20
See all 20 photos
$2,800,000
Est. payment /mo
7,200 SqFt
Active
Address not disclosed Miami Beach, FL 33139
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $388
MLS Listing ID A11822906
HOA Y/N No
Year Built 1961
Lot Size 6,850 Sqft
Property Sub-Type Multi Family
Property Description
Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 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 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. The property includes community laundry and features 5 parking spaces. The exterior was fully painted in 2023 ($31k) and the roof was replaced in 2024 ($87k).
Location
State FL
County Miami-dade
Area 42
Exterior
Total Parking Spaces 5
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 02-42-03-014-0400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822906
Listed by CBRE, Inc.
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