FL > Miami Beach
Miami Beach, FL 33139,Address not disclosed
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Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 3,220,000
Est. payment /mo
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Active

Address not disclosed Miami Beach, FL 33139

7,160 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,160 sqft

Price per Sqft $449

MLS Listing ID A11823195

HOA Y/N No

Year Built 1941

Lot Size 7,000 Sqft

Property Sub-Type Multi Family

Property Description

Offered at a 6.6% Proforma Cap, the property is currently 88% occupied (1 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are Studios . It has over $510,000 in combined CapEx between the current and previous owner. The property features community laundry. There are three fully renovated units. Also, building interiors and exteriors were last painted in 2022.

Location

State FL

County Miami-dade

Area 42

Exterior

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-42-03-009-3830

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11823195

Miami Association of Realtors (SEFMIAMI MLS)
Listed by CBRE, Inc.
agent

Alex Mendel

Agent

+1(561) 827-8449

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