NOT LISTED FOR SALE

Estimated Value: $394,000 - $420,000

1 Bed
1 Bath
620 Sq Ft
$1,003/mo HOA Fee

Last Sold May 28, 2025

Last sale price $396,000 $639 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,699/month

622 Days on Market

Highlights

  • Valet Parking
  • Furnished
  • Bathtub
  • Ocean Front
  • Bidet
  • 4-minute walk to Lummus Park

About This Home

As of May 2025

High income producing licensed short term daily rental in CASA GRANDE condo hotel directly on world famous Ocean Drive. No rental restrictions, AIRBNB approved by city & building. Professionally managed and rented turn key operation can be taken over by next buyer, or use it or rent it on your own. Income statements available. True 1 bedroom unit w/ large fully equipped open kitchen w/stainless steel appliances, large living room, pets okay. Front desk and entry directly on Ocean Drive surrounded by all Restaurants, Beach, Clubs and Amenities that make this a worldwide destination. HOA includes Cable TV, internet, WI-FI, electricity, water, 24 hour security & front desk, laundry facilities. *All certifications are up to date through 2033**.

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 09/13/2023

Keller Williams Dedicated Professionals

Co-Listed By

Roman Pavlik

Keller Williams Dedicated Professionals License #0677141

Last Buyer's Agent

Suzel Damolin

South Beach Estates, LLC License #3264359

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1923

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,003 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 620 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bidet
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-170-0210

Community Details

Overview

  • 38 Units
  • Casa Grande Condo
  • Casa Grande Condo Subdivision
  • 5-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities
  • Lobby
  • Interior Hall
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,853

Year Built

Built in 1923

Lot Details

0

HOA Fees

$1,003 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Co List Office Mls Id: LFKR01
  • Co List Office Phone: 954-533-7443
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: CASA GRANDE CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, No Interior Features
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Living Area: 620
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CASA GRANDE CONDO
  • Open Parking: Yes
  • Parking Features: On Street, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 1003
  • Amenities: Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-170-0210
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 38
  • Number Of Units Total: 55

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
May 21, 2025
Sold by
Sigma Real Estate Llc
Bought by
Aurea Re Llc
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
Buyer's Agent
Suzel Damolin
South Beach Estates, LLC
List Price
$430,000
Sold Price
$396,000
Premium/Discount to List
-$34,000
-7.91%
Views
773
Current Estimated Value
$404,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,175
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
May 28, 2020
Sold by
Sanchez Jorge Marcelo Fernandez
Bought by
Sigma Real Estate Llc

Purchase Details

Closed on
Nov 26, 2018
Sold by
Sanchez Jorge Marcelo Fernandez and Jaramillo Adriana Veronica Ledesma
Bought by
Sanchez Jorge Marcelo Fernandez and Schatzer Marcelo Nicolas Fernandez

Purchase Details

Closed on
Jan 16, 2004
Sold by
Metro Equities International Cg Llc
Bought by
Sanchez Jorge Marcelo Fernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 1997
Sold by
Casa Grande Associates
Bought by
Casa Grande Hotel Inc
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 Buyer Sale Price Title Company
Aurea Re Llc $396,000 None Listed On Document
Sigma Real Estate Llc -- None Listed On Document
Sanchez Jorge Marcelo Fernandez -- Attorney
Sanchez Jorge Marcelo Fernandez $285,000 Suncoast Title Company Inc
Casa Grande Hotel Inc $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Jorge Marcelo Fernandez $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $396,000 -0.8% $639 / Sq Ft
04/10/2025 04/10/25 Price Changed $399,000 -5.0% $644 / Sq Ft
06/07/2024 06/07/24 Price Changed $420,000 -2.3% $677 / Sq Ft
09/13/2023 09/13/23 For Sale $430,000 -- $694 / 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 $6,521 $355,115 -- --
2024 $5,886 $342,654 -- --
2023 $5,886 $311,504 $0 $0
2022 $5,853 $311,503 $0 $0
2021 $5,468 $283,185 $0 $0
2020 $5,221 $269,700 $0 $0
2019 $5,226 $269,700 $0 $0
2018 $5,071 $269,700 $0 $0
2017 $4,888 $256,680 $0 $0
2016 $4,576 $235,600 $0 $0
2015 $4,664 $235,290 $0 $0
2014 $4,346 $213,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11444884

MIAMI REALTORS® MLS

APN: 02-4203-170-0210