New ListingExceptional investment opportunity at Quantum on the Bay! This tenant-occupied studio is currently generating $2,000 per month-$24,000 in annual gross rental income-providing immediate income from day one. Located on the 17th floor, this spacious 594-square-foot residence features an open layout, one full bathroom, abundant natural light, and a modern kitchen with stainless-steel appliances. Quantum on the Bay is a full-service waterfront condominium in Miami's desirable Edgewater neighborhood, directly across from Margaret Pace Park and minutes from Downtown Miami, Brickell, Wynwood, the Design District, Miami Beach, Kaseya Center, shopping, dining, and entertainment. Ideal for an investor seeking a centrally located Miami property with an established tenant and immediate rental income. Buyer must assume the existing lease.
| MLS # | B26073307 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Quantum on the Bay |
| HOA Dues | $535 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 2 |
| Listing Provided By | KeyStone USA Realty LLC | Clara Robinson |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 594 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | 5000 |
| Property View | Yes |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Covered, Garage, Guest, One Space, Valet |
| Tax Annual Amount | 4421 |
|---|
| Community Features | Clubhouse, Fitness, Home Owners Association, Street Lights, Sidewalks |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33132 |
| Area | 32 |
| Community Name | QUANTUM ON THE BAY CONDO N |
| Listing VS Median (in QUANTUM ON THE BAY CONDO N) | |
Price: $329,000 low | high Med: $329,000 sqft: 594 low | high Med: 594 $ / sqft: $554 low | high Med: $554 On site: 2 low | high Med: 2 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33132 |
| Area | 32 |
| Community Name | QUANTUM ON THE BAY CONDO N |
| Listing VS Median (in QUANTUM ON THE BAY CONDO N) | |
Price: $329,000 low | high Med: $329,000 sqft: 594 low | high Med: 594 $ / sqft: $554 low | high Med: $554 On site: 2 low | high Med: 2 | |