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$ 3,400,000
Est. payment /mo
New
Address not disclosed Miami Beach, FL 33139
7,196 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,196 sqft
Price per Sqft $472
MLS Listing ID A11822750
HOA Y/N No
Year Built 1962
Lot Size 7,000 Sqft
Property Sub-Type Multi Family
Property Description
Offered at a 5.9% Proforma Cap, the property is currently 93% occupied. 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. The property includes four parking spaces. The unit mix inlcudes 7 studios and 7 1BR/1BA. It has over $120,000 in combined CapEx between the current and previous owner. The exterior was fully painted in 2024 ($27k).
Location
State FL
County Miami-dade
Area 42
Exterior
Total Parking Spaces 4
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 02-42-03-009-4670
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822750
Listed by CBRE, Inc.