UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,074 sqft
Price per Sqft $1,162
Subdivision Miami Ocean View Co Amd
MLS Listing ID A12052579
Style Fourplex
HOA Y/N No
Year Built 1933
Annual Tax Amount $25,934
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Following an extensive renovation program exceeding $1,300,000, ownership has repositioned the Property into a best-in-class rental asset with virtually every major component upgraded or replaced. The Property consists of 12 residential units, including (6) one-bedroom units, (2) two-bedroom units, and (4) studio apartments, all finished to a standard rarely seen in the South Beach multifamily market. The units are currently leased under 12-month agreements with average rents of approximately $3,100 per month, providing immediate in-place cash flow while preserving future rental upside.
Location
State FL
County Miami-dade
Community Miami Ocean View Co Amd
Area 32
Zoning 3900
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Others
Tax ID 02-42-04-007-0120
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12052579
Nearby Locations
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