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Incredible investment opportunity in Miami Beach's Faena District, just a block from the ocean! This fully furnished, Airbnb-approved condo is legally registered as an authorized short-term rental business, so the new owner can start earning income right away through Airbnb, other platforms, or long-term leases. No rental restrictions! The unit comes complete with all housewares, linens, electronics, and beach gear for a true turnkey investment. Unbeatable location on Collins Avenue, close to Faena, The Edition, Lincoln Road, and the Ocean Drive Art Deco district, with easy access to everything South Beach has to offer. Additional highlights include low HOA fees and laundry facilities on every floor. A rare chance to own a proven income-producing property in one of Miami Beach's most desirable neighborhoods.
| DAYS ON MARKET | 32 | LAST UPDATED | 8/22/2026 |
|---|---|---|---|
| TRACT | THE MADISON CONDO | YEAR BUILT | 1941 |
| COMMUNITY | 32 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | North Beach |
|---|---|
| Jr. High School | Nautilus |
| High School | Miami Beach |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Sewer, Trash, Water |
| APPLIANCES | Electric Range, Microwave, Refrigerator |
| AREA | 32 |
| CONSTRUCTION | BLOCK |
| EXTERIOR | Other |
| HEAT | Wall Furnace |
| HOA DUES | 563 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| PARKING | None |
| STORIES | 4 |
| STYLE | Other |
| SUBDIVISION | THE MADISON CONDO |
| TAXES | 4605 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Realty
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