Price History

$1,200,000
8/6/2024

$3,950,000
9/12/2024


1936

8,502 sqft

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.


Status:

Active

Type:

Commercial

Units:

14

Zoning:

RM-1

Complex:

OCEAN BEACH ADDN NO 3 PB 2-81

Building Type:

Commercial,Resident. Multi-Fam.

Heating:

No Heat

Cooling:

Other

Levels:

2

Acreage:

0.19

Est. Taxes:

$52,533

Current Use

Income,Other

Construction

Block,Concrete

Utilities

Electric,Gas Natural,Public Sewer,Public Water

Lease Term Type:

Annual,Month to Month,Subject to Lease

Owner Pays:

Electric,Gas

MLS #:

RX-11010421


Community Info

School Info


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