Investment Opportunity | South Beach Art Deco Condo | Roi 2025-26: 4.25%-5.25% Turnkey Income-Generating Unit in Prime Miami Beach Location. Cash-Flow Positive. No Rental Restrictions. Leased At $1, 800/Mo - Zero Vacancy Through 03/2026. Net Operating Income: $12, 480/Year. Hoa: $760/Month Includes Water, Sewer, Electricity, Insurance, Cable Tv, Wifi. Fully Renovated. No Repairs Needed. Completed Recertification. Plumbing, Electrical, Facade, Pool, Bike Room, Entrance Intercom: All Assessments Paid. Best Floor Plan in The Mantell. Rare Find For Investors Seeking No-Risk Stable Returns in A High-Demand Rental Market. Seller Motivated. Act Fast-This Won't Last!!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- WalkInClosets
- Flooring: Tile
Appliances
Heating and Cooling
- Cooling Features: CeilingFans, WallWindowUnits
Exterior and Lot Features
- Courtyard
- Patio
- Patio And Porch Features: Patio
Pool and Spa
- Pool Features: Association
Garage and Parking
- Parking Features: OnStreet
Home Features
- View: Garden
- Other Equipment: Intercom
- Security Features: DoorMan, FireAlarm, PhoneEntry, FireSprinklerSystem, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: BikeStorage, Pool, Storage
- Association Fee: 760
- Association Fee Frequency: Monthly
- Association Fee Includes: CableTv, Laundry, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 760
- Pets Allowed: Conditional, Yes
- Pet Description: Restrictions Or Possible Restrictions
Condo Info
- Unit Location: East Of Us1
Other Property Info
- Annual Tax Amount: 3696
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2024
- Source Property Type: Residential
- Area: 32
- Property Subtype: condo
- Source Neighborhood: THE MANTELL CONDO
- Parcel Number: 02-32-27-026-0250
- Postal City: Miami Beach
- Postal Code Plus 4: 4626
- Public Survey Range: 32
- Public Survey Section: 27
- Public Survey Township: 2
- Subdivision: THE MANTELL CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 320
- Year Built: 1941
- Building Area Total: 320
- Construction Materials: Block
- Entry Level: 2
- Entry Location: 2
- Property Age: 84
- Property Attached: Yes
- Building Total Stories: 5
- Year Built Details: Resale