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Private Address | Sold A11602185 in Miami Beach

$360,000
closed for a price of $340,000

Property Highlights

Listing ID A11602185 Status of this Listing: Closed Sold Property Type Residential Condominium In a Condo Hotel 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 500 Sqft/46.45 m2 approx. Building Area 500 Sqft/46.45 m2 approx. COMMUNITY POOL Year Built 2006 Lease Term Minimum Duration: 1 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 43 Days
37 Photos of this Property

About this Condominium with Listing ID A11602185

Property Description: Don 't miss this fantastic investment opportunity at boutique condo-hotel in South Beach. Turnkey income producing property at the Z Hotel, between Collins Ave and Ocean Dr. Fully furnished bright unit comfortably sleeps 4, and is finished with marble floors, kitchenette, sleeper sofa, and more. Deluxe bathroom with 3-in-1 rain/handheld/wall jet shower, dual vanities and private WC. Spacious balcony with chaise lounges and dining table, overlooking the pool/jacuzzi. Property IS NOT in the Hotel Program, so you can rent it yourself, use your own management co on AirBnb/etc, or place it in the on-site Hotel program. On-site fitness center, restaurant, bar and more. Walk across the street to the South Beach or two blocks north to Lincoln Road.

Useful Info

Contingency:Association Approval
Original List Price:$360,000
Close Price:$340,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Entry Level (floor):3
Entry Level Location:3
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:5
Possible Use:
  • Investment

Property Features

View from the Property:
  • Pool
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Elevator Secured
  • Other
Appliances:
  • Microwave
  • Refrigerator
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
  • Built-in Features
  • Bar
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$4,364

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$1,324
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Billiard Room
  • Trash
  • Elevator(s)
  • Fitness Center
Subdivision Name:DE SOLEIL S BCH RESIDENTI
Association Fee Includes:
  • Roof
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Internet
  • Electricity
  • Hot Water
  • Amenities
Complex Name:Z Hotel
Senior Community:No
Restrictions: No Recreational Vehicles RV, No Truck

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Valet

More Details

Other Information:
Unit View: Other View,Pool Area View
Housing Older Persons Act: No HOPA
Unit Design: Interior Hall,Lobby
Type of Association: Condo
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 365
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo-Hotel
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 193
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

Tax Legal Description:DE SOLEIL S BCH RESIDENTIAL CONDO UNIT 302 UNDIV 1/80 INT IN COMMON ELEMENTS OFF REC 25089-2304 COC 25222-1720 12 2006 1
Real Estate Folio Number (Parcel Number):02-32-34-193-0040
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:June 6, 2024 1:31 pm
On Market Date:June 6, 2024
Close Date:July 19, 2024
Price Change Date Time:June 6, 2024 11:18 am
Last Important Update Description:Closed
Date and Time of Last Important Update:July 22, 2024 12:49 pm
Status Last Changed:July 22, 2024 12:49 pm
Photos Last Modified:June 6, 2024 5:44 pm
Last Modified:July 22, 2024 4:50 pm
Days on the Market Reference Date:July 22, 2024
Days on the Market (updated on Last Modified*):8
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Unit Location:Interior Hall,Lobby
Number of Photos Count:37
Area:32
Ref ID:1076165523
Automated Valuation Display:Yes
Courtesy of:Robert Bourne Real Estate LLC
Universal Property Id:US-12025-N-0232341930040-R-N

Neighborhood

Postal City:Miami Beach
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