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$2,475,000
Est. payment /mo
5,850 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,850 sqft
Price per Sqft $423
MLS Listing ID A11822746
HOA Y/N No
Year Built 1936
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
Offered at a 6.2% Proforma Cap, the property is currently 100% 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 includes two parking spaces, it features a community laundry and it has 4 units that are considered suites with no kitchens, just refrigerators. The unit mix includes 10 studios, 2 1BR/1BA and 1 2BR/2BA. It has over $140,000 in combined CapEx between the current and previous owner.
Location
State FL
County Miami-dade
Area 42
Exterior
Total Parking Spaces 2
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 02-42-03-009-7560
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822746
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Listed by CBRE, Inc.