700 16th St #104 Active

Miami Beach,FL 33139

$ 250000

1 Bed

1 Bath

457 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 457 sqft

Price per Sqft $547

Subdivision Lincoln Sub

MLS Listing ID A11655346

Style None

Bedrooms 1

Full Baths 1

Construction Status Condo-Conversion

HOA Fees $600/mo

HOA Y/N Yes

Year Built 2016

Annual Tax Amount $3,606

Tax Year 2024

Property Description

Investors o primary use opportunity ! totally renovated in 2016 this 440 sqf apartment is for sale with a lucrative 7% net annual income. Perfectly located and turnkey with all furnishings included, plus internet and cable covered by HOA. Building budget for 2024 approved and reserves. Building in process for the 40 years re certification , special assessment paid in full , new roof , concrete restoration and plumbing.
Building have reserves , purchase can be financed in the max 70% of the value .

Location

State FL

County Miami-dade

Community Lincoln Sub

Area 32

Interior

Interior Features Bedroom on Main Level,Closet Cabinetry,First Floor Entry,Walk-In Closet(s)

Heating Central,Electric

Cooling Central Air,Electric

Flooring Ceramic Tile

Furnishings Furnished

Window Features Impact Glass

Appliance Dishwasher,Electric Water Heater,Freezer,Ice Maker,Microwave,Refrigerator

Exterior

Exterior Feature None,Other

Garage Spaces 9.0

Utilities Available Cable Available

Amenities Available None,Other

Waterfront No

View Y/N No

View None

Parking Type On Street

Garage Yes

Building

Architectural Style None

Structure Type Block

Construction Status Condo-Conversion

Others

Pets Allowed Conditional,Yes

HOA Fee Include Association Management,Common Areas,Cable TV,Insurance,Internet,Laundry,Maintenance Grounds,Maintenance Structure,Reserve Fund,Sewer,Trash,Water

Senior Community No

Tax ID 02-32-34-240-0030

Security Features Other,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Description Conditional,Yes

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