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The Alexander is a condo-hotel that offers the advantages to lease immediately after closing, no minimum or maximum lease period is required.
This particular unit is privately managed, offering a stream of income to cover expenses and allow a relaxed NOI.
The condo has been remodeled, furnished and updated featuring 2 bedrooms with their each ‘en-suite’ bathrooms, a feature very attractive to renters.
The modern kitchen opens to a dining room/Living room combination that allows the guest to enjoy endless views to the ocean, the bay, and the beach. Building offers amazing amenities including a glorious pool, modern gym, and direct beach access; valet parking, beach/pool service, maid service, concierge.
HOA $1,270, current Special assessment $530. Included in the monthly HOA: Water, wifi, cable, electricity, complimentary valet or self parking for registered owners only, Beach service (one umbrella and two chairs).
Rent this out for income, use as a vacation home for yourself, or both!
Updated on February 25, 2022 at 6:42 pm
5225 Collins Ave #411 Miami Beach: Income-producing Oceanfront Condo
