Active

Miami Beach,FL 33139

$ 3950000

- Bed

14 Baths

8502 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 8,502 sqft

Price per Sqft $464

Subdivision Ocean Beach Addn No 3 Pb 2-81

MLS Listing ID RX-11010421

Construction Status Resale

Year Built 1936

Annual Tax Amount $52,532

Tax Year 2023

Lot Size 8,276 Sqft

Property Description

EXCELLENT OPPORTUNITY FOR SALE 14 UNITS OF MULTIFAMILY PROPERTY IN SOUTH BEACH, FL. IT HAS HIGH DEMAND LOCATION AND GREAT INCOME OPPORTUNITY IN THE HEART OF MIAMI BEACH. THE PROPERTY IS ONLY 3 BLOCKS TO WORLD FAMOUS OCEAN DRIVE AND BEACH. IT HAS HISTORICALLY HIGH OCCUPANCY AND IS CONSISTENTLY FULLY OCCUPIED. A TOTAL OF 14 UNITS ALL RENOVATED (SOME PARTIALLY), IT INCLUDES SEPERATE ELECTRIC AND GAS METERS. MINUTES FROM SHOPPING, DINING, AND ENTERTAINMENT, THIS PROPERTY OFFERS A COMPELLING INCOME OPPORTUNITY IN A SOUGHT-AFTER LOCATION.

Location

State FL

Zoning RM-1

Interior

Heating No Heat

Cooling Other

Flooring Other

Fireplaces Type Smoke Detector

Exterior

Community Features City Jurisdiction,Corporate Owned,Presently Leased

Utilities Available Electric,Gas Natural,Public Sewer,Public Water

Roof Type Other

Present Use City Jurisdiction,Corporate Owned,Presently Leased

Building

Story 100.00

Foundation Block,Concrete

Construction Status Resale

Others

Miscellaneous Interior Corridors

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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