$315,000
1 Bed · 1 Bath · 690 sqft
Move-in ready, fully furnished, income-producing corner unit with assigned parking in the heart of South Beach! This bright 1-bedroom, 1-bathroom residence is currently rented for $2,200/month on a one-year lease, with average monthly expenses of approximately $950–$1,000, providing an estimated $1,200 net monthly income. A turnkey opportunity for investors, seasonal owners, or full-time residents. Located in a quiet boutique building with only 30 units, this beautifully remodeled condo features impact windows, central A/C, abundant natural light, and ample closet space, including a private office. Enjoy one of Miami Beach's most walkable locations, just 4 blocks from the beach and 2 blocks from Lincoln Road, with restaurants, shopping, museums, parks, and nightlife nearby. The sale includes all furniture, bedding, towels, cookware, dishes, silverware, and small appliances. Additional features include bright corner exposure, assigned parking, on-site laundry with 3 washers and 4 dryers, and high-speed Wi-Fi included in maintenance. The building's 50-year recertification is nearly complete, and all special assessments have been paid in full by the seller. Start earning income from day one or enjoy your new home!
Bedrooms
1
Bathrooms
1
Living Area
690 sqft
Heating
None
Cooling
Central Air
Interior Features
Second Floor Entry, Closet Cabinetry, Cooking Island, Elevator
Style
Corner Unit
Exterior Features
Other
Garage Spaces
1
Parking Details
1 Space
Property Type
Condominium
MLS#
528000756
Year Built
1965
Area
Penn Manor Condo
HOA/Maintenance
$767/mo
Days on Market
0
Monthly Payment
$2,719/mo
Listing courtesy of Douglas Elliman
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/11/2026. 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®.


