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255 W 24th St Unit 204, Miami Beach, Florida 33140

Map

Active For Sale

$295,000

Beds 0
Baths 1
Sq Ft 320 Sqft
Visits: 61 in 183 days

Call Josh Dotoli

Description

INVESTMENT OPPORTUNITY | SOUTH BEACH ART DECO CONDO | ROI 2025-26: 4.25%-5.25% rnrnrnrnTURNKEY INCOME-GENERATING UNIT IN PRIME MIAMI BEACH LOCATION. CASH-FLOW POSITIVE. NO RENTAL RESTRICTIONS. LEASED AT $1,800/MO – ZERO VACANCY THROUGH 03/2026. NET OPERATING INCOME: $12,480/YEAR. HOA: $760/MONTH INCLUDES WATER, SEWER, ELECTRICITY, INSURANCE, CABLE TV, WIFI. FULLY RENOVATED. NO REPAIRS NEEDED. COMPLETED RECERTIFICATION. PLUMBING, ELECTRICAL, FACADE, POOL, BIKE ROOM, ENTRANCE INTERCOM: ALL ASSESSMENTS PAID. BEST FLOOR PLAN IN THE MANTELL. RARE FIND FOR INVESTORS SEEKING NO-RISK STABLE RETURNS IN A HIGH-DEMAND RENTAL MARKET. SELLER MOTIVATED. ACT FAST—THIS WON’T LAST!!

Features

Swimming Pool: Association
Heating System: No
Cooling System: Ceiling Fan(s), Wall/window Unit(s)
Pet Policy: Yes, Conditional
Security: Smoke Detector(s), Fire Sprinkler System, Fire Alarm, Phone Entry, Door Man
Patio: Patio
Parking: On Street

Appliances

Appliances: Microwave, Gas Range

Address Map

Country: US
State: FL
County: Miami-Dade
City: Miami Beach
Subdivision: THE MANTELL CONDO
Zipcode: 33140
Street: 24th St
Street Number: 255
Floor Number: 0
Longitude: W81° 51' 8''
Latitude: N26° 9' 28.2''
UnitNumber: 204
Street Dir Prefix: W
MLS Area: 32

MLS Addon

Association Amenities: Pool, Storage, Bike Storage
Association Fee: $760
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Structure, Pool(s), Sewer, Maintenance Grounds, Trash, Water, Laundry, Pest Control, Cable Tv
Close Price: $0
Exterior Features: Courtyard, Patio
Flooring: Tile
Insurance Expense: $0
Interior Features: Walk-in Closet(s)
Listing Terms: Cash, Conventional
New Taxes Expense: $0
Stories Total: 5
Tax Annual Amount: $3,696
Tax Year: 2024

Location

Listing Updated: 2025-05-13 14:10:21

Parent : 255:W:24th St:33140:Miami Beach
Property Type : Condominium
Property Sub Type : Condominium
Listing Type : For Sale
Listing ID : A11699777
Price : $295,000
View : Garden
Bedrooms : 0
Bathrooms : 1
Full Bathrooms : 1
Half Bathrooms : 0
Square Footage : 320 Sqft
Year Built : 1941
Lot Area : 0 Acre
Listing Status : Active
Days On Market : 182

Contact Agent

Josh Dotoli

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and ettmail, about your inquiry and other home-related matters, but not as a condition of any purchase.