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Key Details
Sold Price $111,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 283 sqft
Price per Sqft $392
MLS Listing ID A1970250
Sold Date 10/01/14
Full Baths 1
Construction Status Resale
HOA Fees $374/mo
HOA Y/N Yes
Year Built 2004
Annual Tax Amount $920
Tax Year 2013
Property Sub-Type Condominium
Property Description
Tremendous investment or second home opportunity in what will arguably become the next hot spot on Miami Beach! This fully furnished studio unit in the Alden Condo Hotel is updated with impact windows and central AC. The building allows daily rentals, i ncludes all basic utilities, and is 1 block from the beach. The unit is currently rented for $900 per month, which at the current asking price, yields a respectable 4.95% cash on cash return. Hurry because this investment opportunity will not last!
Location
State FL
County Miami-dade County
Area 32
Interior
Interior Features Living/Dining Room
Heating Central
Cooling Central Air
Flooring Carpet
Furnishings Furnished
Window Features Blinds
Appliance Refrigerator
Exterior
Pool Association
Amenities Available Pool
Waterfront Description Canal Front
View Y/N Yes
View Canal, Other
Garage No
Private Pool Yes
Building
Faces West
Structure Type Block
Construction Status Resale
Schools
Elementary Schools North Beach
Middle Schools Nautilus
High Schools Miami Beach
Others
HOA Fee Include Common Areas,Cable TV,Electricity,Hot Water,Maintenance Structure,Sewer,Trash,Water
Senior Community No
Tax ID 02-32-26-049-0550
Security Features Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Howard Chase Real Estate, LLC
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Monica Brisson
Broker Associate | License ID: 0645316
Broker Associate License ID: 0645316