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For Sale📷 28 photos · click to enlarge
×Listing photo
$385,000

Details

Bedrooms2
Full Baths2
Half Baths0
Living Area993 sqft
Price / SqFt$388
MLS #A11985281
Year Built1981
Days on Market157
Listed DateMar 24, 2026

The Unit

Floor3
Total Area993 sqft
ViewGarden View
FurnishedUnfurnished,Furniture Negotiable
FlooringTile
Interior FeaturesCloset Cabinetry, Custom Mirrors, Elevator, Walk-In Closet(s)
AppliancesDishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
CoolingCentral Air
HeatingCentral

The Building

Floors in Building5
Building TypeCondo 5+ Stories
ConstructionResale
AmenitiesLaundry, Elevator(s), Exterior Lighting
Exterior FeaturesOpen Balcony
SecurityComplex Fenced, Intercom In Lobby, TV Camera
Parking1 Space, Assigned (1 garage)
PetsDogs OK
Flood ZoneAE

Costs and Rules

HOA Fee$911 / month
HOA Fee IncludesBuilding Exterior, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Manager, Parking, Pest Control Interior, Reserve Fund, Security, Sewer, Trash Removal, Water
Tax Year2025
Application Fee$100
Minimum Lease180 days
RestrictionsNo Daily Rentals, Okay To Lease 1st Year
Accepted TermsAll Cash, Conventional

Schools

MiddleNautilus
HighMiami Beach

Description

Cozy, spacious, and updated 2-bedroom, 2-bathroom corner unit in the heart of South Beach. Ideally located on Alton Road, just moments from Lincoln Road, Flamingo Park, the bay walk, Whole Foods, the beach, and West Avenue. Set within a peaceful boutique building, this bright and inviting residence offers approximately 1,000 SF of interior space with a wonderful split floor plan, providing both privacy and functionality. The quiet corner unit enjoys an open layout with a beautiful dining and office area, generous living space, and an abundance of natural light throughout. The unit includes a private balcony, stainless steel appliances, an in-unit washer and dryer, and ample closet space. One assigned parking space in a gated garage is also included. Priced to sell and an exceptional value opportunity for both end users and investors alike. Surrounded by substantial new luxury development along West Avenue, the property is well-positioned within one of South Beach’s most actively evolving neighborhoods, offering attractive long-term investment potential. Tenant-occupied at $3,350/month through April 2027, the property delivers immediate income with a cap rate of approximately 6%, making it a rare find in today’s South Beach market. The building features full reserves, recertification nearing completion, and all special assessments paid by the seller (approximately $15,000). Schedule your private showing today.

Listing courtesy of Compass Florida, LLC. Information deemed reliable but not guaranteed via the MIAMI Association of REALTORS IDX feed.

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