South of Fifth

Miami Beach, FL 33139

$440,000
Price
1
Beds
1
Bath
410 Sq. Ft.
$1,073 / Sq. Ft.
410
Sq. Ft.
$1,073
per Sq. Ft.

Description

Perfect investment property with annual 10%+ ROI. Nightly rentals (Airbnb) allowed. Oceanwalk is located directly at the Ocean in the high desired South of Fifth neighborhood in Miami Beach. Many shops, restaurants and Art Deco district on walking distance. Beach chairs and umbrella pass for the Beach offered by management. This apartment has been rented with a yearly average occupancy rate of 85+%. Easy to show.Perfect investment property with annual 10%+ ROI. Nightly rentals (Airbnb) allowed. Oceanwalk is located directly at the Ocean in the high desired South of Fifth neighborhood in Miami Beach. Many shops, restaurants and Art Deco district on walking distance. Beach chairs and umbrella pass for the Beach offered by management. This apartment has been rented with a yearly average occupancy rate of 85+%. Easy to show.
  1. Listed by Judith Pucknat • The Corcoran Group

Property Details for South of Fifth

Subdivision
OCEAN WALK ON SOUTH BEACH
Complex Name
Oceanwalk
Style
Condo 1-4 Stories
Waterfront
Yes
Waterfront Description
Ocean Access, Ocean Front
View
Direct Ocean
Unit View
Direct Ocean
Furnished
Furnished

Location

Listing Courtesy of The Corcoran Group
Add your commute
LISTING UPDATED: 05/07/2024 11:50 AM

Property Details for South of Fifth

StatusActive
MLS #A11577161
Days on Market20
Taxes$6,049 / year
HOA Fees$481 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1939
CountyMiami-Dade County

Location

Listing Courtesy of The Corcoran Group
Add your commute

Building Information for South of Fifth

Floor2Stories3Residences-Pet Policy-Year Built1939

Payment Calculator

$3,386 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,401

Property Taxes

$504

HOA Dues

$481

The Payment Calculator is for illustrative purposes only.

Property Information for South of Fifth

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-206-0160
  • Parcel Number MLX: 0160
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 206
  • Subdivision Complex Bldg: Oceanwalk
  • Unit Floor Location: 2
  • Total Floors In Building: 3
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Other Parking, Street Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 365
  • Type of Governing Bodies: Condominium
  • Unit Design: Interior Hall
  • Water Access: Unrestricted Salt Water Access
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Marble Floors, Other Floors
  • Floor Description: Marble Floors, Other Floors
  • Security Information: Card Entry, Lobby Secured, TV Camera
Room Information
Room Information
  • Bedroom Description: Other, Primary Bath Shower, Primary Bath Tub
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling, Electric Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Furnished: Furnished
  • Interior Features: Second Floor Entry, Closet Cabinetry, Fire Sprinklers, Other Interior Features
  • Equipment Appliances: Elevator, Fire Alarm, Icemaker, Microwave, Refrigerator
  • Exterior Features: None
  • Maintenance Includes: Cable Tv, Electric, Internet/WiFi
  • Amenities: Common Laundry, Elevator, Pool
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Special Assessment: Yes
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $100

Property History for South of Fifth

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for South of Fifth

Taxable ValueLand-Additions-Total-
Tax Record2023$6,049 ($504 / month)
Home Facts
Beds1Total Finished SqFt410 SqFtAbove Grade Finished SqFt410 SqFtStyleCondominiumYear Built1939Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-4203-206-0160

Schools near South of Fifth

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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South of Fifth is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on April 26, 2024 by The Corcoran Group, it's currently listed at $440,000. It has been on the market for a total of 20 days and was last sold on August 19, 2021. This listing's school district is Miami-Dade. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. South of Fifth is a 1-bed, 1-bath, 410 sqft condo built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Corcoran Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.