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Key Details
Sold Price $255,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 786 sqft
Price per Sqft $324
Subdivision 1750 James Apartments Con
MLS Listing ID A11165040
Sold Date 05/31/22
Bedrooms 1
Full Baths 1
Half Baths 1
Construction Status Effective Year Built
HOA Fees $452/mo
HOA Y/N Yes
Year Built 1970
Annual Tax Amount $3,325
Tax Year 2021
Contingent Pending Inspections
Property Description
Great opportunity to purchase an affordable South Beach Residence located in this quiet sprawling neighborhood. One of the only condos in this sector. This corner unit faces Northwest with a lot of light exposure. Great time to buy given the fact that the association is altering its current rental policies with future short terms as well. Currently, this building is undergoing a structural change in preparation for its 40-year recertification. In short, this is a great value add a component for any potential investor to rehab, rent, and build equity. There is a current special assessment in this unit for $22,917.76 to be paid out in 15 installments. Unit is being rented out but the option to terminate. Rent has been increased to the current market, immediate cash flow for any investor.
Location
State FL
County Miami-dade County
Community 1750 James Apartments Con
Area 32
Interior
Interior Features Elevator, First Floor Entry, Other
Heating Central
Cooling Central Air
Flooring Tile
Appliance Dishwasher, Electric Range, Ice Maker, Refrigerator
Exterior
Exterior Feature Balcony, Tennis Court(s)
Garage Spaces 1.0
Pool None
Community Features Game Room, Laundry Facilities
Waterfront No
View Other
Roof Type Concrete
Porch Balcony, Open
Parking Type Covered, Guest, On Street
Garage Yes
Building
Lot Description 1-2 Acres
Faces Northwest
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Block
Construction Status Effective Year Built
Others
Senior Community No
Tax ID 02-32-34-042-0660
Security Features Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
Financing Conventional
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Bought with Optimar International Realty