255 W 24th St 136, Miami Beach, FL 33140 — MLS photo

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255 W 24th St 136, Miami Beach, FL 33140

Active · Condominium

$170,000

255 W 24th St 136, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
300 sq ft
$ / sq ft
$567/sq ft
Year built
1941
Lot size
—
HOA fee
$760 Monthly
Annual tax
$3,519

About this property

Beautiful fully furnished & all equipped studio (with separate bedroom) located in a safe & quiet neighborhood in the heart of South Beach...PERFECT LOCATION! Only 1 block away from the Beach & a few minutes walking distance from Lincoln Road. Walgreens is located only 1 block away, Publix & Fresh Market at 3 minutes driving. The whole unit was painted back 6 months ago, new wood floor, new furniture and wall paper in the bedroom. ALL AMENITIES are INCLUDED in the HOA (electricity, water, cable, high speed internet with fiber, janitor on site 6 days a week, pool maintenance, landscaping etc...). Making this unit really convenient for future tenants! The condo offers great amenities: large POOL, mini-gym, tropical garden, bike stations, elevator, 24/7 security doors + video cameras etc...

Property location

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255 W 24th St 136, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
300 sq ft
Flooring
Hardwood, Wood
Appliances
Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Other
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1941
Stories
5
Architectural style
Other
Construction
Block
Exterior features
Barbecue, Courtyard, Deck, Fence
Pool
Association
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Association fee
$760 Monthly
Fee inclusions
Cable Tv, Hot Water, Internet, Pools, Sewer, Trash, Water
Amenities
Clubhouse, Fitness Center, Library, Pool, Elevators
Security
Closed Circuit Cameras, Complex Fenced, Lobby Secured, Other, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$3,519
Subdivision
THE MANTELL CONDO
County
Miami-Dade
Days on market
528
MLS listing ID
A11787991
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,052

Cap rate
-1.7%
Net yield
-1.7%
Cash-on-cash return
-26.5%
Gross yield
7.1%
Mortgage payment
$806/mo
Down payment
$42,500
Loan amount
$127,500
Annual NOI
-$2,953

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.