Ocean Five Condo Ocean Five Co Properties

Beautiful condo in prestigious Ocean Drive South of Fifth, right on the corner of Ocean and 5th St. Condo portion of the Ocean Five Hotel, the unit can be rented daily by owner, management company or hotel. Currently very in demand and produces great income. Buyer can rent or use it anytime, no restrictions, or use it as own residence. Completely renovated recently, new ceramic floor throughout and partial ceramic walls so as to limit wear and tear. New furniture, appliances, lighting and bathroom. One of the best units in the building. Newer contruction, luxurious finishes, impact windows and doors, two balconies, great view of ocean and palm trees, washer and dryer in unit. Low condo fees includes electric! Rooftop pool, fitness center and on site gourmet market.

Unique income property opportunity in the prestigious South of Fifth neighborhood of South Beach presents a Beachfront 5-story, 13-suite boutique condo-hotel steps from the sand! Enjoy panoramic views from your dramatic rotunda w/glass walls overlooking the ArtDeco District, Lummus Park and the ocean! Perfect for investors looking for fast return supported by a 10yr proven record of high occupancy year-round & 6% CAP RATE. Daily rental program by/owner or may elect hotel program. The prime corner is the only condo w/3 terraces in the bldg & boasts an oval shaped expansive sun-drenched living area, split floorpan, wrap-around oceanview, rooftop pool, gym, 24hr valet, bellman & more. Walking distance to top SoFI restaurants, shops, galleries, & prime nightlife. Rarely on market & must see!