Stylishly updated second-floor 1-bedroom / 1-bath residence ideally situated one block from Lincoln Road and just a short walk to the ocean. This inviting apartment features elegant marble flooring, a spacious primary bedroom with en-suite bath, and a bright, open living area, all within a quiet boutique-style building. The condominium has been fully renovated and offers no pending assessments, making it an excellent opportunity for both investors and end users. A flexible rental policy allows 6-month or annual leases, providing strong income potential. The kitchen offers space to install a washer and a stove with oven for added convenience. Enjoy the best of South Beach living, just steps from Espanola Way, premier dining, shopping, entertainment, and the beach. Property is currently tenant-occupied. Showings available by appointment only with at least 48-hour notice
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- BedroomOnMainLevel
- SecondFloorEntry
- MainLevelPrimary
- Flooring: Marble
Appliances
- ElectricRange
- Microwave
- Refrigerator
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
Garage and Parking
- Parking Features: OnStreet
Home Features
- View: Garden
- Security Features: ComplexFenced, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Fee: 675
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas, MaintenanceStructure
- Calculated Total Monthly Association Fees: 675
- Pets Allowed: DogsOk, Yes
- Dogs Allowed: Yes
- Senior Community: No
School Information
- High School: Miami Beach
- Middle School: Nautilus
Condo Info
- Unit Location: Corner Unit
Rental Info
Other Property Info
- Annual Tax Amount: 3893
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2024
- Restrictions: OkayToLease1stYear, OkToLease
- Source Property Type: Residential
- Area: 32
- Property Subtype: condo
- Source Neighborhood: FIRST ON PENN CONDO
- Parcel Number: 02-32-34-227-0200
- Postal City: Miami Beach
- Postal Code Plus 4: 3661
- Public Survey Range: 32
- Public Survey Section: 34
- Public Survey Township: 2
- Subdivision: FIRST ON PENN CONDO
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 456
- Year Built: 1938
- Building Area Total: 456
- Construction Materials: Block
- Entry Level: 2
- Entry Location: 2
- Property Age: 88
- Property Attached: Yes
- Building Total Stories: 2
- Year Built Details: Resale