255 W 24th St 542, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

255 W 24th St 542, Miami Beach, FL 33140

Active · Condominium

$245,000

255 W 24th St 542, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
450 sq ft
$ / sq ft
$544/sq ft
Year built
1941
Lot size
—
HOA fee
$760 Monthly
Annual tax
$4,146

About this property

Beautiful TOP FLOOR fully furnished & all equipped studio 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. It is a very well decorated & really functional unit with fridge, microwave, hot plates etc...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.

Property location

Get Directions

255 W 24th St 542, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
450 sq ft
Flooring
Tile
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Electric
Heating
Electric
Interior features
Other
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1941
Stories
5
Architectural style
Other
Construction
Block
Exterior features
Other
Pool
Association
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Association fee
$760 Monthly
Fee inclusions
Association Management, Cable Tv, Electricity, Hot Water, Internet, Laundry, Maintenance Structure, Pools, Sewer, Trash, Water
Amenities
Bike Storage, Clubhouse, Fitness Center, Laundry, Pool, Elevators
Security
Closed Circuit Cameras, Complex Fenced, Lobby Secured, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$4,146
Subdivision
THE MANTELL CONDO
County
Miami-Dade
Days on market
260
MLS listing ID
A11938206
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

-$1,074

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.8%
Gross yield
7.3%
Mortgage payment
$1,161/mo
Down payment
$61,250
Loan amount
$183,750
Annual NOI
$1,046

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