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Key Details
Sold Price $320,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 400 sqft
Price per Sqft $800
Subdivision South Beach Hudson Condo
MLS Listing ID A11605439
Sold Date 08/28/24
Style Penthouse
Full Baths 1
Construction Status Resale
HOA Fees $502/mo
HOA Y/N Yes
Year Built 1937
Annual Tax Amount $3,930
Tax Year 2023
Contingent No Contingencies
Property Description
Great income $45,000 a year 2022 & 2023 with this legal short term rental STR condo at the Hudson in South Beach. Licensed and permitting daily rentals on Airbnb and VRBO with cap rates of 7-9%. This fully renovated studio, with a full kitchen and luxurious bathroom, has garnered excellent reviews from past guests. Located just 1.5 blocks from Lincoln Road and 2.5 blocks from the ocean, it offers the perfect blend of historic charm and modern amenities. Own a piece of South Beach history while enjoying a prime location and great income. Welcome to "The Hudson Retreat" – where Art Deco allure meets investment opportunity. Income statements available. Unit generates $40-50K a year
Location
State FL
County Miami-dade County
Community South Beach Hudson Condo
Area 32
Interior
Interior Features Bedroom on Main Level, Closet Cabinetry, Elevator, Living/Dining Room, Third Floor Entry
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Marble, Wood
Window Features Blinds
Appliance Dishwasher, Electric Range, Refrigerator
Exterior
Exterior Feature Patio
Pool Association
Amenities Available Pool, Elevator(s)
Waterfront No
View City, Garden
Porch Patio
Parking Type On Street
Garage No
Building
Architectural Style Penthouse
Structure Type Block
Construction Status Resale
Others
Pets Allowed Conditional, Yes
HOA Fee Include Association Management,Common Areas,Insurance,Pool(s),Reserve Fund,Sewer,Trash,Water
Senior Community No
Tax ID 02-32-34-143-0230
Security Features Complex Fenced,Intercom,Phone Entry,Fire Sprinkler System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Description Conditional, Yes
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