Studio in the Condo in Miami Beach, Florida № 1827431

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Studio in the Condo in Miami Beach, Florida  № 1827431
ID1827431 $ 175 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1827431

Property description

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
MLS #: A11839216
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CityMiami Beach
Address1060 Pennsylvania Ave # 4, Miami Beach FL 33139
TypeCondominium
Living space35.3 m²
  • sq. ft
Completion dateIV quarter, 1962
Parking typeOpen air
Price
  • Price
  • per m²
$ 175 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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