Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
$2,475,000
Est. payment /mo
5,850 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,850 sqft

Price per Sqft $358

MLS Listing ID A11822746

Sold Date 11/14/25

HOA Y/N No

Year Built 1936

Contingent No Contingencies

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property Description

Offered at a 6.2% 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 includes two parking spaces, it features a community laundry and it has 4 units that are considered suites with no kitchens, just refrigerators. The unit mix includes 10 studios, 2 1BR/1BA and 1 2BR/2BA. It has over $140,000 in combined CapEx between the current and previous owner.

Location

State FL

County Miami-dade

Area 42

Exterior

Total Parking Spaces 2

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-42-03-009-7560

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by CBRE, Inc.
Bought with Miami Waterfront Realty
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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