8 days on rocket

345 Ocean Dr Unit 703, Miami Beach, FL, 33139

$448,000

Home List Price

$5,320*

Closing Credit

1 Bedroom
1 Full Bath
659 SqFt
$680/SqFt
Condo

Location

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345 Ocean Dr Unit 703, Miami Beach$448,000

Buyer Closing Credits

$5,320*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1970
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewCity
MLS #A11699252
StatusActive

About 345 Ocean Dr Unit 703

Your perfect pied-à-terre by the sea! Ocean Point is an oceanfront gem in the desirable South of Fifth neighborhood. This sunny 1-bedroom unit features floor-to-ceiling impact glass doors and windows. Enjoy unobstructed views of South Beach skyline. The unit offers a fully-equipped kitchen, a large walk-in closet, plus additional storage space. Ocean Point is located directly on the sand. The building has completed both its concrete restoration and 40-year recertification. Enjoy a beachfront pool, gym, and the endless wellness possibilities of the famous Beach Walk, which is accessed through the building's private gate. Nearby: Joe's Stone Crab, Carbone, great shopping, grocery stores, South Pointe Park, Lummus Park, and all the fun and sun of Miami Beach. Low HOA!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 659 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Geane Brito

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Flooring Type: Tile
  • Interior: Built-in Features, Bedroom on Main Level, First Floor Entry, Kitchen Island, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: City
  • Exterior: Security/High Impact Doors

Parking Information:

  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 345 Ocean Dr Unit 703
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $448,000
  • Price Per SqFt: $680/SqFt

HOA Fees:

  • Amount: $833
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

345 Ocean Dr Unit 703 vs Miami Beach

8 DAYS ON ROCKET

-89 Days

$448,000

-$169.5K Less

$680/SqFt

+$75 More

KEY TAKEAWAY

This property is $169.5K less than the Median Sold Price and $75/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: #A11699252

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Geane Brito

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: 12/4/2024, 1:20:50 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.

Payment Calculator

$3,136

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,410

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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.

Nearby Schools

school-card-donut-189073
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-189074
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-189075
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.85 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. Most Miami Beach, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 345 Ocean Dr Unit 703

What is the listing price of this property?

The listing price of 345 Ocean Dr Unit 703 property is $448,000.

What type of property is this?

The property 345 Ocean Dr Unit 703 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 345 Ocean Dr Unit 703 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 345 Ocean Dr Unit 703 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 345 Ocean Dr Unit 703 is 659 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 345 Ocean Dr Unit 703 is 1970.

Rocket HomesFloridaMiami-Dade CountyMiami Beach33139345 Ocean Dr Unit 703

This home is located at 345 Ocean Dr Unit 703 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 659 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $448,000.

While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

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

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