Квартира в Penn Eleven Condominiums на продажу

INVESTOR OPPORTUNITY — STEPS FROM THE BEACH! Vacant and unfurnished updated studio in the heart of South Beach, offering an excellent cash-flow investment with an estimated ~10% cap rate under current long-term rental guidelines. Located in a well-maintained building that has passed its 40-Year Recertification.

Offered at $159,000 with HOA of $481/month (paid annually). Approximately $700,000 in capital improvements completed over the last five years, including electrical, structural, and roof upgrades — all fully assessed. HOA includes all standard insurance, including wind. Building is quiet, secure, and professionally managed.

The unit features two separate entrances, including a private street entrance, increasing tenant appeal. Short-term rentals and Airbnb are not permitted; however, the building allows long-term rentals with a minimum of two leases per year, providing stable and predictable income.

With the unit vacant and rent-ready, this is an ideal opportunity for investors seeking immediate placement, strong returns, and low future capital risk in one of Miami Beach’s most desirable locations.

Cash only purchase.

• Налоги, в год: $1,114
• На продаже, дней: 130
• Что включено в обслуживание: N
• Наличие бассейна: Да
• Животные: Да
• Кондиционер: Wall/Window Unit(s)
• Удобство в комплексе: None
• Парковка: On Street
• Гараж: On Street