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| Code: | 9570G22 |  |
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| City: | Miami Beach | |||
| Building | CASABLANCA | |||
| SqFt Liv Area | 1,430 | |||
| Floor | 1th | |||
| Price | $ 1,100,000 | |||
| Bedrooms | 2 | |||
| Bathrooms | 2 | |||
| Half-Bathrooms | 1 | |||
| Garage | 0 | |||
| Views | ||||
| Face | ||||
| Year | 1948 | |||
| Pool | Yes | |||
| SPA | ||||
| Gym | Yes | |||
| Pet | Yes restrictions or possible restrictions | |||
| Condo Fees M | $ 690 | |||
| Property Tax Y | $ 8,732 | |||
| Amenities | Exercise Room, Pool | |||
| Incredible investment opportunity! Unique 2 story TH unit w/ DIRECT pool & beach access from unit patio. One of the few buildings in Miami Beach that allows daily rentals through Airbnb & other platforms. Low HOA dues of $620/month. Unit been renting for about $300/night but will do much better with renovations & staging (currently in progress). Cap rate of 7% based on pro-forma income of $87K/yr. Also, Casablanca has recently decided to put itself up for sale and is expecting multiple offers within 90 days from developers. Based upon recent purchase of the nearby Castle Beach for $500M, this unit should be worth $1.5M or more. Perfect opportunity to earn income through short-term rentals while waiting for a developer purchase. | ||||
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Data provided is deemed reliable but not guaranteed. Casa Miami Realty is not responsable for the accuracy of the information listed above. The date relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchising. |
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