About this Property

INVESTORS!!! Make at least 10% annual ROI with this cash cow rented at $1,700/month until Dec 2025. Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. This co-op has invested ~$700K in capital improvements completed in the last 5 years (electrical, structural, roof). No special assessments. Low HOA paid yearly. Well-managed, extremely quiet, and safe building. Unit features two entrances, including a private street entrance. Steady rental income. Cash-only purchase. NO SHORT TERM RENTALS ALLOWED. Rent minimum twice per year. Contact listing agent @oberdel (Ober Delgado) for a showing

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of United Realty Group Inc.