The Lorena - REO - Unit #5

For Sale $246,999
28
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The Lorena | Unit #5 Unit #5 | Fullscreen Picture

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The Lorena | Unit #5 Description

The Perfect South Beach Apartment – Turnkey Investment Opportunity! ROI 7% Spacious 1-bedroom located in a charming building on a quiet tree-lined street just a few blocks from the ocean. Bright and fully furnished, this residence features waterproof laminate flooring in the living area, bedroom, bathroom with window, and a full kitchen with electric range and natural light. Easy street parking availableabundant natural light.. The building offers laundry facilities and a charming private garden perfect for relaxing and entertaining. Walking distance to Lincoln Road, Flamingo Park, shops, cafés, restaurants, and the beach. Excellent investor opportunity with tenant in place paying .New Roof 2023. .$2,600/month.Property is tenant occupied; since 2023 .Easy to show .

The Lorena | REO Floor Plans

  • Days On Market:
    61
    Listed:
    Jun 26, 2026
  • Size:
    550 ft2 (51m2)
    Rooms:
    1
  • Bathrooms:
    1
    Baths Half:
    0
  • Annual Tax:
    $3,675
    Tax Year:
    2025
  • Maintenance Fee:
    N/A
    Association Fee:
    $726
  • Terms:
    Cash
    Property Facing:
    N/A

Property Features

Facts and features
Views
  • None
    • Interior Features
  • Interior Hall
    First Floor Entry
    • Appliances
  • Electric Range
    Electric Water Heater
    Microwave
    Refrigerator
    • Parking
  • On Street
    • Other Facts
    Cooling
  • Electric
    • Flooring
  • Vinyl
    • Amenities
    Patio And Porch Features
  • Patio
    • Association Amenities
  • Laundry
    • Construction Materials
  • Concrete Block Construction
    • Structure Type
  • Condo 1-4 Stories
    Condo
    • Schools
    Elementary School
  • Feinberg-Fisher K8
    • Middle Or Junior School
  • Nautilus
    • High School
  • Miami Beach

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