$1,440,000
SOLD JUN 23, 2025
1 Bed
1.5 Baths
1,310 Sq Ft
$1,998/mo HOA Fee

Recently Sold

$1,099 Per Sq Ft

10% Below List Price

13 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Boat Dock
  • Wood Flooring

About This Home

As of June 2025

Live, work, or both in this one-of-a-kind, commercially zoned townhouse at the iconic Murano Grande, located in Miami Beach’s exclusive South of Fifth neighborhood. This spacious 2-story 1BD/1.5BA residence combines residential comfort with commercial flexibility—ideal as a private home, guest suite, or office. Enjoy stunning views of the marina and Downtown Miami, and private access to the scenic bay walk. Building amenities include a poolside restaurant with room service, concierge, valet, gym, tennis courts, and more. Just a short stroll to the beach, parks, and top-tier dining.

Last Agent to Sell the Property

Elif Demirtas

Fortune Christie's Intl R.E. License #3391674 Listed on: 04/24/2025

Fortune Christie's Intl R.E.

Last Buyer's Agent

Elif Demirtas

Fortune Christie's Intl R.E. License #3391674 Listed on: 04/24/2025

Fortune Christie's Intl R.E.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $26,749

Year Built

  • Built in 2003

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced

HOA Fees

  • $1,998 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,310 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property has ocean access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-265-0090

Community Details

Overview

  • Murano Grande Condos
  • Murano Grande At Portofin Subdivision
  • 37-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$26,749

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,998 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Directions: From South Pointe Dr., turn onto Alton Rd. Murano Grande will be on your left at 400 Alton Rd. Parking available via valet.
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: MURANO GRANDE AT PORTOFIN
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1310
  • Possible Use: Unknown/Withheld
  • Stories: 37
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Other, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Canal, Ocean View
  • Exterior Features: East Of Us1, Other, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Murano Grande
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5995
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: South Pointe

Lot Info

  • Parcel Number: 02-42-03-265-0090

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2004
  • Tax Annual Amount: 26749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jun 23, 2025
Sold by
Ps-Th4m Llc
Bought by
Grande 4 Llc
Seller's Agent
Elif Demirtas
Fortune Christie's Intl R.E.
Buyer's Agent
Elif Demirtas
Fortune Christie's Intl R.E.
List Price
$1,599,000
Sold Price
$1,440,000
Premium/Discount to List
-$159,000
-9.94%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.28%

Purchase Details

Closed on
Oct 27, 2016
Sold by
Demirtas Pamir and Demirtas Elif Seda
Bought by
Ps Th4m Llc

Purchase Details

Closed on
Mar 24, 2014
Sold by
Sutherland Craig R and Sutherland Lori T
Bought by
Demirtas Pamir

Purchase Details

Closed on
Apr 7, 2005
Sold by
Kassewitz Randal L
Bought by
Sutherland Craig R and Sutherland Lori T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,440,000 None Listed On Document
Warranty Deed $1,440,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Special Warranty Deed -- Attorney
Warranty Deed $1,150,000 Attorney
Warranty Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $524,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $1,440,000 -9.9% $1,099 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,599,000 -- $1,221 / 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
2025 $25,941 $1,030,487 -- --
2024 $24,591 $1,352,961 -- --
2023 $24,591 $1,229,965 $0 $0
2022 $21,009 $1,118,150 $0 $0
2021 $21,589 $1,118,150 $0 $0
2020 $20,231 $1,045,000 $0 $0
2019 $20,251 $1,045,000 $0 $0
2018 $19,216 $1,045,495 $0 $0
2017 $19,909 $1,045,495 $0 $0
2016 $20,308 $1,045,495 $0 $0
2015 $18,831 $950,450 $0 $0
2014 $10,492 $556,612 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11778999

MIAMI REALTORS® MLS

APN: 02-4203-265-0090