** Owner paid over $700k with remodeling costs **

Cash Flowing  At  at $1600 per month,

After maintenance and taxes you cashflow about $250

- NON - LISTED

- Art deco condo on South Beach

- Studio apartment over 600 sq ft.

- Rented as of Dec. 26, 2009 for one year

- Rented at $1600 per month, after maintenance and taxes you cashflow about $250

- No restrictions

- Marble bathroom

- Complete turnkey comes furnished

- Remodeled with Miele stainless steel appliances

- Washer, dryer & bidet in unit

- North/west views

- Restaurant coming soon to bldg

- Building faces the ocean

- The owner owns the property free and clear

- Bright unit with North/West views

- Taxes $6800

- Maintenance approximately $700

** Seller is extremely motivated **

** Property is to be sold free and clear **

** Owner paid over $700k with remodeling costs **

Disclaimer

All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction. However, all properties are free and clear