by Global Lifestyle Properties

See Home Value
$437,500
● Condo - Off Market

#132

Miami Beach, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
410 Ft²
$3,301
Est. Monthly
$687
HOA / Fees

About This Property

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 (239 and 328).
Unit Size
410 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,098
Property Type
Condo
Property Taxes
$404
HOA Dues
$687
Year Built
-

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Last updated: 3 years ago (Beaches MLS #F10428272)

Price History

Date / Event Date Event Price
Apr 22, 2024 Sold
Sold
Mar 10, 2024 Listed by E PRO Realty $450,000
Listed by E PRO Realty

Property Highlights

Parking Details
Parking Features: None, Street Parking
Interior Details
Full Bathrooms: 1
Main Level Bathrooms: 1
Interior Features: Pantry
Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
Flooring Type: Laminate
Exterior Details
Listing Terms: Cash, Conventional
Construction Type: Concrete Block Construction
Exterior Features: None
Financial Details
Total Taxes: $4,846
Tax Year: 2022
Possession Information: At Closing
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: Ocean Drive, South of 5th Street on the Beach Side.
Subdivision Complex Building: Ocean Walk On South Beach
Water Access: None
Waterfront Description: Ocean Front
HOA Details
HOA Fee: $687 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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