Description
Great opportunity to purchase an affordable South Beach Residence located in this quiet sprawling neighborhood. One of the only condos in this sector. This corner unit faces Northwest with a lot of light exposure. Great time to buy given the fact that the association is altering its current rental policies with future short terms as well. Currently, this building is undergoing a structural change in preparation for its 40-year recertification. In short, this is a great value add a component for any potential investor to rehab, rent, and build equity. There is a current special assessment in this unit for $22,917.76 to be paid out in 15 installments. Unit is being rented out but the option to terminate. Rent has been increased to the current market, immediate cash flow for any investor.
-
1BEDS
-
0.02ACRES
-
1BATHS
-
11/2 BATHS
-
786SQFT
-
$324$/SQFT
School Ratings & Info
Description
Great opportunity to purchase an affordable South Beach Residence located in this quiet sprawling neighborhood. One of the only condos in this sector. This corner unit faces Northwest with a lot of light exposure. Great time to buy given the fact that the association is altering its current rental policies with future short terms as well. Currently, this building is undergoing a structural change in preparation for its 40-year recertification. In short, this is a great value add a component for any potential investor to rehab, rent, and build equity. There is a current special assessment in this unit for $22,917.76 to be paid out in 15 installments. Unit is being rented out but the option to terminate. Rent has been increased to the current market, immediate cash flow for any investor.
Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-05-16T13:53:28.167.