$295,000

FOR SALE

255 W 24th St 204

Miami Beach, Fl, 33140

MLS #A11699777

Subdivision: The Mantell Condo

Building: 255 W 24th St

- Beds

1/- Baths

320 sqft

$ 921.88 /sqft

Property Details

INVESTMENT OPPORTUNITY | SOUTH BEACH ART DECO CONDO | ROI 2025-26: 4.25%-5.25% TURNKEY INCOME-GENERATING UNIT IN PRIME MIAMI BEACH LOCATION. CASH-FLOW POSITIVE. NO RENTAL RESTRICTIONS. LEASED AT $1,800/MO ZERO VACANCY THROUGH 03/2026. NET OPERATING INCOME: $12,480/YEAR. HOA: $760/MONTH INCLUDES WATER, SEWER, ELECTRICITY, INSURANCE, CABLE TV, WIFI. FULLY RENOVATED. NO REPAIRS NEEDED. COMPLETED RECERTIFICATION. PLUMBING, ELECTRICAL, FACADE, POOL, BIKE ROOM, ENTRANCE INTERCOM: ALL ASSESSMENTS PAID. BEST FLOOR PLAN IN THE MANTELL. RARE FIND FOR INVESTORS SEEKING NO-RISK STABLE RETURNS IN A HIGH-DEMAND RENTAL MARKET. SELLER MOTIVATED. ACT FASTTHIS WONT LAST!!

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
Monthly
HOPA
No
Membership Fees
-
Appliances
GasRange,Microwave
Restrictions
-
Furnished
-
Flooring
Tile
No. of Floor
-
Terms Considered
Cash,Conventional
Year Built
1941
Cooling
CeilingFans,WallWindowUnits
Pets Allowed
Conditional,Yes
Amenities
BikeStorage,Pool,Storage
Interior
WalkInClosets
Maintenance Fee Includes
CableTv,Laundry,MaintenanceGrounds,MaintenanceStructure,PestControl,Pools,Sewer,Trash,Water
Governing Bodies
-
Construction
Block
Security
DoorMan,FireAlarm,PhoneEntry,FireSprinklerSystem,SmokeDetectors
Heating
None
Garage/Carport
-
Dining Area
-
Exterior
Courtyard,Patio
Pet Restrictions
No
Parking
OnStreet
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
A
Listing Office
Coldwell Banker Realty

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Listing Courtesy of: Coldwell Banker Realty