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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Elevator
- FirstFloorEntry
- Flooring: Tile
Appliances
- GasRange
- Refrigerator
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: WallWindowUnits
- Heating Features: WallFurnace
- Heating: Yes
Exterior and Lot Features
- Porch
- Patio And Porch Features: WrapAround
Garage and Parking
- Attached Garage: Yes
- Parking Features: Attached, Covered, Underground, Garage, Leased, OnStreet
Home Features
- View: Garden
- Security Features: SecuredGarageParking, LobbySecured
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Laundry, Elevators
- Association Fee: 2262
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, CommonAreas, Laundry, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Roof, Sewer, Security, Water
- Calculated Total Monthly Association Fees: 754
- Pets Allowed: No
Rental Info
Other Property Info
- Annual Tax Amount: 2551
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: OCEAN BEACH FLA SUB
- Parcel Number: 02-42-03-077-0030
- Postal City: Miami Beach
- Postal Code Plus 4: 7230
- Subdivision: OCEAN BEACH FLA SUB
- Property Subtype: StockCooperative
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 400
- Year Built: 1961
- Building Area Total: 400
- Building Features: ExteriorLighting
- Construction Materials: Block
- Entry Level: 2
- Entry Location: 2
- Property Age: 63
- Property Attached: Yes
- Building Total Stories: 4
- Year Built Details: Effective Year Built