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Back 507/509/834 Ocean Drive
Off Market

507/509/834 Ocean Drive

Miami Beach FL 33139

3
2
1440 sq. ft.
Condo
Last sold for $837,500
Federica TuatyFederica Tuaty, last sold this property on 25 February 2026 after 211 days on market.

Overview

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.

Features

3 bedrooms
2 bathrooms
1440 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Miami Beach over the last 12 months, the estimated median property value of 507/509/834 Ocean Drive is $3.58m.

Median value
$3.58m
Estimated value range
$575k - $13.1m
Median days on market
107
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miami Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507/509/834 Ocean Drive

2026
Sold
$837,500
25 Feb 2026 by Federica Tuaty, of ORBIS Realty, LLC

Happy sellers in Miami Beach

89%
89% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Miami Beach over the last 12 months.

Local market activity for 3 bedroom condos in Miami Beach

In the last 12 months, 92 three-bedroom condos similar to 507/509/834 Ocean Drive, have been sold.

This represents a 31% decrease in three-bedroom condos sales when compared to the previous 12 months.

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