Studio on famous Ocean Dr. in the coveted South of 5th St. neighborhood. Walking distance to everything South Beach can offer: night clubs, bars, fine dining, shopping centers, houses of worship, parks, and most importantly the unit is right across from the beach. Perfect income producing investment property. Unit is currently rented at $1800. Association allows rentals the same year after purchase. No short term rentals allowed (Airbnb). Building has its own covered parking lot, but spaces are rented by the HOA. No pets allowed. Maintenance is paid quarterly. Building just obtained its 40 year recertification. CALL OWNER FOR SHOWINGS with 24 hour prior notice, Mon-Fri 10am-6pm. Owner has 2 other units in the building for sale.
400 Sq Ft
Co-op
$2,262 Quarterly Maintenance/CC
$2,551 Annual Tax
Built in 1961
MLS/Listing ID A11609761
OCEAN TOWERS INC
4 Stories
21 Units
Parking - Underground
Parking - Rented
Wrap Around
Gas Range
Association - Laundry
Parking - Covered
Common Area
Elevator
Heating - Wall Units
Exterior Cat Walk
Association - Community Room
Listing Courtesy of MARELA PROPERTIES, LLC, MARTIN URRUELA - 305-439-5299
Source of Data: MIAMI ASSOCIATION OF REALTORS