Miami Beach, FL 33139

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Presented By: This listing is courtesy of CBRE, Inc.;
  • MLS# A11822750
  • 06/16/2025
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  • Beds • 14
  • Baths • 14
  • SQFT • 7,196

Home Details

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).
Presented By: This listing is courtesy of CBRE, Inc.;

Interior Features for

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami Beach
CountyMiami-Dade
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionOCEAN BEACH ADDN NO 3 PB 2-81 LOT 7 BLK 72 LOT SIZE 50.000 X 140
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7000.0
Lot Size UnitsSquareFeet
MLS Area42
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total14
Occupancy TypeTenant
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count2
Structure TypeApartment, MultiFamily
Virtual TourClick here
Year Built1962
Zoning Description3900

Exterior for

Building Area Total7196.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area7000.0
Number of Buildings1
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo

Additional Details

Price History

Waldecksohn Luma

Realtor®
Price $3,400,000
MLS#A11822750
List Date 06/16/2025
Property Type Commercial
Phone 754.304.3005
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