NOT LISTED FOR SALE

Estimated Value: $219,000 - $227,000

-- Bed
1 Bath
330 Sq Ft
$609/mo HOA Fee

Last Sold January 23, 2025

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

Est. 1% decrease in value since last sale

Current estimated payment $2,062/month

84 Days on Market

Highlights

  • Valet Parking
  • Property has ocean access
  • Community Pool
  • Ocean View
  • Waterfront
  • 4-minute walk to Allison Park

About This Home

As of January 2025

PERFECT FOR INVESTORS!!!! Short term rentals allowed! A fantastic investment deal!
Great furnished studio on the beach. Unit features granite counters, 2-burner stovetop, microwave, fridge and more. HOA is only $690/month, covering electricity, cable/internet, water, and trash.
Only one block from Millionaires’ Row and less than 15 minutes from South Beach! There are many restaurants, Publix, and grocery stores—all within walking distance. Relax and enjoy resort-style living or take a great opportunity for investment! Call the listing agent or use the ShowingTime app.

Cash offers preferred. Building with
assessments and seller request that buyer takes over assessment's. Buyer agent to accompany buyer at showing. Buyer or buyer agent to verify all info and info and
assessments.

Last Listed By

Taylor Coffee

Douglas Elliman License #3448317 Listed on: 10/31/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1948

HOA Fees

  • $609 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Concrete Block With Brick

Interior Spaces

  • 330 Sq Ft Home
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Property has ocean access
  • Waterfront
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-064-1580

Community Details

Overview

  • Mid-Rise Condominium
  • The Casablanca Condo
  • The Casablanca Condo Subdivision
  • 10-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Laundry Facilities
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,490

Year Built

Built in 1948

Lot Details

0

HOA Fees

$609 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Condominium
  • Co List Office Mls Id: FLL802479
  • Co List Office Phone: (561) 245-2635
  • Entry Level: 6
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE CASABLANCA CONDO
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Walk-In Closet(s)
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 330
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Bedroom Features: Studio

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Other
  • Construction Type: Concrete Block With Brick
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE CASABLANCA CONDO
  • Open Parking: Yes
  • Parking Features: On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 609
  • Amenities: Laundry, Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-064-1580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Jan 23, 2025
Sold by
Bailey Roy Taneisha and Taneisha Bailey Roy Revocable Living Tru
Bought by
Casablanca Short Term Rental Llc
Seller's Agent
Taylor Coffee
Douglas Elliman
Buyer's Agent
Moses Schwartz
Beachfront Realty Inc
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Total Days on Market
84
Views
6
Current Estimated Value
$223,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,928
Avg. Annual Appreciation
-3.38%
Original Mortgage
$1,612,000
Outstanding Balance
$1,612,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$1,388,928

Purchase Details

Closed on
Apr 28, 2023
Sold by
Roys Place Llc
Bought by
Taneisha Bailey Roy Revocable Living Trust and Roy

Purchase Details

Closed on
Jul 27, 2022
Sold by
Bailey Roy Taneisha
Bought by
Roys Place Llc

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 6, 2022
Sold by
Kronos Propertys Llc
Bought by
Roy Taneisha Bailey
Seller's Agent
Antulio Montiel
Caba Real Estate
Buyer's Agent
Robyn Contract
Coral Shores Realty
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Mar 9, 2015
Sold by
Minc Ramiro
Bought by
Kronos Propertys Llc
Seller's Agent
Rebecca Giacobba
LPT Realty
List Price
$154,900
Sold Price
$170,000
Premium/Discount to List
$15,100
9.75%

Home Financials for this Owner

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

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 8, 2014
Sold by
Bank Of America Na
Bought by
Minc Ramiro
Seller's Agent
Rebecca Giacobba
LPT Realty
List Price
$154,900
Sold Price
$170,000
Premium/Discount to List
$15,100
9.75%

Purchase Details

Closed on
Sep 18, 2014
Sold by
Gonzalez Juan Pedro
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 8, 2005
Sold by
Ivem Inc
Bought by
Gonzalez Juan Pedro and Lamas Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2003
Sold by
Berkowitz Emilio and Berkowitz Silvia
Bought by
Ivem Inc

Purchase Details

Closed on
Nov 21, 1994
Sold by
Crescent Heights 42 Inc
Bought by
Berkowitz Emilio and Berkowitz Silvia

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
Casablanca Short Term Rental Llc $225,000 None Listed On Document
Taneisha Bailey Roy Revocable Living Trust -- None Listed On Document
Roys Place Llc -- None Listed On Document
Roy Taneisha Bailey $173,000 South Florida Title
Kronos Propertys Llc -- None Available
Minc Ramiro $170,000 Buyers Title Inc
Bank Of America Na $89,400 None Available
Gonzalez Juan Pedro $135,000 Great Country Title Services
Ivem Inc -- --
Berkowitz Emilio $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casablanca Short Term Rental L $1,612,000
Previous Owner Gonzalez Juan Pedro $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $225,000 -4.3% $682 / Sq Ft
10/31/2024 10/31/24 For Sale $235,000 +35.8% $712 / Sq Ft
05/06/2022 05/06/22 Sold $173,000 -1.1% $524 / Sq Ft
03/17/2022 03/17/22 For Sale $175,000 0.0% $530 / Sq Ft
05/04/2019 05/04/19 Rented $1,200 0.0% --
04/24/2019 04/24/19 For Rent $1,200 0.0% --
01/15/2015 01/15/15 Sold $170,000 +9.7% $515 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $154,900 -- $469 / 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 $2,490 $142,301 -- --
2023 $2,490 $131,760 $0 $0
2022 $2,210 $117,639 $0 $0
2021 $2,205 $114,213 $0 $0
2020 $2,403 $124,146 $0 $0
2019 $2,673 $137,959 $0 $0
2018 $2,731 $145,220 $0 $0
2017 $2,585 $135,720 $0 $0
2016 $2,511 $129,260 $0 $0
2015 $2,328 $117,510 $0 $0
2014 $1,589 $61,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11683233

MIAMI REALTORS® MLS

APN: 02-3211-064-1580