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Rare opportunity to own a legal short-term rental property in the heart of South Beach. One of the few buildings that allows daily rentals without being a condo-hotel, allowing owners to keep 100% of their rental income with no mandatory management program or revenue split. This bright top-floor corner unit at The Empire Condo offers 2 bedrooms, 1 fully renovated bathroom, a kitchenette, spacious living/dining area, and a large walk-in closet. Ideally positioned facing Collins Avenue, you're just steps from the beach, cafés, restaurants, nightlife, boutique shopping, and a public parking garage. Recent owner improvements include a new air handler (2023), a complete designer bathroom renovation (2025), and nearly $10,000 invested in new luxury flooring and baseboards (2025). Additional features include updated kitchen finishes and abundant natural light throughout. Whether you're looking for a high-performing investment, vacation home, or full-time residence, this turnkey property offers an unbeatable South Beach location with exceptional income potential and true short-term rental flexibility.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 489 Tilford W #489 | 489 | $89,000 | 1/1 | 700 | 65 | $603 | |
| 432 TILFORD T #432 | 432 | $90,000 | 1/1 | 585 | 54 | $552 | |
| 2045 Newport N #2045 | 2045 | $119,000 | 2/2 | 860 | 80 | $649 | |
| 4050 Harwood E #4050 | 4050 | $119,900 | 2/1 | 860 | 80 | $617 | |
| 2007 Islewood D #2007 | 2007 | $119,900 | 1/1 | 700 | 65 | $620 | |
| 573 E Durham U #573 | 573 | $125,000 | 2/2 | 820 | 76 | $675 | |
| 763 Pennsylvania Ave #101 | 101 | $165,000 | 0/1 | 305 | 28 | $935 | |
| 763 Pennsylvania Ave #116 | 116 | $165,000 | 0/1 | 270 | 25 | $836 | |
| 763 Pennsylvania Ave #130 | 130 | $170,000 | 0/1 | 270 | 25 | $836 | |
| 544 Michigan Ave #10 | 10 | $178,950 | 0/1 | 0 | 0 | $461 | |
| 1308 Drexel Ave #307 | 307 | $179,990 | 0/1 | 430 | 40 | $514 | |
| 1009 Meridian Ave #15 | 15 | $180,000 | 0/1 | 420 | 39 | $615 | |
| 1228 Pennsylvania Ave #3 | 3 | $180,000 | 0/1 | 400 | 37 | $320 | |
| 1228 Pennsylvania Ave #2 | 2 | $180,000 | 0/1 | 400 | 37 | $320 | |
| 0 #8 | 8 | $180,000 | 0/1 | 300 | 28 | $1,114 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 2 | 05/11/2026 | $387,000 | $389,000 | 1 | 1 | 770 | 1 month |
| B | 04/30/2026 | $621,000 | $649,000 | 2 | 2 | 750 | 3 months |
| 43 | 04/29/2026 | $185,000 | $199,000 | 0 | 1 | 400 | 2 months |
| 705 | 04/27/2026 | $2,700,000 | $2,700,000 | 2 | 2 | 1,407 | 1 month |
| 1 | 04/27/2026 | $585,000 | $595,000 | 2 | 2 | 890 | 2 months |
| 2506 | 04/24/2026 | $870,000 | $899,000 | 1 | 1 | 780 | 5 months |
| 502 | 03/31/2026 | $8,000,000 | $8,450,000 | 3 | 3 | 3,103 | 2 years |
| 3402 | 03/26/2026 | $5,500,000 | $5,970,000 | 2 | 2 | 1,791 | 1 year |
| 305 | 03/20/2026 | $245,000 | $254,900 | 1 | 1 | 700 | 4 months |
| 502 | 03/16/2026 | $330,000 | $325,000 | 1 | 1 | 734 | 2 months |
| 7E | 03/13/2026 | $265,000 | $279,500 | 1 | 1 | 581 | 3 months |
| 4 | 03/13/2026 | $550,000 | $450,000 | 2 | 2 | 840 | 5 months |
| 904 | 03/12/2026 | $380,000 | $394,000 | 1 | 1 | 662 | 10 months |
| 512 | 03/10/2026 | $325,000 | $315,000 | 1 | 1 | 725 | 1 month |
| 216 | 03/09/2026 | $825,000 | $878,000 | 2 | 2 | 1,218 | 1 month |
| 605 | 03/06/2026 | $3,850,000 | $3,990,000 | 3 | 3 | 2,042 | 7 months |
| 416 | 03/05/2026 | $287,500 | $315,000 | 1 | 1 | 785 | 1 month |
| 201 | 03/03/2026 | $250,000 | $250,000 | 1 | 1 | 681 | 1 month |
| 204 | 03/03/2026 | $780,000 | $799,000 | 3 | 3 | 1,300 | 1 month |
| D302 | 03/03/2026 | $375,000 | $375,000 | 1 | 1 | 470 | 3 months |
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