Deal of the Month at Bay View Loft Miami Beach

Bay View Loft

Welcome to this Deal of the Month at Bay View Loft Miami Beach! Happy Holiday as we enter the day before thanksgiving with excitement & amazement at both how much food we can stuff ourselves with plus the unfolding of the new year.

Rounding off the final weeks of 2009, I am Very Thankful for all of you. To my direct clients that have made this business thrive in a market that many would claim is quite challenging. So much will be unfolded in January with 2 new websites and 2 new blogs, surely adding value, substance, and knowledge to the local Miami Beach real estate market.

I end this week before leaving to see the family with a blog post, “deal of the month,” that is under the radar. Its asking price is low and will prove to be a stellar beach pad (or should I say loft) for the savvy buyer. If you want to see a new deal posted each month like this one, please comment below and let us know. Contact me here if you have any questions about Bay View Loft Miami Beach.

Bay View Loft 206

Located in Miami Beach at 2000 Bay Drive right off the Kennedy Causeway as you enter East into the Miami Beach welcome sign. The loft complex comprises only 22 2-story lofts, with the vast majority facing out to the direct bay. The best part is the unobstructed bay views, including the Grand View Palace Marina across the waterway. As of September, the association was financially healthy, with a reserve fund intact and a very low maintenance fee of only $435 monthly. It is, unfortunately, an owner-occupied short sale, so it will take 3 to 7 months before possession occurs. For the patient buyer, it should show great returns over the years. The rental income is $2,000 monthly and $2,500 for a seasonal lease (permitted at 3-month intervals).