Miami Beach, FL 33140 255 W 24th St 204
$295,000



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Presented By: This listing is courtesy of Coldwell Banker Realty;
Home Details
INVESTMENT OPPORTUNITY | SOUTH BEACH ART DECO CONDO | ROI 2025-26: 4.25%-5.25%
TURNKEY INCOME-GENERATING UNIT IN PRIME MIAMI BEACH LOCATION. CASH-FLOW POSITIVE. NO RENTAL RESTRICTIONS. LEASED AT $1,800/MO – ZERO VACANCY THROUGH 03/2026. NET OPERATING INCOME: $12,480/YEAR. HOA: $760/MONTH INCLUDES WATER, SEWER, ELECTRICITY, INSURANCE, CABLE TV, WIFI. FULLY RENOVATED. NO REPAIRS NEEDED. COMPLETED RECERTIFICATION. PLUMBING, ELECTRICAL, FACADE, POOL, BIKE ROOM, ENTRANCE INTERCOM: ALL ASSESSMENTS PAID. BEST FLOOR PLAN IN THE MANTELL. RARE FIND FOR INVESTORS SEEKING NO-RISK STABLE RETURNS IN A HIGH-DEMAND RENTAL MARKET. SELLER MOTIVATED. ACT FAST—THIS WON’T LAST!!
Presented By: This listing is courtesy of Coldwell Banker Realty;
Interior Features for 255 W 24th St 204
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NNo
Interior AmenitiesWalkInClosets
Total Stories5
Other Rooms
Entry Level2
General for 255 W 24th St 204
Additional Parcels Y/NNo
AppliancesGasRange, Microwave
Assoc Fee Paid PerMonthly
Association AmenitiesBikeStorage, Pool, Storage
Association Fee IncludesCableTv, Laundry, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, Sewer, Trash, Water
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingCeilingFans, WallWindowUnits
CountyMiami-Dade
Electric On Property Y/NNo
Entry Location2
Full Baths1
Garage Spaces0.0
Garage Y/NNo
HOAYes
HOA Fee$760.0
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionTHE MANTELL CONDO UNIT 204 UNDIV 1.25 % INT IN COMMON ELEMENTS OFF REC 16090-0239 OR 20244-1461 0202 1
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
Patio/Porch FeaturesPatio
Pets AllowedConditional, Yes
Pool FeaturesAssociation
PossessionClosingAndFunding
PostalCityMiami Beach
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
Security FeaturesDoorMan, FireAlarm, PhoneEntry, FireSprinklerSystem, SmokeDetectors
Senior Community Y/NNo
Showing Instructions24 Hour Notice, Appointment Only, Call Listing Agent
Standard StatusActive
StatusActive
Subdivision NameTHE MANTELL CONDO
Tax Annual Amount3696.0
Tax Year2024
Total Rooms0
Unit Number204
ViewGarden
Virtual TourClick here
Year Built1941
Year Built DetailsResale
Exterior for 255 W 24th St 204
Building Area Total320.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesCourtyard, Patio
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Other EquipmentIntercom
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Waterfront Y/NNo
Additional Details
Price History

Juan Ignaciov Pineros Barreto
Realtor®