INVESTMENT...LOCATION... Great investment opportunity with a legal AirBnB permit in South Point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ CAP rate, combined with low monthly fees. Location is unbeatable; right in the coveted South Point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 239).
Property Type :
Condo/Co-Op/Villa/Townhouse
Subdivision :
Ocean Walk On South Beach
County :
Miami-Dade County
Style :
Condo/Co-Op/Villa/Townhouse
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All listings featuring the "The Greater Fort Lauderdale Realtors" as the source are provided by "The Greater Fort Lauderdale Realtors".This information is not verified for authenticity or accuracy and is not guaranteed.
ByOwner last updated this listing 05/05/2024 @ 17:38
MLS: F10428263
LISTED BY: Michael Cohen , E PRO Realty
SOURCE: Greater Fort Lauderdale REALTORS®
Buyer Agency Compensation: 3.0%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
