Edgewater One-Bedroom Facing Margaret Pace Park
$640,000
Edgewater, Miami, FL · Condo · 1 bd · 1 ba
A 2021-built one-bedroom overlooking Margaret Pace Park and the bay beyond. The building runs a licensed short-term rental programme, so the unit can be handed to management and operated without the owner in Miami. Popular with investors buying their first Florida property.
Highlights
- Turnkey short-term rental programme on site
- Park and partial bay views
- Built 2021 — no assessment history
- Walk to Wynwood and the Design District
Investment snapshot
- Est. monthly rent
- $3,900
- Cap rate
- 4.7%
- HOA / month
- $720
- Annual taxes
- $8,320
- Year built
- 2021
- Square feet
- 760
Short-term rental allowed