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$4,600,000
Est. payment /mo
11,900 SqFt
UPDATED:
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
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11823186
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Listed by CBRE, Inc.