255 W 24th St # 204 Miami Beach FL 33140 MLS #A11699777

255 W 24th St # 204
Miami Beach, FL, 33140
$295,000
Beds
1 Baths
320 SqFt
0 Acres
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INVESTMENT OPPORTUNITY | SOUTH BEACH ART DECO CONDO | ROI 2025-26: 4.25%-5.25%



TURNKEY INCOME-GENERATING UNIT IN PRIME MIAMI BEACH LOCATION. CASH-FLOW POSITIVE. NO RENTAL RESTRICTIONS. LEASED AT $1,800/MO – ZERO VACANCY THROUGH 03/2026. NET OPERATING INCOME: $12,480/YEAR. HOA: $760/MONTH INCLUDES WATER, SEWER, ELECTRICITY, INSURANCE, CABLE TV, WIFI. FULLY RENOVATED. NO REPAIRS NEEDED. COMPLETED RECERTIFICATION. PLUMBING, ELECTRICAL, FACADE, POOL, BIKE ROOM, ENTRANCE INTERCOM: ALL ASSESSMENTS PAID. BEST FLOOR PLAN IN THE MANTELL. RARE FIND FOR INVESTORS SEEKING NO-RISK STABLE RETURNS IN A HIGH-DEMAND RENTAL MARKET. SELLER MOTIVATED. ACT FAST—THIS WON’T LAST!!

Property Details

Price:
$295,000
MLS #:
A11699777
Status:
Active
Beds:
0
Baths:
1
Address:
255 W 24th St # 204
Type:
Condo
Subtype:
Condominium
Subdivision:
THE MANTELL CONDO
Neighborhood:
The Mantell Condo
City:
Miami Beach
Listed Date:
Nov 27, 2024
State:
FL
Finished Sq Ft:
320
Total Sq Ft:
320
ZIP:
33140
Year Built:
1941
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Appliances
Microwave, Gas Range
Bathrooms
1 Full Bathroom
Cooling
Paddle Fans, Wall/ Window Unit(s)
Flooring
Tile
Heating
None
Laundry Features
Common Area

Exterior

Association Amenities
Bike Storage, Storage, Pool
Construction Materials
C B S Construction
Exterior Features
East Of Us1, Courtyard
Parking Features
On Street
Security Features
Fire Sprinklers, Smoke Detector, Doorman, Phone Entry, Fire Alarm

Financial

HOA Fee
$725
HOA Frequency
Monthly
Tax Year
2024
Taxes
$3,696

Map

Community

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disclosure
Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
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255 W 24th St # 204
Miami Beach, FL