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Waterfront · Condominium
$2,650,000$3,060 / sqft
102 24th Street # 1512, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
866 sqft
Interior
2015
Year built
$2,668 / mo
HOA
Condominium
Type
About this home
NO RENTAL RESTRICTIONS! Turnkey ocean-view residence at the prestigious 5-star One Hotel South Beach, currently generating approx. $240K gross/year. Operating on Airbnb for the past 4 years and professionally managed, with the option to continue private management or join the Hotel rental program. Enjoy complete flexibility: live here full-time, use it as your private Miami Beach retreat, or continue operating it as a high-performing short-term rental. This spacious 1-bedroom, 1-bath residence features a full kitchen, living area with sleeper sofa, in-unit washer/dryer, and a large private balcony with ocean views. Experience true 5-star resort living with white-glove service, chauffeured Teslas, multiple pools including the iconic rooftop pool, Anatomy gym & restaurants.
Features
- Built-in Features
- Laundry Tub
- Other
- Exterior Lights
- Open Balcony
- Ocean
- Water
- Direct Ocean
- Ocean View
Location
Approximate — shows the building, not the unit.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.