South Florida Real Estate

Fourplex

1150 8th St

Miami Beach , FL 33139

MLS#: A11652726

$2,820,000

Status: Active
Listing number: A11652726
Listing provided by: Alexandria Realty Group LLC
Listing agent phone: None
Last update: 3 months ago
On site: 1 year, 7 days ago
Browse Properties
OCEAN BEACH ADDN NO 3 - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

5,426

Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,100, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Block

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $2,820,000

  • Tax Amount

    37946.0

  • Zoning

    6400

  • Sq. Footage

    5, 426

  • Price/SqFt

    $519

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Yahia Aly , Alexandria Realty Group LLC

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Agent JarrodGaylis

Realtor

JarrodGaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,100, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!

1150 8th St

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