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Archived almost 3 years ago

$299,000

1 bd 1 ba

1025 Alton Rd, Miami Beach, FL 33139

Residential Condo

Current Rent **

$3,000

Projected Rent **

$3,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Move right into completely renovated South Beach condo

Move right into completely renovated South Beach condo: work from a large bedroom (+ a sitting area/office space) with 2 closets & en suite bathroom. Guests use 1/2 bath across from open kitchen equipped with tankless water heater; stainless steel appliances, a wine fridge where you can grab a bottle to enjoy at your eat-in counter, built in bar or on the ample balcony. Impact balcony door & windows guarantee natural light, security & quiet, even right next to the Lincoln Road; 24-hr Walgreens; Whole Foods; Target; many retail, fun & food establishments; park; spaces for activity & relaxation, including the beach. Don’t want ocean? Enjoy the building pool. Park your car in gated & assigned garage space or put bike in the storage. Secure building, lobby, laundry on each floor & 2022 roof.
https://listing.accutour.com/ut/1025_ALTON_RD_203.html

Location:

1025 Alton Rd, 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.