About this Property
Cozy, spacious, and updated 2-bedroom, 2-bathroom corner unit in the heart of South Beach. Ideally located on Alton Road, just moments from Lincoln Road, Flamingo Park, Whole Foods, the bay, and the beach. Set within a peaceful boutique building, this bright and inviting residence offers approximately 1,000 SF of interior space with a wonderful split floor plan, providing both privacy and functionality. The quiet corner unit enjoys an open layout with a beautiful dining and office area, generous living space, and an abundance of natural light throughout. The unit includes a private balcony, new stainless steel appliances, in-unit washer and dryer, and ample closet space. One assigned parking space in a gated garage is also included. Priced to to sell and an exceptional value opportunity for both end users and investors alike. Currently tenant-occupied at $3,300/month through September, the property delivers immediate income with a cap rate exceeding 5%, making it a rare find in today's South Beach market. Building has full reserves, recirtification on the verge of completion and all special assessments paid by seller ($15K). Schedule your private showing today.
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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS 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 purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC.