834 Ocean Drive #406, Miami Beach, FL, 33139
About This Home
Turnkey Ocean Drive Investment | Daily Rentals Allowed | Steps to the Sand. Own a slice of iconic South Beach with this income-producing 1BR/1BA at Casa Grande Condo-Hotel, perfectly positioned directly across from the beach on world-famous Ocean Drive. This fully furnished, move-in ready unit is licensed for short-term rentals (daily allowed) offering immediate cash flow potential with zero setup. Featuring a full kitchen & turnkey interiors, it's ideal for investors, second-home buyers, or a flexible vacation property. Owners & guests enjoy 24-hour front desk service & security, while the HOA covers internet, water, laundry facilities & common area maintenance. Step outside to white sand beaches, top dining, nightlife & everything that makes South Beach a world-renowned destination.
Getting Around
Walker's Paradise
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1923
Materials
- Roof: Tile
- Construction materials: Block
Type & Style
- Home type: Condo
- Architectural style: Art Deco
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Breakfast Area,Elevator,Kitchen Island,Tub Shower
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 570
- Total interior livable area: 570 sqft
Kitchen
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Living Room
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Master Bedroom
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Property
Details
- Parcel number: 0242031700390
- Zoning: 6501
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Entry Level Living Area Y
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,098 | $25,176 |
| Home Insurance * | $7 | $84 |
| Property Taxes | $280 | $3,360 |
| Electricity | $197 | $2,366 |
| Total | $2,582 | $30,984 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-11 | Price change | $415,000 |
| 2025-10-16 | Listed for sale | $420,000 |
| 2025-05-08 | Listing removed | $420,000 |
| 2024-12-26 | Listed for sale | $420,000 |
| 2024-05-22 | Listing removed | $420,000 |
| 2024-05-20 | Price change | $420,000 |
| 2023-09-29 | Price change | $480,000 |
| 2023-08-24 | Listed for sale | $550,000 |
| 2022-04-12 | Sold | $390,000 |
| 2022-03-30 | Contingent | $400,000 |
| 2021-05-01 | Listed for sale | $400,000 |
| 2019-05-07 | Sold | $285,000 |
| 2019-03-15 | Pending sale | $299,500 |
| 2019-03-08 | Price change | $299,500 |
| 2019-02-06 | Price change | $325,000 |
| 2019-01-02 | Listed for sale | $350,000 |
| 2012-11-27 | Listing removed | $299,000 |
| 2012-05-22 | Listed for sale | $299,000 |
| 2012-01-11 | Listing removed | $319,995 |
| 2011-01-13 | Listed for sale | $319,995 |
| 2003-12-29 | Sold | $305,000 |
| 1997-12-26 | Sold | $106,100 |
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