16 Unit Multifamily in Indian Creek Miami Beach, FL 33141

Off Market

Property type: Multifamily

MULTIFAMILY FOR SALE

A GREAT OPPORTUNITY TO ACQUIRE INDIAN CREEK APARTMENTS “THE PROPERTY”

16-unit multi-family building located at 6901 indian creek drive in the highly sought after city of miami beach. The property’s unit mix consists of eight studios and eight one-bedroom / one-bath apartment units. The building has been partially renovated and almost all units have been updated with new kitchen cabinets, new flooring, new bathrooms, and new air conditioning units. The property was built in 1951 and sits on a 0.19 acre lot.

Indian Creek Apartments:
Are located within the new “Town Center District” in Miami Beach, which is a 10-block region bordered by Indian Creek Drive, Dickens Avenue, 72nd Street, Collins Avenue and 69th Street1. This region allows homeowners and developers to nearly double the density currently listed in the zoning code. This is an effort by the City of Miami Beach and its residents to generate future economic development and revitalization of the North Beach area. There are several proposed projects in the pipeline in the North Miami Beach area, including the Terra Groups Eighty-Seven Park, as well as the Ocean Terrace property that is in the planning stages2.

INVESTMENT SUMMARY | 16-Units Multifamily | Indian Creek, Miami, Fl

Asking Price:	$3,400,000
Unit(s) Type:	16 units with 8 1/1 and 8 studios
Average Occupancy:	100%
Type of Property:	Fourplex
County:	Miami Beach, FL 33141
Subdivision Name:	Atlantic Heights
Stories:	2.0
Approximate Lot Size:	0.19AC
Year Built:	1,951
Style:	I04-Fourplex
Construction Type:	Concrete Block Construction
Building Size:	8,816 SF

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 Julio Hernandez • Select International Realty, LLC.

16 Unit Multifamily in Indian Creek Miami Beach, FL 33141

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MULTIFAMILY FOR SALE

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