102 24th St 1427, Miami Beach, FL 33139 — MLS photo

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102 24th St 1427, Miami Beach, FL 33139

Active · Condominium

$2,279,000

102 24th St 1427, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
866 sq ft
$ / sq ft
$2,632/sq ft
Year built
2015
Lot size
—
HOA fee
$2,668
Annual tax
—

About this property

Stunning one-bedroom, one-bath residence at the renowned 1 Hotel & Homes South Beach, offered fully furnished with the 1 Hotel furniture package. This beautifully appointed residence showcases the brand’s signature organic, refined design, featuring an open living layout, and thoughtfully curated finishes throughout, creating a tranquil yet sophisticated coastal retreat. The residence is professionally managed by Five Star Luxury Travel within their established luxury rental program and has consistently performed exceptionally well, benefiting from strong demand, repeat clientele, and attractive rental income. Ownership offers flexibility for personal use while participating in a proven, high-performing rental program within one of Miami Beach’s most desirable condo-hotel properties. Owners enjoy access to world-class hotel amenities including a fully staffed residential lobby, valet and concierge services, chauffeured house sedans, four resort-style pools, private beach service, four acclaimed restaurants, three bars, a 14,000-square-foot fitness center, Bamford Wellness Spa, full-service hair salon, SoulCycle, and curated wellness programming. An ideal opportunity for a primary residence, second home, or luxury investment at a globally recognized oceanfront address.

Property location

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102 24th St 1427, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
866 sq ft

Exterior & Structure

Property type
Condominium
Year built
2015

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,668
County
Miami-Dade
MLS listing ID
A11955799
Listing status
Active

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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

-$11,366

Cap rate
-0.3%
Net yield
-0.3%
Cash-on-cash return
-21.4%
Gross yield
4.1%
Mortgage payment
$10,804/mo
Down payment
$569,750
Loan amount
$1,709,250
Annual NOI
-$6,749

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