Welcome to a calm, modern beachside property in the heart of South Beach. The condo is located only 2 blocks from the beach, being only a 5-minute walk from the crystal, clear blue waters of Miami Beach. Located in the peaceful and prime SoFi (South of Fifth) neighborhood. This condo is perfect for investors as it is a rare legal, registered short-term rental with the city of Miami Beach allowing daily rentals. The condo was recently renovated, and it is a turn-key unit, fully furnished and equipped ready to be rented. The property has 5 stars reviews on Airbnb generating a Gross income of $120K per year and can easily generate a 10% Cap Rate. If you are looking for an Income generating property that can be rented daily in Miami Beach, look no further, and schedule a showing today!
Courtesy of: Compass Florida, LLC. MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS 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 website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 28th November, 2022 6:22 PM (UTC)