Miami Beach, FL 33139
$4,600,000
4 more
Presented By: This listing is courtesy of CBRE, Inc.;
Beds • 20
Baths • 20
SQFT • 11,900
Home Details
Offered at a 6.5% Proforma Cap, the property is currently 100% 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 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
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 Description3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 11 & N1/2 LOT 10 BLK 69 LOT SIZE 75.000 X 140 OR 21291-4404 05 2003 1
Listing TermsCash, Conventional
Lot Size Square Feet10500.0
Lot Size UnitsSquareFeet
MLS Area42
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total20
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
Stories3
Structure TypeApartment, MultiFamily
Virtual TourClick here
Year Built1925
Zoning Description3900
Exterior for
Building Area Total11900.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area10500.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Marlene Reyes
Realtor®
