Skip to main content

Commercial Real Estate

Commercial SaleMulti FamilyMiami BeachMeridian Ave, Miami Beach,

Basics

Description

  • Description:

    SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.

    Show all description

Property details

  • Total Building Area: 23234
  • Number of Buildings: 1
  • Lease Term: 12 Months
  • Lot Size Square Feet: 18750
  • Parcel Number: 02-32-34-007-0320
  • Possession: Closing & Funding,Negotiable
  • Lot Size Dimensions: 125
  • Road Frontage Type: City Street
  • Lot Size Area: 18750
  • Structure Type: Apartment,Multi Family

Property Features

  • Parking Features: On Street
  • Security Features: Smoke Detector(s)
  • Construction Materials: Block
  • Cooling: Wall/Window Unit(s)
  • Cooling Y/N: 1
  • Covered Spaces: 0
  • Flooring: Laminate
  • Sewer: Public Sewer
  • Roof: Built-Up
  • Waterfront Y/N: 0
  • Water Source: Public
  • Stories: 2

Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 4000

Fees & Taxes

  • Tax Annual Amount: 107711
  • Tax Year: 2023
  • Tax Legal Description: 34 53 42 GOLF COURSE SUB AMD PL PB 6-26 LOT 10 & N12.5FT LOT 9 & N1/2 OF LOT 8 & S37.5FT LOT 9 BLK 21 LOT SIZE 125.000 X 150 OR 17926-4846-8

Miscellaneous

  • Public Survey Township: 2
  • Public Survey Section: 34
  • Syndication Remarks: Income-producing, 31-unit apt building in a corner location near Lincoln Road, across from the Convention Center. Cash-flowing with high occupancy.
  • Tenant Pays: Electricity,Gas
  • Year Built Details: Resale

Ask our real estate expert about this property

Phone
By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy

This -type commercial real estate is located in Meridian Ave, Miami Beach, was built in 1954, and is listed at $12,990,000.

Share this property

Copy

Or share with

Reset password

Enter your email address and we will send you a link to change your password.