Mantell Plaza, 255 W 24 St #204

$315K6.3%
$295,000
Studio
Beds
1
Baths
320
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
320 SqFt (30 m2)
Price
$922/SqFt ($9,923/m2)
Type
Condo
Built
1941
HOA
$760/MO
MLS Number
A11699777
View
Garden
On Site
657 Days
Updated
490 Days ago
Page Views
0
INVESTMENT OPPORTUNITY | SOUTH BEACH ART DECO CONDO | ROI 2025-26: 4.25%-5.25% TURNKEY 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

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Courtyard,Patio
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: WalkInClosets
  • Equipment / Appliances: GasRange,Microwave
  • Heating Description: None
  • Cooling Description: CeilingFans, WallWindowUnits
Building and Construction
  • Floor Description: Tile
  • Year Built: 1941
  • Year Built Description: Resale
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-11-27T11:11:28.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: CableTv, Laundry, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, Sewer, Trash, Water
    • Taxes: 3696
    • Security Information: DoorMan, FireAlarm, PhoneEntry, FireSprinklerSystem, SmokeDetectors
    • Parking Description: OnStreet
    • Total Floors in Building: 5

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    Price History

    Current
    $295K
    High
    $315K
    Low
    $295K
    Total Change
    -6.3%
    $317K$305K$293KNov 24Feb 25
    Date
    Event
    Price
    Change
    Price Per
    02/07/2025
    Price Reduced
    $295K
    -6.35%
    $922 ft2
    $9,923 m2
    11/25/2024
    Listed
    $315K
     
    $984 ft2
    $10,596 m2
    02/07/2025
    $295K
    Event
    Price Reduced
    Change
    -6.35%
    Price Per
    $922 ft2
    $9,923 m2
    11/25/2024
    $315K
    Event
    Listed
    Price Per
    $984 ft2
    $10,596 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Jean Francoi CollobertColdwell Banker Realty • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Very Walkable. Most errands can be accomplished on foot
    84

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    56

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    78

    100
    Sound Score®
    Very loud
    71

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    37

    100
    Local Score
    Limited local amenities nearby
    1

    100
    Community Snapshot
    Studio – 0 BR
    Bedrooms
    $150K – $245K
    Price Tier
    200 - 580
    SqFt Range
    1941
    Year Build
    5
    Total Floors

    Subdivision Amenities

    Barbecue
    Bike Storage
    Clubhouse
    Community Kitchen
    Elevators
    Fitness Center
    Hobby Room
    Laundry
    Library
    Pool
    Storage

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos