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38

Luxury apartment complex for sale in Miami Beach, United States

₪ 1,673,900
38 m² 1 1

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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 is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 239).

500

Details

Bedrooms
1
Bathrooms
1
Size
38 m²
Floor Count
3
Reference
F10428263
Year of construction
1939

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