Property details
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).
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Flooring
- Flooring: Laminate
Heating
- Heating features: Central
Cooling
- Has cooling: Yes
- Cooling features: Central Air
Appliances
- Appliances included: N/A
Other interior features
- Virtual tour: Link
Property
Property
- Pool features: Association
- Private pool: No
- Exterior features:
- Patio & Porch details:
- View description: Ocean
Other property information
- Parcel number: 02-42-03-206-0770
- Attached to another structure: Yes
Construction
Type & style
- Home type:
Material information
- Construction: Block
Condition
- Year built: 1939
Community & Neighborhood
Location
- Region: Miami Beach
HOA & Financial
HOA
- Has HOA: No
- HOA fee: 640
- Amenities included: Laundry, Pool
Other financial information
- Buyer agency compensation: N/A
Similar properties
$525,000
1 be, 1 ba, area of 410 sqft
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139
$525,000
2 be, 2 ba, area of 837 sqft
Apartment of type Condo in Euclid Avenue, Miami Beach FL
ZIP code 33139
$529,000
2 be, 2 ba,
Apartment of type Condo in Miami Beach FL
ZIP code 33139
$545,000
2 be, 1 ba, area of 740 sqft
Apartment of type Condo in Collins Ave, Miami Beach FL
ZIP code 33140
$549,000
2 be, 1 ba, area of 609 sqft
Apartment of type Condo in Collins Ave, Miami Beach FL
ZIP code 33139
$549,000
2 be, 1 ba, area of 740 sqft
Apartment of type Condo in Collins Ave, Miami Beach FL
ZIP code 33140
Nearby properties
$450,000
1 be, 1 ba,
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139
$509,900
1 be, 1 ba, area of 654 sqft
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139.0
$575,000
1 be, 1 ba, area of 656 sqft
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139
$475,000
1 be, 1 ba, area of 656 sqft
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139
$515,000
1 be, 1 ba, area of 410 sqft
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139
$399,000
1 be, 1 ba, area of 410 sqft
Apartment of type Condo in Ocean Dr, Miami Beach FL
ZIP code 33139
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Invest in Miami
Leave us your details and receive personalized advice on how to invest in Miami