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7300 S Ocean Ter #308, Miami Beach, FL 33141
$197,000
7300 S Ocean Ter #308, Miami Beach, FL 33141View this property at 7300 S Ocean Ter #308, Miami Beach, FL 33141
7300 S Ocean Ter #308Miami BeachFL33141
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Property Description
Excellent investment opportunity! These units stay booked! Rarely available fully furnished oceanfront studio in historic Deco Olsen Hotel/Condo. No rental restrictions. Zoned for short term rentals. Rent daily or weekly or monthly. Instant income producing property! Low HOA of only 248.00 includes all utilities! Step on to to beach with tons of great shopping and dining, groceries and the bandshell outside your door. No mandatory hotel program required. Beautiful well maintained historic bldg with secured entry, elevator, laundry and restaurant. Get in before the Ocean Terrace redevelopment begins! Start earning instant income with this adorable top floor unit facing south with ocean view!
Full Property Details
Full Property Details for 7300 S Ocean Terrace #308
General
- Sold For: $197,000
- HOA FEE: $248/month
- Taxes: $1,947 (2019)
- Status: Closed
- Type: Condo
- MLS ID: A10948451
- Added to Site: 1, 276 day(s) ago
Rental Information
- Approvals: Rapid Approval
Interior
- Interior Features: First Floor Entry
- Appliances: Microwave, Refrigerator, Smoke Detector
- Flooring: Ceramic Floor
- Windows/Treatment: Blinds/Shades
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Other, Studio
Additional Information
- Shared Amenities: Common Laundry
- Maint. Includes: Common Area, Electric, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Sewer, Trash Removal, Water
- Security/Safety: Elevator Secure, Phone Entry, Lobby Secured
Exterior
- Exterior Features: Other
Parking
- Parking: None, Other Parking
Location
- Area: 32
- County: Miami-Dade County
- Subdivision: OLSEN HOTEL CONDO
- Complex: Olsen Hotel
Community
- Pets Allowed: Yes
- Pet Restrictions: Restrictions Or Possible Restrictions
Heating & Cooling
- Cooling Type: Electric Cooling
- Heating Type: Electric Heat
Utilities
- Cable Available: Yes
Structural Information
- Architectural Style: Condo 1-4 Stories
- Construction: CBS Construction
- Square Feet: 172
- Year Built: 1940
Water Features
- Water Front: Yes
- Water Access Desc: None
- Water Front Desc.: Ocean Front
Financial Considerations
- Association Fee: $248
- Assoc Fee Freq.: Monthly
- Application Fee: $100
- Tax Amount: $1,947
- Tax Year: 2019
- Terms: All Cash, Cash Only
Disclosures and Reports
- Legal Description: OLSEN HOTEL CONDO UNIT 308 UNDIV .02171% INT IN COMMON ELEMENTS OFF REC 11998-347 OR 16415-4039 0494 1 COC 22217-1297 03 2004 1
- Restrictions: Ok To Lease, Okay To Lease 1st Year
- Property ID: 02-32-02-101-0320
Listed by Elite Sales Group
Sold by EFA Realty
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Schools
Schools serving 7300 S Ocean Terrace #308
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
800 77th St, Miami Beach, FL 33141 | PK-5 | 0.4 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 29.4 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.1 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 4.2 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 24.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7300 S Ocean Terrace #308
Date
Details
Price
Change
Source
5/26/2021
Sold
$197,000
-12.44%
MLS
10/26/2020
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7300 S Ocean Ter #308, Miami Beach, FL 33141 (MLS# A10948451) is a Condo property that was sold at $197,000 on May 26, 2021. Want to learn more about 7300 S Ocean Ter #308? Do you have questions about finding other Condo real estate for sale in North Shore? You can browse all North Shore real estate or contact a Coldwell Banker agent to request more information.