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Archived almost 7 years ago

$230,000

2 bd 1 ba 700 sqft

Miami Beach, FL 33139

Residential Condo

Current Rent **

$1,900

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Investment Opportunity 2/1 in Miami Beach

Beautiful newly renovated 2/1 large split plan bedroom in 1925 Mediterranean building uniting urban life with your private refuge. Situated on a quiet street but walking distance to vibrant, trendy South Beach Art Deco community. New modern kitchen, wood and tile floor, and designer chic bathroom. Well maintained, building with gated, private front yard. 3 blocks to 36-acre Flamingo Park, 4 blocks to beach, restaurants, shops, & grocery stores. Possibility to add half bath subject to association & City approval.

Location:

Miami Beach, FL 33139

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.