Miami Beach, FL 33139,Address not disclosed
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Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
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$ 2,730,000
Est. payment /mo
New

Address not disclosed Miami Beach, FL 33139

7,700 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $354

MLS Listing ID A11822968

HOA Y/N No

Year Built 1947

Lot Size 7,000 Sqft

Property Sub-Type Multi Family

Property Description

Offered at a 6.4% Proforma Cap, the property is currently 92% occupied. 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. The property has 8 studios and 4 1BR units. It has over $300,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. The property also features common area laundry.

Location

State FL

County Miami-dade

Area 42

Exterior

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-42-03-009-4350

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822968


Listed by CBRE, Inc.
agent

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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Address not disclosed