Great income $ 45, 000 a year 2022 & 2023 with this legal short term rental STR condo at the Hudson in South Beach. Licensed and permitting daily rentals on Airbnb and VRBO with cap rates of 7-9%. This fully renovated studio, with a full kitchen and luxurious bathroom, has garnered excellent reviews from past guests. Located just 1.5 blocks from Lincoln Road and 2.5 blocks from the ocean, it offers the perfect blend of historic charm and modern amenities. Own a piece of South Beach history while enjoying a prime location and great income. Welcome to The Hudson Retreat where Art Deco allure meets investment opportunity. Income statements available. Unit generates $ 40-50K a year
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- BedroomonMainLevel
- ClosetCabinetry
- Elevator
- LivingDiningRoom
- MainLivingAreaEntryLevel
- ThirdFloorEntry
- Flooring: Marble, Wood
- Window Features: Blinds
Appliances
- Dishwasher
- ElectricRange
- Refrigerator
Heating and Cooling
- Cooling Features: CentralAir, WallWindowUnits
- Heating Features: Central, WallFurnace
- Heating: Yes
Exterior and Lot Features
- Patio
- Patio And Porch Features: Patio
Pool and Spa
- Pool Features: Association
Garage and Parking
- Parking Features: OnStreet
Home Features
- View: City, Garden
- Security Features: ComplexFenced, Intercom, PhoneEntry, FireSprinklerSystem
Homeowners Association
- Association: Yes
- Association Amenities: Pool, Elevators
- Association Fee: 502
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, CommonAreas, Insurance, Pools, ReserveFund, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 502
- Pets Allowed: Conditional, Yes
School Information
- Elementary School: North Beach
- High School: Miami Beach
- Middle School: Nautilus
Multi-Unit Info
- Unit Type: East Of Us1, Penthouse, Substantially Remodeled
Rental Info
Other Property Info
- Annual Tax Amount: 3930
- Source Listing Status: Active
- County: Miami-Dade County
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: SOUTH BEACH HUDSON CONDO
- Parcel Number: 02-32-34-143-0230
- Postal City: Miami Beach
- Postal Code Plus 4: 7906
- Subdivision: SOUTH BEACH HUDSON CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 400
- Year Built: 1937
- Building Area Total: 400
- Construction Materials: Block
- Direction Faces: South
- Entry Level: 3
- Entry Location: 3
- Property Age: 87
- Property Attached: Yes
- Property Condition: UpdatedRemodeled
- Building Total Stories: 3
- House Style: Condo 1-4 Stories
- Year Built Details: Resale
- Architectural Style: Penthouse
Utilities
