Why we bought this
The rarely available 3-bed corner line at $1.0M ($676/sq ft) - oceanfront living with monthly-rental flexibility the strictest buildings cannot offer.
The investment appeal here is optionality: live in it when you want, legally rent it monthly when you do not. Tatyana Dyachenko closed this three-bedroom, two-bath oceanfront corner residence at $1,000,000 in September 2025 - approximately $676 per square foot across 1,480 square feet. The corner line delivers ocean views from every principal room, but the durable value is in the building's rental framework: reportedly up to twelve rentals per year at roughly thirty-day minimums, a flexibility most comparable oceanfront buildings prohibit. For an owner, that means seasonal personal use plus the legal ability to offset carrying costs in the months the residence sits empty - and, at resale, a buyer pool that includes both end users and investors. Any income scenario depends on season, furnishing, HOA rules, and management, and is illustrative rather than guaranteed.
What made this one work
- $1,000,000 closing price (September 2025)
- 3 bed / 2 bath corner, 1,480 sq ft
- ~$676 per sq ft
- Monthly rental flexibility per building rules
- Closed by Tatyana Dyachenko
What you're buying
Inside the property
The math behind the deal
- Price / SF
- $676
See the cap rate, rent roll, comps & exits
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What the numbers mean
Rental rules are an invisible line item in condo value. A building permitting monthly rentals gives the owner a second use for the same asset and a wider exit market - flexibility that stricter buildings simply do not sell at any price.
From the agent
Tatyana Dyachenko managed the transaction through closing, including verification of the building's rental framework for the client.
The bottom line
The corner sold the views. The rental rules sold the numbers.
Want oceanfront that can also work for you? Ask SunSt to screen buildings by rental rules before you tour.
Common questions
What did unit 312 close for?+
$1,000,000 in September 2025, approximately $676 per square foot for 1,480 square feet, closed by SunSt's Tatyana Dyachenko.
Can the unit be rented?+
The building reportedly permits up to twelve rentals per year at roughly thirty-day minimums; buyers should verify current rules in the condominium documents before relying on them.
Is rental income guaranteed?+
No. Any income depends on season, furnishing, management, vacancy, HOA fees, taxes, and building restrictions. All scenarios are illustrative only.