Location, it's always about the location, location. Supply and Demand is another important factor in Real Estate. Here you have something with very little supply, a townhouse in an Art Deco building located in the heart of South Beach right next to Lincoln Rd and the Sands of South Beach. This low supply TH is in extremely high demand for multiple reasons. Location we touched on, not only in South Beach, Florida is in high demand too. Privacy and safety of a TH in this post-pandemic world. And pricing...There is a TH that recently closed that was a mere 127 SF larger, built in 2011 that sold for $1.2M making this price point affordable in comparison. It is listed for Rent too, so owner will take the first serious, qualified offer that comes through, whether that be for rent or for sale.
Living area
1,001 sqft
bathrooms
1
half bathrooms
1
bedrooms
2
unit number
3
advert courtesy of
Miami Properties and Paradise
building year
1935
building floors number
2
building name
1525 Pennsylvania
building amenities/services
Other
building ownership
Condo
Price
$ 489,000
real estate taxes (yearly)
$ 4,564
condominium charges/maintenance fees (monthly)
$ 502
All information furnished herein are from sources deemed reliables. No offer is made by Wire Consulting Italia srl nor rapresentation is any to be implied as to the accuracy thereof. All information are accurated but subject to errors, omissions, change of sale condition or lease, or withdrawal without any notice. Listings information are provided by third parties for consumer personal consideration and no commercial use, solely for consideration of potential purchase or lease; all other use is strictly prohibited and may violate relevant laws. All dimensions are approximate.
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