Active

Private Address

$3,950,000


Active

Commercial

Built in 1936

EXCELLENT OPPORTUNITY FOR SALE 14 UNITS OF MULTIFAMILY PROPERTY IN SOUTH BEACH, FL. IT HAS HIGH DEMAND LOCATION AND GREAT INCOME OPPORTUNITY IN THE HEART OF MIAMI BEACH. THE PROPERTY IS ONLY 3 BLOCKS TO WORLD FAMOUS OCEAN DRIVE AND BEACH. IT HAS HISTORICALLY HIGH OCCUPANCY AND IS CONSISTENTLY FULLY OCCUPIED. A TOTAL OF 14 UNITS ALL RENOVATED (SOME PARTIALLY), IT INCLUDES SEPERATE ELECTRIC AND GAS METERS. MINUTES FROM SHOPPING, DINING, AND ENTERTAINMENT, THIS PROPERTY OFFERS A COMPELLING INCOME OPPORTUNITY IN A SOUGHT-AFTER LOCATION.

R11010421

MLS ID

August 7, 2024

Listed

September 13, 2024

Updated

Map

Private Address

Interior Features

Total Stories

2


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

Beach Front, City Lot


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

42


Taxes

$52,533


Tax Frequency

Annually


Days on Market

37


Garage

No


View

No


County

Miami-Dade


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/12/2024

Price change

$3,950,000

229%

Listed by: The Keyes Company
Listing Contact: (561) 866-9616 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 2:55 PM UTC, 9/13/2024

 

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