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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
N/A
MULTIFAMILY MOSTLY REMODELLED 16 BIG STUDIOS AVG RENT 2,000 $/MONTH PER UNIT The KEYES CO. is pleased to offer for sale HARBOR LUXURY Apts a 16-unit building on 11th street & Euclid av. in the heart of Miami Beach Art Deco`District. Bldg has been recently renovated. 16 big studios of apx 450 sf each 12 modernly renovated. Each unit has impact windows tile floors updated appliances renovated bathrooms individual wall a/c. 1 unit is fully furnished The bldg is smack in Miami Beach tourist and night life area walking dist from Ocean and Lincoln. Present CAP is at 5+% with 85% LT occupancy Numbers will improve as the remaining units are rented and will bring Cap rate around 8+% Excellent investment for long term rentals or TOURIST receptivity.
Features & Amenities
Interior
Area & Lot
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$4,800,000
-
Tax Amount
46785.0
-
Zoning
3900
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Fabrizio Passatore , The Keyes Company
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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