USD 3,750,000

241 28th St
Miami Beach, Florida 33140

For Sale

Property Description

Major Deal Alert - Faena District Investment Opportunity! Location, location, location: One block from the beach, this fully renovated 1930’s 2 story 4-plex is up for SALE with current CASH FLOW. The property consists of 4 separate units which each have 2 Bed 1 Bath. Each unit is 880 Sq Ft Living. Fully Furnished and Washer and Dryer. Property upgrades include hurricane impact windows, new plumbing, new electric, Central A/C, Water Heaters laundry room and on-site parking. 40 year certification passed! ***Commercial/HOTEL zoning. RM-2. Licensed to do Daily Rentals/AirBnB. Redevelopment play with city ordinances stating a maximum height of 75 feet. Assemblage Opportunity. Buy & Hold and wait for developer buy out. New luxury Developments One Block Away, ''29 Indian Creek ''

Listed by One Sotheby's International Re

Property Details

ID #
A11354815
Status
Sale
Type
Commercial, Industrial
Zip Code
33140
Year Built
1932
Parking Spaces
5
Building Feature
Air Conditioning
Roof Material
Wood shingle roof
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Floor
Wood Floors
Lease Term
Month To Month Lease
Occupancy
Call Listing Agent
Parking
Assigned Parking, Street Parking
Storm Protection
Clear Impact Glass, High Impact Door
Type of Building
Hotel/Motel, Residential-Multi-Family
Utilities
Internet
Zoning Information
4000
Miscellaneous
Landscaped, Laundry Facilities, Outside Storage, Room For Pool
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

Similar Listings