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About This Property
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.
Property Features
County
Miami-Dade County
Section
Area
594
Subdivision
QUANTUM ON THE BAY CONDO N,Quantum on the Bay
Interior
Interior Hall, Lobby, Elevator, Entrance Foyer, Pantry, Volume Ceilings, Studio Apartment
Cooling
Central Air, Electric
Bedrooms
0
Floors
Wood
Full Baths
1
Appliances
Dishwasher, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator
Heating
Central, Electric
Style
One Story
Garage Spaces
1
Construction/Exterior
Concrete Block Construction, Brick, Brick Veneer, Concrete Block With Brick
Patio / Deck Description
Awning(s)
Exterior
East Of Us1, Other
Has a Pool
Possession
Other
Lot Size in Acres
0
Water
Public
Sewer
At Site, Public Sewer, Other, Public Sanitation, Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
1 Space, Awning, Covered, Guest, Parking Garage, Valet
View
Bay, City Lights, Pool, Bay View
Has Garage
Yes
Roof/Attic
Aluminum, Composition Roll
Senior Community
No
Other Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Other Utilities Available, Sewer Connected, Cable Available, Electricity Available, Natural Gas Available, Other, Sewer Available
Property Type
Residential
Pets
Yes
Property SubType 2
Condominium
Tax Year
2025
Year Built
2007
Tax Amount
$4421
APN
NA
Square Feet Source
NA
Map
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