Listing Courtesy of: Michael Cohen - E PRO Realty
954-306-2829
$425,000
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Address not provided Miami Beach, FL 33139
Condo
Residence
1
Beds
1
Baths
410
Sq. Ft.
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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).
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MLS#
F10428263
Property Type
Condo
Bedrooms
1
Bathrooms
1 Full
Year Built
1939
HOA Fee
$545
Monthly
Square Feet
410
sq. ft
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