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Miami Beach, FL 33139

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For Sale

$450,000

1 beds • 1 baths • 410 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Condominium
    Property type

  • $1,097.56
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

INVESTMENT...LOCATION... Great investment opportunity with a legal AirBnB permit in South Point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ CAP rate, combined with low monthly fees. Location is unbeatable; right in the coveted South Point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 239).
MLS# F10428263

Courtesy Of EPro Realy and Property Management

(954) 306-2829

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Appliances
    Dishwasher, Garbage Disposer, Range - Electric, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Block, Concrete Block
  • Floor Covering
    Laminate
  • Heating System
    Central Furnace
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath
  • View Type
    Ocean

Area Map

Home seller CENTURY 21 King Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 King Realty

(305) 651-6161
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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