Two apartments sold together, #507 is 820 sq ft and #509 is 620 sq ft for a total of 1440 sq ft. Currently operating as a large 3 bedroom 2 bath short term daily rental in the CASA GRANDE condo hotel on the iconic world famous Ocean Drive in Miami Beach. 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 Cable TV, internet, WI-FI, electricity, water, 24 hour security & front desk, laundry facilities. Sold licensed and furnished for short-term rentals. All certifications are up to date through 2033.
Amenities
Elevators
Laundry
Interior Features
Built In Features
Bedroom On Main Level
Elevator
Custom Mirrors
Exterior Features
None
Property Tax Information
Tax Amount: $14,745
Tax Year: 2024
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Property Taxes
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varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
3 Beds
2 Baths
