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Key Details
Sold Price $290,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Subdivision The Strand On Ocean Drive
MLS Listing ID A10745235
Sold Date 07/17/20
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $1,052/mo
HOA Y/N Yes
Year Built 1934
Annual Tax Amount $5,563
Tax Year 2018
Contingent No Contingencies
Property Description
Amazing investment opportunity in this beautiful ocean front condo-hotel. Property can be rented short term on airbnb with no rental restrictions. Daily rentals allowed. Fully furnished 1 bedroom unit in the center of Ocean Drive, 1 block from the former Versace mansion. Across the street from the beach. Spectacular rooftop pool and bar. This property generates great cash flow, grossing between $40k and $50k per year.
Location
State FL
County Miami-dade County
Community The Strand On Ocean Drive
Area 42
Interior
Interior Features Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Intercom
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Equipment Intercom
Furnishings Furnished
Window Features Blinds
Appliance Dishwasher, Electric Range, Disposal, Microwave
Laundry Common Area
Exterior
Pool Association
Utilities Available Cable Available
Amenities Available Business Center, Laundry, Other, Pool, Elevator(s)
Waterfront No
View Garden, Other
Parking Type Valet
Garage No
Building
Structure Type Block
Construction Status Resale
Others
Pets Allowed No Pet Restrictions, Yes
HOA Fee Include All Facilities,Common Areas,Cable TV,Hot Water,Insurance,Maintenance Structure,Other
Senior Community No
Tax ID 02-42-03-302-0800
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Description No Pet Restrictions, Yes
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Bought with International Prestige Associates
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