Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 7000, 7000 sq ft
- Year built: 1941
- County: Miami-Dade
- MLS ID: A11823195
Description
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Description:
OCEAN BEACH ADD NO 3 PB 2-81 LOT 12 BLK 62 LOT SIZE 50.000 X 140 OR 15918-0618 16063-4417 0593 1 Offered at a 6.6% Proforma Cap, the property is currently 88% occupied (1 vacancies). 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 Studios . It has over $510,000 in combined CapEx between the current and previous owner. The property features community laundry. There are three fully renovated units. Also, building interiors and exteriors were last painted in 2022.
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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
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Miami Beach was built in 1941, and is listed at $3,220,000.