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Address Not Available By Request

Miami Beach, FL 33139
  • $3,950,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: RX-11010421
UPDATED: 49 min ago
$3,950,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,502
    SQFT
  • $465
    $/SQFT
Type:
Commercial
Built:
1936
Area:

School Ratings & Info

Description

EXCELLENT OPPORTUNITY FOR SALE 14 UNITS OF MULTIFAMILY PROPERTY IN SOUTH BEACH, FL. IT HAS HIGH DEMAND LOCATION AND GREAT INCOME OPPORTUNITY IN THE HEART OF MIAMI BEACH. THE PROPERTY IS ONLY 3 BLOCKS TO WORLD FAMOUS OCEAN DRIVE AND BEACH. IT HAS HISTORICALLY HIGH OCCUPANCY AND IS CONSISTENTLY FULLY OCCUPIED. A TOTAL OF 14 UNITS ALL RENOVATED (SOME PARTIALLY), IT INCLUDES SEPERATE ELECTRIC AND GAS METERS. MINUTES FROM SHOPPING, DINING, AND ENTERTAINMENT, THIS PROPERTY OFFERS A COMPELLING INCOME OPPORTUNITY IN A SOUGHT-AFTER LOCATION.

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www.keriannworley.com/homes/153400685
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Address Not Available By Request Miami Beach, FL 33139

  • Price: $3,950,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 49 min ago
  • ID#: RX-11010421
0
Beds
0
Baths
0
½ Baths
0.19
Acres
8,502
SQFT
$465
$/SQFT
1936
Built
Neighborhood:
Ocean Beach Addn No 3 Pb 2-81
Area:
Miami Beach
Property Description
EXCELLENT OPPORTUNITY FOR SALE 14 UNITS OF MULTIFAMILY PROPERTY IN SOUTH BEACH, FL. IT HAS HIGH DEMAND LOCATION AND GREAT INCOME OPPORTUNITY IN THE HEART OF MIAMI BEACH. THE PROPERTY IS ONLY 3 BLOCKS TO WORLD FAMOUS OCEAN DRIVE AND BEACH. IT HAS HISTORICALLY HIGH OCCUPANCY AND IS CONSISTENTLY FULLY OCCUPIED. A TOTAL OF 14 UNITS ALL RENOVATED (SOME PARTIALLY), IT INCLUDES SEPERATE ELECTRIC AND GAS METERS. MINUTES FROM SHOPPING, DINING, AND ENTERTAINMENT, THIS PROPERTY OFFERS A COMPELLING INCOME OPPORTUNITY IN A SOUGHT-AFTER LOCATION.
Exterior Features

Construction BlockConcrete Roof Other Waterfront YN No

Interior Features

Bath Toilets 14.00 Cooling Other Flooring Other Heating No Heat Miscellaneous1 Interior Corridors Percent Air Conditioned 100.00 Unit1 Unit Desc Efficiency Unit2 Unit Desc 1 Bedroom Unit3 Unit Desc 2 Bedroom

Property Features

Auction No Available Docs Aerial Available Info Copies of LeasePhotos Built Desc Resale Fire Protection Smoke Detector For Lease No For Sale Yes Lease AnnualMonth to MonthSubject to Lease List Office Board Code Realtor Association of the Palm Beaches (RAPB) Location Beach AreaCity Monetary Info Source Of Expenses Owner Possession Subject to Lease Sale Includes Building and Land Special Info City JurisdictionCorporate OwnedPresently Leased Tax Amount Real Estate Taxes 52532.80 Tax Year 2023 Tenant Pays ElectricGas Terms Considered Cash Type Of Building CommercialResident. Multi-Fam. Unit1 Units 4 Unit2 Units 8 Unit3 Units 2 Use IncomeOther Utilities ElectricGas NaturalPublic SewerPublic Water Zoning RM-1

Listing provided courtesy of The Keyes Company: 561-866-9616. Listing information © 2024 BeachesMLS
 
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Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432