apartment in the House 3 complex at 1150 Euclid Avenue, No. 101, Miami Beach, Florida. The living area is 650 sq. ft., the layout includes a bedroom, a bathroom and a living room. The apartment is located on the second floor, has a balcony, two separate entrances and parking secured by the association. The facility is leased under an agreement until October 31, 2024 with an income of $3,200 per month, which makes it a profitable offer for investors. The seller assumes the first installment on special payments in the amount of $ 328 per month, the remaining debt is estimated at between $ 18-20 thousand.
The complex is conveniently located just one block from Flamingo Park with tennis and basketball courts, a swimming pool and recreation areas, as well as several blocks from the beach, shopping and entertainment Lincoln Road, the famous Ocean Drive and the Whole Foods supermarket chain. The area is popular with tourists and tenants due to the combination of resort atmosphere, well-developed infrastructure and walking distance to the main attractions.
Miami Beach is considered one of the key destinations in the US real estate market, where demand is generated by both residents and international buyers. Florida attracts with its warm climate, favorable tax system and stable growth in housing prices, which makes this facility the optimal solution for both personal residence and rental business.