Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 7000, 7000 sq ft
- Year built: 1962
- County: Miami-Dade
- MLS ID: A11822750
Description
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Description:
OCEAN BEACH ADDN NO 3 PB 2-81 LOT 7 BLK 72 LOT SIZE 50.000 X 140 Offered at a 5.9% Proforma Cap, the property is currently 93% 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 four parking spaces. The unit mix inlcudes 7 studios and 7 1BR/1BA. It has over $120,000 in combined CapEx between the current and previous owner. The exterior was fully painted in 2024 ($27k).
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Building Details
- Structure Type: Apartment,MultiFamily
- Covered Spaces: 0
- Levels: Two
- Number Of Buildings: 1
Amenities & Features
- Parking Total: 4
Miscellaneous
- List Office Name: CBRE, Inc.
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Miami Beach was built in 1962, and is listed at $3,400,000.