$480,000

Ideally located on Collins Avenue in the heart of South Beach’s iconic Art Deco and entertainment district, this 2-bedroom, 1-bathroom condo is just one block from Ocean Drive and the beautiful Atlantic Ocean. This renovated unit features beautiful ceramic tile flooring throughout and a brand-new central air conditioning system, adding comfort and modern appeal. Situated on the third floor, this is the building’s only corner unit of its particular layout, featuring desirable east and north exposures and perimeter windows that provide abundant natural light and views of Collins Avenue. The property also benefits from a very low monthly HOA fee, helping keep ownership costs affordable. The building features ground-floor retail and offers flexible rental options, including daily, weekly, and long-term rentals. Currently operating as an income-producing investment property, the unit generates nightly rental income, depending on the season. All special assessments have been paid. Building improvements, including a new elevator and staircase renovations, are in the planning stages. An excellent opportunity for investors seeking rental income or buyers looking to enjoy the South Beach lifestyle.