Price reduced: Unique 2 story TH unit w/ DIRECT pool & beach access from unit patio. Casablanca is one of only two buildings in Mid Beach that allows daily rentals through Airbnb & other platforms. Low HOA dues of $654/month. Current owner has just invested $50, 000 in renovations and new furnishings. Cap rate of 7% based on pro-forma income of $87K/yr. Current owner uses professional management company to handle all aspects of Airbnb rentals. This is a perfect turnkey investment.
Courtesy of: Miller Eaton LLC MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 3rd February, 2023 7:11 AM (UTC)