Basic Information
- MLS # A11750317
- Type Condominiums
- Subdivision/Complex Island Club Two Condo
- Year Built 1972
- Total Sqft 911
- Date Listed 02/27/2025
- Days on Market 308
INCOME-PRODUCING INVESTMENT OPPORTUNITY — Currently rented through December 2026, providing immediate and stable cash flow. **40-Year Certification completed** new impact windows and doors installed, offering long-term value and reduced capital expense. Located in a secure, gated community with 24/7 security, this property delivers both peace of mind and consistent tenant demand. The unit features new shaker-style kitchen cabinets and a new guest bath vanity, along with a bright split-bedroom floor plan filled with natural light. The primary suite includes a spacious walk-in closet and full bath, while guests enjoy the convenience of a half bath. Community laundry rooms on each floor and a private storage locker on the same floor as the unit add everyday functionality. Residents enjoy resort-style amenities including two pools, BBQ area, sauna, fitness center, and putting green. Ideally located with quick access to the beach, Atlantic Blvd, Starbucks, shopping, and dining. Assigned parking space #192 is conveniently located at the lobby entrance. Current tenant paying $1,800/month, making this a solid opportunity to generate revenue immediately. Seller is motivated and reducing his portfolio—an excellent time to acquire a performing asset with upside potential.
Amenities
- Cabana
- Fitness Center
- Laundry
- Playground
- Pool
- Storage
- Elevators
Exterior Features
- Waterfront Yes
- Parking Spaces 0
- Pool Yes
- WF Description Intracoastal Access, Intersecting Canal
- Parking Description One Space
- Exterior Features Balcony
Interior Features
- Adjusted Sqft 911Sq.Ft
- Interior Features Bedroom On Main Level, Breakfast Area, First Floor Entry, Kitchen Dining Combo, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Tub Shower, Walk In Closets
- Sqft 911 Sq.Ft
Property Features
- Aprox. Lot Size 911
- Furnished Info Yes
- Short Sale Regular Sale
- HOA Fees $785
- Subdivision Complex Island Club Two
- Subdivision Info Island Club Two Condo
- Tax Amount $4,438
- Tax Year 2024
777 S Federal Hwy #RP817
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sapphire Luxury Properties. tel: 954-303-1082
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