1. John DeSalvio, REALTOR ®

Address Not Provided

Priced at Only: $425,000

Would you like to sell your home before you purchase this one?

  • MLS#: F10428263 ( Condo/Co-Op/Villa/Townhouse )
  • Street Address: Address Not Provided
  • Viewed: 7
  • Price: $425,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1939
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 313
Description
INVESTMENT...LOCATION... Great investment opportunity with a legal AirBnB permit in South Point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ CAP rate, combined with low monthly fees. Location is unbeatable; right in the coveted South Point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 239).
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Construction Type: Concrete Block Construction
  • Exterior Features: None
  • Floor Description: Laminate
  • Year Built Description: Resale
Property Information
  • Typeof Property: Condo
Land Information
  • Subdivision Name: Ocean Walk On South Beach
  • Subdivision Number: 206
Garage and Parking
  • Parking Description: None, Street Parking
Eco-Communities
  • Water Access: None
  • Waterfront Description: Ocean Front
Utilities
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Pet Restrictions: No Restrictions
  • Windows Treatment: Blinds/Shades
Amenities
  • Amenities: Common Laundry, Pool
Finance and Tax Information
  • Application Fee: 100
  • Assoc Fee Paid Per: Monthly
  • Home Owners Association Fee: 545
  • Dade Assessed Amt Soh Value: 257887
  • Dade Market Amt Assessed Amt: 257887
  • Security Information: Lobby Secured, Tv Camera
  • Tax Year: 2022
Other Features
  • Approval Information: 1-2 Weeks Approval
  • Board Identifier: BeachesMLS
  • Complex Name: Ocean Walk On South Beach
  • Equipment Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Housing For Older Persons: No HOPA
  • Interior Features: Pantry
  • Legal Description: OCEAN WALK ON SOUTH BEACH CONDO UNIT 132 UNDIV 0.020343% INT IN COMMON ELEMENTS OFF REC 17123-0842 OR 17487-2720 0197 1
  • Parcel Number Mlx: 0330
  • Parcel Number: 02-42-03-206-0320
  • Possession Information: At Closing
  • Postal Code + 4: 8769
  • Restrictions: Daily Rentals Ok
  • Style: Condo 1-4 Stories
  • Typeof Governing Bodies: Condominium
  • Typeof Association: Condo
  • Unit Number: 328

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