Short sale. Buyer must accept with open permit for flooring in place and some minor city violations. All inspections and due diligence in advance. Studio penthouse, corner unit with eastern exposure. Walk to the beach, Lincoln Road or park. This Art Deco building is in the very heart of South Beach. Property has not been renovated but it was begun. Marble flooring was purchased but not installed. Lender will pay any outstanding condo or city liens. ARV rent estimate apprx. $2500. Short sale processing fee of $4, 995 paid by buyer at closing.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- EatInKitchen
- FirstFloorEntry
- SeparateShower
- Flooring: Marble
Appliances
- ElectricRange
- Refrigerator
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Electric
- Heating: Yes
Exterior and Lot Features
Home Features
- View: Garden
- Security Features: ClosedCircuitCameras, LobbySecured, PhoneEntry
Homeowners Association
- Association: Yes
- Association Fee: 500
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas, CableTv
- Calculated Total Monthly Association Fees: 500
- Pets Allowed: DogsOk, Yes
Multi-Unit Info
- Number of Units In Community: 23
Other Property Info
- Annual Tax Amount: 3023
- Source Listing Status: ActiveUnderContract
- County: Miami-Dade
- Tax Year: 2023
- Source Property Type: Residential
- Area: South Beach
- Property Subtype: condo
- Source Neighborhood: SAGE ON PENN CONDO
- Parcel Number: 02-32-34-196-0230
- Postal City: Miami Beach
- Postal Code Plus 4: 4003
- Subdivision: SAGE ON PENN CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 526
- Year Built: 1925
- Building Area Total: 526
- Construction Materials: Block
- Entry Level: 3
- Entry Location: 3
- Property Age: 99
- Property Attached: Yes
- Building Total Stories: 3
- Year Built Details: Resale
Utilities