USD 1,350,000

7746 Carlyle Ave
Miami Beach, Florida 33141

For Sale

Property Description

Turn-key Investment Opportunity in hot North Beach! If you are looking for a hands off value play, this is it.
This cash flowing corner property is surrounded by parks and positioned three blocks from the beach and just few minutes from the major employment centers in South Florida, including Downtown Miami, South Beach, and Bal Harbour. The city of Miami Beach is investing $100M into the development of North Beach and it is a great time to buy this stable, income-producing asset and ride the wave of growth that is about to take off in this area. This well managed property features all updated units including new kitchens & baths, new roof, and on-site laundry and separate electric meters. 40 year certification completed in 2015! This is truly a hands-off cash cow.

Listed by Urban Resource LLC

Property Details

ID #
A10345608
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33141
Year Built
1951
Building Feature
Air Conditioning
Roof Material
Wood shingle roof
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction
Electric Service
Separate Meters
Floor
Terrazzo Floors, Tile Floors
Heating
Wall/Window Units
Lease Term
Annual Lease
Location
Corner Lot, Corner Unit
Miscellaneous
Laundry Facilities, Rear Access
Occupancy
Tenant Occupied
Parking
Street Parking
Road Frontage
City Road
Roof
Built-Up Roof
Type of Building
Apartments, Residential-Multi-Family
Utilities
Internet
Zoning Information
RM-1

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