Great opportunity to own an income producing large 3 bedroom 2 bath short term rental in the CASA GRANDE condo hotel on the iconic world-famous Ocean Drive in Miami Beach. Originally two apartments converted into one, 507 is 820 sq ft and 509 is 620 sq ft for a total of 1440 sq ft. No rental restrictions, AIRBNB approved and licensed by city & building. Front desk and entry directly on Ocean Drive literally across the street from the beach, surrounded by restaurants, clubs and various amenities that make this a worldwide destination. HOA includes internet, common area maintenance, water, 24-hour security & front desk, laundry facilities. Building has a brand new roof. Sold licensed and furnished for short-term rentals. All certifications are up to date through 2033.
Sold for $837,500
$837,500
834 Ocean Dr #507-509, Miami Beach, FL 33139
3beds
1,440sqft
Condominium
Built in 1923
-- sqft lot
$828,500 Zestimate®
$582/sqft
$5,363 Estimated rent
Home value
$828,500
$729,000 - $944,000
$5,363/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Federica Tuaty 305-733-6762,
ORBIS Realty, LLC
Bought with:
Federica Tuaty, 3233339
ORBIS Realty, LLC
Source: MIAMI,MLS#: A11848453
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: Common Area
Features
- Interior Hall, Lobby, Built-in Features, Custom Mirrors, Elevator
- Furnished: Yes
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
Lot
- Features: East Of Us1
Details
- Parcel number: 0242031700430
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1923
Community & HOA
Community
- Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured
- Application fee: $150
- Pet fee: $0
- Subdivision: Casa Grande Condo
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s)
- HOA fee: $2,300 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $582/sqft
- Annual tax amount: $14,745
- Date on market: 7/28/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Sold | $837,500-9.5%$582/sqft |
Source:  MIAMI #A11848453 Report a problem | ||
| 12/2/2025 | Price change | $925,000-7.4%$642/sqft |
Source: MIAMI #A11848453 Report a problem | ||
| 8/29/2025 | Price change | $999,000-9.1%$694/sqft |
Source: MIAMI #A11848453 Report a problem | ||
| 7/28/2025 | Listed for sale | $1,099,000$763/sqft |
Source: MIAMI #A11848453 Report a problem | ||
| 7/1/2025 | Listing removed | $1,099,000$763/sqft |
Source: MIAMI #A11754702 Report a problem | ||
| 3/1/2025 | Listed for sale | $1,099,000$763/sqft |
Source: MIAMI #A11754702 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Flamingo Lummus
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Nearby schools
GreatSchools rating
- 5/10Fienberg/Fisher K-8 CenterGrades: PK-8Distance: 0.5 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.5 mi
Schools provided by the listing agent
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$828,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$828,500
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 834 Ocean Dr Unit 507-509
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