#239 Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 410 sqft
Price per Sqft $1,402
Subdivision Ocean Walk On South Beach
MLS Listing ID F10428268
Style Condo 1-4 Stories
Bedrooms 1
Full Baths 1
HOA Fees $640/mo
Year Built 1939
Annual Tax Amount $4,846
Tax Year 2022
Property Description
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).
Location
State FL
County Miami-dade County
Building/Complex Name Ocean Walk On South Beach
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Laminate
Equipment Dishwasher,Disposal,Electric Range,Refrigerator
Exterior
Exterior Feature None
Amenities Available Common Laundry,Pool
Waterfront Yes
Waterfront Description Ocean Front
Water Access Y
Building
Foundation Concrete Block Construction
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Pets Description No Restrictions