Miami Beach, FL
$3,400,000
Miami Beach, FL 33139
For Sale
Multifamily
Active
Last Updated: 06/17/2025
7,196 sqft
Building Size
14
Units
Details:
Building Size: 7,196 sqft
Units: 14
Year Built: 1962
Floors: 2
Parking Spots: 4
Highlights:
- Number Of Buildings: 1
Description:
Offered at a 5.9% Proforma Cap, the property is currently 93% 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 includes four parking spaces. The unit mix inlcudes 7 studios and 7 1BR/1BA. It has over $120,000 in combined CapEx between the current and previous owner. The exterior was fully painted in 2024 ($27k).
Location
Gallery
