Commercial Real Estate

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Floors: 2
  • Lot size: 7000, 7000 sq ft
  • Year built: 1951
  • County: Miami-Dade
  • MLS ID: A11823209

Description

  • Description:

    OCEAN BEACH ADDN NO 3 PB 2-81 LOT 5 BLK 42 LOT SIZE 50.000 X 140 OR 15837-0716 0393 4 Offered at a 5.5% 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. All units in the property are 1BR/1BA. It has over $480,000 in combined CapEx between the current and previous owner. The exterior was last painted in 2023. The property features community laundry. There are also four fully-renovated units in the community.

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Building Details

  • Structure Type: Apartment,MultiFamily
  • Covered Spaces: 0
  • Levels: Two
  • Number Of Buildings: 1

Miscellaneous

  • List Office Name: CBRE, Inc.
  • Listing Terms: Cash,Conventional

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This -type commercial real estate is located in FL, Miami Beach was built in 1951, and is listed at $3,660,000.

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