NOT LISTED FOR SALE

Estimated Value: $363,623 - $427,000

-- Bed
1 Bath
570 Sq Ft
$650/mo HOA Fee

Last Sold June 20, 2023

Last sale price $400,000 $702 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,325/month

211 Days on Market

Highlights

  • Doorman
  • Furnished
  • Vinyl Flooring
  • Ocean Front
  • Central Heating and Cooling System
  • 4-minute walk to Lummus Park

About This Home

As of June 2023

This Condo-Hotel with the most desired location in South Beach, can be rented daily and you can manage it yourself or thru the Management . Directly across from the beach. Steps away from all Restaurants, Clubs and Amenities that make South Beach a World Wide destination location.
Don't miss this excellent chance to acquire an investment property! Short-term rentals, including Airbnb, are permitted. The property is presently being rented on a short-term basis.

Last Agent to Sell the Property

Irina Dyagleva

Vera Realty LLC License #3265193 Listed on: 10/25/2022

Vera Realty LLC

Last Buyer's Agent

Irina Dyagleva

Vera Realty LLC License #3265193 Listed on: 10/25/2022

Vera Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1923

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 1 Full Bathroom
  • 570 Sq Ft Home
  • Furnished
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-170-0460

Community Details

Overview

  • Casa Grande Condos
  • Casa Grande Condo Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Valet Parking

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,027

Year Built

Built in 1923

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: CASA GRANDE CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Flooring: Vinyl
  • Furnished: Furnished
  • Living Area: 570
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: None

Exterior Features

  • View: None
  • Exterior Features: Other, None
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CASA GRANDE
  • Parking Features: None, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 650
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-170-0460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jun 9, 2023
Sold by
834 Ocean Invest Llc
Bought by
Panda777 Llc
Seller's Agent
Irina Dyagleva
Vera Realty LLC
Buyer's Agent
Irina Dyagleva
Vera Realty LLC
List Price
$440,000
Sold Price
$400,000
Premium/Discount to List
-$40,000
-9.09%
Views
95
Current Estimated Value
$402,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,156
Avg. Annual Appreciation
0.24%

Purchase Details

Closed on
Jun 24, 2019
Sold by
Anicharico Richard and Annicharico Steven
Bought by
834 Ocean Invest Llc

Purchase Details

Listed on
Jan 17, 2018
Closed on
Apr 5, 2018
Sold by
Edwards Charles R and Edwards Alexandra K
Bought by
Annicftarico Richari and Annicftarico Steven
Seller's Agent
Kimberly Rodstein
Douglas Elliman
Buyer's Agent
Kimberly Rodstein
Douglas Elliman
List Price
$315,000
Sold Price
$260,000
Premium/Discount to List
-$55,000
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Smith Ronald Martin and Smith Cynthia Ann
Bought by
Edwards Charles R and Edwards Alexandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2001
Sold by
Ronald Smith and Ronald Cynthia A
Bought by
Smith Cynthia Tr A and Smith Ronald Tru M

Purchase Details

Closed on
Apr 1, 1999
Sold by
Casa Grande Hotel Inc
Bought by
Smith Ronald M and Smith Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,150
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1997
Sold by
Casa Grande Associates
Bought by
Casa Grande Hotel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
7.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Panda777 Llc $400,000 Clear Title
Panda777 Llc $400,000 Clear Title
834 Ocean Invest Llc $320,000 Clear Title Services Inc
Annicftarico Richari $260,000 Attorney
Edwards Charles R $280,000 --
Smith Cynthia Tr A $100 --
Smith Ronald M $204,000 --
Casa Grande Hotel Inc $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Charles R $123,500
Previous Owner Edwards Charles R $196,000
Previous Owner Casa Grande Hotel Inc $163,150
Previous Owner Casa Grande Hotel Inc $2,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $400,000 -7.0% $702 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $429,999 -2.3% $754 / Sq Ft
03/27/2023 03/27/23 For Sale $440,000 +10.0% $772 / Sq Ft
11/08/2022 11/08/22 Off Market $400,000 -- --
10/25/2022 10/25/22 For Sale $430,000 +65.4% $754 / Sq Ft
04/11/2018 04/11/18 Sold $260,000 -7.1% $456 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/02/2018 03/02/18 Price Changed $280,000 -6.0% $491 / Sq Ft
02/17/2018 02/17/18 Price Changed $298,000 -5.4% $523 / Sq Ft
01/16/2018 01/16/18 For Sale $315,000 -- $553 / 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 $5,995 $319,056 -- --
2024 $5,289 $319,056 -- --
2023 $5,289 $279,874 $0 $0
2022 $5,259 $279,874 $0 $0
2021 $5,027 $260,348 $0 $0
2020 $4,800 $247,950 $0 $0
2019 $4,805 $247,950 $0 $0
2018 $4,663 $247,950 $0 $0
2017 $4,494 $235,980 $0 $0
2016 $4,207 $216,600 $0 $0
2015 $4,288 $216,315 $0 $0
2014 $3,995 $196,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11289259

MIAMI REALTORS® MLS

APN: 02-4203-170-0460