Atlantic Luxury Advisors
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15 photos

420 15th St #205

Miami Beach, FL 33139

$385,000
1
1.5
640 sq ft
1937
Condominium
$900/mo
1
Active

Listing courtesy of HomeCoin.com (Jonathan Minerick). Contact: [email protected].

About this home

**Prime South Beach Opportunity – Daily Short-Term Rentals Allowed!** Exceptional and fully legal short-term rental opportunity (Airbnb/VRBO) with **no minimum rental restrictions** in the heart of South Beach. This bright and spacious 1-bedroom, 2-bathroom residence is ideally situated on the second floor of a boutique elevator building. Bathed in natural light, the apartment offers a functional and comfortable layout perfect for guests or personal use. Convenient laundry facilities are located right on the floor. Unbeatable location just minute away from world-class dining, Lincoln Road, shopping, and the beach. A turnkey, high-demand asset ready to maximize your cash flow from day one.

What it costs to own
Estimated monthly payment
$3,619/mo
Principal and interest
$1,947
Property tax
$530
Homeowners insurance
$242
HOA
$900

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$6,360/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$900/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.