255 W 24th St #204
255 W 24th St #204 Miami Beach 331400 bedrooms | 1 bathroom | 0 half bath | 320 sqft
$295,000
Property Details
- MLS #
- A11699777
- Unit #
- 204
- Address
- 255 W 24TH ST #204 map
- Bedrooms
- 0
- Bathrooms
- 1
- Living Area (f2)
- 320
- Living Area (M2)
- 30
- Year Built
- 1941
- Waterfront
- Status
- Active
- Listing Type
- Condo/Townhome
- Maintenance Fee
- $760
- Complex
- THE MANTELL CONDO
- Days On Market
- 200
- Pool
- Yes
- Pets Allowed
- N/A
- Parking Spaces
- 0
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Property Description
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: $760/MONTH INCLUDES WATER, SEWER, ELECTRICITY, INSURANCE, CABLE TV, WIFI. FULLY RENOVATED. NO REPAIRS NEEDED. COMPLETED RECERTIFICATION. PLUMBING, ELECTRICAL, FACADE, POOL, BIKE ROOM, ENTRANCE INTERCOM: ALL ASSESSMENTS PAID. BEST FLOOR PLAN IN THE MANTELL. RARE FIND FOR INVESTORS SEEKING NO-RISK STABLE RETURNS IN A HIGH-DEMAND RENTAL MARKET. SELLER MOTIVATED. ACT FAST—THIS WON’T LAST!!
Property Amenities
Equipment
- Microwave
- Gas Range
Interior Features
- Fire Sprinklers
- Other
- Walk-In Closet(s)
Exterior Features
- East Of Us1
- Courtyard
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 255 W 24th St #302 | 302 | $200,000 | 0/1 | 260 | 24 | $760 | |
| 255 W 24th St #136 | 136 | $219,000 | 0/1 | 300 | 28 | $760 | |
| 255 W 24th St #542 | 542 | $265,000 | 0/1 | 450 | 42 | $725 | |
| 435 21st St #315 | 315 | $287,800 | 1/1 | 590 | 55 | $993 | |
| 255 W 24th St #221 | 221 | $290,000 | 0/1 | 290 | 27 | $725 | |
| 0 #6 | 6 | $290,000 | 2/1 | 780 | 72 | $0 | |
| 255 W 24th St #204 | 204 | $295,000 | 0/1 | 320 | 30 | $760 | |
| 255 W 24th St #405 | 405 | $299,000 | 0/1 | 260 | 24 | $665 | |
| 435 21st St #316 | 316 | $340,000 | 1/1 | 556 | 52 | $944 | |
| 435 21st St #303 | 303 | $342,000 | 1/1 | 579 | 54 | $993 | |
| 435 21st St #322 | 322 | $348,500 | 1/1 | 613 | 57 | $1,111 | |
| 435 21st St #307 | 307 | $349,000 | 1/1 | 596 | 55 | $1,000 | |
| 2129 Washington Ave #106 | 106 | $350,000 | 1/1 | 512 | 48 | $659 | |
| 435 21st St #212 | 212 | $365,000 | 1/1 | 734 | 68 | $1,212 | |
| 435 21 ST #101 | 101 | $375,000 | 1/1 | 807 | 75 | $1,370 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 503 | 06/11/2025 | $898,000 | $949,000 | 2 | 2 | 1,132 | 6 months |
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
