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Mickey Gutleizer

michael@backyardagent.com +1(754) 224-8223

$124,500

Est. payment - /mo

2 Beds

2 Baths

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Subdivision Smart Brickell

MLS Listing ID A11946527

Bedrooms 2

Full Baths 2

HOA Fees $923/ann

HOA Y/N Yes

Min Days of Lease 45

Leases Per Year 8

Year Built 2024

Annual Tax Amount $1,079

Tax Year 2025

Property Sub-Type Condominium

Property Description

This unit operates under a co-ownership model with eight owners per residence. Each buyer acquires a 1/8 share of the property, sharing the initial purchase cost as well as operating and maintenance expenses equally among all owners. Ownership is structured through a parent company in which all owners are included on the title, ensuring a clear and secure legal framework. Under this flexible-use model, each owner enjoys up to 45 days of use per year, distributed across multiple stays, with usage weeks rotating annually to allow access to different seasons at no additional cost. Unlike a fixed model, there is no guaranteed rental income; however, owners may personally use their allotted days or place them in the rental pool to generate income based on market demand and occupancy. The developer is also one of the co-owners and manages all operations, administration, and reservations, eliminating the need for personal involvement. The unit is delivered fully furnished and ready for immediate use, and all fractional interests are priced equally since ownership is based on rotating usage rather than fixed seasons. Overall, this is an ideal opportunity for buyers seeking a Brickell property with a low entry cost, flexible annual use, and income potential without the burden of hands-on management—supported by professional photos and a virtual tour available in the unit's Dropbox.

Location

State FL

County Miami-dade

Community Smart Brickell

Area 41

Interior

Interior Features Bedroom on Main Level, First Floor Entry

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Deck

Garage Spaces 1.0

Pool Association

Amenities Available Fitness Center, Pool, Elevator(s)

View Other

Porch Deck

Garage Yes

Private Pool Yes

Building

New Construction true

Others

Pets Allowed No

HOA Fee Include Amenities,HVAC

Senior Community No

Restrictions Exterior Alterations,No RV,No Truck

Tax ID 01-41-38-177-0440

Ownership Fractional/Co-Ownership

Security Features Lobby Secured

Acceptable Financing Cash

Listing Terms Cash

Pets Allowed No

Virtual Tour https://my.matterport.com/show/?m=CshPLyENmvh

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by EXP Realty LLC

239 SW 9th St #2304 Miami, FL 33130