The Strand On Ocean Drive Condo For Sale
1024 Ocean Dr, Unit A507, Miami Beach, FL 33139

$257,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A10373054
  • Virtual Tour: YES
  • Unit Number:A507
  • List Price: $269,000
  • Sold Price: $257,000
  • Living Area: 395 Ft² / 37 M²
  • Price Per Foot/Meter: $651 / $7,003
  • Full Baths:1
  • Maintenance:$970
  • Taxes:$3,619
  • Year Built:1964
  • Pets Allowed:YES
  • Listing Date:November 14, 2017
  • Sold Date: September 7, 2018
  • Days On Market:296

Description


Amazing penthouse investment opportunity in this beautiful ocean front condo-hotel! Property can be rented short term on Airbnb with no rental restrictions. Daily rentals allowed. The condo was recently renovated and tastefully furnished. Congress hotel is located in the center of Ocean Drive, 1 block from the former Versace mansion and across the street from the beach. Spectacular rooftop pool and bar. Professionally managed by 3rd party management company, this property generates great cash flow, grossing between $40k and $50k per year.

Features


  • Floor:Tile
  • Interior Feature:BuiltinFeatures, BedroomonMainLevel, ClosetCabinetry
  • Exterior Feature:Balcony
  • Waterfront:OceanFront
Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker