Flamingo South Beach 1 Bedroom Direct Bay $379,000 Short Sale

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I just had a huge price reduction on a Flamingo South Beach Penthouse 1 Bedroom Condo Apartment and there’s still room to negotiate. This is the lowest Flamingo Miami Real Estate priced Direct Bay View 1 Bedroom, The Balcony Faces West towards the Bay and the city the Miami Downtown Skyline. This is the Best Angle/Side of all the One Bedrooms (all wide bay view from the hall way). Estimated Monthly Taxes are $540 plus Condo Maintenance Fees of $450. Today’s Estimated Rental Income is $2,000 Monthly on a 1 Year Lease or $2,500-3,000 Monthly on Short Term Furnished Rentals.  With a little work you can even raise the ceiling 2-3 feet since it’s a penthouse unit. Unit needs work and is sold as-is, seasonal rental income can not be guaranteed and is based on many factors. All quoted rentals rates are maximum potential on a subject or comparable unit, your specific circumstances, furniture, furnishings and current market conditions will determine the ultimate price. As the Flamingo South Beach expert, I can help you find exactly what you’re looking for. For sales information, contact Juan Leal at (305) 975-7472.

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~ by Juan Leal on March 11, 2008.

One Response to “Flamingo South Beach 1 Bedroom Direct Bay $379,000 Short Sale”

  1. please email me additional information on Flamingo S. Beach Penthouse 1 bed Condo Apt. dues? other fees? photos?
    Thanks,
    Doug

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