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$ 2,950,000
Est. payment /mo
Pending
Address not disclosed Miami Beach, FL 33139
7,920 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,920 sqft
Price per Sqft $372
MLS Listing ID A11822861
HOA Y/N No
Year Built 1946
Contingent No Contingencies
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
Exterior
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 02-42-03-009-6520
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822861
Listed by CBRE, Inc.