Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 291 sq ft
Active · HotelMotel
$280,000
1036 Ocean Dr B303, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 291 sq ft
- $ / sq ft
- $962/sq ft
- Year built
- 1936
- Lot size
- —
- HOA fee
- $1,040
- Annual tax
- —
About this property
Investment opportunity steps from beach! Short-term rental friendly with no restrictions or hotel program. Fully furnished, rooftop pool, front desk check in service included in the maintenance fee. Hight occupancy and strong returns year-round.
Property location
Get Directions1036 Ocean Dr B303, Miami Beach, FL 33139
Loading property location…
Facts & features
Exterior & Structure
- Property type
- HotelMotel
- Year built
- 1936
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,040
- County
- Miami-Dade
- MLS listing ID
- A11886528
- 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
-$1,809
- Cap rate
- -2.1%
- Net yield
- -2.1%
- Cash-on-cash return
- -27.7%
- Gross yield
- 5.5%
- Mortgage payment
- $1,327/mo
- Down payment
- $70,000
- Loan amount
- $210,000
- Annual NOI
- -$5,785
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.