Apartments The Strand On Ocean Drive

$ 315,000
  • 0 bed
  • 1 bath
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Details
    • Listed on:
      June 18, 2025
    • Days on Market:
      9
    • Maintenance:
      n/a
    • Taxes:
      $ 5,381 per year
    • Year:
      1964
    • Furniture:
      -
    • Floor Description:
      -
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Other View
    • Parking:
      -
  • Interior Features:
    • Other
  • Exterior Features:
    • Other
    • Open Balcony
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Spacious renovated studio with a balcony in a popular South Beach condo-hotel. Fully licensed for short-term Airbnb rentals. Features a rooftop pool and the famous Palace Bar on the ground floor. Fully renovated in 2023 with new flooring, paint, furniture, doors, and a NEW AC unit. Sold furnished with proven 9 - years rental history. 2024 gross income - $80,000 and 80% occupancy through the year. No hotel program—owners can rent on their own or through any third-party manager. HOA includes all utilities: electricity, water, sewer, internet, TV, and front desk service. Option to continue with the current professional management or choose your own. Strong bookings and high ROI. Turnkey investment with income potential from day one.
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