For SaleRisky Deal24 days on market

1060 Ocean Dr #D204

1060 Ocean Dr #D204, Miami Beach, FL 33139, Miami Beach, FL 33139
$285,000
Estimate®:$274,400

Listing Price

Property image 1
1060 Ocean Dr #D204, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
24
Tax Assessed
$320k
Estimate®
$274k
Market Rate
Rent Estimate
$1,973/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Fienberg/Fisher K-8 Center

PK-8
0.3 mi away
5

Miami Beach Senior High School

9-12
1.2 mi away
5

Nautilus Middle School

6-8
2.3 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernrooftop terraceocean viewbeachfrontluxuryminimalistoutdoor diningtropical landscapingbalconypanoramicwood-look tile flooringcontemporary

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.67%
Total ROI
60.3%
Cash Flow
$-371/mo
DSCR
0.75
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-371/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Prime residential location in Miami Beach, FL
  • • Long-term capital appreciation corridor
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-22Price change$285,000$584
2026-08-31Listed for sale$320,000$656
2021-01-15Sold$330,000$676
2021-01-01Pending sale$369,000$756
2020-08-10Listed for sale$369,000$756
2019-05-01Sold$290,000$594
2019-02-07Pending sale$329,000$674
2019-01-12Listed for sale$329,000$674
2012-10-24Sold$185,000$379
2012-10-06Listed for sale$150,000$307
2012-09-01Listing removed$245,500$503
2012-08-19Price change$245,500$503
2012-08-14Price change$150,000$307
2012-07-25Listed for sale$245,500$503
2006-02-10Sold$399,900$819

Tax History

YearProperty TaxTax Assessment
2025$5,910.98$312,591
2024$5,348.62$284,174
2023$4,900.14$258,340
2022$4,412.77$234,855
2021$4,534.6$234,855
2020$4,546.69$234,855
2019$5,834.78$301,096
2018$6,019.76$320,128
2017$6,019.76$308,660
2016$5,958.03$280,600
2015$5,410.5$268,400
2014$4,957.42$244,000
2013$3,808.26$186,040
2012$3,808.26$186,040
2011$3,850.87$186,040
2010$3,732.11$169,130
2009$4,242.77$206,250
2007$7,565.49$375,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
488

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