INVESTORS!!! Make almost 13% annual ROI with this cash cow rented at $1,700 / month. Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. ~$700K in capital improvements completed in the last 5 years (electrical, structural, roof). No special assessments. Low HOA paid yearly. Well-managed, extremely quiet, and safe building. Unit features two entrances, including a private street entrance. Tenant-occupied through December 2025 – steady rental income. Cash-only purchase. NO short term rentals. Rent minimum twice per year. Contact listing agent @oberdel (Ober Delgado) for a showing
For sale
Price cut: $6K (10/7)
$159,000
1060 Pennsylvania Ave APT 4, Miami Beach, FL 33139
0beds
380sqft
Est.:
Condominium
Built in 1962
-- sqft lot
$-- Zestimate®
$418/sqft
$482/mo HOA
What's special
Unit features two entrancesPrivate street entrance
- 87 days |
- 1,202 |
- 41 |
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