$425,000
Active
53 Days Online
1 Bed1 Bath410 SQFT
Active
Address Withheld
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 239).
- Property TypeCondo
- NeighborhoodOcean Walk On South Beach
- CountyMiami-Dade
- Taxes$4,846
- HOA/Condo/Coop Fees$545
- Days on Site52 Days
- MLS StatusActive
- MLS ID NumberF10428263
- Home Size Source N/A
- Year Built1939
- Lot Size Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Construction Block
- Parking NoneOn Street
- Number of Stories 3
- Security Closed Circuit Camera(s)Lobby Secured
- Property Sub Type Condominium
- Garage Spaces 0
Interior Features
- Cooling Central Air
- Heating Central
- Appliances DishwasherElectric RangeDisposalRefrigerator
- Flooring Laminate
- Interior Main Level PrimaryPantry
- Laundry Features Common Area
- Window Features Blinds
Exterior Features
- View Ocean
- Pool Features Association
- Waterfront Property Yes
- Waterfront Features Ocean Front
- Exterior None
Community Features
- Association Dues 545
- Association Amenities LaundryPool
- Pets Yes
- Community Features Non Gated
- Senior Community No
- MLS Area 42
- Security Features Closed Circuit Camera(s)Lobby Secured
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Monthly Payment (Est.)
$2,109Copyright ©2024 Information is deemed reliable but not guaranteed.