Miami Beach, FL 33139

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Presented By: This listing is courtesy of CBRE, Inc.;
  • MLS# A11822968
  • 06/16/2025
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  • Beds • 12
  • Baths • 12
  • SQFT • 7,700

Home Details

Offered at a 6.4% Proforma Cap, the property is currently 92% 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 has 8 studios and 4 1BR units. It has over $300,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. The property also features common area laundry.
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
Electric On Property Y/NNo
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 2 BLK 70 LOT SIZE 50.000 X 140 OR 19229-3702 0800 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7000.0
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
Stories2
Structure TypeApartment, MultiFamily
Virtual TourClick here
Year Built1947
Zoning Description3900

Exterior for

Building Area Total7700.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area7000.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Waterfront Y/NNo

Additional Details

Price History

Amelia Agudelo

Realtor®
Price $2,730,000
MLS#A11822968
List Date 06/16/2025
Property Type Commercial
Phone 305.308.8025
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Request Info
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