$197,000
$225,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
172 SqFt
SOLD DATE : 05/26/2021
Key Details
Sold Price $197,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 172 sqft
Price per Sqft $1,145
Subdivision Olsen Hotel Condo
MLS Listing ID A10948451
Sold Date 05/26/21
Full Baths 1
Construction Status Condo-Hotel
HOA Fees $248/mo
HOA Y/N Yes
Year Built 1940
Annual Tax Amount $1,947
Tax Year 2019
Contingent 3rd Party Approval
Property Description
Excellent investment opportunity! These units stay booked! Rarely available fully furnished oceanfront studio in historic Deco Olsen Hotel/Condo. No rental restrictions. Zoned for short term rentals. Rent daily or weekly or monthly. Instant income producing property! Low HOA of only 248.00 includes all utilities! Step on to to beach with tons of great shopping and dining, groceries and the bandshell outside your door. No mandatory hotel program required. Beautiful well maintained historic bldg with secured entry, elevator, laundry and restaurant. Get in before the Ocean Terrace redevelopment begins! Start earning instant income with this adorable top floor unit facing south with ocean view!
Location
State FL
County Miami-dade County
Community Olsen Hotel Condo
Area 32
Interior
Interior Features First Floor Entry, Other
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Window Features Blinds
Appliance Microwave, Refrigerator
Laundry Common Area
Exterior
Utilities Available Cable Available
Amenities Available Laundry, Elevator(s)
Waterfront Description Ocean Front
View Y/N Yes
View Ocean
Garage No
Building
Structure Type Block
Construction Status Condo-Hotel
Others
Pets Allowed Conditional, Yes
HOA Fee Include Association Management,Common Areas,Electricity,Hot Water,Insurance,Laundry,Maintenance Grounds,Sewer,Trash,Water
Senior Community No
Tax ID 02-32-02-101-0320
Security Features Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Pets Allowed Conditional, Yes
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