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Remarks:Great second home located in front of the Miami Beach Convention Center, just two blocks to “Billionaires Beach” which sits at the heart of South Beach and walking distance to Lincoln Road which is undergoing a beautification project (see articles and links below). The unit is licensed for short term rental. Proforma gross revenue is estimated at $122K to $144K per annum (provided by two professional management firms) which translates to a 10% cap rate. Perfect for those looking to get away and clear their heads and experience a change in venue while maximizing their income. The unit features hurricane glass windows, gourmet kitchen, large master bedroom with a walking closet, modern spa style bathrooms, and may be purchased furnished. The Building’s leadership is proactive and well managed. As such planned and budgeted its future projects and took the initiative to obtain a loan and have fully funded reserves. In addition, the building has set up the budget for the SIRS requirement and funding. Ongoing building projects near completion elevator replacement and fire system. Most notable completed projects pool upgrade, electronic tele-entry access, cameras, structural review and repairs. Some future projects include hallway flooring and lobby upgrade. |
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Unit:5H |
MLS #:A11944737 |
Price:$879,500 |
Status: Active |
Square Footage: 1,230 ft2 (114.3m2) |
County: Miami-Dade County |
Price Per Foot:$715 Per Square Foot ($7,715 Per Square Meter) |
Listing Date:Jan 14, 2026 |
Bedrooms:3 |
Year Built:1966 |
Bathrooms:2 |
Waterfront: |
Taxes: $7,858 Per Year |
Maintenance: $1,600 Monthly |
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Disclaimer: Data provided is deemed reliable but not guaranteed. Sunny Realty is not responsible for the accuracy of the information listed above. The data relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, South East Florida Regional MLS, courtesy of and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo.
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