About This Property
Residential in Miami
Exceptional investment opportunity at Quantum on the Bay! This tenant-occupied studio is currently generating $2,000 per month—$24,000 in annual gross rental income—providing immediate income from day one. Located on the 17th floor, this spacious 594-square-foot residence features an open layout, one full bathroom, abundant natural light, and a modern kitchen with stainless-steel appliances. Quantum on the Bay is a full-service waterfront condominium in Miami's desirable Edgewater neighborhood, directly across from Margaret Pace Park and minutes from Downtown Miami, Brickell, Wynwood, the Design District, Miami Beach, Kaseya Center, shopping, dining, and entertainment. Ideal for an investor seeking a centrally located Miami property with an established tenant and immediate rental income. Buyer must assume the existing lease.
Features & Amenities
Property Highlights
Roof
- Aluminum
- Composition
View
- City
- Clubhouse
- Pool
- Bay
Sewer
- Public Sewer
Levels
- One
Cooling
- Central Air
- Electric
Fencing
- Fenced
Heating
- Central
- Electric
Flooring
- Wood
Amenities
- Business Center
- Clubhouse
- Elevator(s)
- Fitness Center
- Heated Pool
- Lobby
- Sidewalks
- Street Lights
- Trash Chute
Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- Other
Appliances
- Dishwasher
- Disposal
- Electric Range
- Ice Maker
- Microwave
- Refrigerator
Membership
- No Membership Available
Possession
- Close Of Escrow
- Other
Room Types
- Kitchen
- Living Room
- Master Bedroom
Water View
- Bay
Dining Area
- DiningLiving Room
WaterSource
- Public
Pets Allowed
- Breed Restrictions
Restrictions
- Lease Restrictions
- Other Restrictions
- Parking - No Trailer
Water Access
- None
Water Source
- Public
Listing Terms
- 1031 Exchange
- Cash
- Conventional
Structure Type
- Multi Family
Other Equipment
- Call Listing Agent
ParkingFeatures
- Attached Garage
- Covered
- Garage
- Guest
- Valet
Pets Allowed YN
- Yes
Tax Information
- No Homestead
- Tax Reflects No Exemptions
Window Features
- Storm Window(s)
Association Type
- Condominium
ExteriorFeatures
- Awning(s)
- Custom Lighting
- Other
InteriorFeatures
- Elevator
- Entrance Foyer
- High Ceilings
- Pantry
Laundry Features
- Laundry Closet
Main Living Area
- Entry Level
Parking Features
- Covered
- Guest
- Valet
- Attached Garage
- Garage
SecurityFeatures
- Entry - Phone/Intercom
- Gated with Guard
- Lobby - Attended
- Security Fence
- Security Guard
- None
Unit Description
- Interior Hallway
- Studio
Exterior Features
- Awning(s)
- Custom Lighting
- Other
Interior Features
- Elevator
- Entrance Foyer
- High Ceilings
- Pantry
Security Features
- Entry - PhoneIntercom
- Gated with Guard
- Lobby - Attended
- Security Fence
- Security Guard
- None
Foundation Details
- Block
Master BedroomBath
- None
- Other
Property Condition
- Resale
Road Frontage Type
- East of US-
WaterfrontFeatures
- None
Special Information
- Sold As-Is
AssociationAmenities
- Maintenance
- Business Center
- Clubhouse
- Elevator(s)
- Fitness Center
- Heated Pool
- Lobby
- Sidewalks
- Street Lights
- Trash Chute
Showing Requirements
- 24 Hour Notice
- Call Listing Agent
- Occupied
Association Amenities
- Maintenance
Sprinkler Description
- None
Construction Materials
- Block
- Brick
- Brick Veneer
- Concrete Block - No Stucco
Application Information
- 3-4 Weeks Approval
Association Fee Includes
- Common Areas
- Elevator
- Hot Water
- Insurance
- Maintenance Structure
- Pool Service
- Recreation Facility
- Security
- Sewer
- Trash
- Water
SpecialListingConditions
- Standard
Leasing Permitted Details
- Okay To Lease During First Year
Special Listing Conditions
- Standard
Specifications
Property Details
Location