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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1954
Sq.Footage
7,209
OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.
Features & Amenities
Interior
Area & Lot
-
Property Type
Residential Income
-
Architectural Style
Fourplex
Exterior
-
Garage
No
-
Construction Materials
Block
Financial
-
Sales Price
$3,300,000
-
Tax Amount
39002.0
-
Zoning
3900
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Uriel Chemerinski , Beachfront Realty Inc
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.

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