$450,000
2 Beds · 1 Bath · 612 sqft
Rare opportunity to own a legal short-term rental property in the heart of South Beach. One of the few buildings that allows daily rentals without being a condo-hotel, allowing owners to keep 100% of their rental income with no mandatory management program or revenue split. This bright top-floor corner unit at The Empire Condo offers 2 bedrooms, 1 fully renovated bathroom, a kitchenette, spacious living/dining area, and a large walk-in closet. Ideally positioned facing Collins Avenue, you're just steps from the beach, cafés, restaurants, nightlife, boutique shopping, and a public parking garage. Recent owner improvements include a new air handler (2023), a complete designer bathroom renovation (2025), and nearly $10,000 invested in new luxury flooring and baseboards (2025). Additional features include updated kitchen finishes and abundant natural light throughout. Whether you're looking for a high-performing investment, vacation home, or full-time residence, this turnkey property offers an unbeatable South Beach location with exceptional income potential and true short-term rental flexibility.
Bedrooms
2
Bathrooms
1
Living Area
612 sqft
Heating
None
Cooling
Electric
Interior Features
Interior Hall, Elevator
Style
Corner Unit
Exterior Features
None
Parking Details
None
Property Type
Condominium
MLS#
515475220
Year Built
1935
Area
The Empire Condo
HOA/Maintenance
$466/mo
Days on Market
0
Monthly Payment
$3,255/mo
Listing courtesy of Coldwell Banker Realty
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/9/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


