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Miami Beach, FL

$3,660,000

Miami Beach, FL 33139

Active
Last Updated: 06/17/2025

6,900 sqft

Building Size

12

Units

Details:
Building Size:    6,900 sqft
Units:    12
Year Built:    1951
Floors:    2
Highlights:
  • Number Of Buildings: 1
Description:

Offered at a 5.5% Proforma Cap, the property is currently 100% 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. All units in the property are 1BR/1BA. It has over $480,000 in combined CapEx between the current and previous owner. The exterior was last painted in 2023. The property features community laundry. There are also four fully-renovated units in the community.

Map:
Location
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