1117 Ocean Ave #309
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
26% of that payment is not the mortgage. The HOA fee alone is $60,300 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $8,527.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($64,000). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($1,005 in 2026), not enough for a trend yet. The listing shows $1,005/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- 82% below its 2014 peak
- Upper floor (fl 3)
- Garage parking
- Low HOA (0.9%/yr)
⚠️ Cons
- HOA $1005/mo
🚩 Red flags
- Very high HOA $1005/mo (full-service high-rise)
- Listed BELOW its 2019 sale ($1325k) → value eroding
Photos
Price history (this unit)
- Sep 10, 2026 — Listed $1,280,000
- Sep 6, 2019 — Sold (MLS) $1,325,000
- Sep 6, 2019 — Sold (Public Records) $1,325,000
- Jun 13, 2019 — Price Changed $1,325,000
- May 10, 2019 — Listed $1,359,000
- Oct 31, 2017 — Sold (Public Records) $980,000
Description
Exceptional scale, thoughtful design and modern finishes define this light-filled two-level residence in the heart of Ocean Avenue. At ~1,550 sq. ft. , this top-floor three-bedroom, three-bath condominium lives more like a townhouse, with an exceptionally functional floor plan across two spacious levels. The main level features an expansive open-concept living and dining area anchored by a beautifully appointed chef's kitchen with quartz countertops, stainless steel appliances and gas range. A bedroom and full bath on this level provide ideal flexibility for guests, a home office, or a den. Upstairs, two well-proportioned bedrooms offer privacy and comfort, each with their own ensuite…