$250,000
SOLD MAY 28, 2025
-- Bed
1 Bath
400 Sq Ft
$998/mo HOA Fee

Recently Sold

$625 Per Sq Ft

15% Below List Price

4 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

As of May 2025

Experience the Ultimate in Investment and Lifestyle on Miami Beach’s Iconic Millionaire’s Row! This condo-hotel studio is your chance to own a piece of paradise with limitless rental income potential. No rental restrictions make it perfect for short-term rentals or as your personal vacation retreat. Plus, an on-site rental agency makes managing your property effortless. Enjoy worry-free ownership with valet parking and inclusive maintenance that covers electricity, water, cable, trash, and building insurance. The building is loaded with convenient amenities, including a fitness center, restaurant, laundry facilities, and even a convenience store. Don’t miss this exceptional opportunity to invest in a premier Miami Beach location—schedule your showing today!

Last Agent to Sell the Property

Fabrice Ernandes

Serhant License #3427417 Listed on: 01/13/2025

Serhant

Last Buyer's Agent

Fabrice Ernandes

Serhant License #3427417 Listed on: 01/13/2025

Serhant

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1966

HOA Fees

  • $998 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 400 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Video Cameras
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-021-0130

Community Details

Overview

  • Castle Beach Condos
  • Castle Beach Club Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 18-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Bar or Lounge
  • Laundry Facilities

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1966

Lot Details

0

HOA Fees

$998 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Entry Level: 17
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CASTLE BEACH CLUB CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Fire Sprinklers
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 400
  • Possible Use: Investment
  • Stories: 18
  • Bedroom Features: Studio

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Tennis Court(s)
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CASTLE BEACH
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Secured Garage/Parking, Other, TV Camera

Condo/Co-op/Association

  • Association Fee: 998
  • Amenities: Bar, Cabana, Exercise Room, Pool, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-021-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6855

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
May 23, 2025
Sold by
Estevez Elizabeth O and Estevez Sebastian
Bought by
Global Miami Dubai Investment Inc
Seller's Agent
Fabrice Ernandes
Serhant
Buyer's Agent
Fabrice Ernandes
Serhant
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
452.99%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Estevez Elizabeth O
Bought by
Estevez Elizabeth O and Estevez Sebastian

Purchase Details

Closed on
Apr 30, 2013
Sold by
Castle Beach Club Condominium Associatio
Bought by
Estevez Elizabeth O

Purchase Details

Closed on
Feb 27, 2010
Sold by
Laso Group Corp
Bought by
Castle Beach Club Condominium Associatio

Purchase Details

Closed on
Feb 3, 2010
Sold by
Laso Group Corp
Bought by
Ramirez Benny

Purchase Details

Closed on
Aug 31, 2004
Sold by
Duran Luis and Duran Gema S
Bought by
Laso Group Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 1997
Sold by
Brunhilde and Mosher William
Bought by
Duran Luis and Duran Gema S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1993
Sold by
Crescent Heights 10 Inc
Bought by
Mosher Brunhilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,200
Interest Rate
7.39%
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 Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Warranty Deed $250,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $171,600 Attorney
Trustee Deed -- None Available
Quit Claim Deed -- Rte Title Company
Warranty Deed $123,000 Royal Title & Escrow Co Inc
Warranty Deed $54,000 --
Deed $70,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Unknown
Previous Owner $39,000 New Conventional
Previous Owner $28,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $250,000 -15.3% $625 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $295,000 -- $738 / 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 $6,855 $377,169 -- --
2024 $5,890 $342,881 -- --
2023 $5,890 $311,710 $0 $0
2022 $3,487 $226,793 $0 $0
2021 $3,461 $220,188 $0 $0
2020 $3,414 $217,148 $0 $0
2019 $3,323 $212,266 $0 $0
2018 $3,145 $208,309 $0 $0
2017 $3,108 $204,025 $0 $0
2016 $3,093 $199,829 $0 $0
2015 $3,131 $198,440 $0 $0
2014 $3,665 $180,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11723956

MIAMI REALTORS® MLS

APN: 02-3214-021-0130