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$ 450,000
Est. payment | /mo
2 Beds
1 Bath
612 SqFt
$ 450,000
Est. payment | /mo
2 Beds
1 Bath
612 SqFt
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 612 sqft
Price per Sqft $735
MLS Listing ID 11964182
Bedrooms 2
Full Baths 1
Year Built 1935
Annual Tax Amount $6,876
Tax Year 2026
Property Description
Fully renovated 2-bedroom, 1-bath corner residence in the heart of South Beach, just a 2-minute walk to Ocean Drive and the beach. This income-producing property has generated approximately $60,000 annually for the past two years, offering an established track record for investors. All vacation rental licenses are current and transferable. The residence features a modern kitchen, spacious living and dining areas, central A/C, and an updated interior. Airbnb and short-term rentals are permitted with no rental restrictions, no condo-hotel requirements, and no management income split. Ideally located near world-class dining, nightlife, shopping, and entertainment, with public parking less than one minute away. An exceptional opportunity for investors seeking a turnkey short-term rental or buyers looking for a South Beach vacation residence with income potential.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Interior
Laundry 1
Building
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12081881
Nearby Locations
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Barb Schlinker
Broker / Owner License ID: 40004572