NOT LISTED FOR SALE

Estimated Value: $166,000 - $228,000

Studio
1 Bath
330 Sq Ft
1948 Built

Sale Details

Date Sold: March 2, 2022

Last sale price $175,000 $530 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,321 / mo

168 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Cooling Available
  • Furnished
  • Walk-In Closet
  • 3-minute walk to Allison Park

About This Home

As of March 2022

This is a studio with direct ocean views. It is sold furnished. Ideal apartment for a mixed use, second home and investment property. This building allows daily rentals. Do Airbnb rentals and earn money when you join the short rental program.
Now under always rented by a private management company.
Buyer can choose to continue under private management company since there is no hotel program.
The building is working now to pass the 50 years recertifications. There is a special assessment in place. Seller will pay special assessment in full at closing.
Please read brokers remarks. Please use the virtual tour!

Last Agent to Sell the Property

Patricia Rapan

Beachfront Realty Inc License #3123892 Listed on: 09/15/2021

Beachfront Realty Inc

Co-Listed By

Fernando Ostolaza

My Realty Group, LLC. License #3055698

Last Buyer's Agent

Lisandra Vettoretti

Coldwell Banker Realty License #3069238

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 1948

Lot Details

  • Ocean Front

Home Design

  • Condo Hotel
  • Entry on the 5th floor
  • Brick Front

Interior Spaces

  • 330 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring
  • Direct Ocean Views
  • Electric Range

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-064-0430

Community Details

Overview

  • Property has a Home Owners Association
  • Casablanca Condos
  • The Casablanca Condo Subdivision
  • 9-Story Property

Recreation

Pet Policy

  • No Pets Allowed

Additional Features

  • Maintenance Expense $750
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,725

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Co List Office Mls Id: RMXC05
  • Co List Office Phone: 954-767-4667
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE CASABLANCA CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 330
  • Possible Use: Investment
  • Stories: 9
  • Bedroom Features: Studio

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Other, None
  • Construction Type: Brick
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Casablanca
  • Parking Features: Other

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Guard At Site

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-064-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2725

Multi Family

  • Maintenance Expense: 750

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Bought by
Current Estimated Value
$197,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$114,263
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$82,957

Purchase Details

Listed on
Sep 15, 2021
Closed on
Mar 2, 2022
Sold by
Bought by
Seller's Agent
Patricia Rapan
Beachfront Realty Inc
Buyer's Agent
Lisandra Vettoretti
Coldwell Banker Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Mar 17, 2014
Sold by
Bought by

Purchase Details

Closed on
May 11, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,720
Interest Rate
8.35%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$197,000 None Listed On Document
$175,000 Sunbelt Title
$170,000 M G Title Services
$60,000 --
$58,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $116,000
Previous Owner $46,720
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Sold $175,000 -2.8% $530 / Sq Ft
09/15/2021 09/15/21 For Sale $180,000 -- $545 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,086 $155,993 -- --
2024 $2,873 $164,203 -- --
2023 $2,873 $152,040 $0 $0
2022 $2,381 $126,700 $0 $0
2021 $2,718 $140,778 $0 $0
2020 $2,725 $140,778 $0 $0
2019 $3,029 $156,327 $0 $0
2018 $3,094 $164,555 $0 $0
2017 $2,929 $153,790 $0 $0
2016 $2,845 $146,465 $0 $0
2015 $2,638 $133,150 $0 $0
2014 $1,656 $74,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11099171

MIAMI REALTORS® MLS

APN: 02-3211-064-0430

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