$425,000
- 2 Beds
- 2 Baths
- 993 SqFt
- $428/SqFt
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.