Fully furnished studio situated in the vibrant heart of Miami Beach, nestled between the iconic Faena and Fontainebleau hotels. Perfect for investors, this unit is licensed for daily short-term rentals, with the license transferable to new owners. Enjoy the flexibility of no rental restrictions and the opportunity to own a piece of Miami Beach. Opportunity to purchase individually or together with 3 other units in the building.
Amenities
Trails
Elevators
Interior Features
Third Floor Entry
Exterior Features
None
Property Tax Information
Tax Amount: $2,789
Tax Year: 2023
mortgage Calculator
monthly payment breakdown
total monthly payment
$
Principal & Interest
The principal is the amount that you borrow from a
lender. The interest is the cost of borrowing that money.
$
0,000
Property Taxes
This tax is a percentage of a home’s assessed value and
varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
0 Beds
1 Baths
