$2,895,000

Estimated payment $22,853/month

Total Views 1,992
2 Beds
2.5 Baths
1,621 Sq Ft
$1,786 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Private Beach Pavilion
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • 3-minute walk to 36th Street Park

About This Home

Gracing the southwest corner of Caribbean South Beach, Residence 503 offers 2 beds, 2.5 baths, and 1,621 SF of refined interiors with 700+ SF of wraparound terrace with panoramic views. Floor-to-ceiling windows throughout frame sweeping ocean and city views. Porcelain floors and marble finishes complement an open European kitchen with Italian cabinetry, stone countertops, gas cooking, and Miele & Sub-Zero appliances. The primary suite features a walk-in closet and spa-style bath. Enjoy resort-style amenities: private beach service with towel and chair setup, bayfront pool, heated Jacuzzi, wine and humidor storage, fitness center, valet, and 24-hour front desk. Ideally located in the heart of Mid-Beach, near fine dining and world renowned hotels.

Listing Agent

Isaac Lustgarten

The Corcoran Group License #3332063 Listed on: 05/09/2025

The Corcoran Group

Co-Listing Agent

Joshua Jacobs

The Corcoran Group License #3569333

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,122

Year Built

  • Built in 2008

Lot Details

  • Southwest Facing Home

HOA Fees

  • $3,985 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,621 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-052-0750

Community Details

Overview

  • The Caribbean Condo
  • The Caribbean Condo Subdivision
  • 14-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Private Beach Pavilion
  • Community Cabanas

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,122

Year Built

Built in 2008

Lot Details

0

HOA Fees

$3,985 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: TCNG02
  • Co List Office Phone: 305-677-2036
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE CARIBBEAN CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Fire Sprinklers, Roman Tub, Walk-In Closet(s), Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble, Other
  • Living Area: 1621
  • Other Equipment: Elevator
  • Stories: 14
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Other
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • 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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3985
  • Amenities: Barbecue, Bike Storage, Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Private Beach Pavilion, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-26-052-0750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 37122

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $36,027 $1,937,820 -- --
2024 $35,413 $1,761,655 -- --
2023 $35,413 $1,601,505 $0 $0
2022 $29,331 $1,455,914 $0 $0
2021 $26,985 $1,323,559 $0 $0
2020 $26,200 $1,610,800 $0 $0
2019 $25,850 $1,333,965 $0 $0
2018 $25,084 $1,333,965 $0 $0
2017 $29,898 $1,559,569 $0 $0
2016 $27,634 $1,417,790 $0 $0
2015 $25,536 $1,288,900 $0 $0
2014 $19,094 $789,969 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $2,895,000 0.0% $1,786 / Sq Ft
08/28/2024 08/28/24 Under Contract -- -- --
08/26/2024 08/26/24 Rented $8,250 0.0% --
05/07/2024 05/07/24 For Rent $8,250 -12.4% --
11/24/2023 11/24/23 Rented $9,417 -21.5% --
11/02/2023 11/02/23 Under Contract -- -- --
09/21/2023 09/21/23 For Rent $12,000 0.0% --
12/10/2014 12/10/14 Sold $1,750,000 -6.7% $1,080 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/12/2014 11/12/14 Price Changed $1,875,000 +5.6% $1,157 / Sq Ft
07/21/2014 07/21/14 For Sale $1,775,000 -- $1,095 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,550,000 Attorney
Special Warranty Deed $730,000 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11800880

MIAMI REALTORS® MLS

APN: 02-3226-052-0750