12 Unit Multifamily Property In Miami Beach Miami Beach, FL 33140

Sale

Property type: Multifamily

MULTIFAMILY FOR SALE

12 STUDIOS

Multifamily art-deco gem built by master architect l. Murray dixon, designer of miami beach’s most iconic buildings including, the raleigh, tides and victor hotels. Located in one of miami beach’s most desirable neighborhoods, this architectural beauty is a piece of miami beach history and incredible investment. 12 units comprised of 6 studios, 4 1 bedroom units and 2 1 bed/ 2 bath units. Fully occupied with long term tenants. The building was completely renovated in 2009 and features impact glass, in-unit washer/dryers and a zen-like courtyard. Incredible location walking distance to the beach, lincoln road, the fillmore, miami beach convention center, schools and restaurants. Extremely attractively cap rate above 5%. Rents have recently been increased. Financials attached.

INVESTMENT SUMMARY | 12-Units Multifamily | Miami Beach, Fl

Asking Price:	$2,800,000
Unit(s) Type:	12 Studios
Average Occupancy:	100%
Type of Property:	Residential Income, Quadruplex
County:	Miami-Dade County, FL
Municipality Name:	Miami FL
Stories:	2
Area:	8,301 SF
Year Built:	1,947
Style:	Fourplex
Community:	Flamingo Terr Addn
Construction Materials:	Concrete Block Construction, CBS Constructio

LOCATED IN THE HEART OF THE FLAMINGO PL

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing is courtesy of Eitan Gontovnik • Urban Resource LLC.

12 Unit Multifamily Property In Miami Beach Miami Beach, FL 33140

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MULTIFAMILY FOR SALE

Hernan Golod

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