Basics
- Category: Residential
- Type: Condominium
- Status: Active
- Bedrooms: 2
- Bathrooms: 2
- Half baths: 0
- Total rooms: 0
- Floors: 1, 4
- Area: 880 sq ft
- Year built: 2000
- View: Other
- Subdivision Name: THE NEVILLE CONDO
- County: Miami-Dade
- MLS ID: A11878775
Description
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Description:
THE NEVILLE CONDO UNIT 401 UNDIV 8.674120% INT IN COMMON ELEMENTS OFF REC 19294-3449 OR 20495-2362 0602 1 Welcome to this modern beachside retreat in the heart of South Beach. Located just two blocks from the ocean and steps from the restaurants and shops of the exclusive SoFi (South of Fifth) neighborhood. This fully renovated condo is turn-key, furnished, and equipped, offering an exceptional opportunity for investors or end users.
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The property is a fully licensed short-term rental with the City of Miami Beach, allowing daily rentals. It includes dedicated parking, a rare feature in the area. With consistent Airbnb performance and 5-star reviews, the unit generates approximately $100,000 in annual gross income, providing excellent cash flow and cap rate potential.
Building Details
- Construction Materials: Block
- Covered Spaces: 1
- Garage Spaces: 1
- Levels: One
- Floor covering: Vinyl
Amenities & Features
- Parking Features: Assigned,Attached,Covered,Garage,OneSpace,GarageDoorOpener
- Security Features: ClosedCircuitCameras,FireAlarm,SecuredGarageParking,Intercom,KeyCardEntry,LobbySecured,FireSprinklerSystem,SmokeDetectors
- Association Amenities: None,Elevators
- Utilities: CableAvailable
- Window Features: Blinds,ImpactGlass
- Cooling: CentralAir,Electric
- Exterior Features: SecurityHighImpactDoors
- Furnished: Furnished
- Heating: Central,Electric
- Interior Features: BedroomOnMainLevel,ClosetCabinetry,FirstFloorEntry,KitchenDiningCombo,LivingDiningRoom,MainLivingAreaEntryLevel
- Appliances: Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Microwave,Refrigerator,Washer
Nearby Schools
- Elementary School: South Pointe
Expenses, Fees & Taxes
- Association Fee: $728
- Tax Annual Amount: $9,116
- Tax Year: 2024
Miscellaneous
- Association Fee Frequency: Monthly
- List Office Name: Compass Florida, LLC
- Listing Terms: Cash,Conventional
- Direction Faces: East