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- (305) 790-0199
Property
Beds
None
Full Baths
1
1/2 Baths
None
Year Built
1964
Sq.Footage
516
Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.
Features & Amenities
Interior
-
Other Interior Features
Other, Bar
-
Bathrooms
1
Area & Lot
-
Property Type
Residential
-
Architectural Style
Other
Exterior
-
Garage
No
-
Construction Materials
Other
-
Other Exterior Features
Balcony
-
Parking
None
Financial
-
Sales Price
$315,000
-
Tax Amount
5381.0
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Irina Dyagleva , Vera Realty LLC
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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