bathrooms. According to public records, it was last sold in 2019 for $2,800,000 and has a tax-assessed value of $2,996,224. The Miami Beach City Center area of Miami Beach has 197 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 1202 Miami Beach, FL 33139 with Property Intel by Whitepages.

Investment Potential for 1500 Ocean Dr Apt 1202

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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
$******View Net Operating Income
Cap Rate
—
Occupancy Rate
64%in 33139 zip code
 
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Owners & Occupancy for 1500 Ocean Dr Apt 1202

No contact information is available.

Occupancy

Resident 1******************* age 42
Resident 2****************

Property Details for 1500 Ocean Dr Apt 1202

Property Details

Property Sq Ft

Living Area

2,320 sq ft

19% above market

Property condition, age, exterior, etc. for 1500 Ocean…
Longitude: -80.128911 Latitude: 25.787992 Parcel Number (APN): 02-3234-118-0190…
Mortgage originated on through lender: Jpmorgan Chase Bk Na for$*******View Mortgage Details
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Market Benchmarks

Compare data for 1500 Ocean Dr Apt 1202 in Miami-Dade County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
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YoY Price Change
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—
—
Year Built
1998
1997
1 year
Living Space
2,320 sq ft
1,548 sq ft
772 (50%)
$ Per Living Sq Ft
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—
—
Lot Size
—
—
—
$ Per Lot Sq Ft
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Net Operating Income
$******
$20,231
-$45,627 (-226%)
Annual Revenue
$30,000
$30,000
$0 (0%)
$*****
$9,511
$45,885 (482%)
Net Operating Income
$******
$20,231
-$45,627 (-226%)
Cap Rate
—
—
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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