INVESTMENT…LOCATION… Great investment opportunity with a legal AirBnB permit in South Point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ CAP rate, combined with low monthly fees. Location is unbeatable; right in the coveted South Point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 328).
Property Details
Price:
$575,000
MLS #:
F10428268
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subdivision:
Ocean Walk On South Beach
Neighborhood:
42
City:
Miami Beach
Listed Date:
Mar 10, 2024
State:
FL
Finished Sq Ft:
410
ZIP:
33139
Year Built:
1939
See this Listing
Mortgage Calculator
Schools
Interior
Cooling Description
Central Cooling
Equipment Appliances
Dishwasher, Disposal, Electric Range, Refrigerator
Floor Description
Laminate
Heating Description
Central Heat
Interior Features
Pantry
Exterior
Amenities
Common Laundry, Pool
Exterior Features
None
Total Floors In Building
3
Financial
Assoc Fee Paid Per
Monthly
Association Fee
640
HOA Fee
$640
HOA Frequency
Monthly
Tax Amount
$4,846
Taxes
$4,846
Map
Community
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Listing courtesy of E PRO Realty, (954)–306–2829
© 2024 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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