$2,800,000
$400K PRICE DROP

Estimated payment $19,646/month

Total Views 1,662
2 Beds
2.5 Baths
1,589 Sq Ft
$1,762 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Penthouse
  • North Beach Elementary School Rated A-
  • Fitness Center
  • 3-minute walk to 36th Street Park

About This Home

Penthouse N-605 at The Caribbean is a must see! The combination of a Private Roof Deck with spectacular views of the Ocean,the Bay, and the Skyline is breathtaking. The spacious 2BR/2.5BA layout with natural light is perfect for a relaxed, open living environment. Enjoy a sleek European kitchen with Miele appliances, Sub-Zero fridge, and gas range, Thoughtfully designed built-ins maximize storage while maintaining elegance. Amenities include Beach Service, 24-hour Front Desk, Valet, Gym, Wine Cellar, Cigar Humidor. Boutique building The Caribbean is the best kept secret. Boardwalk and the Ocean is your backyard! Nearby Soho House, The Faena, Fountainebleau Resort, and the New Aman. Location does not get any better!!

Listing Agent

Ida Schwartz

Compass Florida, LLC. License #3027529

Compass Florida, LLC.

Co-Listing Agent

Minette Schwartz

Compass Florida, LLC. License #3313904

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,298

Year Built

  • Built in 1941

HOA Fees

  • $2,940 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Direct Ocean

Home Design

  • Penthouse

Interior Spaces

  • 1,589 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Deck

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-052-0250

Community Details

Overview

  • 104 Units
  • Mid-Rise Condominium
  • The Caribbean Condo
  • The Caribbean Condo Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Business Center

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Secure Elevator
  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,298

Year Built

Built in 1941

Lot Details

0

HOA Fees

$2,940 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: 37th Street and Collins Ave
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE CARIBBEAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Volume Ceilings, Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble, Tile
  • Living Area: 1589
  • Stories: 7
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Direct Ocean, Pool Area View, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Caribbean Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2940
  • Amenities: Business Center, Elevator(s), Exercise Room, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-26-052-0250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13298

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $12,962 $748,876 -- --
2023 $12,962 $727,065 $0 $0
2022 $12,488 $705,889 $0 $0
2021 $12,442 $685,330 $0 $0
2020 $12,295 $675,868 $0 $0
2019 $12,013 $660,673 $0 $0
2018 $11,420 $648,355 $0 $0
2017 $11,315 $635,020 $0 $0
2016 $11,293 $621,959 $0 $0
2015 $11,436 $617,636 $0 $0
2014 $11,633 $612,735 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $2,800,000 -12.5% $1,762 / Sq Ft
02/28/2025 02/28/25 For Sale $3,200,000 -- $2,014 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $845,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $755,000 New Conventional
Closed $900,000 Adjustable Rate Mortgage/ARM
Closed $499,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11753902

MIAMI REALTORS® MLS

APN: 02-3226-052-0250