Miami Beach, FL 33139
$3,660,000
1 more
Presented By: This listing is courtesy of CBRE, Inc.;
Beds • 12
Baths • 12
SQFT • 6,900
Home Details
Offered at a 5.5% 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. All units in the property are 1BR/1BA. It has over $480,000 in combined CapEx between the current and previous owner. The exterior was last painted in 2023. The property features community laundry. There are also four fully-renovated units in the community.
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 5 BLK 42 LOT SIZE 50.000 X 140 OR 15837-0716 0393 4
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 Built1951
Zoning Description3900
Exterior for
Building Area Total6900.0
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
Hector Marcos Romero Minching
Realtor®
