USD 3,750,000

Miami Beach, Florida 33141

For Sale

Property Description

HUGE OPPORTUNITY Priced to Sell-1 block from Beach, TURNKEY Multi-Family Apartment allowed for Short-term(Airbnb), daily, monthly/yearly rentals. Can be a Hotel with all licenses.2 building, main building with welcome lobby, office,storage,laundry facility.2nd building is 1 Bed/1Bath Villa. Low Real Estate Tax. Easy Transfer.Art Deco building, RENOVATED, 40-year Building re-certification until 2029. New Plumbing,Electrical systems, new AC,Security cameras, impact windows and doors. Gated Private tropical garden. Prime location in North Beach Development,2min walk to Beach,Supermarket,shops,restaurants. Big opportunity for investor, Below market value. New owner can add 2 more floors, Property size provide a safer environment.No staff needed (virtual management) Low maintenance.14% CAP Rate

Listed by Charles Rutenberg Realty Orlan

Property Details

ID #
A10937875
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33141
Year Built
1939
Parking Spaces
2
Ground Feature
Fenced
Roof Material
Tile roof
Water Source
City/mains water
Ceiling
Ceiling Height Varies
Construction
Concrete Block Construction
Electric Service
220 Volts Power
Floor
Marble/Slate Floors, Tile Floors
Green Energy
Appliances, Doors, Lighting
Location
Beach Access, City Location
Occupancy
Call Listing Agent
Road Frontage
City Road, County Road
Road Type
Three Lane
Roof
Concrete Roof
Security
Motion Detector
Storm Protection
Complete Impact Glass, High Impact Door
Type of Building
Commercial/Residential Income, Residential-Multi-Family
Utilities
Internet
Zoning Information
3900
Building Feature
Air Conditioning, Lobby, Security system, Smoke alarms
Miscellaneous
Barbeque, City Licenses, Exterior Lighting, Kitchen Facilities, Landscaped, Laundry Facilities, Private Restrooms, Reception Area, Separate Office Area, State Licenses, Storage

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