Miami Beach, FL 33139

1936

YEAR BUILT

$3,950,000

LISTING PRICE

MultiFamily (5+ Units)

TYPE

MLS#: RX-11010421

Type of Building: Commercial and Resident. Multi-Fam.


For More Information Call:

561-283-4663

EXCELLENT OPPORTUNITY FOR SALE 14 UNITS OF MULTIFAMILY PROPERTY IN SOUTH BEACH, FL. IT HAS HIGH DEMAND LOCATION AND GREAT INCOME OPPORTUNITY IN THE HEART OF MIAMI BEACH. THE PROPERTY IS ONLY 3 BLOCKS TO WORLD FAMOUS OCEAN DRIVE AND BEACH. IT HAS HISTORICALLY HIGH OCCUPANCY AND IS CONSISTENTLY FULLY OCCUPIED. A TOTAL OF 14 UNITS ALL RENOVATED (SOME PARTIALLY), IT INCLUDES SEPERATE ELECTRIC AND GAS METERS. MINUTES FROM SHOPPING, DINING, AND ENTERTAINMENT, THIS PROPERTY OFFERS A COMPELLING INCOME OPPORTUNITY IN A SOUGHT-AFTER LOCATION.


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  • Acres0.19 acres
  • Available DocumentsAerial
  • Available InformationCopies of Lease and Photos
  • Built DescriptionResale
  • CityMiami Beach
  • ConstructionBlock and Concrete
  • CoolingOther
  • DirectionsI-95 TO I-395 TO MIAMI BEACH, I-395 MERGES ONTO 5TH ST, LEFT (NORTH) TO 9TH ST, RIGHT (EAST) TO PENNSYLVANIA AVE. PROPERTY IS ON THE NW CORNER OF PENNSYLVANIA AND 9TH.
  • Fire ProtectionSmoke Detector
  • FlooringOther
  • For LeaseNo
  • For SaleYes
  • HeatingNo Heat
  • LeaseAnnual, Month to Month and Subject to Lease
  • Legal DescriptionOCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 44 LOT SIZE 50.000 X 140 OR 16614-1596 1194 5 COC 21756-0420 09 2003 1
  • List Price$3,950,000
  • List Price/SqFt$464.60 / sqft
  • Listing DateWednesday, August 7th, 2024
  • Listing IDRX-11010421
  • Listing Price$3,950,000
  • Listing StatusActive
  • LocationBeach Area and City
  • Miscellaneous 1Interior Corridors
  • Monetary Info: Source of ExpensesOwner
  • Multiple Offers AcceptedYes
  • Number of Stories2
  • Number of Toilets14
  • Percent Air Conditioned100%
  • PossessionSubject to Lease
  • Property Description14 UNITS SOUTH BEACH
  • Property TypeCommercial
  • Real Estate Taxes$52,532.80
  • RoofOther
  • Sale IncludesBuilding and Land
  • Special InformationCity Jurisdiction, Corporate Owned and Presently Leased
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateWednesday, August 7th, 2024
  • SubdivisionOcean Beach Addn No 3 Pb 2-81
  • Tax Year2023
  • Tenant PaysElectric and Gas
  • Terms ConsideredCash
  • Total Building SqFt8,502 sqft
  • Total Units in Building14
  • TypeMultiFamily (5+ Units)
  • Type of BuildingCommercial and Resident. Multi-Fam.
  • Unit 1: Number of Units4
  • Unit 1: Unit DescriptionEfficiency
  • Unit 2: Number of Units8
  • Unit 2: Unit Description1 Bedroom
  • Unit 3: Number of Units2
  • Unit 3: Unit Description2 Bedroom
  • UtilitiesElectric, Gas Natural, Public Sewer and Public Water
  • Virtual TourYes
  • WaterfrontNo
  • Year Built1936
  • Zip Code33139
  • ZoningRM-1

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