Miami Beach, FL 33139
$2,800,000
15 more
Presented By: This listing is courtesy of CBRE, Inc.;
Beds • 12
Baths • 12
SQFT • 7,200
Home Details
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).
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 Description3-54-42 LENOX MANOR RE-SUB PB 7-15 E50FT OF LOTS 6 & 7 BLK 122 LOT SIZE 50.000 X 137 OR 19782-0059 0701 1 COC 22279-1087 04 2004 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet6850.0
Lot Size UnitsSquareFeet
MLS Area42
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total12
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 Built1961
Zoning Description6400
Exterior for
Building Area Total7200.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area6850.0
Number of Buildings1
Private PoolNo
SpaNo
Total Parking5.0
Waterfront Y/NNo
Additional Details
Price History
Nicole King
Realtor®
