NOT LISTED FOR SALE

Estimated Value: $217,000 - $228,000

-- Bed
1 Bath
330 Sq Ft
$690/mo HOA Fee

Last Sold December 30, 2024

Last sale price $225,000 $682 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,190/month

114 Days on Market

Highlights

  • Valet Parking
  • Furnished
  • Central Heating and Cooling System
  • Ocean Front
  • Community Pool
  • 4-minute walk to Allison Park

About This Home

As of December 2024

ONLY ACCEPTING CASH OFFERS / QUICK CLOSE. Oceanfront balcony unit perfectly located in the heart of Miami Beach. TURN KEY investment for short term rental or vacation home. The Casablanca is one of only two buildings on Mid Beach that allows daily rentals through Airbnb & other platforms. Selling the studio FULLY FURNISHED, perfectly equipped and actively an Airbnb rental. Maintenance fee includes electric, water, 24 hour security, and beach access. Special assessment shown under maintenance fee.

Last Listed By

Carla Zelhof

Divina Realty, LLC License #0678512 Listed on: 07/24/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1948

HOA Fees

  • $690 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 1 Full Bathroom
  • 330 Sq Ft Home
  • Furnished
  • Direct Ocean Views
  • Microwave

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-064-0240

Community Details

Overview

  • Casablanca Condos
  • The Casablanca Condo Subdivision
  • 8-Story Property

Amenities

  • Valet Parking
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $496

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,048

Year Built

Built in 1948

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE CASABLANCA CONDO
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Furnished: Furnished
  • Living Area: 330
  • Possible Use: Investment
  • Stories: 8
  • Bedroom Features: Entry Level

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Casablanca
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 690
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-064-0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 496

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Dec 20, 2024
Sold by
Dfi Llc
Bought by
Casablanca Short Term Rental Llc
Seller's Agent
Carla Zelhof
Divina Realty, LLC
Buyer's Agent
Moses Schwartz
Beachfront Realty Inc
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Total Days on Market
114
Views
5
Current Estimated Value
$223,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,217
Avg. Annual Appreciation
-1.68%

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jun 22, 2022
Sold by
Zelhof Carla M
Bought by
Dfi Llc
Seller's Agent
Miguel Scott
WERC Realty, LLC
Buyer's Agent
Miguel Scott
WERC Realty, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.36%

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 13, 2022
Sold by
Stephen Shriver Ii and Blythe Sean
Bought by
Zelhof Carla M
Seller's Agent
Miguel Scott
WERC Realty, LLC
Buyer's Agent
Miguel Scott
WERC Realty, LLC
List Price
$300,000
Sold Price
$300,000

Purchase Details

Listed on
Nov 18, 2020
Closed on
Oct 28, 2021
Sold by
Iglesias and Laura
Bought by
Shriver Stephen and Shriver Sean Blythe
Seller's Agent
Beatriz Cajade
Florida Realty of Miami Corp
Buyer's Agent
Miguel Scott
WERC Realty, LLC
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
311.48%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Montesinos Alicia
Bought by
Iglesias Gerardo and Iglesias Laura

Purchase Details

Closed on
Mar 1, 2004
Sold by
Treffot Feliz
Bought by
Canales Gloria

Purchase Details

Closed on
Jan 10, 2003
Sold by
Falcon Alina
Bought by
Montesinos Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.1%

Purchase Details

Closed on
Sep 20, 1995
Sold by
Crescent Heights 42 Inc
Bought by
Falcon Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.93%

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
Casablanca Short Term Rental Llc $225,000 None Listed On Document
Casablanca Short Term Rental Llc $225,000 None Listed On Document
Dfi Llc -- Palmer Palmer & Mangiero
Zelhof Carla M $300,000 South Florida Law Pllc
Shriver Stephen $150,000 Sharp Title Solutions
Iglesias Gerardo $61,000 Floridas Key Title & Escrow
Canales Gloria $52,600 --
Montesinos Alicia $85,000 --
Falcon Alina $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casablanca Short Term Rental L $1,612,000
Previous Owner Montesinos Alicia $68,000
Previous Owner Falcon Alina $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $225,000 -4.3% $682 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $235,000 -21.7% $712 / Sq Ft
11/07/2024 11/07/24 Price Changed $300,000 -14.3% $909 / Sq Ft
07/24/2024 07/24/24 Price Changed $350,000 +40.0% $1,061 / Sq Ft
07/24/2024 07/24/24 For Sale $250,000 -16.7% $758 / Sq Ft
05/16/2022 05/16/22 Sold $300,000 0.0% $909 / Sq Ft
03/21/2022 03/21/22 For Sale $300,000 +100.0% $909 / Sq Ft
11/19/2021 11/19/21 Sold $150,000 -14.3% $455 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $175,000 +16.7% $530 / Sq Ft
02/05/2021 02/05/21 Price Changed $149,900 -6.3% $454 / Sq Ft
12/17/2020 12/17/20 Price Changed $159,900 -5.9% $485 / Sq Ft
11/18/2020 11/18/20 For Sale $170,000 -- $515 / 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
2024 $3,048 $174,204 -- --
2023 $3,048 $161,300 $0 $0
2022 $2,526 $134,418 $0 $0
2021 $2,862 $142,566 $0 $0
2020 $2,565 $137,511 $0 $0
2019 $2,534 $152,862 $0 $0
2018 $2,376 $160,907 $0 $0
2017 $2,225 $97,376 $0 $0
2016 $2,120 $88,524 $0 $0
2015 $1,973 $80,477 $0 $0
2014 $1,619 $73,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11629257

MIAMI REALTORS® MLS

APN: 02-3211-064-0240