Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
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Tue
28
Oct
Wed
29
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30
Oct
$2,800,000
Est. payment /mo
7,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $388

MLS Listing ID A11822906

HOA Y/N No

Year Built 1961

Lot Size 6,850 Sqft

Property Sub-Type Multi Family

Property Description

Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). 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 $450,000 in combined CapEx between the current and previous owner. The property includes community laundry and features 5 parking spaces. The exterior was fully painted in 2023 ($31k) and the roof was replaced in 2024 ($87k).

Location

State FL

County Miami-dade

Area 42

Exterior

Total Parking Spaces 5

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-42-03-014-0400

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822906


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by CBRE, Inc.
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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