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Miami Beach, FL

$2,730,000

Miami Beach, FL 33139

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.

Map:
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