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
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
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$ 2,950,000
Est. payment | /mo

7,920 SqFt


$ 2,950,000
Est. payment | /mo

7,920 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,920 sqft

Price per Sqft $372

MLS Listing ID A11822861

HOA Y/N No

Year Built 1946

Lot Size 7,000 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. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.

Location

State FL

County Miami-dade

Area 42

Exterior

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-42-03-009-6520

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822861

Listed by CBRE, Inc.

GET MORE INFORMATION

agent

Alessandra Olivieri

Agent | License ID: 362903

+1(323) 428-3587

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Address not disclosed