Description

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.

Property Details

  • MLS Number: A11824939
  • Price: $315,000
  • Property Type: Condos
  • Subdivision Name: THE STRAND ON OCEAN DRIVE
  • County: Miami-Dade County
  • BuiltYear: 1964
  • Tax Amount: 5381.00
  • Area: 516 Sq.Ft.
  • HOAFee: 1,730
Listing provided courtesy of Vera Realty LLC
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  • Monica Lopez
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$1,053 Per Month

Monica Lopez
Fortex Realty

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