960 Biarritz Dr Miami Beach FL 33141
960 Biarritz Dr, FL, 33141
$3,430,000
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Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Multi Family
- Status: Active
- Bathrooms: 0
- Year built: 1977
- MLS ID: A11482435
Description
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Description:
960 Biarritz Drive is a 14-unit stabilized and fully renovated apartment building in the heart of North Beach. The property is steps from the water and a 5 minute walk to the beach. North Beach is a growing market with a number of attractive retailers, restaurants, and new developments. All 14-units have tile flooring, full kitchens, and impact windows/doors. The property is being offered at a 6.13% existing cap rate and is fully leased with below market rents. The purchaser can likely increase rents. All leases have 60 day termination clauses.
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Property details
- Total Building Area: 6574
- Lot Size Square Feet: 6250
- Parcel Number: 02-32-10-013-0760
- Lot Size Area: 6250
- Structure Type: Multi Family
Property Features
- Covered Spaces: 0
Location Details
- County Or Parish: Miami-Dade County
- Zoning Description: 3900
Fees & Taxes
- Tax Annual Amount: 31118
- Tax Legal Description: OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 7 BLK 6 LOT SIZE 50.000 X 125 OR 19401-0108 1200 2 (2)
Miscellaneous
- Public Survey Section: 10
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11482435
Ask our real estate expert about this property
This Multi Family-type commercial real estate is located in 960 Biarritz Dr, FL, 33141 was built in 1977, and is listed at $3,430,000.