Investment Opportunity: South Beach 1 Bedroom, Walking Distance to Lincoln Road with Low Monthly Fees

December 14, 2015 by Sarah Elles Boggs

Sherita Condo Miami Beach

Just in time to wrap up 2015, we are excited to offer this 1 bedroom investment property in South Beach.

The Sherita Condo is a boutique development of only 28 apartments at 1840 James Avenue in South Beach. It was originally built in 1952 and is walking distance to both Lincoln Road and the Miami Beach sand.

Today we listed a 1 bedroom apartment in the complex that is rented until March 31, 2016 for $1,400 per month. The second floor apartment has been updated with laminate wood floors and is offered for $230,000. The HOA fees are $325 per month.

Reach out if you would like additional information on the lease, property or opportunity. We are happy to show the property so long as we can give the tenant 24 hours’ notice of the appointment. Here are some additional photos of the apartment:

Sherita Condo Miami Beach

Sherita Condo Miami Beach

Sherita Condo Miami Beach

Sherita Condo Miami Beach

Sherita Condo Miami Beach

Sherita Condo Miami Beach

Sherita Condo Miami Beach

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