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Commercial Real Estate

Commercial SaleMulti FamilyMiami BeachMichigan Ave, Miami Beach,

Basics

Description

  • Description:

    Miami Capstone Realty is pleased to present the exclusive opportunity to acquire to 733 Michigan Avenue , a multi- family building comprised of two 3BD/1.5BA units (one of which is fully furnished) and eight newly renovated and fully furnished 2BD/1BA units on a double lot ideally located in the heart of Miami Beach, FL. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals making it a unique opportunity for 6-month to 12-month+ rentals alike.

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Property details

  • Total Building Area: 6802
  • Lease Term: 12 Months
  • Lot Size Square Feet: 14000
  • Parcel Number: 02-42-03-009-6540
  • Lot Size Dimensions: 100
  • Road Frontage Type: City Street
  • Lot Size Area: 14000
  • Structure Type: Apartment

Property Features

  • Exterior Features: Security/High Impact Doors
  • Window Features: Impact Glass
  • Parking Features: Common,Free Parking,On Street
  • Security Features: Security System,Fenced,Security Gate,Smoke Detector(s),Security Lights
  • Construction Materials: Block
  • Cooling: Other
  • Covered Spaces: 0
  • Flooring: Tile
  • Heating: None
  • Heating Y/N: 0
  • Sewer: Public Sewer
  • Waterfront Y/N: 0
  • Water Source: Public
  • Stories: 1

Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 3900

Fees & Taxes

  • Tax Annual Amount: 36093
  • Tax Legal Description: OCEAN BEACH ADD NO 3 PB 2-81 LOTS 12 & 13 BLK 86 LOT SIZE 100. X 140 OR 21313-0141 05/2003 1

Miscellaneous

  • Syndication Remarks: 10 unit apartment building (2 3bedroom units and 8 2bedroom units) renovated and furnished to achieve premium rents.
  • Tenant Pays: Electricity,Gas

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This -type commercial real estate is located in Michigan Ave, Miami Beach, was built in 1938, and is listed at $5,250,000.

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