Atlantic Luxury Advisors
834 Ocean #406 photo 1834 Ocean #406 photo 2834 Ocean #406 photo 3834 Ocean #406 photo 4834 Ocean #406 photo 5

20 photos

834 Ocean #406

Miami Beach, FL 33139

$415,000
0
1
570 sq ft
1923
Condominium
$904/mo
134
Active

Listing courtesy of HomeSmart (Christine Bouchard). Contact: [email protected].

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.

What it costs to own
Estimated monthly payment
$3,836/mo
Principal and interest
$2,098
Property tax
$576
Homeowners insurance
$258
HOA
$904

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$6,914/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$904/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.