Miami Beach, FL
$2,730,000
Miami Beach, FL 33139
For Sale
Multifamily
Active
Last Updated: 06/17/2025
7,700 sqft
Building Size
12
Units
Details:
Building Size: 7,700 sqft
Units: 12
Year Built: 1947
Floors: 2
Highlights:
- Number Of Buildings: 1
Description:
Offered at a 6.4% Proforma Cap, the property is currently 92% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property has 8 studios and 4 1BR units. It has over $300,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. The property also features common area laundry.
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