new

Miami Beach,FL 33139

$ 4600000

- Bed

0 Bath

11900 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,900 sqft

Price per Sqft $386

MLS Listing ID A11823186

HOA Y/N No

Year Built 1925

Lot Size 10,500 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Miami-dade

Area 42

Exterior

Private Pool Yes

Building

Story 3

Others

Tax ID 02-42-03-009-4310

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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