335 Ocean Drive #328
Miami Beach, FL 33139
410 sqft | 1 bed | 1 bath | #FX-10428263
Description
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).
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Michael D Cohen (#0431448)
Listing Office: E PRO Realty (#278523450)