Active

Private Address

$425,000


$1,036.59 per sqft

Active

1 Bed

1 Bath

410 sqft

Condo

Built in 1939

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).

F10428263

MLS ID

March 10, 2024

Listed

July 13, 2024

Updated

Map

Private Address

Interior Features

Total Stories

3


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Main Level Primary, Pantry


Appliances

Dishwasher, Electric Range, Disposal, Refrigerator


Laundry Description

Common Area


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

None

Other Property Details

Area Name

42


Taxes

$4,846


Tax Frequency

Annually


Days on Market

85


Association Fee

$545


Association Fee Frequency

Monthly


Association Amenities

Laundry, Pool


Garage

No


Parking

None, On Street


View

Yes


View Description

Ocean


County

Miami-Dade County


Pool

No


Pool Features

Association


Waterfront

Yes

Listing History

Date

Event

Price

6/3/2024

Price Change

$425,000

-6%

Listed by: E PRO Realty
Listing Contact: (954) 914-6643 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 5:18 PM UTC, 7/13/2024

 

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