South of Fifth
$425,000
1
1
410
410
$1,037
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...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).
- Listed by Michael Cohen • E PRO Realty
Property Details for South of Fifth
Subdivision Name
Ocean Walk On South Beach
Complex NameOcean Walk On South Beach
StyleCondo 1-4 Stories
WaterfrontYes
Waterfront DescriptionOcean Front
ViewOcean View
Unit ViewOcean View
Waterfront FootageOcean Front
LISTING UPDATED: 08/29/2024 01:32 PM
Property Details for South of Fifth
Status | Active |
---|---|
MLS # | F10428263 |
Days on Market | 256 |
Taxes | $4,846 / year |
HOA Fees | $545 / month |
Condo/Co-op Fees | $687 / month |
Compass Type | Condo |
MLS Type | Condo/Co-Op/Villa/Townhouse / Condo |
Year Built | 1939 |
County | Miami-Dade County |
Building Information for South of Fifth
Floor3Stories3Residences-Pet Policy-Year Built1939
Property Information for South of Fifth
Property History for South of Fifth
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for South of Fifth
Taxable ValueLand-Additions-Total-
Tax Record2023$6,417 ($535 / month)
Home Facts
Beds1Total Finished SqFt410 SqFtAbove Grade Finished SqFt410 SqFtStyleCondominiumYear Built1939Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-4203-206-0320
Schools near South of Fifth
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
South Pointe Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Nautilus Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.