new

Miami Beach,FL 33139

$ 2950000

- Bed

0 Bath

7920 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,920 sqft

Price per Sqft $372

MLS Listing ID A11822861

Year Built 1946

Lot Size 7,000 Sqft

Property Sub-Type Multi Family

Property Description

Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). 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. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.

Location

State FL

County Miami-dade

Area 42

Building

Story 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822861

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