NEW REDUCED PRICE + SELLER CREDITS TOWARD BUYERS CLOSING COSTS + RESERVES FOR FINANCING! JUST STEPS FROM THE BEACH, THIS PROPERTY IS AN INVESTOR SPECIAL CASH FLOW FROM DAY ONE! FULLY RENTED 1BD/1BA CONDO IN THE HEART OF SOUTH BEACH, GENERATING $2, 000/MONTH WITH A LEASE SECURED THROUGH JANUARY 2026. ENJOY ZERO VACANCY RISK AND IMMEDIATE, GUARANTEED RETURNS. - IT'S A MUST SEE - SITUATED IN ONE OF MIAMIS MOST IN-DEMAND RENTAL MARKETS, THIS BRIGHT AND SPACIOUS UNIT FEATURES AN OPEN LAYOUT, STAINLESS STEEL APPLIANCES, A WALK-IN CLOSET, AND A GENEROUSLY SIZED KITCHEN.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- BedroomOnMainLevel
- FirstFloorEntry
- Flooring: Vinyl
Appliances
- Dishwasher
- ElectricRange
- Microwave
- Refrigerator
- TrashCompactor
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
Garage and Parking
- Parking Features: OnStreet
Homeowners Association
- Association: Yes
- Association Amenities: Laundry
- Association Fee: 487
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance, Laundry, MaintenanceStructure
- Calculated Total Monthly Association Fees: 487
- Pets Allowed: Conditional, Yes
- Pet Description: Restrictions Or Possible Restrictions
Condo Info
- Unit Location: Corner Unit, East Of Us1
Other Property Info
- Annual Tax Amount: 3408
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2024
- Ownership: Sole Proprietor
- Source Property Type: Residential
- Area: 42
- Property Subtype: condo
- Source Neighborhood: PENN PLAZA CONDO
- Parcel Number: 02-42-03-246-0010
- Postal City: Miami Beach
- Postal Code Plus 4: 4920
- Public Survey Range: 42
- Public Survey Section: 3
- Public Survey Township: 2
- Subdivision: PENN PLAZA CONDO
- Property Subtype: Condominium
- Source System Name: C2C
- Coming Soon Date: 2024-09-02
Building and Construction
- Total Square Feet Living: 580
- Year Built: 1925
- Building Area Total: 580
- Construction Materials: Block
- Entry Level: 1
- Entry Location: 1
- Property Age: 100
- Property Attached: Yes
- Building Total Stories: 3
- Year Built Details: Resale
Home Features
- Security Features: ComplexFenced