NOT LISTED FOR SALE

Estimated Value: $3,585,000 - $4,196,000

3 Beds
2.5 Baths
1,837 Sq Ft
$2,627/mo HOA Fee

Last Sold January 19, 2023

Last sale price $3,475,000 $1,892 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $27,945/month

7 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • 3-minute walk to 36th Street Park

About This Home

As of January 2023

BREATHTAKING OCEAN VIEWS from this OCEANFRONT CORNER RESIDENCE at the Caribbean Condo! Located in one of Miami Beach's hottest neighborhoods, the Faena/Aman District, this Chic & Modern building is known for its superb management, charming atmosphere, and resort-style amenities. This 10th floor, 3BR/2.5BA condo boasts Natural Light, Wide Open Spaces, and a Massive 850 SF Wraparound Terrace that Soars Above The Ocean! Large open kitchen, Top-Of-The-Line appliances & GAS COOKING, a rarity in Miami Beach condos. Spacious Primary Suite w/ a Spa-Like bathroom, Deep Soaking Tub and Luxurious shower. Amenities include a Fully Equipped Fitness Center, 24 HR Concierge, Valet, Pool/Hot Tub/Cabanas, Secure Beach/Boardwalk access, and Towel & Chair Service. WALK TO Faena / Aman / Soho House / Edition!

Last Agent to Sell the Property

Stacy Robins

Stacy Robins Companies, Inc. License #3008087 Listed on: 12/15/2022

Last Buyer's Agent

Nurit Edelman

Nurit Edelman Realty, LLC. License #3304987

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,917

Year Built

  • Built in 2008

HOA Fees

  • $2,627 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Direct Ocean

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,837 Sq Ft Home
  • Furnished
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-052-0480

Community Details

Overview

  • 104 Units
  • High-Rise Condominium
  • The Caribbean Condo
  • The Caribbean Condo Subdivision
  • 19-Story Property

Amenities

  • Valet Parking
  • Business Center
  • Secure Lobby

Recreation

  • Community Cabanas
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,917

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,627 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE CARIBBEAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Entrance Foyer, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1837
  • Possible Use: Investment
  • Stories: 19
  • Window Features: Clear Impact Glass, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE CARIBBEAN CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2627
  • Amenities: Bike/Jog Path, Business Center, Cabana, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-052-0480
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 45917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Caribbean 1001 Llc
Bought by
Caribbean South 1001 Llc
Total Days on Market
7
Current Estimated Value
$3,906,158

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 19, 2023
Sold by
Metzger Roland and Catrin Ulrike
Bought by
Caribbean 1001 Llc
Seller's Agent
Stacy Robins
Stacy Robins Companies, Inc.
Buyer's Agent
Nurit Edelman
Nurit Edelman Realty, LLC.
List Price
$3,600,000
Sold Price
$3,475,000
Premium/Discount to List
-$125,000
-3.47%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 26, 2012
Sold by
Arkin Alexander Salter
Bought by
Metzger Roland and Metzger Catrin Ulrike
Seller's Agent
Constantin Gorges
Compass Florida, LLC.
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Jan 4, 2010
Sold by
Caribbean Group Owner Llc
Bought by
Arkin Alexander Salter
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caribbean South 1001 Llc $4,500,000 None Listed On Document
Caribbean South 1001 Llc $4,500,000 None Listed On Document
Caribbean 1001 Llc $3,375,000 --
Metzger Roland $1,800,000 Attorney
Arkin Alexander Salter $1,166,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $3,475,000 -3.5% $1,892 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $3,600,000 +100.0% $1,960 / Sq Ft
06/26/2012 06/26/12 Sold $1,800,000 0.0% $980 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $1,800,000 -- $980 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $55,052 $3,470,168 -- --
2023 $55,052 $2,607,513 $0 $0
2022 $45,917 $2,443,780 $0 $0
2021 $45,769 $2,443,780 $0 $0
2020 $43,404 $2,242,000 $0 $0
2019 $46,753 $2,572,588 $0 $0
2018 $42,771 $2,572,588 $0 $0
2017 $41,086 $1,916,608 $0 $0
2016 $38,057 $1,742,371 $0 $0
2015 $35,219 $1,583,974 $0 $0
2014 $32,910 $1,439,977 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11314653

MIAMI REALTORS® MLS

APN: 02-3226-052-0480