Inquire About this Property
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 $10,000 invested in new luxury flooring and baseboards (2025). Additional features include updated kitchen finishes and abundant natural light throughout. Whether you're looking for a high-performing investment, vacation home, or full-time residence, this turnkey property offers an unbeatable South Beach location with exceptional income potential and true short-term rental flexibility.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 2045 Newport N #2045 | 2045 | $119,000 | 2/2 | 860 | 80 | $649 | |
| 4050 Harwood E #4050 | 4050 | $119,900 | 2/1 | 860 | 80 | $617 | |
| 573 E Durham U #573 | 573 | $125,000 | 2/2 | 820 | 76 | $675 | |
| 1025 SE 2nd Ave #406 | 406 | $162,500 | 1/1 | 800 | 74 | $505 | |
| 763 Pennsylvania Ave #130 | 130 | $170,000 | 0/1 | 270 | 25 | $836 | |
| 842 Meridian Ave #3D | 3D | $172,000 | 1/1 | 470 | 44 | $649 | |
| 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 | |
| 934 Michigan Ave #207 | 207 | $180,000 | 0/1 | 532 | 49 | $575 | |
| 0 #8 | 8 | $180,000 | 0/1 | 300 | 28 | $1,114 | |
| 1228 Pennsylvania Ave #3 | 3 | $180,000 | 0/1 | 400 | 37 | $320 | |
| 1228 Pennsylvania Ave #2 | 2 | $180,000 | 0/1 | 400 | 37 | $320 | |
| 1027 Euclid Ave #8 | 8 | $180,000 | 0/1 | 400 | 37 | $604 | |
| 763 Pennsylvania Ave #131 | 131 | $183,000 | 1/1 | 282 | 26 | $871 |
| 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 |
http://www.magiccityrealtors.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Coldwell Banker Realty
2026 | Privacy Policy | Terms of Service | Magic City Realtors | 90 Almeria Av | Coral Gables, Florida 33134 | Direct: 305-570-4898
Magic City Realtors is an independent real estate brokerage servicing the South Florida real estate community
