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2301 Collins Ave # 1511, Miami Beach FL 33139
$620,000
0 Beds
1 Baths
600 sqft
Year Built: 1926
15th floor oceanfront studio with balcony in building shared with the luxury 1Hotel, recently voted to USA Today's 10 Best Hotels in America. Rare "11" line studio, best view, closest to the ocean. Building Renovation underway to be completed in 2021 matching the 1 Hotel gorgeous interior design and beauty. Great opportunity. Rented directly by owner on a monthly basis. Well over $100,000 in rent booked since 2017 while owner also was still able to enjoy his property part-time. $4500 per month in net rent booked for high season. $24,000 in booked rent net to owner for upcoming 6 months, Nov thru April 2021. Buyer must assume approx $24,000 in special assessments related to the renovation and keep in mind that by completion, unit value will significantly increase.
Amenities & Features
Unit Features & Windows
Walk-In Closet
Ocean View
Ocean Front
Balcony
Water View
Dishwasher
Microwave
Refrigerator
Building Amenities
Swimming Pool
Spa/Hot Tub
Building Services & Security
24/7 Security
Security Patrol
Valet Service
Contact This Property
Open 9am - 5pm Today
Language: English and Spanish
Listing Courtesy of
Cervera Real Estate Inc.
1000 South Pointe Drive
Suite 100
Miami Beach, FL, 33139
305-604-0565
cervera@cervera.com