USD 2,800,000

2425 Flamingo Pl
Miami Beach, Florida 33140

For Sale

Property Description

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.

Listed by Urban Resource LLC

Property Details

ID #
A10916888
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33140
Year Built
1947
Building Feature
Air Conditioning, Smoke alarms
Ground Feature
Fenced
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction, Concrete Block Construction
Floor
Wood Floors
Location
City Location, Corner Lot
Occupancy
Tenant Occupied
Parking
Street Parking
Road Type
Two Lane
Roof
Concrete Roof
Storm Protection
Clear Impact Glass
Type of Building
Apartments, Residential-Multi-Family
Zoning Information
3900

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