Quick Info
| MLS #: A11184974 | Date added: 04/24/22 | Post Updated: 2022-04-24 22:49:56 | Type: Quadruplex |
| Status: Active | Floors: 2 | Area: 7209 sq ft | Lot size: 7209 sq ft |
| Year built: 1954 |
Description
OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.
View on map / Neighborhood
Location Details
- CountyOrParish: Miami-Dade County
- MLSAreaMajor: Ocean Beach Addn No 3
- Zoning: 3900
Property Details
- ParcelNumber: 02-42-03-009-0850
- SubdivisionName: OCEAN BEACH ADDN NO 3
- NewConstructionYN: false
- ConstructionMaterials: CBS Construction
- LivingArea: 7209
- StructureType: Quadruplex, Fourplex
- Stories: 2
- HabitableResidenceYN: false
- RentIncludes: Gardener, Sewer, Trash Collection, Water
Property Features
- LotFeatures: Less Than 1/4 Acre Lot
- InteriorFeatures: Stairs
- ArchitecturalStyle: Detached
- Roof: Concrete
- Flooring: Ceramic Floor, Vinyl
- CoolingYN: true
- Cooling: Electric
- HeatingYN: true
- Heating: Electric
- PoolPrivateYN: false
- WaterfrontYN: false
- ViewYN: false
- Sewer: Public Sewer
- HorseYN: false
Fees&Taxes
- TaxAnnualAmount: $ 39,002.00
- TaxYear: 2021
- TaxLegalDescription: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 15 BLK 40 LOT SIZE 50.000 X 140 OR 13068-0891 1086 1
- AssociationYN: false
Miscellaneous
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11184974
- Possession: Funding
- ShowingInstructions: Appointment Only,Call Listing Agent
Courtesy of
- Office Name: Beachfront Realty Inc
- Office ID: ROBR01
This Quadruplex style property is located in Euclid Avenue is currently Residential Income and has been listed on Anadelaida. This property is listed at $ 3,300,000.00. It has bedrooms, bathrooms, and is 7209 sq ft. The property was built in 1954 year.