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Key Details
Sold Price $520,000
Property Type Single Family Home
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 344 sqft
Price per Sqft $1,511
Subdivision Olsen Hotel Condo
MLS Listing ID A11465739
Sold Date 01/17/24
Bedrooms 1
Full Baths 2
Construction Status Condo-Hotel
HOA Fees $582/mo
HOA Y/N Yes
Year Built 1940
Annual Tax Amount $2,592
Tax Year 2022
Contingent No Contingencies
Property Description
Rare two-unit combo with ocean views in a charming hotel Olsen located right on the sand in North Beach. Lots of restaurants and cafes nearby, public tennis courts, and North Shore Oceanside Park is just a few blocks away. The area is growing fast and is full of new developments. Both units have updated bathrooms, impact windows, and gorgeous terrazzo floors. Can be immediately rented short term. Low carrying costs make it a great income producing property, and fast growing area makes it a great long term investment. Units can be purchased as a combo or separately.
Location
State FL
County Miami-dade County
Community Olsen Hotel Condo
Area 32
Direction When going north on A1A, take a right on 73rd st. Olsen Hotel is the last building on the left.
Interior
Interior Features First Floor Entry, Elevator
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Terrazzo
Exterior
Exterior Feature Security/High Impact Doors
Utilities Available Cable Not Available
Amenities Available Elevator(s)
Waterfront Yes
Waterfront Description Ocean Front
View Y/N Yes
View Garden, Ocean
Parking Type None
Garage No
Building
Structure Type Block
Construction Status Condo-Hotel
Others
Pets Allowed Conditional, Yes
HOA Fee Include Common Areas,Hot Water,Maintenance Structure,Sewer,Trash,Water
Senior Community No
Tax ID 02-32-02-101-0190
Security Features Elevator Secured,Key Card Entry
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Listed As-Is
Pets Description Conditional, Yes
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Bought with Douglas Elliman