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Key Details
Sold Price $200,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 172 sqft
Price per Sqft $1,162
Subdivision Olsen Hotel Condo
MLS Listing ID A10948398
Sold Date 01/08/21
Full Baths 1
Construction Status Condo-Hotel
HOA Fees $248/mo
HOA Y/N Yes
Year Built 1940
Annual Tax Amount $1,947
Tax Year 2019
Contingent No Contingencies
Property Description
Excellent investment opportunity! Rarely available fully furnished oceanfront studio in historic Deco Olsen Hotel/Condo. No rental restrictions. Zoned for short term rentals. Rent daily or weekly or monthly. Instant income producing property! Low HOA of only 248.00 includes all utilities! Step on to to beach with tons of great shopping and dining, groceries and the bandshell outside your door. No mandatory hotel program required. These units stay booked. Beautiful well maintained historic bldg with secured entry, elevator, laundry and restaurant. Get in before the Ocean Terrace redevelopment begins! Start earning instant income with this adorable unit facing south with ocean view!
Location
State FL
County Miami-dade County
Community Olsen Hotel Condo
Area 32
Interior
Interior Features First Floor Entry
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Ceramic Tile
Window Features Blinds
Appliance Microwave, Other, Refrigerator
Laundry Common Area
Exterior
Amenities Available Elevator(s), Laundry, Trash
Waterfront Yes
Waterfront Description Ocean Access,Ocean Front
View Y/N Yes
View Ocean, Water
Parking Type Other, On Street
Garage No
Building
Structure Type Block
Construction Status Condo-Hotel
Others
Pets Allowed Conditional, Yes
HOA Fee Include Electricity,Hot Water,Laundry,Maintenance Grounds,Pest Control,Sewer,Trash,Water
Senior Community No
Tax ID 02-32-02-101-0300
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
Pets Description Conditional, Yes
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Bought with Elite Sales Group
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Jaky Quelle
Broker Associate | License ID: BK3283887
Broker Associate License ID: BK3283887